Former President Bill Clinton now says that letting Lehman Bros. fail was a mistake that wound up clinching the election for then-candidate Barack Obama, reports Money & Company, the L.A. Times’ Business blog. Clinton’s remarks came before a meeting of the World Business Forum in New York on Wednesday, and were first reported in The Wall Street Journal.
“In 2008, we held our presidential election on Sept. 15,” Clinton said. “When the Bush administration decided not to help Lehman Bros … McCain’s chances of winning an election went from 1-in-4 to 1-in-50. The election ended Sept. 15.”
i agree well gallop daily tracking polls had the race neck and neck until market collapse. swing voting states candidate matchup polls in august 08 picked hillary over mccain and mccain over obama giving mccain an electoral college win only IF obama was selected by the democrat superdelegates at the convention to be the nominee. dems got lucky market crashed
I swear. Bill is a whiz kid. This explanation does help to make sense of an otherwise confusing event.
This gives me yet another reason to dislike Bush.
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It was we, the people; not we, the white male citizens; nor yet we, the male citizens; but we, the whole people, who formed the Union.... Men, their rights and nothing more; women, their rights and nothing less. ~Susan B. Anthony