Politics

MSNBC’s Ratigan laments taxpayer cost of ‘Clinton blow job investigation’

Let them know how you really feel, Dylan.

On Wednesday’s “The Dylan Ratigan Show,” in a segment about the investigation into what caused the financial crisis that has plagued the United States over the past two, host Dylan Ratigan went through a list of other investigations and their costs including what he deemed was the “Clinton-Lewinsky blow job” investigation and how they all had more funding than the Financial Crisis Inquiry Commission (FCIC )investigation.

“If you were to look at this investigation and the budget for the FCIC investigation was $8 million. By comparison, the Lehman Brothers investigation I think was $30 million [$38 million]. The 9/11 commission was $15 million. Bigger than the 9/11 commission, bigger than Lehman and more than four times bigger than the FCIC was the Clinton-Lewinsky blow job investigation at $40 million.”

According to Ratigan’s guest, Michael Lewis, author of “The Big Short: Inside the Doomsday Machine,” although the report was well intentioned, it was ill-timed, coming after financial reform legislation had already been signed into law.

“It’s unbelievable,” Lewis said. “This report which I think is quite good — the problem is the timing of it. It comes after the legislation has been written — the whole point was to tell the lawmakers why this happened then you could design a response to what happened. Instead they run there is the Dodd/Frank legislation and then they get the explanation? There’s no surprise that the two don’t sync up.”