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RandySF

(58,728 posts)
Wed Dec 11, 2013, 11:17 PM Dec 2013

Hillary comforts the crying bankers.

Ordinarily these masters of the universe might have groaned at the idea of a politician taking the microphone. In the contentious years since the crash of 2008, they’ve grown wearily accustomed to being called names—labeled “fat cats" by President Obama and worse by those on the left—and gotten used to being largely shunned by Tea Party Republicans for their association with the Washington establishment. And of course there are all those infuriating new rules and regulations, culminating this week with the imposition of the so-called Volcker Rule to make risky trades by big banks illegal.

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. 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. And indeed Goldman’s Jim O’Neill, the laconic Brit who heads the bank’s asset management division, introduced Clinton by saying how courageous she was for speaking at the bank. (Brave, perhaps, but also well-compensated: Clinton’s minimum fee for paid remarks is $200,000).

Certainly, Clinton offered the money men—and, yes, they are mostly men—at Goldman’s HQ a bit of a morale boost. “It was like, ‘Here’s someone who doesn’t want to vilify us but wants to get business back in the game,’” said at an attendee. “Like, maybe here’s someone who can lead us out of the wilderness.”

Clinton’s remarks were hardly a sweeping absolution for the sins of Wall Street, whose leaders she courted assiduously for financial support over a decade, as a senator and a presidential candidate in 2008. But they did register as a repudiation of some of the angry anti-Wall Street rhetoric emanating from liberals rallying behind the likes of Sens. Elizabeth Warren (D-Mass.) and Sherrod Brown (D-Ohio). And perhaps even more than that, Clinton’s presence offered a glimpse to a future in which Wall Street might repair its frayed political relationships.


http://www.politico.com/magazine/story/2013/12/wall-street-white-house-republicans-lament-of-the-plutocrats-101047.html#ixzz2nE8CPfhJ

77 replies = new reply since forum marked as read
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Hillary comforts the crying bankers. (Original Post) RandySF Dec 2013 OP
Lobbyists represent real people, dammit! MannyGoldstein Dec 2013 #1
OOPS I think we will be seeing more of this soon warrant46 Dec 2013 #57
I'm so thrilled to see her compassion for this despised and misunderstood minority. (nt) Jackpine Radical Dec 2013 #76
Brown/Warren 2016. nt Deep13 Dec 2013 #2
I could support that ticket! NYC_SKP Dec 2013 #4
I'm down with that ticket. NuclearDem Dec 2013 #10
Yep. Changing over legislative leadership is needed pretty badly as well TheKentuckian Dec 2013 #12
Electing Sen Warren as vp would be such a waste. Either president or Senator. nm rhett o rick Dec 2013 #18
Actually, yeah, I agree. nt Deep13 Dec 2013 #26
All they do is win and whine BeyondGeography Dec 2013 #3
I am trying not to think about 2016 yet. Brigid Dec 2013 #5
I will not vote for Hillary. Sanders yes. 3rd party if it comes down to it. Katashi_itto Dec 2013 #47
Go Third way! Phlem Dec 2013 #6
And she's off and running! polichick Dec 2013 #7
The Oligarchs And Corporations Own And Control The Politicians That Own And Control Us cantbeserious Dec 2013 #8
you don`t need a weatherman..... madrchsod Dec 2013 #9
...and it ain't with any of us. n/t Chan790 Dec 2013 #50
"We all got into this mess together," dchill Dec 2013 #11
Voting for that mentality is "Chickens for Colonel Sanders" territory on the best day. TheKentuckian Dec 2013 #14
"Together"? What a load. NuclearDem Dec 2013 #15
yeh, I don't get this together thing either. Whisp Dec 2013 #23
Uh-huh. A big load. QuestForSense Dec 2013 #25
Yeah, what's this "we" crap, Ms. I-Get-200-Grand-Per-Speech? nt Buns_of_Fire Dec 2013 #35
I'm wondering what's with this "we" bullshit myself. HappyMe Dec 2013 #38
That's just what she hopes the rest of us to buy into. She's bull$hitting us and letting those SammyWinstonJack Dec 2013 #44
completely insulting in every way G_j Dec 2013 #54
seriously, I'm partially to blame. I bought a home I could afford magical thyme Dec 2013 #64
surprise surprise surprise! irisblue Dec 2013 #13
Hillary Clinton/Max Baucus 2016 Cali_Democrat Dec 2013 #16
How ironic that Citizens United may help Clinton win the nomination. A Clinton vs. Christie ticket rhett o rick Dec 2013 #17
$200,000 upi402 Dec 2013 #19
I'm Not Sure This was Winning Play For 2016 colsohlibgal Dec 2013 #20
The problem is, which populist nominee would be able to raise a billion (or more...) Amonester Dec 2013 #29
I think Howard Dean proved that you can crowdsource/crowdfund a semi-populist campaign foo_bar Dec 2013 #32
That's one of the first reasons why a Public Campaign Funding Act is badly needed Amonester Dec 2013 #36
Hillary a clue? Good one! I am pissed beyond belief with her Wall Street love affair. Vote for her? Never! InAbLuEsTaTe Dec 2013 #33
WOW! 'Clinton’s minimum fee for paid remarks is $200,000.' n/t freshwest Dec 2013 #21
(See my #29 reply just above.) Amonester Dec 2013 #30
Makes sense. And ot as much as Romney charged for dinners. freshwest Dec 2013 #31
Yes, and Hillary's fee can run upward of a cool half million. No favors expected of course. Surely, we can do better. InAbLuEsTaTe Dec 2013 #34
but she logged in so many air miles while SoS! Whisp Dec 2013 #72
That's a lot of Lettuce !! warrant46 Dec 2013 #45
Nominating her is national suicide LittleBlue Dec 2013 #22
This is why I don't like Hillary Clinton. JDPriestly Dec 2013 #24
yep /\/\/\ dembotoz Dec 2013 #42
Hillary SamKnause Dec 2013 #27
Well, to be fair. She probably isn't incuding US, the little people, in that statement. sabrina 1 Dec 2013 #66
Reply SamKnause Dec 2013 #69
Nominate Hillary, say hello to President Christie. Sounds like a win-win strategy to Egalitarian Thug Dec 2013 #28
"Back in the game" n2doc Dec 2013 #37
This is why Hillary Clinton should not ever be POTUS. 99Forever Dec 2013 #39
‘Here’s someone who doesn’t want to vilify us but wants to get business back in the game’ deutsey Dec 2013 #40
I didn't really need a reminder .. sendero Dec 2013 #41
$200,000 worth of a$$ ki$$ing for all involved. SammyWinstonJack Dec 2013 #43
Ms. Clinton, please meet Iceland solarhydrocan Dec 2013 #46
I will not vote for a 3rd Rail Democrat Katashi_itto Dec 2013 #48
Is this the daily or weekly thread of "let's bash Hillary until 2016"? Beacool Dec 2013 #49
It's a factual report. Le Taz Hot Dec 2013 #51
I think that this continual wringing of the hands is unnecessary drama. Beacool Dec 2013 #53
Yup. HappyMe Dec 2013 #55
Of course there will be criticism, but this constant almost daily bashing is just ridiculous. Beacool Dec 2013 #58
Facts aren't bashing. HappyMe Dec 2013 #59
And maybe some of you should hold back your vitriol. Beacool Dec 2013 #61
Yeah, you're pom-poms are about how HappyMe Dec 2013 #62
I wasn't one of those "cheerefully campaigning for Obama in 2008" Le Taz Hot Dec 2013 #56
Emotional reactions is what I see on many of these type of posts. Beacool Dec 2013 #60
What's her "vision" - to give what's left of this country to her corporate friends? polichick Dec 2013 #70
a "rookie"? DonCoquixote Dec 2013 #75
I still cheer loudly for the President Whisp Dec 2013 #71
Rats! Someone already snagged this Capt. Obvious Dec 2013 #52
Better than Hillary is 44 - which is filled with a bunch of racist PUMA assholes. Drunken Irishman Dec 2013 #67
there is this PUMA asshole. Definitive. Whisp Dec 2013 #73
If Hillary didn't pull stunts like this, there wouldn't be articles written about her. Major Hogwash Dec 2013 #63
Finally letting us know what her platform will look like... WhaTHellsgoingonhere Dec 2013 #65
She's sure right about one thing... polichick Dec 2013 #68
$ Wilms Dec 2013 #74
NEXT !!! WillyT Dec 2013 #77

TheKentuckian

(25,023 posts)
12. Yep. Changing over legislative leadership is needed pretty badly as well
Thu Dec 12, 2013, 12:41 AM
Dec 2013

Of course we can only push that by some serious weeding of the membership and pressure to do so.

Brigid

(17,621 posts)
5. I am trying not to think about 2016 yet.
Wed Dec 11, 2013, 11:31 PM
Dec 2013

But I don't know what I'm going to do if she is the Dem nominee.

cantbeserious

(13,039 posts)
8. The Oligarchs And Corporations Own And Control The Politicians That Own And Control Us
Wed Dec 11, 2013, 11:40 PM
Dec 2013

Clinton is no exception to this rule.

 

NuclearDem

(16,184 posts)
15. "Together"? What a load.
Thu Dec 12, 2013, 12:50 AM
Dec 2013

The only role the rest of us played was when we saved their greedy hinds.

 

Whisp

(24,096 posts)
23. yeh, I don't get this together thing either.
Thu Dec 12, 2013, 02:14 AM
Dec 2013

She is blaming the people that lost their homes and jobs equally to the Wall Street scum.

fuck that.

HappyMe

(20,277 posts)
38. I'm wondering what's with this "we" bullshit myself.
Thu Dec 12, 2013, 08:33 AM
Dec 2013

This pretty much cements the fact that she will not have my vote in the primary.

SammyWinstonJack

(44,130 posts)
44. That's just what she hopes the rest of us to buy into. She's bull$hitting us and letting those
Thu Dec 12, 2013, 10:47 AM
Dec 2013

responsible, off the hook, AGAIN!

 

magical thyme

(14,881 posts)
64. seriously, I'm partially to blame. I bought a home I could afford
Thu Dec 12, 2013, 01:20 PM
Dec 2013

and downsized my life to match my new income / lack of income. Bad me for not running up huge debts so banks could steal my home.

Obviously, the thing to do now is cut social security just as I'm heading toward retirement, so that I won't be able to live this downsized lifestyle, so I can be thrown into the street and forced to beg for scraps until I have the decency to die.

Fuck the banks, and nothing good to say about Hillary for kissing their gold-plated butts.

 

Cali_Democrat

(30,439 posts)
16. Hillary Clinton/Max Baucus 2016
Thu Dec 12, 2013, 01:00 AM
Dec 2013

Can you feel the excitement people?



In all seriousness, if Hillary keeps this up she won't get my vote in the primaries. She probably will keep this up so she's pretty much lost me.

 

rhett o rick

(55,981 posts)
17. How ironic that Citizens United may help Clinton win the nomination. A Clinton vs. Christie ticket
Thu Dec 12, 2013, 01:14 AM
Dec 2013

will be a win-win for Wall Street. I doubt that Clinton will even pretend to seek support from the left.

She will have a fight on her hands to defeat Christie.

upi402

(16,854 posts)
19. $200,000
Thu Dec 12, 2013, 01:23 AM
Dec 2013

There's another thread about making prostituion illegal and going after the Johns.

Well.. THAT IS what we want here!

lol

colsohlibgal

(5,275 posts)
20. I'm Not Sure This was Winning Play For 2016
Thu Dec 12, 2013, 01:40 AM
Dec 2013

Everyone saw her as a shoo in in 2008 and she was not. Sadly the guy who beat her has never really backed up what he said to win the day back then. We are stuck in neo liberal Hell. Neo liberal as in not really being so much liberal on non social issues.

What she said almost made me hurl. Those poor banksters, beat up and down to their last 500 million or whatever. I'm sure the tons of people homeless or working three crummy jobs not to be homeless feel your pain.

We need a populist nominee, not another republican lite democrat kissing Wall Street's behind.

I wonder if Hillary has any clue as to how much her sucking up to the banksters has angered those of us in the democratic wing of the democratic party.

Amonester

(11,541 posts)
29. The problem is, which populist nominee would be able to raise a billion (or more...)
Thu Dec 12, 2013, 04:01 AM
Dec 2013

for running against the machine-picked adveRsaRy, and having enough wide-spreading (advertizing) messages to win?

foo_bar

(4,193 posts)
32. I think Howard Dean proved that you can crowdsource/crowdfund a semi-populist campaign
Thu Dec 12, 2013, 04:40 AM
Dec 2013

"The machine" is a a well-fed dinosaur, but it seems like an inefficient system when you have to bribe people to give a shit about the people who bribed you.

Amonester

(11,541 posts)
36. That's one of the first reasons why a Public Campaign Funding Act is badly needed
Thu Dec 12, 2013, 07:40 AM
Dec 2013

It should be the first item on the top of any priority list.

Sadly, I don't see such a similar list floating up anywhere around any legislative house. Because as long as such a law is not passed and signed, we can dream about it until self-anihilation begins to manifest itself (already started)... Nothing will change without a TRUE one like that first.

Where to start?


InAbLuEsTaTe

(24,122 posts)
33. Hillary a clue? Good one! I am pissed beyond belief with her Wall Street love affair. Vote for her? Never!
Thu Dec 12, 2013, 07:15 AM
Dec 2013

Amonester

(11,541 posts)
30. (See my #29 reply just above.)
Thu Dec 12, 2013, 04:03 AM
Dec 2013

I personally don't think she's going to 'keep it all for herself' but it's my take on it.

InAbLuEsTaTe

(24,122 posts)
34. Yes, and Hillary's fee can run upward of a cool half million. No favors expected of course. Surely, we can do better.
Thu Dec 12, 2013, 07:17 AM
Dec 2013
 

LittleBlue

(10,362 posts)
22. Nominating her is national suicide
Thu Dec 12, 2013, 01:57 AM
Dec 2013

I'd rather just formally sign away the country to corporations and make it official. She's a mega corporatist, the Rethugs will nominate their mega corporatist, and we have zero choice but to give even more of the country to corporations.


No way. Nominating Hillary will be my last straw.

JDPriestly

(57,936 posts)
24. This is why I don't like Hillary Clinton.
Thu Dec 12, 2013, 02:19 AM
Dec 2013

She is merely the mouthpiece of Wall Street. We do not need her in the White House.

SamKnause

(13,091 posts)
27. Hillary
Thu Dec 12, 2013, 03:49 AM
Dec 2013

What a pair she has to say; that we all got into this mess together.

She sickens me.

I am so sick of these rich thieves denying their thieving and traitorous ways.

Insider trading and taking bribes from lobbyists certainly has been beneficial for all of them.

The government of the United States of Corporations is a corrupt hideous joke !!!!

Corporations will NEVER be people !!!!

They can pass all the laws they want, corporations are NOT people !!!!

sabrina 1

(62,325 posts)
66. Well, to be fair. She probably isn't incuding US, the little people, in that statement.
Thu Dec 12, 2013, 01:36 PM
Dec 2013

That's a difference 'we'. The 'we' that doesn't count.

She belongs to that tiny segment of the population made up of only the wealthy where it doesn't matter whether or not they are Dems, Repubs or even Foreign. They may have small disagreements among themselves but in the end ALL of them work to make themselves richer and more powerful. The 'D's throw a few crumbs to the little people on the Left but not too much as the real contest in the Presidential election is for the job of CEO for Corporate America who they are hoping to impress and which has little to do with the rest of us.

Good luck to her getting support from too many actual Dems when she makes it so clear who she will be working for.

 

Egalitarian Thug

(12,448 posts)
28. Nominate Hillary, say hello to President Christie. Sounds like a win-win strategy to
Thu Dec 12, 2013, 03:53 AM
Dec 2013

any stockholder or slave owner.

n2doc

(47,953 posts)
37. "Back in the game"
Thu Dec 12, 2013, 08:19 AM
Dec 2013

code phrase for "Steal more money from the Government". Always a new scam to keep those bonuses coming!

99Forever

(14,524 posts)
39. This is why Hillary Clinton should not ever be POTUS.
Thu Dec 12, 2013, 08:57 AM
Dec 2013

Neither her nor any other Turd Way DINO will ever receive my support or vote. Ever.

deutsey

(20,166 posts)
40. ‘Here’s someone who doesn’t want to vilify us but wants to get business back in the game’
Thu Dec 12, 2013, 09:28 AM
Dec 2013

It's not enough that they own the game and have it rigged in their favor regardless of the outcome...they want the rest of us to smile nicely at them as they fuck us over.

sendero

(28,552 posts)
41. I didn't really need a reminder ..
Thu Dec 12, 2013, 09:42 AM
Dec 2013

..... to know that HRC will make a horrible president, no better than a Republican really.

God help us if she is the nominee, we don't need anyone to finish the job Bill started, look how well it all turned out.

solarhydrocan

(551 posts)
46. Ms. Clinton, please meet Iceland
Thu Dec 12, 2013, 10:54 AM
Dec 2013

Can't pay $200 k but great seafood

Iceland Has Hired An Ex-Cop To Hunt Down The Bankers That Wrecked Its Economy
7/2012

Hauksson oversees a posse of 100 researchers to help track down outlaws. He's netted some major convictions since starting in 2009, including the former chief of staff of the country's finance minister on insider trading charges. Many others await their day in court, Chabas writes.

And he will track you down even if you've fled abroad.
http://www.businessinsider.com/iceland-has-hired-an-ex-cop-bounty-hunter-to-go-after-the-bankers-that-wrecked-its-economy-2012-7



Cenk: Iceland Arresting Bankers WORKS! Economy Growing Faster Than EU Now.
9/2012

Imagine that in 2008, instead of bailing out bankers who made criminally risky investments with investors' and depositors' money, we arrested them, bailed out the victims, and let better bankers take over. That is what Iceland did, meeting with a remarkably hushed silence in the American media.

You mean you can arrest a banker? Make them feel steel around their wrists just like anyone else? As Sarah Palin would say, you betcha.
http://www.dailykos.com/story/2012/09/21/1134915/-Cenk-Iceland-Arresting-Bankers-WORKS-Economy-Growing-Faster-Than-EU-Now



Le Taz Hot

(22,271 posts)
51. It's a factual report.
Thu Dec 12, 2013, 11:24 AM
Dec 2013

Anything in the article you'd like to address? Anything you'd like to refute?

We can't all be blind partisan cheerleaders for the representatives of the predator class -- some of us have functioning brains. Yawn, indeed.

Beacool

(30,247 posts)
53. I think that this continual wringing of the hands is unnecessary drama.
Thu Dec 12, 2013, 11:29 AM
Dec 2013

Most of you who scream the loudest were cheerfully campaigning for Obama in 2008. He was going to be such a change from the evil centrist Hillary. A lot of blah, blah. Now you're focusing on Warren as the savior. Realistically speaking, even if she managed to get into the WH, how much could she really do? Congress is divided and the Republicans may even win more seats next year. Then what?

HappyMe

(20,277 posts)
55. Yup.
Thu Dec 12, 2013, 11:36 AM
Dec 2013

And how much will your liege Clinton get done with a divided Congress and more Republican seats if she manages to get into the WH? Then what?
If you think that there will be NO criticism of your darling Clinton before and after 2016, think again.




Go back to sleep.

on edit -- wrong damn thread

Beacool

(30,247 posts)
58. Of course there will be criticism, but this constant almost daily bashing is just ridiculous.
Thu Dec 12, 2013, 12:35 PM
Dec 2013

Hold your powder until she actually announces that she's running. As of now, no one knows if she will run for president.

HappyMe

(20,277 posts)
59. Facts aren't bashing.
Thu Dec 12, 2013, 12:40 PM
Dec 2013

There is nothing false about the OP article.

In every thread you take ANY criticism as bashing. "Hold your powder"? Maybe you should put down your pom-poms.

Beacool

(30,247 posts)
61. And maybe some of you should hold back your vitriol.
Thu Dec 12, 2013, 12:48 PM
Dec 2013

This is just one of many threads. And no, they are all not about "facts", but about how some people feel about her.

HappyMe

(20,277 posts)
62. Yeah, you're pom-poms are about how
Thu Dec 12, 2013, 12:54 PM
Dec 2013

you "feel" about her too.

You haven't presented any factual rebuttal to the OP.

Pot...kettle.

Le Taz Hot

(22,271 posts)
56. I wasn't one of those "cheerefully campaigning for Obama in 2008"
Thu Dec 12, 2013, 11:48 AM
Dec 2013

or 2012 for that matter. Also, no one is "focusing on Warren as the savior." Your use of "scream the loudest" and "Warren as savior" characterizations are emotional reactions and not based on logic or reality.

Warren represents what Democrats are SUPPOSED to represent -- a voice in government for the poor, the working class and the middle class. She's giving voice to MILLIONS of us out here who are ready to put boots on the ground for someone representing US. Will she run in 2016? Probably not. But her words and OVERWHELMING support out here in the hinterlands SHOULD be telling the Democratic Party Establishment something. Whether or not they'll listen is another question. I'm sure they won't as they think the status quo is just fine. Unfortunately, they and the entire nation will suffer for it in 2016.

Beacool

(30,247 posts)
60. Emotional reactions is what I see on many of these type of posts.
Thu Dec 12, 2013, 12:45 PM
Dec 2013

I happen to like Warren. I just don't think that she should run for president in 3 years. She's an economist who rarely veers outside her area of expertise. She's found her niche in the Senate and she's becoming a worthy successor to Ted Kennedy. There's a need for people like her in that chamber. There is a lot to running the country that goes beyond railing against Wall Street and I think that other people are far more prepared to do so than Warren. She's never even been in elected office until 10 months ago.

I have no clue whether Hillary will choose to run. If she does, then I'm 110% in her camp. If she doesn't, I will support another candidate with vision and experience. I won't support a rookie.

DonCoquixote

(13,616 posts)
75. a "rookie"?
Thu Dec 12, 2013, 10:37 PM
Dec 2013

But of course, only someone mired in Washington'smorass can clean it, right? There may be a lot more to running things than ralign on Wall street, but whoever does get the presidency will need to FIGHT wall Street, and speeches like this show that she will not. These bankers are the same folks that want to kill social security, and being nice to them will not help preserve the legacy of FDR.

 

Whisp

(24,096 posts)
71. I still cheer loudly for the President
Thu Dec 12, 2013, 02:34 PM
Dec 2013

because I don't believe for a second this 'Hillary and Obama are the same' crap.

Hillary is the summary of the history of bad politics for the people. Money drives her and her husband, money and power and lies to make you believe they are oh so caring but meanwhile they are just stuffing that cash in their pockets.

Just say to me once more how much she 'cares' about people and I'll put up a laughing sound track.

 

Drunken Irishman

(34,857 posts)
67. Better than Hillary is 44 - which is filled with a bunch of racist PUMA assholes.
Thu Dec 12, 2013, 01:37 PM
Dec 2013

That site alone is one reason part of me would love to see Hillary spectacularly fail. It's not a fair feeling, but it's one I have. So much hate from a group of morons who couldn't accept Obama beat their gal and decided to go support McCain and Palin instead.

Major Hogwash

(17,656 posts)
63. If Hillary didn't pull stunts like this, there wouldn't be articles written about her.
Thu Dec 12, 2013, 01:02 PM
Dec 2013

Whining about it now isn't going to help.

 

WhaTHellsgoingonhere

(5,252 posts)
65. Finally letting us know what her platform will look like...
Thu Dec 12, 2013, 01:36 PM
Dec 2013

Last edited Thu Dec 12, 2013, 02:40 PM - Edit history (1)

"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. And indeed Goldman’s Jim O’Neill, the laconic Brit who heads the bank’s asset management division, introduced Clinton by saying how courageous she was for speaking at the bank. (Brave, perhaps, but also well-compensated: Clinton’s minimum fee for paid remarks is $200,000)."

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