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 Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search
 

Cheese Sandwich

(9,086 posts)
Thu Jul 30, 2015, 02:26 PM Jul 2015

Two Big Reasons Hillary Clinton Isn’t Taking Elizabeth Warren’s Revolving-Door Dare

Sen. Elizabeth Warren publicly challenged presidential candidates two weeks ago to support a bill intended to limit the revolving door between Washington and Wall Street.

The Financial Services Conflict of Interest Act would prohibit government officials from accepting “golden parachutes” from their former employers for entering public service.

Within days, Democratic candidate Martin O’Malley endorsed the legislation, and Sen. Bernie Sanders became a co-sponsor. But presumed Democratic front-runner Hillary Clinton has not said where she stands.

One possible explanation for Clinton’s lack of interest in banning golden parachutes is that she tolerated them when she ran the State Department — for two of her top aides. Robert Hormats and Thomas Nides previously worked as executives for financial firms Goldman Sachs and Morgan Stanley, respectively. Both received benefits tied to their Wall Street employment contracts for entering public service.
...
More:
https://firstlook.org/theintercept/2015/07/30/two-big-reasons-hillary-clinton-isnt-taking-elizabeth-warrens-revolving-door-dare/
20 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Two Big Reasons Hillary Clinton Isn’t Taking Elizabeth Warren’s Revolving-Door Dare (Original Post) Cheese Sandwich Jul 2015 OP
Within days, Democratic candidate Martin O’Malley endorsed the legislation. elleng Jul 2015 #1
Jeez, the news media is an absolute joke... JaneyVee Jul 2015 #2
Good that she said that in 2007. thesquanderer Jul 2015 #8
Wait a minute, when I brought up her 2008 campaign I was told it was ancient history. beam me up scottie Jul 2015 #17
Odd how this hasn't been more widely reported azurnoir Jul 2015 #3
It used to be called BRIBERY! n/t RoccoR5955 Jul 2015 #6
HRC would never do anything to upset her $pon$or$. hobbit709 Jul 2015 #4
Will I ever vote for her? Guess! L0oniX Jul 2015 #5
Cool your jets, folks! HRC will be happy to tell us where she stands on this... RufusTFirefly Jul 2015 #7
^^this^^ passiveporcupine Jul 2015 #9
She should just go rogue and tell us now. n/t udbcrzy2 Jul 2015 #10
Or after she has the results from some focus groups. Spitfire of ATJ Jul 2015 #11
Exactly. I'm reminded of a line from "The Sure Thing" RufusTFirefly Jul 2015 #12
...but only if revolving doors are still a problem by the time she's elected. DisgustipatedinCA Jul 2015 #14
Right. Besides, whatever she said now might make the President look bad RufusTFirefly Jul 2015 #15
as trust becomes an increasingly hopemountain Jul 2015 #13
HUGE K & R !!! - Thank You !!! WillyT Jul 2015 #16
"Front-runner Hillary Clinton has not said where she stands" should be our theme song. Scuba Jul 2015 #18
"Hillary Clinton won't tell us where she stands regarding the matter of _____________________". GoneFishin Jul 2015 #19
LOL! Cheese Sandwich Jul 2015 #20
 

JaneyVee

(19,877 posts)
2. Jeez, the news media is an absolute joke...
Thu Jul 30, 2015, 03:38 PM
Jul 2015

Enough with corporate welfare; enough with golden parachutes

"Let’s finally do something about the growing economic inequality that is tearing our country apart. The top 1% of our households hold 22% of our nation’s wealth. That is the highest concentration of wealth in a very small number of people since 1929. So let’s close that gap. Let’s start holding corporate America responsible, make them pay their fair share again. Enough with the corporate welfare. Enough with the golden parachutes. And enough with the tax incentives for companies to shift jobs overseas"-Hillary Clinton. June 2007

Close lobbyists’ revolving door; end no-bid contracts

"I believe that the foundation of a strong economy doesn’t begin with giving people who are already privileged and wealthy even more benefits. I think it comes from shared prosperity.

Let’s start by cleaning up the government, replacing this culture of corruption and cronyism with a culture of competence and caring again. Let’s stop outsourcing critical government functions to private companies that overcharge and underperform! Let’s close the revolving door between government and the lobbying shop, and let’s end the no-bid contracts for Halliburton and the other well-connected companies!

And how about the radical idea of appointing people who are actually qualified for the positions that we ask them to hold for us! Well, when I’m president, the entrance to the White House will no longer be a revolving door for the well connected, but a door of opportunity for the well qualified"-Hillary Clinton. June 2007.

thesquanderer

(11,990 posts)
8. Good that she said that in 2007.
Thu Jul 30, 2015, 05:00 PM
Jul 2015

But now that there's an actual bill under consideration, she should say it again, rather than count on people to remember what seh said 8 years ago when no such plan was even being debated. Not to mention that some of her positions have changed over time, and 8 years is a long time.

beam me up scottie

(57,349 posts)
17. Wait a minute, when I brought up her 2008 campaign I was told it was ancient history.
Thu Jul 30, 2015, 08:50 PM
Jul 2015

That she has "evolved" and not to blame her for what happened when she was first lady or in the Senate.

Can you please give us a guide to which positions we're supposed to take on faith and which ones are to be excused as honest mistakes?

Tia.

RufusTFirefly

(8,812 posts)
15. Right. Besides, whatever she said now might make the President look bad
Thu Jul 30, 2015, 08:30 PM
Jul 2015

It's out of consideration and respect that she's unable to answer.

hopemountain

(3,919 posts)
13. as trust becomes an increasingly
Thu Jul 30, 2015, 05:57 PM
Jul 2015

huge issue for hillary - she must be bold and state truthfully (all of the truth). we are not idiots. as democrates, we deserve the respect of truthful answers. i will vote for her if she wins the primary honestly. further, her failure to develop trust amongst all voters puts the country at risk of electing an honest to gawd scary clown.

it's the 2000's, hillary - feigning innocense and kicking the can down the road is no longer acceptable. it is insulting and not an honest way to win anything but notoriety. free yourself from the act of deception.

Latest Discussions»Retired Forums»2016 Postmortem»Two Big Reasons Hillary C...