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Clinton DID propose Greenspan, Rubin, Volcker lead foreclosure group.

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redqueen Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-24-08 12:27 PM
Original message
Clinton DID propose Greenspan, Rubin, Volcker lead foreclosure group.
Edited on Mon Mar-24-08 12:56 PM by redqueen
...

corrected OP since she actually said it, herself, during her speech.



But the original article was STILL misleading, as it wouldn't be just Greenspan in charge. So there. :P
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rodeodance Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-24-08 12:28 PM
Response to Original message
1. i saw that thread. Thanks
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Tatiana Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-24-08 12:29 PM
Response to Original message
2. I agree.
The working group could be led by bipartisan economic heavyweights such as Republican Greenspan, Democratic former Fed Chairman Paul Volcker and Robert Rubin, the treasury secretary under President Bill Clinton.
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kirby Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-24-08 12:29 PM
Response to Original message
3. Sigh?
"Former Federal Reserve Chairman Alan Greenspan and other economic experts should determine whether the U.S. government needs to buy up homes to stem the country's housing crisis, Democratic presidential candidate Hillary Clinton will propose on Monday."
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redqueen Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-24-08 12:30 PM
Response to Reply #3
5. Link?
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kirby Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-24-08 12:32 PM
Response to Reply #5
9. Its in YOUR link! LOL n/t
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redqueen Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-24-08 12:35 PM
Response to Reply #9
13. It's not a direct quote.
Have a nice day.
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kirby Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-24-08 12:34 PM
Response to Reply #5
10. Also NYTimes...
"In a speech at the University of Pennsylvania, Mrs. Clinton proposed several other moves regarding foreclosures, such as tapping two former chairmen of the Federal Reserve, Alan Greenspan and Paul Volcker, and former Treasury Secretary Robert Rubin, to lead a “high-level emergency working group” to recommend ways to overhaul at-risk mortgages."

http://www.nytimes.com/2008/03/24/us/politics/24cnd-campaign.html?_r=1&hp&oref=slogin
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redqueen Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-24-08 12:36 PM
Response to Reply #10
14. They can quote everything but where she mentioned those names?
Sorry, no sale.
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kirby Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-24-08 12:38 PM
Response to Reply #14
19. Yet you post a new thread refuting it?
Edited on Mon Mar-24-08 12:44 PM by kirby
As if you personally have more knowledge than the current developing story?

Sorry no sale for me either...
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redqueen Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-24-08 12:39 PM
Response to Reply #19
23. Good for you!
:hi:
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rodeodance Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-24-08 12:44 PM
Response to Reply #19
32. Here from the OP
The working group could be led by bipartisan economic heavyweights such as Republican Greenspan, Democratic former Fed Chairman Paul Volcker and Robert Rubin, the treasury secretary under President Bill Clinton.
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slinkerwink Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-24-08 12:39 PM
Response to Reply #14
24. look at my response below
with link to the speech excerpt mentioning Greenspan being on the panel.
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rodeodance Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-24-08 12:43 PM
Response to Reply #14
30. Here from the OP---three names plus "could"---RUBIN included

The working group could be led by bipartisan economic heavyweights such as Republican Greenspan, Democratic former Fed Chairman Paul Volcker and Robert Rubin, the treasury secretary under President Bill Clinton.
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joeybee12 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-24-08 12:30 PM
Response to Original message
4. yeah, another day, another day of Bot lies and distortions...
...how can these people sleep at night?
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OzarkDem Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-24-08 12:30 PM
Response to Original message
6. More swiftboating by the news media and Obama supporters
They've gotten pretty good at it.
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redqueen Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-24-08 12:31 PM
Response to Reply #6
7. Uh... I'M an Obama supporter. (nt)
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OzarkDem Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-24-08 12:49 PM
Response to Reply #7
42. Kudos to you
You're one of the few who still maintains some sense of objectivity and focus on the issues.
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rhett o rick Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-24-08 12:38 PM
Response to Reply #6
21. Including "Obama supporters" in your post is disgusting, divisive and
republican-like. You are contributing to the division of the Party which favors John McBush.
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OzarkDem Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-24-08 12:50 PM
Response to Reply #21
44. You need to check the posts in this forum
and tell me where the accusations originated.
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rhett o rick Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-24-08 02:12 PM
Response to Reply #44
58. "They started it" Is that what I hear you saying. I am saying, for the sake of the party
for the sake of the country, be the bigger person and stop the attacks and accusations. Please.
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OzarkDem Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-24-08 06:22 PM
Response to Reply #58
59. Excuse me?
You and I must be reading different forums.
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rhett o rick Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-24-08 11:56 PM
Response to Reply #59
60. Never mind.
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City Lights Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-24-08 12:58 PM
Response to Reply #6
55. You forgot Hillary. She's the one who said it.
:hi:
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Texas Hill Country Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-24-08 12:31 PM
Response to Original message
8. oh, ok, thank you... still would be smart.
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TwilightGardener Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-24-08 12:34 PM
Response to Original message
11. It doesn't say "experts SUCH as possibly Greenspan", it says "Greenspan", right in the article.
I'm sorry, the article is clear that Greenspan would be a headliner in this group. There's no other way to read it.
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Tatiana Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-24-08 12:36 PM
Response to Reply #11
15. It says exactly that.
The working group could be led by bipartisan economic heavyweights such as Republican Greenspan, Democratic former Fed Chairman Paul Volcker and Robert Rubin, the treasury secretary under President Bill Clinton.
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redqueen Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-24-08 12:37 PM
Response to Reply #11
17. Yes, the journalist who wrote it says Greenspan.
The journalist even goes so far as to tell us that Hillary will mention his name.

I still think it's unfair to saddle her with this until she actually says what this person says she's going to say.
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TwilightGardener Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-24-08 12:38 PM
Response to Reply #17
18. Well, it's nice that you give the benefit of the doubt.
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redqueen Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-24-08 12:54 PM
Response to Reply #18
52. I think it's important to do so...
I'm not sure it is, but eh... :hi:
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slinkerwink Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-24-08 12:39 PM
Response to Reply #17
22. it's actually in her economic policy speech she released today
She is calling on President Bush to appoint an Emergency Working Group on Foreclosures to consult with experts and report to Congress and the Administration within three weeks on the best way to solve this crisis while focusing first and foremost on keeping families in their homes.

The Working Group should be headed by a non-partisan group of eminent leaders like Alan Greenspan, Paul Volcker, and Bob Rubin—each of whom supports one of the remaining candidates in the Presidential race.


http://thepage.time.com/details-of-clintons-homeowner-plan/
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redqueen Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-24-08 12:41 PM
Response to Reply #22
27. I hadn't seen the speech...
perhaps people might include the quote where she included these names.

I'm way past giving any credence at all to the prognostications of those in the M$M.
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rodeodance Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-24-08 12:49 PM
Response to Reply #11
41. silly--you are making stuff up again. She also included RUBIN!!--looky


The working group could be led by bipartisan economic heavyweights such as Republican Greenspan, Democratic former Fed Chairman Paul Volcker and Robert Rubin, the treasury secretary under President Bill Clinton.
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rinsd Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-24-08 12:34 PM
Response to Original message
12. Thanks RedQueen..
You're always fair!

:hi:
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rodeodance Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-24-08 12:47 PM
Response to Reply #12
38. see this
The working group could be led by bipartisan economic heavyweights such as Republican Greenspan, Democratic former Fed Chairman Paul Volcker and Robert Rubin, the treasury secretary under President Bill Clinton.
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redqueen Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-24-08 12:50 PM
Response to Reply #12
45. Thank you!
I do try. :hi:
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slinkerwink Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-24-08 12:37 PM
Response to Original message
16. uh, she did propose putting him on the panel
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redqueen Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-24-08 12:38 PM
Response to Reply #16
20. I don't see where she ever mentioned his name.
As soon as I see a quote, I'll be convinced, not before.
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slinkerwink Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-24-08 12:40 PM
Response to Reply #20
25. right here
http://thepage.time.com/details-of-clintons-homeowner-plan/

She is calling on President Bush to appoint an Emergency Working Group on Foreclosures to consult with experts and report to Congress and the Administration within three weeks on the best way to solve this crisis while focusing first and foremost on keeping families in their homes.
The Working Group should be headed by a non-partisan group of eminent leaders like Alan Greenspan, Paul Volcker, and Bob Rubin—each of whom supports one of the remaining candidates in the Presidential race.
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redqueen Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-24-08 12:43 PM
Response to Reply #25
31. Sorry slinkerwink, but I'd need to see the speech for myself...
once the speech is online and avaiable to direclty quote where she, herself, said those names, then I'll believe it.

Thanks though. :)
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rodeodance Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-24-08 12:45 PM
Response to Reply #16
35. she said "could"---but also included RUBIN
The working group could be led by bipartisan economic heavyweights such as Republican Greenspan, Democratic former Fed Chairman Paul Volcker and Robert Rubin, the treasury secretary under President Bill Clinton.
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hfojvt Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-24-08 12:40 PM
Response to Original message
26. How so? Do you have an exact quote?
"The working group could be led by bipartisan economic heavyweights such as Republican Greenspan, Democratic former Fed Chairman Paul Volcker and Robert Rubin, the treasury secretary under President Bill Clinton."

Certainly there he seems to be one of the leaders.

Although, I actually understand having him be involved. Greenspan has long been one of my top ten hated people, but he still has a reputation as "the Maestro" and as such inspires confidence on Wall Street. Since a large measure of what is needed is "calm", avoiding panic. None of those three are friends of the working class, but the working class also needs a functioning monetary system.

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redqueen Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-24-08 12:45 PM
Response to Reply #26
34. That's the whole thing... there is no quote of her proposing those names.
Just reports on her speech and what she's expected to say.
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hfojvt Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-24-08 12:51 PM
Response to Reply #34
46. it's a summary from an advanced press release prepared by her campaign
They paraphrase some of it instead of making their article all quotes. It should be accurate, although the M$M often gets even basic facts wrong, especially when they are promoting one of their scripts. But the press release should be on her website.
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redqueen Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-24-08 12:54 PM
Response to Reply #46
53. Yes... but she might change it at the last minute...
or as you said, the press could just screw it up. :)
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rodeodance Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-24-08 12:42 PM
Response to Original message
28. says a working group "could" be Volker, Greenspan and RUBIN.


The working group could be led by bipartisan economic heavyweights such as Republican Greenspan, Democratic former Fed Chairman Paul Volcker and Robert Rubin, the treasury secretary under President Bill Clinton.
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kirby Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-24-08 12:42 PM
Response to Original message
29. HERE IS EXACT TRANSCRIPT!
Edited on Mon Mar-24-08 12:46 PM by kirby
http://www.nytimes.com/2008/03/24/us/politics/24text-clinton.html?pagewanted=all

You should self-delete your misinformation...

"That's why I'm proposing this emergency working group on foreclosures. It could be led by a distinguished nonpartisan group of economic leaders, like Alan Greenspan, Robert Rubin, Paul Volcker. It's the kind of proactive step that would help reestablish confidence in our economy, by showing that the president and the administration is taking our economic crisis seriously."

Kinda like suggesting a Mid-East peace panel should be headed up by distinguished diplomatic leaders such as Dick Cheney, Condi Rice, and Joe Lieberman.
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Coexist Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-24-08 12:45 PM
Response to Reply #29
33. yes, I saw that, she did say he should lead the group, and Volcker
already endorsed Obama and wouldn't want in on that.
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rodeodance Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-24-08 12:46 PM
Response to Reply #33
37. Don't forget Rubin--the man who held the US together while Newt shut down Congress
The working group could be led by bipartisan economic heavyweights such as Republican Greenspan, Democratic former Fed Chairman Paul Volcker and Robert Rubin, the treasury secretary under President Bill Clinton.
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kirby Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-24-08 12:50 PM
Response to Reply #37
43. Rubin is CEO of Citigroup...Another idiotic idea when
it comes to helping the common person...
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rodeodance Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-24-08 01:06 PM
Response to Reply #43
56. He was a great Tres. Sec. who cares about his country. simple as that
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kirby Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-24-08 01:14 PM
Response to Reply #56
57. dot.com bubble during his watch...
and him leaving the Treasury and working as a CEO of the very companies that helped create the current situation disqualifies him for me.

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redqueen Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-24-08 12:46 PM
Response to Reply #29
36. Pardon me, rude person, but I will not self-delete - I will correct it.
I will give this and all your posts all the consideration they deserve.

:hi:
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Coexist Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-24-08 12:48 PM
Response to Reply #36
39. you are always very nice.
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kirby Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-24-08 12:48 PM
Response to Reply #36
40. Do what you want..
I was trying to counter misinformation with facts. I wasn't trying to be rude, just factual.
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redqueen Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-24-08 12:51 PM
Response to Reply #40
49. You were actually rather bossy.
But whatever... have a nice day. :hi:
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kirby Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-24-08 12:53 PM
Response to Reply #49
51. My apologies then...
Sorry if I came across bossy... Was just typing quick before the edit window expired.
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Tatiana Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-24-08 12:51 PM
Response to Reply #36
47. Well I do think the title of the article is misleading
Edited on Mon Mar-24-08 12:52 PM by Tatiana
In the sense that it suggests Greenspan is going to be at the head of this committee, when it seems as if a bipartisan committee (which would include Democrats) would be leading the proposed group instead.
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redqueen Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-24-08 12:55 PM
Response to Reply #47
54. Excellent point.
It is still misleading, as he wouldn't be *the* person heading the group.

Thanks! :hi:
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rodeodance Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-24-08 12:51 PM
Response to Reply #36
48. Rubin is included in the OP
The working group could be led by bipartisan economic heavyweights such as Republican Greenspan, Democratic former Fed Chairman Paul Volcker and Robert Rubin, the treasury secretary under President Bill Clinton.
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kirby Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-24-08 12:51 PM
Response to Reply #36
50. self delete
Edited on Mon Mar-24-08 12:53 PM by kirby
Title corrected.
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