Hillary Clinton’s Wall Street backers: We get it

[think]

Hillary Clinton’s Wall Street backers: We get it
Populist rhetoric, many say, is good politics — but doesn’t portend an assault on the rich.

By Gabriel Debenedetti, Kenneth P. Vogel and Ben White
4/15/15 7:30 PM EDT


NEW YORK — Hillary Clinton sounded like a woman on a mission after her long drive into the heartland: “There’s something wrong,” she told Iowans on Tuesday, when “hedge fund managers pay lower taxes than nurses or the truckers I saw on I-80 when I was driving here over the last two days.”

~Snip~

It’s “just politics,” said one major Democratic donor on Wall Street, explaining that some of her Wall Street supporters doubt she would push hard for closing the carried interest loophole as president, a policy she promoted when she last ran in 2008.
“The question is not going to be whether or not hedge fund managers or CEOs make too much money,” said a separate Clinton supporter who manages a hedge fund. “The question is how do you solve the problem of inequality. Nobody takes it like she is going after them personally.”

Indeed, many of the financial sector donors supporting her just-declared presidential campaign say they’ve been expecting the moment when Clinton started calling out hedge fund managers and decrying executive pay all along — right down to the complaints from critics that such arguments are rich coming from someone who recently made north of $200,000 per speech, and who has been close to Wall Street since her days representing it as a senator from New York.

The only surprise, even to those who are apparently the target of the remarks, was that Clinton’s denunciation on the trail in Iowa and in a fundraising emails — widely read as a nod to the wing of the Democratic Party that prefers Massachusetts Sen. Elizabeth Warren to Clinton — came so soon. Far from creating genuine waves on Wall Street, Clinton’s comments were met with a resounding “meh.”

Read more: http://www.politico.com/story/2015/04/hillary-clintons-wall-street-backers-we-get-it-117017.html#ixzz3XQvwHSk9

[NYC_SKP]

1. There will be neither an "Assault on the Rich" nor a challenge to Citizens United under her.

It won't happen unless Congress changes in a big way.

Empty rhetoric.

Recommended for the truth.

[InAbLuEsTaTe]

6. So true. Just gotta hope someone else jumps in the race who can energize the electorate.

[blkmusclmachine]

2. Pay to play.

[Savannahmann]

3. Our Billionaires will kick your Billionaires butts.

^High donations gleefully accepted.

^High finance protected.

^Helping the one percent protect their assets.

It's all about the ^H.

[JaneyVee]

4. No shit. Due to gerrymandering, GOP controls House for another decade.

Doesn't mean plenty of other gains can't be made in other areas.

[Triana]

5. +1 n/t

[WillyT]

7. Huge K & R !!! - Thank You !!!

[Larry Engels]

8. Why would Hillary want to attack the rich?

In 2010, then-Secretary Clinton's financial disclosures revealed a net worth totaling between roughly $10 and $50 million. In 2012, the last year for which she disclosed finances, Clinton's net worth was estimated to be between $5 million and $25 million.

http://www.washingtonpost.com/blogs/post-politics/wp/2014/07/30/5-million-50-million-or-even-more-just-how-rich-is-hillary-clinton-heres-why-we-dont-know/

[davidpdx]

9. The headline should read: Clinton donors to the public,

"sure we understand she'll have to do something if she's elected *wink*"