Monday, September 19, 2011

Bill Clinton says that GOP intransigence could exacerbate 5 year depression; suggests focus on mortgage relief

Bill Clinton talked to Lester Holt about his “Clinton Global Initiative” with Lester Holt on Today. He is very critical of GOP “ideological” rants against “no taxes” and says that rich people don’t mind paying their fair share. 

Clinton says that we could have a lost decade, and that the most serious drag is still the mortgage problem.  He says mortgage payouts need to be extended even further or even converted into rent, so that people are not evicted.



The AOL Huffington Post has an article about Clinton’s remarks, here

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