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FreakinDJ

(17,644 posts)
Sun Feb 21, 2016, 10:02 PM Feb 2016

Third Way in struggle for the Democratic Party’s soul

Members of the group worried that, with the end of the Bill Clinton era, the Democratic Party’s centrist wing had lost its way. Over sodas, they pitched a new think tank named for Clinton’s political philosophy, Third Way.


Fast forward a decade: The philosophy, sketched out privately at the Boston office of Brown Rudnick,
is now at the center of an intense struggle for the soul of the Democratic Party


Third Way, backed by Wall Street titans, corporate money, and congressional allies, is publicly warning against divisive “soak-the-rich” politics voiced by populist Democrats. Its target: Elizabeth Warren, the Massachusetts senator whose rise to power two years ago helped galvanize Democratic grass roots against Wall Street and pushed the issue of income inequality to the forefront.


“Wall Street is extremely good at pushing anybody that is critical of them as being populist, or know-nothings,” said Ted Kaufman, who temporarily served as an appointed US senator to replace Vice President Joseph R. Biden Jr., then succeeded Warren in leading a special congressional panel that oversaw the bank bailout.

h the income gap growing between most of the nation’s taxpayers and the wealthiest 1 percent, the battle is over how aggressively the party’s candidates — including, potentially, Hillary Clinton — will contrast themselves with Republicans on tax and economic issues in 2016.


https://www.bostonglobe.com/news/nation/2014/10/06/struggle-for-soul-democratic-party-pits-wall-street-backed-think-tank-against-elizabeth-warren/pYk3SXRnZDmpi7C7N4ZpXN/story.html
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Third Way in struggle for the Democratic Party’s soul (Original Post) FreakinDJ Feb 2016 OP
The Globe lived thru Mitt olddots Feb 2016 #1
The emperor's clothes warrprayer Feb 2016 #2
I'm just getting warmed up... Joe the Revelator Feb 2016 #3
If anyone is wondering why some of us absolutely refuse to say we'd be ok with Hillary, RiverLover Feb 2016 #4
i've bookmarked it to read amborin Feb 2016 #6
You won't be disappointed. Lots of insightful info thanks to Sabrina. /nt RiverLover Feb 2016 #7
Regardless of the outcome, the Rigged Society is out of the bag. Low interest voters have been libdem4life Feb 2016 #5
So why is 3rd Way attacking Bernie and Warren but NOT Clinton FreakinDJ Feb 2016 #16
Let's see... trustworthiness...conveniently adjustable policies...war...ME...minimum wage... libdem4life Feb 2016 #19
1%s we're coming for your jonjon Feb 2016 #8
Indeed! cer7711 Feb 2016 #9
And lets also not forget ............TPP, someone should ask her if she would ................... turbinetree Feb 2016 #13
The Third Way is the apitome of the establishment. Bubzer Feb 2016 #10
The DNC DWS DLC Third Way Establishment Is Apoplectic About A Bernie Presidency, The Panic Is Theirs cantbeserious Feb 2016 #11
And they will lose that struggle. There is now a FOURTH Way. 4 Letters. B-E-R-N. johnlucas Feb 2016 #12
The pitchforks are coming! TIME TO PANIC Feb 2016 #14
It will be interesting to see if the Wall Street backers for Clinton in the primary... C Moon Feb 2016 #15
They'll probably stick with Clinton as long as she can "deliver" Hydra Feb 2016 #17
They like to cover their bets RiverLover Feb 2016 #18
 

Joe the Revelator

(14,915 posts)
3. I'm just getting warmed up...
Sun Feb 21, 2016, 10:09 PM
Feb 2016

I say Hillary is killing the very spirit this institution proclaims it instills. What a sham. What kind of a show you guys are putting on here today? I mean, the only class in this act is sitting next to me, and I'm here to tell ya this boy's soul is intact. It's non-negotiable. You know how I know? Someone here, and I'm not gonna say who, offered to buy it. Only progressives here weren't selling.

RiverLover

(7,830 posts)
4. If anyone is wondering why some of us absolutely refuse to say we'd be ok with Hillary,
Sun Feb 21, 2016, 10:16 PM
Feb 2016

Please click on the OP link above & read the entire article.

Hillary & Third Way are as much the opposition party to FDR Traditional Dems as are the republican party. Maybe worse because they're basically rethugs & they've firmly ensconced themselves within the Democratic Party.


...Also see a discussion we had here regarding the article above & Warren's response~

Elizabeth Warren's response to Third Way Criticisms: 'Oh Please'

^^^^ Good stuff!

 

libdem4life

(13,877 posts)
5. Regardless of the outcome, the Rigged Society is out of the bag. Low interest voters have been
Sun Feb 21, 2016, 10:21 PM
Feb 2016

awakened to some extent, there will be more oversight...I'm going with the concept that it's a Tipping Point back to the People. Every system has a cycle...often cycles within cycles...which means coming full circle but back to a place lower or higher on the ultimate trajectory.



 

FreakinDJ

(17,644 posts)
16. So why is 3rd Way attacking Bernie and Warren but NOT Clinton
Mon Feb 22, 2016, 07:05 AM
Feb 2016

She says she is for many of the same policies Bernie is - yet members of the board have donated $Millions to her campaign




Bernard L. Schwartz

$1.0 million

Chairman and chief executive of BLS Investments.

http://www.nytimes.com/interactive/2016/us/elections/top-presidential-donors-campaign-money.html
 

libdem4life

(13,877 posts)
19. Let's see... trustworthiness...conveniently adjustable policies...war...ME...minimum wage...
Mon Feb 22, 2016, 11:46 AM
Feb 2016

Clinton "Foundation", who she pals around with (Kissinger and Blankfein, among others) college for all...I could go on...6 figure speeches sounding like a Goldman Sachs executive, reported by an attendee.

Biggest is WAR. We can't find money to send kids to college, provide jobs, pay a living wage or feed the hungry properly...why? We're supporting endless war, slaughter of innocents and many of our best and brightest, and she's ready to keep on going. But trillions to pound sand in the ME? No problem.

Oh, and Clinton IS Third Way...started with Bill Clinton...the almost lurch to the right.

I guess you don't get into the Bernie Forum much. Just like the MSM, you won't find it much on the GD-P or GD.


ETA: The telling two words..."she says"...often what each audience wants to hear. Bernie has "been doing" for 5 decades.

cer7711

(502 posts)
9. Indeed!
Sun Feb 21, 2016, 11:53 PM
Feb 2016

NAFTA

"Don't ask; don't tell"

reforming "welfare as we know it"

the "triangulation" of ever-rightward-moving policy as a means to forge political consensus

the deregulation of Wall Street

a vote in favor of invading Iraq

pursuing trade policies that drove up drug prices around the world

the implementation of draconian sentencing laws that gave us one of the highest incarceration rates in the world

HRC claiming she came under "sniper fire" after landing in Bosnia (Film exists of smiling children handing HRC flowers.)

HRC "golden handcuffs"--paid for by the American people & Goldman Sachs

suspicious last-minute election year reversals of long-standing support for TPP & the Keystone XL pipeline

luke-warm defense of unions

luke-warm efforts to raise the minimum (WORKING CLASS!) wage

Alert away, itchy pro-HRC fingers. I'll hold my nose and vote for HRC if she wins the nomination but you know what? It will be with exactly zero enthusiasm--and the understanding that hawkish, pro-war HRC will fix NOTHING in Washington or Wall Street.

......................

Time for the Clintons to exit politics, methinks. Experience only counts if you LEARN from it. And HRC, it seems, has learned all the wrong, cynical, word-parsing lessons from her husband and the 1%-ers that own her . . .

......................


SEE ALSO:

http://www.huffingtonpost.com/entry/bill-clinton-is-sorry_us_55a83397e4b0896514d0e220

......................

AND:

In dealing with Wall Street, Clinton faced the same challenge as any lawmaker representing New York, where the financial industry includes not only constituents but campaign donors. Wall Street executives were the largest donors to both her 2006 Senate re-election bid and her 2008 presidential race; employees of just eight banking firms gave $2.67 million to those campaigns, according to data compiled by the Center for Responsive Politics, a non-profit research group.

Clinton in 2007 publicly decried a tax break for hedge-fund and private-equity executives — and continues to do so in her current campaign. But she didn’t sign on as a supporter of a Senate bill that would have curbed the break.

As a senator, Clinton also had a brush with the shadow-banking world that she now describes as a continuing threat to the financial system. When AIG, the giant insurance company and poster child for lightly regulated finance, began to implode in September 2008, Clinton reached out to Treasury Secretary Henry Paulson, who was involved in talks to rescue the firm with government funds. Her little-noticed overture came on behalf of some wealthy investors who stood to lose millions and had hired two longtime associates of the Clintons to represent them.

Brian Fallon, a spokesman for the Clinton campaign, declined to comment for this story.

https://www.propublica.org/article/hillary-clinton-mixed-record-on-wall-street-tough-cut-it-out-talk

turbinetree

(24,703 posts)
13. And lets also not forget ............TPP, someone should ask her if she would ...................
Mon Feb 22, 2016, 12:40 AM
Feb 2016

re-open the TPP "trade deal" if she becomes president, because of over whelming dislike by the public on this "trade deal"

I think every Democrat, union labor leader and its members and the public should hear that answer, and if she would do it in the first 100 days of her administration, and who, she would ask in the cabinet to do it -----------------------that is a important issue which is not being addressed .........................that is my litmus test, and so far she has basically flip flop, one day she said it was the gold standard, and then she said it was bad, ok how bad would you as president, re-open and renegotiate this and other "trade deals"

YES---------------------------or NO-------------------ANSWER Please


I already know what Senator Sanders would do, (RE-OPEN these 'trade deals&quot , what would she do---------------------------???????


htps://www.google.com/search?q=hillary+clintons+e-mails+on+Trans+Pacific+partnership+&sitesearch=democraticunderground.com&gws_rd=ssl

http://www.ibtimes.com/hillary-clinton-emails-secret-negotiations-new-york-times-trade-bill-lobbying-2315809?utm_source=twitterfeed&utm_medium=twitter

Bubzer

(4,211 posts)
10. The Third Way is the apitome of the establishment.
Mon Feb 22, 2016, 12:14 AM
Feb 2016

As far as I'm concerned, they're as democratic as Trump.

cantbeserious

(13,039 posts)
11. The DNC DWS DLC Third Way Establishment Is Apoplectic About A Bernie Presidency, The Panic Is Theirs
Mon Feb 22, 2016, 12:21 AM
Feb 2016

The demise of those institutions will only benefit the 99%.

Let the wake begin.

 

johnlucas

(1,250 posts)
12. And they will lose that struggle. There is now a FOURTH Way. 4 Letters. B-E-R-N.
Mon Feb 22, 2016, 12:34 AM
Feb 2016

I'm tired of drinking Diet Republican Soda.
I want an authentic Democratic beverage.
Real sugar not that high fructose corn syrup.

And when you drink it down, it's so good it leaves that little BERN in your throat.
That's leaves a good taste in your mouth & makes you drink more.

We're shutting down the Third Way Bottling Company.
Time to open up Independent Revolutionary Beverages.
John Lucas

C Moon

(12,213 posts)
15. It will be interesting to see if the Wall Street backers for Clinton in the primary...
Mon Feb 22, 2016, 01:05 AM
Feb 2016

will change their financial backing in the GE—and go with the Republican candidate.
That's, of course, assuming she wins the primary. Which I hope not.

Hydra

(14,459 posts)
17. They'll probably stick with Clinton as long as she can "deliver"
Mon Feb 22, 2016, 11:21 AM
Feb 2016

Nevada was pivitol. If she had lost there, the money would have dried up and gone to the GOP. The panic level said it all.

RiverLover

(7,830 posts)
18. They like to cover their bets
Mon Feb 22, 2016, 11:30 AM
Feb 2016

And give to both parties.

They are IN no matter who wins if Clinton is the nom.

Just another example from many on how the "game is rigged."

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