Hillary Flip-Flops: Talks Nice to Wall Street in 2007 Video, Partially Blames Poor for Mortgage Crisis

By Published on January 20, 2016

Democratic presidential candidate Hillary Clinton once said that Wall Street did not cause the mortgage crisis that led to the financial collapse, and she also partly blamed poor people who took out mortgages that they could not afford.

Video of Clinton’s December 2007 speech at New York City’s NASDAQ stock market could provide fuel both for her left-wing opponent and also for Republicans.

Clinton was running for president as it was becoming clear that subprime mortgages were failing as the first part of what became known as the financial collapse. Clinton referred in the speech to her “wonderful donors, some of whom are here today,” and then absolved those donors of culpability in the collapse.

In her remarks, she spoke of “an economy that in recent months has been the subject of increasingly worrisome headlines about weakening consumer confidence, about a declining dollar, and ballooning national debt.”

 

Read the article “Hillary Flip-Flops: Talks Nice to Wall Street in 2007 Video, Partially Blames Poor for Mortgage Crisis” on breitbart.com.

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