Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
2016 Postmortem
Related: About this forumDecoding Hillary: The Truth Vs. What She Claims About Her Wall St. Record
http://www.alternet.org/election-2016/what-hillary-really-saying-about-wall-st-when-she-tries-talk-tough-about-reforming-itEven when she tries to act tough on banks, Clinton can't hide her Wall Street ties.
"I went to Wall Street when I was a United States senator. I told them they were wrecking the economy. I asked for a moratorium on foreclosures. I asked that we do more to try to prevent what I worried was going to happen. I also called for closing loopholes including the carried interest loophole. I also called for changes in CEO pay. I have a record."
This was one of the most truthful and revealing responses Hillary has made during the entire campaign. It came during the Flint debate when asked when she would release her Wall Street speech transcripts. (Full debate transcript here.)
What is she really saying? As a senator from New York I have a personal relationship with these guys. I can talk sense to them. They will listen to me.
To Hillary this is playing a strong hand. To everyone else it shows weakness and a startling naïveté about power.
For starters, they obviously blew her off. She got nothing. We got nothing.
"I asked for a moratorium." They didn't do it.
"I asked that we do more to try to prevent what I worried was going to happen." It happened.
"I also called for closing loopholes including the carried interest loopholes. None were closed even when the Democrats
controlled both houses and the presidency.
"I also called for changes in CEO pay." Didn't happen.
Hillary is admitting that neither Wall Street nor her colleagues in the Senate listened to her. In short, she was incredibly ineffectual when it came to reining in Wall Street. And this comes from someone who claims she can get things done in the real world.
"I have a record."
Hillary believes her ineffectual votes and failed meetings add up to a record. They do. But not the one she would like us to see.
(snip)
What is she really saying? As a senator from New York I have a personal relationship with these guys. I can talk sense to them. They will listen to me.
Remember when Bush said the price of Oil wouldn't be a problem because he knew the Saudis and could "Jawbone with them" ?
InfoView thread info, including edit history
TrashPut this thread in your Trash Can (My DU » Trash Can)
BookmarkAdd this thread to your Bookmarks (My DU » Bookmarks)
8 replies, 940 views
ShareGet links to this post and/or share on social media
AlertAlert this post for a rule violation
PowersThere are no powers you can use on this post
EditCannot edit other people's posts
ReplyReply to this post
EditCannot edit other people's posts
Rec (22)
ReplyReply to this post
8 replies
= new reply since forum marked as read
Highlight:
NoneDon't highlight anything
5 newestHighlight 5 most recent replies
Decoding Hillary: The Truth Vs. What She Claims About Her Wall St. Record (Original Post)
Ferd Berfel
Mar 2016
OP
FINALLY! Someone speaks the truth about Hilary's claimed 'record' with Wall Street.
Kip Humphrey
Mar 2016
#3
Just because she takes money from GIANT CORPORATIONS that are fucking up the world
ghostsinthemachine
Mar 2016
#5
senz
(11,945 posts)1. Oh what a tangled web we weave ....
Great OP. Thanks, Ferd!
Marr
(20,317 posts)2. But they sure did give her piles of money for stopping by.
Odd that. It's almost as if they consider her an ally.
Kip Humphrey
(4,753 posts)3. FINALLY! Someone speaks the truth about Hilary's claimed 'record' with Wall Street.
Hilary = Ineffectual.
Tierra_y_Libertad
(50,414 posts)4. Damned baggage car is leaking again.
Ferd Berfel
(3,687 posts)6. LOL
ghostsinthemachine
(3,569 posts)5. Just because she takes money from GIANT CORPORATIONS that are fucking up the world
Doesn't mean she won't be doing the work of the people. (eye roll thingie)
arikara
(5,562 posts)7. Don't forget she also told them to "cut it out!"
They didn't do that either.
tk2kewl
(18,133 posts)8. k&r