Hillary Clinton’s Detailed Economic Proposals
By SusanUnPC on September 21, 2008 at 12:57 PM in Economy, Hillary Clinton
On Friday (September 19), NancyA posted a great piece on Sen. Hillary Clinton’s floor speech Thursday that directly addressed our nation’s (and the world’s) financial crisis. NancyA posted this video of that speech:
It’s criminal that Hillary Clinton isn’t the presidential nominee — just imagine the speeches she could have given, and the interviews that she would have fielded, this past week if she were the nominee! (And if you read Ani’s story below, “Holding the DNC’s Feet to the Fire: An Interview with Marc Rubin of The Denver Group,” the word “criminal” doesn’t seem too far off.)
Since I got a few e-mails from people who wondered why we hadn’t posted this, I decided that Nancy’s hard work deserves to be featured again. Nancy also did the digging, and got a summary as well as the broad outline of Hillary’s proposals:
Here’s the summary that NancyA retrieved from Sen. Clinton’s Senate Web site press releases:
While Senators John McCain and Barack Obama were auditioning for who could best handle a national economic emergency, Senator Hillary Rodham Clinton released the following statement from her office in Washington, DC. As usual Senator Clinton understands the dangers of this “once in a century” crisis. She calls it “the greatest market upheaval since the Great Depression”. She did the following:
…called for swift and strong action to stem the growing credit crisis on Wall Street. Assailing the Bush Administration for ignoring repeated warnings of the growing crisis and failing to provide adequate oversight of an increasingly complicated market, Senator Clinton offered a series of bold, specific proposals, including creating a new version of the Home Owners’ Loan Corporation (HOLC) to restore confidence in the market, curbing the most damaging and manipulative trading practices, providing relief to homeowners facing foreclosure, and reasserting competent federal oversight.
And here is a broad outline of the detailed proposals that NancyA posted. (In NancyA’s original piece, you can also read the full text of Hillary Clinton’s speech.)






















