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View Diary: Bill Clinton: I Shouldn't Have Listened to Summers and Rubin [Substantive Update] (341 comments)

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  •  It's okay for Clinton to change his mind...? (5+ / 0-)

    but we can assume that Rubin and Summers are making the exact same arguments they made 15 years ago?  

    Your whole premise is that you can pick and choose?  

    •  No (15+ / 0-)

      My whole premise is that Clinton is saying this right now for a reason. He wouldn't call out Obama's highest economic advisers lightly. I believe he coordinates his messaging very closely with that of the administration (for one thing, his wife is Secretary of State).

      I am admittedly speculating, but I believe this could portend a change of direction for the White House.

      Harry Reid: Float like Barney Fife, sting like Aunt Bea.

      by MeMeMeMeMe on Sun Apr 18, 2010 at 12:03:26 PM PDT

      [ Parent ]

      •  Oh! I misunderstood. n/t (1+ / 0-)
        Recommended by:
        gmb
      •  I tend to agree (9+ / 0-)

        stuff like this doesn't just "happen" on national TV.

        A few days ago folks here were assuming that there wouldn't be any Democrats out on the Sunday shows getting Obama's back, and that's what I'm interpreting Clinton's remarks to be - cover for Obama to distance himself from Summers and Rubin, either in policy position, or in portfolio (in the case of Summers).

        The only thing we have to fear is fear itself.

        by sidnora on Sun Apr 18, 2010 at 12:09:43 PM PDT

        [ Parent ]

        •  I hope you're right. (3+ / 0-)
          Recommended by:
          sidnora, gmb, greeseyparrot

          There's been considerable criticism of what these guys did during the Clinton administration and discontent that they are now advising Obama. President Clinton doesn't have much in the way of history of covering people's backs. He does have a reputation for letting himself off the hook and leaving others on it, which is what it appears he has done here: "Hey, I made a mistake, but I see it now and that other guy, he's still listening to them." I think he's positioning himself so that when these guys are finally jettisoned, he looks good.  This is a move that ex-presidents are typically very careful to avoid.

          •  You do have a point. (0+ / 0-)

            I'm very aware of (and critical of) Summers and Rubin myself. And Clinton most certainly can be very self-serving - see my other comment on this thread for my personal experience with that.

            That said, if he's going "off the rez" with this statement, we should expect to see some sort of pushback from the WH, maybe even today. Maybe not public, but if WJC ends up "visiting" the Oval Office...

            I don't think Obama would just let him get away with that type of undermining.

            The only thing we have to fear is fear itself.

            by sidnora on Mon Apr 19, 2010 at 05:24:48 AM PDT

            [ Parent ]

      •  Believe it when I see it with this administration (5+ / 0-)

        they've been very safe and deferential to the interests of Wall Street.  Obama is a very play it safe centrist-don't ruffle anybody's feathers unless they're liberal.  If I see people like Stiglitz and William K. Black offered up for nomination, then I'll believe it.

        "Sisters, brothers and the whities, Blacks and the crackers, Police and their backers, They're all political actors"--Curtis Mayfield

        by Cynic in seattle on Sun Apr 18, 2010 at 12:55:10 PM PDT

        [ Parent ]

      •  Unlikely. (4+ / 0-)
        Recommended by:
        askew, gmb, blueoasis, Escamillo

        I just read an article on HuffPo about this and at the end it has this note:

        *UPDATE: This post and its headline were updated after Clinton's office called to say the former president sees former Federal Reserve Chair Alan Greenspan as the one who mainly led the charge against regulating derivatives.

        There was no "apology" as some have termed, it was merely an acknowledgement of the obvious, and now he's already walking it back a bit. Too many people engaging in wishful thinking about this meant. He was asked a question and had no choice but to admit it was an error.

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