this post was submitted on 18 Apr 2024
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Clinton repealled the Glass-Steagal act, which led to the 2008 crash, Obama's unconditional bailouts of financial institutions and ultra-low interest rates and subsequent hyperfinancialization of the Economy, the current house prices bubbles, an explosion in inequality, and an even further collapse of social mobility in the US.
To say that he doubled-down on Reagan's work is an underestimation.
Sure, it's all a bit obscure for those who weren't in Finance during the period around 2008, but that doesn't make it any less so.
(And lets not forget his wife's later "got paid million dollar for a speech to a room full of financiers" that helped her loose to none other than Donald Trump)
The idea that almost all those Democrats in that list didn't do "More money for the rich" is hilarious.
Also as an European in a country with a National Health Service, celebrating Obama's version of "Universal Healthcare" is "you're fucking kidding me"-level insulting.
That stuff is some Narnia-level Eyes Hard Closed level of tribalist self-delusion.