Thursday, March 30, 2017

Pelosi's Mandatory Public Option & Summers' Fake Bank Toughness


The history rewrite by members of the Blue Team is astounding now that they no longer hold the reigns of power.  Nancy Pelosi said on Face the Nation in mid-March:

"I would have had a public option. I would have done a different bill."
This isn't some pie in the sky wish.  She was Speaker of the House in a Blue majority Congress with a Blue President in the White House.

Next Blue team economic advisor and consummate insider Larry Summers turned into Pinocchio with nose growing statements.

As head of Barack Obama’s National Economic Council during 2009 and 2010 at the height of the foreclosure crisis, Larry Summers broke many promises to help homeowners while simultaneously dismissing Wall Street’s criminality. Now, after the Obama administration has left power and Summers has no ability to influence anything, he finds himself “disturbed” that settlements for mortgage misconduct are full of lies

When it was discovered that mortgage companies were using false documents to execute foreclosures, in violation of numerous legal statutes, Summers dismissed it.
The Obama team began with a free pass for Wall Street.  I wonder what insider Larry Summers hopes to gain with his memory challenged statement?  Who are the insiders he's catering to by speaking out now? 

The Blue team is shameless in their self-serving manipulations.  Pelosi and Summers expect us not to remember.  Well, we do.