When Bill Clinton left office, he left a burgeoning recession on George W. Bush’s doorstep. That wasn’t the only thing he left Bush. He left Bush Osama Bin Laden. Clinton has openly boasted that he could have killed Bin Laden and chose not to try. In fact, Clinton had numerous opportunities to kill Bin Laden. But there’s more. Under Bush Bill Clinton buried an IED. The IED was a house of cards built upon lousy mortgages and trash securities sold as high value. And it was all legal, thanks to Bill Clinton.
Clinton pushed Fannie to 51% subprimes, made predatory lending legal and coerced bankers to make bad loans. Worst of all, bowing to Wall St. he opted not to regulate derivatives on the advice from his Wall St. pal Robert Rubin. That house of cards finally fell in 2007 when the economy slowed and people began to default on their mortgages. People still blame Bush,but it was Clinton buried the IED in 1998. Let us be certain that this is the cause of the financial crisis as even Barack Obama agrees:
“Food stamp recipients didn’t cause the financial crisis; recklessness on Wall Street did,”
Recklessness, all legal, courtesy of Bill Clinton.
Leaving disasters for upcoming Presidents seems to have become a democrat tradition and Barack Obama is the new standard bearer.
Obama badly misjudged ISIS, a mess which he is leaving for the next President. In 2014 Obama announced that he had a “three year” plan to defeat ISIS, which would put the conclusion well after his departure from office ( so don’t blame me!).
Vladimir Putin is toying with Obama as a kitten would toy with a mouse. Russia routinely engages in high risk maneuvers near US ships and aircraft and Obama has nothing to say save for “excuse me sir may I have another?” as he runs out the clock to 2017.
The economy is slowing down. Some are certain a recession is coming. As if he’d learned nothing from Clinton, Obama is pushing bad loans again. (If it appears that Trump might win the election you’ll see a boatload of articles about how bad the economy is and will be. If he is elected President, all left wing pundits will write about is how bad the economy is, even before he takes office.
2017 will be the real test. The law contains two programs that will expire at the beginning of that year: “Risk corridors” and “re-insurance.” Both programs conceal health insurance’s true costs – costs that truly have skyrocketed under the ACA – by subsidizing insurance companies with taxpayer money. Risk corridors give insurance companies money if their customers spend more on health care than the insurer estimated; reinsurance allows insurance companies to bill the federal government for particularly expensive patients.
The employer mandate hits full speed in , you guessed it, 2017 (as in, after obama leaves office).
It’s obvious to all but liberals that the manure is being piled high and deep at the front door of the White House for the next occupant because the current one wants credit for everything but responsibility for nothing. The bombs that obama is burying now are going to going to go off after he’s gone and they are going to do real damage no matter who is the next President.