Clinton’s Shift To The Left On Wall Street Doesn’t Fool Anyone
Tonight, Clinton will tell Stephen Colbert in an interview that under her Wall Street reform plan, “if [a bank is] too big to fail, then under my plan and others that have been proposed, they may have to be broken up.”
While Clinton continues her shift leftward to garner support from the most liberal wing of her party, she cannot hide the fact that she voted for the Wall Street and Fannie Mae and Freddie Mac bailouts.
Further, while Clinton is now calling for breaking up the banks, even though earlier this month Clinton reiterated what her campaign made clear in July: she will not back the reinstatement of Glass-Steagall, a bill that would break up the banks.
Her populist rhetoric on Wall Street isn’t fooling anyone.