Tuesday, November 8, 2011
BACK TO WORK by Bill Clinton
BACK TO WORK is Bill Clinton's version of Obama's THE AUDACITY OF HOPE, with solid economic advice and an appeal for national cooperation. Although Clinton's one big economic blunder was to sign into law a Republican repeal of the Glass-Steagall Act in 1999, which allowed investment banks to trade in mortgage backed securities (and led to the 2008 collapse on Wall Street), he admits to this mistake, and now urges us to learn from our mistakes and move together toward a solvent economic future, as was the case during his administration (until it was derailed by Bush's war and Greenspan's spendthrift ways). As usual, and particularly now, Clinton sounds honest and smart, despite the fact that history has shown him to have the heart and soul of a politician (meaning he will say and do whatever it takes to look good.) Given our current disastrous economy, in fact, most people today would care not a wit about his personal life, and would vote him into office again in a heartbeat over all contenders--Democratic, Republican, or Tea Party.