Clinton Myths

[Geee]

Town Hall:

Bill Clinton got rave reviews for his speech at the Democratic National Convention. My wife said: “Clinton was great. He made Republicans look like liars and losers.” Clinton, now a sainted elder statesman, also gets credit for the booming economy of the ‘90s.

Today, he appears in an Obama commercial -- in full “I feel your pain” mode -- saying that Obama “has a plan to rebuild America from the ground up.”

When someone claims anyone can rebuild a society from the ground up, I say he is arrogant and delusional.

Clinton then tries to scare viewers by telling them that Republicans want to “go back to deregulation. That’s what got us in trouble in the first place.”

Ah, the progressives’ George W. Bush deregulation myth: Bush’s anti-regulation crusade caused our problems. This is a lie that seems true because of constant media repetition. In fact, Bush talked deregulation but vastly increased the regulatory state. He hired an astounding 90,000 new regulators. Under Democrats and Republicans, regulation grows.

A rare exception was repeal of the Glass-Steagall Act, which forbade financial companies from offering both commercial and investment banking services. You know who signed that?

 

Bill Clinton.