Politicians thrive on voters’ short-term memory. Hillary Clinton went on “The Late Show with Stephen Colbert” Tuesday night and tried to distinguish herself from Barack Obama on the issue of bank bailouts. From The Hill:
… Clinton was asked by Colbert, “If you’re president and the banks are failing, do we let them fail?”
Her response was clear: “Yes, yes, yes, yes, yes, yes, yes.”
Clinton’s so tough on the banks, you see. Except she repeatedly voted for bailouts. The New York Times highlighted her record in a piece earlier this year contrasting her with fellow Democrat presidential candidate Bernie Sanders:
Mrs. Clinton parted ways with Mr. Sanders over his opposition to the bank bailout bill a month before the November 2008 election. He also voted to deny the Treasury Department the ability to spend the remaining $350 billion in the troubled assets purchase program at the start of the next Congress, while she favored it.
But she’s going to let the banks fail now. There’s also an attractive bridge that just went on the market.