2016 Postmortem
In reply to the discussion: (I'll regret this) starting around 1970, black wages started to rise and white wages started to fall [View all]uponit7771
(90,329 posts)... and Bear Sterns etc... not Wells Fargo and CITI... they for the most part kept their noses clean.
Some of the "big banks" didn't even want the bail out money!!!
Its the invest houses that have holding company titles that are the bigger risk, they can hold money in certain accounts that are insured up to 250,000... that's the bigger risk not just BOA, WF and CITI.
Also if HRC is going to be held responsible for the bad parts of the 90s she should be given the benefits of the good parts which was able to lift middle class blacks into another area of earning economically and set a higher tax rate for the 1% to pay for schools etc.
It's not fair to say she's responsible for the bad of the 90s due to her advocating what her husbands admin and not give her the good.
The Clinton years were a net positive for America.. that's not in dispute