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Archive for February 5th, 2016

You bet she did, according to US Senator Elizabeth Warren. In the debate with Senator Sanders, Hillary said,

“Senator Sanders has said he wants to run a positive campaign; I’ve tried to keep my disagreements over issues, as it should be. But time and time again, by innuendo, by insinuation, there is this attack that he is putting forth, which really comes down to: ‘Anybody who ever took donations or speaking fees from any interest group has to be bought.’ And I just absolutely reject that, senator. And I really don’t think these kinds of attacks by insinuation are worthy of you. Enough is enough. If you have something to say, say it directly,” Clinton continued, “but you will not find I ever changed a view or a vote because of any donation I ever received.”

Yes, she did change her mind on legislation when some of the biggest banks applied pressure on her as a US senator. They wanted her to vote for legislation making it more difficult for people to go bankrupt. As first lady, she had opposed the bill, and gotten her husband, President Bill Clinton, to veto it after he had supported it.

The big banks were behind this for a big reason. Like mortgage backed bonds, credit card debt is also securitized. Wall Street investment banks purchase credit card debt, bundle them in packages, and sell bonds backed by the debt. This is a sector of the banking industry that produces tens of billions upon billions of dollars of profits for banks like JP Morgan and Citigroup. When people go bankrupt, the bonds become valueless.

By supporting the legislation, Hillary Clinton voted to enslave the 99 percent to rich investors and Wall Street investment banks with a steel chain of credit card and other debt. Most bankruptcies, by the way, are caused by medical bills paid off with credit cards.

You want proof that Hillary pulled another whooper on the audience? Check out the Bill Moyers interview with Senator Elizabeth Warren below. Then check out a few other issues Hillary was not quite honest on by clicking on the link below that.

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