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bunnies

(15,859 posts)
Fri Feb 26, 2016, 11:22 AM Feb 2016

"Hillary Clinton Tells Wall Street She Believes Anti-Wall Street Rhetoric ‘Foolish’"

Everyone remember this?


Hillary Clinton Tells Wall Street She Believes Anti-Wall Street Rhetoric ‘Foolish’
By DSWright

Sunday Dec 22, 2013 · 12:54 PM EST

Here we go again.

According to a piece in Politico Magazine former Secretary of State and likely 2016 presidential candidate Hillary Clinton had some harsh words related to progressives in her $400,000 speeches for Goldman Sachs and friends. Clinton decided to use her speaking opportunity before the super rich to attack those criticizing Wall Street and its numerous criminal practices.

Ordinarily these masters of the universe might have groaned at the idea of a politician taking the microphone...

But Clinton offered a message that the collected plutocrats found reassuring, according to accounts offered by several attendees, declaring that the banker-bashing so popular within both political parties was unproductive and indeed foolish.


Foolish, as in you don't get paid $400,000 for saying it? Why criticize Goldman Sachs when you can get paid $400,000 for talking to them the way they like?

Striking a soothing note on the global financial crisis, she told the audience, in effect: We all got into this mess together, and we’re all going to have to work together to get out of it. What the bankers heard her to say was just what they would hope for from a prospective presidential candidate: Beating up the finance industry isn’t going to improve the economy—it needs to stop.



http://www.dailykos.com/story/2013/12/22/1264660/-Hillary-Clinton-Tells-Wall-Street-She-Believes-Anti-Wall-Street-Rhetoric-Foolish

Got that Bernie supporters? Unproductive and foolish.

This is why she wont release the transcripts.
79 replies = new reply since forum marked as read
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"Hillary Clinton Tells Wall Street She Believes Anti-Wall Street Rhetoric ‘Foolish’" (Original Post) bunnies Feb 2016 OP
Anyone that thinks Goldman did not expect to get value in kind for its money libtodeath Feb 2016 #1
I think people know that. Some though believe that HRC won't buckle, she has too much integrity. EndElectoral Feb 2016 #6
They ignore her lack of integrity. n/t VulgarPoet Feb 2016 #11
She isn't buckling - she agrees with them pengu Feb 2016 #17
What integrity? azmom Feb 2016 #24
Integrity: BeanMusical Feb 2016 #44
ANY Clinton. nt hifiguy Feb 2016 #58
And hillary loves giveing it to then. Ask bernie to do it and he tells you to fuck off! Nt Logical Feb 2016 #54
That's the point! NWCorona Feb 2016 #55
THANKS BUNNIES... CorporatistNation Feb 2016 #2
Message auto-removed Name removed Feb 2016 #3
SPREAD THE TRUTH! CorporatistNation Feb 2016 #4
Far and Wide, my friend! bunnies Feb 2016 #5
Of course. Was there any doubt what she tells her BFFs? nc4bo Feb 2016 #7
Nope. bunnies Feb 2016 #8
But, but she always TRIES to tell the truth to the American people, she has always TRIED!!! Dustlawyer Feb 2016 #15
thank you k&r Mudcat Feb 2016 #9
Anyone with a brain should already know this. onecaliberal Feb 2016 #10
We need a healthy financial system. It needs regulation to protect the people Lucinda Feb 2016 #12
The crooks need to be imprisoned... tokenlib Feb 2016 #22
Because she will not regulate it. Regardless of what azmom Feb 2016 #25
She doesnt owe them anything. Her primary campaign contributions, in the great majority, Lucinda Feb 2016 #30
Awww your sweet. azmom Feb 2016 #31
And correct. Lucinda Feb 2016 #32
I wouldn't go that far. azmom Feb 2016 #33
Nice try. But this isn't about campaign contributions The Velveteen Ocelot Feb 2016 #34
I'm talking about the money she has raised for this election. n/t Lucinda Feb 2016 #36
I'm talking about her - personally - getting paid millions by corporations The Velveteen Ocelot Feb 2016 #37
It's a fraction of the amount she has received from the voters. If anyone owns her, we do. Lucinda Feb 2016 #38
So you don't think Goldman Sachs expects anything at all The Velveteen Ocelot Feb 2016 #40
Nope. They paid her, like they pay any speaker, to provide a perk for their Lucinda Feb 2016 #46
I've been to corporate meetings with hired speakers. The Velveteen Ocelot Feb 2016 #51
Anyone recently retired, yes. I'm sure the fees lessen as time goes on. Lucinda Feb 2016 #61
Im talking about the corporate class that trades in hidden communication and money with the Queen Fairgo Feb 2016 #77
She got $7 million from one individual donor n/t arcane1 Feb 2016 #42
Who gave her 7 million? n/t Lucinda Feb 2016 #47
My mistake, it was a paltry $6 million: arcane1 Feb 2016 #48
He didnt pay that to Hillary. He gave it to a SuperPAC. Lucinda Feb 2016 #63
Exactly, it was a campaign donation n/t arcane1 Feb 2016 #74
If they're investments in her won't pay off, why do they invest in her? Tierra_y_Libertad Feb 2016 #78
The longer she hides those transcripts... SoapBox Feb 2016 #13
*ding ding* bunnies Feb 2016 #16
I have no doubt we would be looking at a -- Hell Hath No Fury Feb 2016 #27
Let's fact-check this story... Orsino Feb 2016 #14
K&R dchill Feb 2016 #18
Surely somebody else, somewhere, has the transcripts of her Wall Street speeches? Gene Debs Feb 2016 #19
"I'll look into it" = "Fuck you...I don't care about you" Roland99 Feb 2016 #20
The Goldman handcuffs won't let me release them...n/t tokenlib Feb 2016 #21
HUGE K & R !!! - THANK YOU !!! WillyT Feb 2016 #23
Message auto-removed Name removed Feb 2016 #26
They have given her millions to azmom Feb 2016 #28
She's right MaggieD Feb 2016 #29
Wall Street has earned that hate. davidthegnome Feb 2016 #41
So hate them MaggieD Feb 2016 #43
Then she doesn't deserve the support of people who believe Wall Street needs regulating. n/t VulgarPoet Feb 2016 #49
It's not a matter of hate on my part. davidthegnome Feb 2016 #53
>>>>> truebluegreen Feb 2016 #75
OMG are you hillary fans defending everything she does! Fucking hilarious! Nt Logical Feb 2016 #56
Did you think it was wrong for Obama to use 47% against Romney? NWCorona Feb 2016 #60
Not all all MaggieD Feb 2016 #68
Huh? Romney tried to pivot to the people the best he could NWCorona Feb 2016 #69
Your logic is lacking, IMO MaggieD Feb 2016 #70
You can resort to personal attacks all you want but we know what that means NWCorona Feb 2016 #71
Not an attack and nothing personal MaggieD Feb 2016 #72
Fair enough 😀 NWCorona Feb 2016 #73
You're right. I mean, she ought to just say nothing in public. Dark n Stormy Knight Feb 2016 #79
this is why lsewpershad Feb 2016 #35
She is either very deceitful or very blind or both. Hillary just jwirr Feb 2016 #39
Bingo Populist_Prole Feb 2016 #57
Your first paragraph says it much better than I could. Thank jwirr Feb 2016 #62
Kick and R BeanMusical Feb 2016 #45
Huge K&R n/t Joe Shlabotnik Feb 2016 #50
good find, thanks! grasswire Feb 2016 #52
"but I will reign you in" wink wink n/t whatchamacallit Feb 2016 #59
"so just cut it out, ok?" nudge nudge. nt bunnies Feb 2016 #65
Yes, the "rhetoric" is foolish unless you have some solutions to fix the problem. And you can't fix Jitter65 Feb 2016 #64
Forgive me if I dont shed tears for poor old "alienated" Wall Street. bunnies Feb 2016 #66
Please cite some examples truebluegreen Feb 2016 #76
She and Bill didn't make $150 million in "speaking fees" spreading the gospel of Marx. jalan48 Feb 2016 #67

BeanMusical

(4,389 posts)
44. Integrity:
Fri Feb 26, 2016, 01:40 PM
Feb 2016

Noun

The quality of being honest and having strong moral principles; moral uprightness.

Antonym:

Clinton.

Response to bunnies (Original post)

nc4bo

(17,651 posts)
7. Of course. Was there any doubt what she tells her BFFs?
Fri Feb 26, 2016, 11:34 AM
Feb 2016

Any doubt what lies she tells us about WHAT she says to her BFFs for hundreds of thousands of dollars?!

Untrustworthy!

 

bunnies

(15,859 posts)
8. Nope.
Fri Feb 26, 2016, 11:37 AM
Feb 2016

But I'm sick to death of her supporters claiming theres no there, there. I have zero doubt that she's shit on the left over and over and over again. She just thinks we're to "foolish" to know.

Lucinda

(31,170 posts)
12. We need a healthy financial system. It needs regulation to protect the people
Fri Feb 26, 2016, 11:54 AM
Feb 2016

but, our economy needs a strong Wall Street and banking systems. Not sure why people have trouble seeing what she is saying.

tokenlib

(4,186 posts)
22. The crooks need to be imprisoned...
Fri Feb 26, 2016, 12:53 PM
Feb 2016

..and the revolving door between Wall Street and the Cabinet needs to be locked...

azmom

(5,208 posts)
25. Because she will not regulate it. Regardless of what
Fri Feb 26, 2016, 01:12 PM
Feb 2016

She says on the campaign trail, she owes them too much.

Lucinda

(31,170 posts)
30. She doesnt owe them anything. Her primary campaign contributions, in the great majority,
Fri Feb 26, 2016, 01:17 PM
Feb 2016

have been individual voters.

The Velveteen Ocelot

(115,869 posts)
34. Nice try. But this isn't about campaign contributions
Fri Feb 26, 2016, 01:24 PM
Feb 2016

(a lot of which have come from individuals working in the financial sector, btw) but about money that went right into Hillary's pocket. She benefited personally from being all cozy with Goldman Sachs and their ilk and telling them what they wanted to hear in six-figure speeches. If you want to believe they paid her that kind of money for nothing more than a few nice friendly hour-long speeches full of warm fuzzies, go right ahead.

The Velveteen Ocelot

(115,869 posts)
40. So you don't think Goldman Sachs expects anything at all
Fri Feb 26, 2016, 01:35 PM
Feb 2016

in return for the $600,000+ they paid her in one year to make a few speeches?



And they make fun of Sanders supporters for believing in unicorns and "free stuff."

Believing the financial sector doesn't expect a quid pro quo from Hillary is a unicorn the size of a brontosaurus.

Lucinda

(31,170 posts)
46. Nope. They paid her, like they pay any speaker, to provide a perk for their
Fri Feb 26, 2016, 01:45 PM
Feb 2016

employees or investors at some gathering.

I will be happy if she does release the transcripts though. She shines in group settings.

The Velveteen Ocelot

(115,869 posts)
51. I've been to corporate meetings with hired speakers.
Fri Feb 26, 2016, 02:01 PM
Feb 2016

I am quite confident none of them was paid anything close to $250,000 per speech. The question is how much is that "perk" worth? Say I'm some big shot executive and my company has hired a former high-ranking cabinet official to give a one-hour speech. So I go to this event; there are probably some nice hors d'oeuvres and wine; the speech is moderately interesting; and I might even get to meet this once-important person. But how has this event actually benefited my company to the tune of $250,000? Maybe it's not a lot of money in Goldman Sachs' world, but you can bet their auditor is going to ask questions. The answer is, it doesn't, really. It's a nice little gathering for the big shots but that's it.

Except that this former cabinet officer is going to be running for President.

Do you seriously think anybody who is completely retired from public life can command fees like that? I haven't heard that Goldman Sachs has offered Colin Powell or Condi Rice those huge bucks to give speeches. Why? Because they aren't in a position to do anything for GS or the other banksters in the future. They're private citizens, apparently intending to stay that way. I assume they occasionally give speeches here and there and are probably fairly well compensated, but not like Hillary.

Sorry, but the whole business reeks.

Lucinda

(31,170 posts)
61. Anyone recently retired, yes. I'm sure the fees lessen as time goes on.
Fri Feb 26, 2016, 02:11 PM
Feb 2016

However, some people have a longer shelf life. Caitlyn Jenner, for example, supported her family for many many years as a speaker. There are many, many people registered with speakers bureaus making big bucks. Former athletes, politicians, motivational speakers. It's not out of the ordinary.

The only unusual thing about the amount of Hillary's payments, is that women as a rule don't make as much as men on the circuit, and she did. If you look at the list of where she spoke, it becomes clear that she was in demand from a wide variety of groups.

Some here list fees she received. Even the University of Buffalo paid 275k. It's not uncommon in those circles.
http://www.bloomberg.com/politics/articles/2015-04-12/the-very-valuable-words-of-hillary-clinton

Fairgo

(1,571 posts)
77. Im talking about the corporate class that trades in hidden communication and money with the Queen
Fri Feb 26, 2016, 05:31 PM
Feb 2016

Bifurcated democracy: Al serfs will be treated equally as serfs. Cheer for the aristocracy or not, you don't get to join them.

Lucinda

(31,170 posts)
63. He didnt pay that to Hillary. He gave it to a SuperPAC.
Fri Feb 26, 2016, 02:15 PM
Feb 2016

An they need to go, but it isn't money that she was paid.

 

Tierra_y_Libertad

(50,414 posts)
78. If they're investments in her won't pay off, why do they invest in her?
Fri Feb 26, 2016, 05:34 PM
Feb 2016

Are they doing because they want to be investigated? They want to be controlled? They want to go to jail?

Do tell.

SoapBox

(18,791 posts)
13. The longer she hides those transcripts...
Fri Feb 26, 2016, 12:21 PM
Feb 2016

The more it indicates that the speeches would piss off MILLIONS of voters.

Nixon tapes?

Response to bunnies (Original post)

azmom

(5,208 posts)
28. They have given her millions to
Fri Feb 26, 2016, 01:17 PM
Feb 2016

Push their agenda. Of course those speeches were all about kissing their asses.

 

MaggieD

(7,393 posts)
29. She's right
Fri Feb 26, 2016, 01:17 PM
Feb 2016

She's right that hateful rhetoric around Wall Street is not going to fix anything. I'm not sure if you are aware of this, but 55% of Americans own stock, much of it in retirement accounts. They can't afford rhetoric instead of solutions.

She's also right not to release transcripts. This is a perfect example of why. Because the smear mongers will do exactly this crap with it - take it out of context or turn it into some sort of smear like they typically do.

davidthegnome

(2,983 posts)
41. Wall Street has earned that hate.
Fri Feb 26, 2016, 01:36 PM
Feb 2016

If we study our history, we see several examples of how Wall Street has damned our economy, on several occasions. Whether it's the crash/es of decades past, or the more recent recession, we can see, again and again, how financial speculation, shady dealing, insider trading, corporate/financial influence over our elections and politicians... we can see how this has screwed up the system.

True, hateful rhetoric in itself will solve nothing. However... the Wall Street bailout? Was a golden example of just how much this Country and it's elected officials are owned/controlled by the power of money. Politics for profit has failed. We can see this if we look at our crumbling infrastructure, if we look at our deeply flawed healthcare system, our hugely bloated Military industrial complex, the level of inequality between, say, a CEO for a big corporation - and someone who spends twelve hours a day working for one. We are number 1... in wealth inequality. Our minimum wage is a joke, workers rights and benefits in this Country, are severely lacking.

No, the hateful rhetoric won't solve anything, but people have many very good reasons to hate wall street. Even the majority of the 55% that own stock, I suspect, have their own contempt for wall street. I have no issues with legalized gambling, I suppose, but let's not pretend it's something grand or noble.

As for the transcripts... Sanders is an open book here, he has no issues with revealing his history, things he has said and done, speeches he has given. Why can't Clinton do the same? Is it possible, perhaps, that we may see a revealing comment much like Romney's "Takers"?

I think it likely. Pointing out simple facts, or what candidates have actually said... that is not smearing. Things can be taken out of context, but only so far. Some comments, regardless of what context they are in, are quite revealing.

davidthegnome

(2,983 posts)
53. It's not a matter of hate on my part.
Fri Feb 26, 2016, 02:02 PM
Feb 2016

I know plenty of people who have money invested in the stock market. It would be ignorant of me to hate them for this. No, what I despise, is, rather, the income inequality between Wall Street and Main Street. What gets my blood boiling, is how many wealthy individuals and/or corporations stash their money in offshore accounts, or play the system in such a way that they end up paying 0 dollars in taxes... actually getting tax relief (there are examples of this, such as General Electric, throughout our recent history).

How is it that someone who works 80 hours a week, doing back-breaking manual labor... earns so much less than say, a member of congress? How is it that our educational system is so poorly funded, yet we can spend billions of dollars on failed military projects? Why is it that, in our society, profit seems to be the means AND the end? Healthcare for profit, Education for profit (specifically, universities - higher education), politics for profit, war for profit, weapons for profit. The list goes on and on.

What our system of economy and ultimately government amounts to, then, is legalized bribery, winks to cheating and stealing, elephants in every sector, comfortably swept under the carpet by the wealthy elite.

Do you want to live in a caste system? Profit for it's own sake... it's not just immoral, it is ultimately a meaningless, self-defeating concept that will lead us further into ruin, rather than progress. For example, the massive subsidies received by the fossil fuel industries, the enormous tax relief being gained by companies that already are making record profits. These same companies fund political campaigns. These same companies and their elite members (executive officers, board members, etc.) frequently somehow make it into Presidential cabinets. Investment bankers, lobbyists, etc. Again, this money isn't free, there is most certainly a quid pro quo (subsidies, bailouts, etc.). Is it rational, reasonable... even remotely wise to continue to subsidize the industries which are in part responsible for the effects of, say, climate change? Or, in regards to fracking, poisoning our water? Earth quakes? When do we say... enough is enough? Past time I think, to support policies and/or candidates that promote, even demand progressive change. It's not just a matter of corrupt financial influence... it's the vicious power of such that is destroying our economy, causing untold suffering among our people and the people of the world... and leading us in a direction that could very well end in the extinction of our race.

No, hating isn't going to solve anything. However, only be recognizing and admitting the damning truth can we begin to do something about our broken system. Legalized gambling (the stock market) is one thing, legalized bribery though? That's something else, something we should be wary of...

NWCorona

(8,541 posts)
69. Huh? Romney tried to pivot to the people the best he could
Fri Feb 26, 2016, 02:28 PM
Feb 2016

And that one qoute laid bare his true feelings. Even though we knew it already.

Whether you like it or not. The similarities are there.

 

MaggieD

(7,393 posts)
70. Your logic is lacking, IMO
Fri Feb 26, 2016, 02:43 PM
Feb 2016

The Bernie supporter strategy seems to be "if something isn't work just do more of it." Whatever.

Bottom line is that Bernie is not going to win the nomination. All that is really left is to watch the meltdown.

NWCorona

(8,541 posts)
71. You can resort to personal attacks all you want but we know what that means
Fri Feb 26, 2016, 02:56 PM
Feb 2016

Hillary is a Wall St Democratic trying come off as a progressive and those transcripts will prove it.

Sorry.

Dark n Stormy Knight

(9,771 posts)
79. You're right. I mean, she ought to just say nothing in public.
Fri Feb 26, 2016, 05:38 PM
Feb 2016

Otherwise, "smear-mongers" might twist her words. In fact, none of the candidates ought to speak in public. Really, their ideas are none of our business!



And though rhetoric in and of itself may not fix anything, it can lead to action. Looking at Wall Street and seeing little that needs fixing is certainly not going to lead to any changes.

jwirr

(39,215 posts)
39. She is either very deceitful or very blind or both. Hillary just
Fri Feb 26, 2016, 01:32 PM
Feb 2016

because you got richer does not mean the economy is doing just fine. It is no longer the 90s and what is happening in our nation today has little to do with the rich and everything to do with why so many of us are poorer. Why the economy is not working for us.

Populist_Prole

(5,364 posts)
57. Bingo
Fri Feb 26, 2016, 02:06 PM
Feb 2016

She's stuck in the 90s when neoliberalism sounded good on paper and the full corrosive effects on the working class did not fully evolve yet, and the focus-group technocratic machine still reigned supreme.

Behind it all is an "I got this" condescention, or more acurrately, a de-facto "Who ELSE you gonna' vote for you lumpen rubes....republicans?....Ha ha ha ha".

Too bad for her she's unaware of predator in the tall grass.

 

Jitter65

(3,089 posts)
64. Yes, the "rhetoric" is foolish unless you have some solutions to fix the problem. And you can't fix
Fri Feb 26, 2016, 02:16 PM
Feb 2016

the problem by alienating the people you think caused the problem.

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