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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsHillary 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, theyve grown wearily accustomed to being called nameslabeled fat cats" by President Obama and worse by those on the leftand 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 were 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 isnt going to improve the economyit needs to stop. And indeed Goldmans Jim ONeill, the laconic Brit who heads the banks asset management division, introduced Clinton by saying how courageous she was for speaking at the bank. (Brave, perhaps, but also well-compensated: Clintons minimum fee for paid remarks is $200,000).
Certainly, Clinton offered the money menand, yes, they are mostly menat Goldmans HQ a bit of a morale boost. It was like, Heres someone who doesnt want to vilify us but wants to get business back in the game, said at an attendee. Like, maybe heres someone who can lead us out of the wilderness.
Clintons 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, Clintons 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
MannyGoldstein
(34,589 posts)warrant46
(2,205 posts)Jackpine Radical
(45,274 posts)Deep13
(39,154 posts)NYC_SKP
(68,644 posts)I've voted for the man many many times!
NuclearDem
(16,184 posts)Two economic populists!
TheKentuckian
(25,023 posts)Of course we can only push that by some serious weeding of the membership and pressure to do so.
rhett o rick
(55,981 posts)Deep13
(39,154 posts)BeyondGeography
(39,369 posts)Poor them.
Brigid
(17,621 posts)But I don't know what I'm going to do if she is the Dem nominee.
Katashi_itto
(10,175 posts)Phlem
(6,323 posts)-p
polichick
(37,152 posts)cantbeserious
(13,039 posts)Clinton is no exception to this rule.
madrchsod
(58,162 posts)i think most people knows where hillary stands.
Chan790
(20,176 posts)dchill
(38,468 posts)Oh? Why wasn't I consulted?
TheKentuckian
(25,023 posts)NuclearDem
(16,184 posts)The only role the rest of us played was when we saved their greedy hinds.
Whisp
(24,096 posts)She is blaming the people that lost their homes and jobs equally to the Wall Street scum.
fuck that.
QuestForSense
(653 posts)And they're even greedier now.
Buns_of_Fire
(17,174 posts)HappyMe
(20,277 posts)This pretty much cements the fact that she will not have my vote in the primary.
SammyWinstonJack
(44,130 posts)responsible, off the hook, AGAIN!
G_j
(40,366 posts)she must think there are a lot of stupid Democrats...
magical thyme
(14,881 posts)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.
irisblue
(32,963 posts)comforting banksters...how unexpected .
Cali_Democrat
(30,439 posts)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)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)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)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)for running against the machine-picked adveRsaRy, and having enough wide-spreading (advertizing) messages to win?
foo_bar
(4,193 posts)"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)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)freshwest
(53,661 posts)Amonester
(11,541 posts)I personally don't think she's going to 'keep it all for herself' but it's my take on it.
freshwest
(53,661 posts)InAbLuEsTaTe
(24,122 posts)Whisp
(24,096 posts)that over rides everything.
ha.
warrant46
(2,205 posts)LittleBlue
(10,362 posts)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)She is merely the mouthpiece of Wall Street. We do not need her in the White House.
dembotoz
(16,799 posts)SamKnause
(13,091 posts)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)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.
SamKnause
(13,091 posts)Indeed !
Have a great day.
Egalitarian Thug
(12,448 posts)any stockholder or slave owner.
n2doc
(47,953 posts)code phrase for "Steal more money from the Government". Always a new scam to keep those bonuses coming!
99Forever
(14,524 posts)Neither her nor any other Turd Way DINO will ever receive my support or vote. Ever.
deutsey
(20,166 posts)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)..... 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.
SammyWinstonJack
(44,130 posts)Of the Banksters. For the Banksters. By the Banksters.
solarhydrocan
(551 posts)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
Katashi_itto
(10,175 posts)Beacool
(30,247 posts)Yawn......
Le Taz Hot
(22,271 posts)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)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?
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)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)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)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)you "feel" about her too.
You haven't presented any factual rebuttal to the OP.
Pot...kettle.
Le Taz Hot
(22,271 posts)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)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.
polichick
(37,152 posts)DonCoquixote
(13,616 posts)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)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.
Capt. Obvious
(9,002 posts)Drunken Irishman
(34,857 posts)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.
Whisp
(24,096 posts)Major Hogwash
(17,656 posts)Whining about it now isn't going to help.
WhaTHellsgoingonhere
(5,252 posts)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 were 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 isnt going to improve the economyit needs to stop. And indeed Goldmans Jim ONeill, the laconic Brit who heads the banks asset management division, introduced Clinton by saying how courageous she was for speaking at the bank. (Brave, perhaps, but also well-compensated: Clintons minimum fee for paid remarks is $200,000)."
polichick
(37,152 posts)politicians and Wall Street are in it together!