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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsHillary Clinton’s Wall Street Backers: We Get It
This article isn't too damning IMO but it continues to make me worry that this is all talk. It's a much different attitude than the one they take with Warren and Bernie who have continuously gone after these guys.
NEW YORK Hillary Clinton sounded like a woman on a mission after her long drive into the heartland: Theres 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.
But back in Manhattan, the hedge fund managers whove long been part of her political and fundraising networks arent sweating the putdown and arent worrying about their take-home pay just yet.
Its 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 theyve 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.
But back in Manhattan, the hedge fund managers whove long been part of her political and fundraising networks arent sweating the putdown and arent worrying about their take-home pay just yet.
Its 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 theyve 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.
http://www.politico.com/story/2015/04/hillary-clintons-wall-street-backers-we-get-it-117017.html
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Hillary Clinton’s Wall Street Backers: We Get It (Original Post)
gotj90
Apr 2015
OP
NYC_SKP
(68,644 posts)1. I'm afraid that it's all talk. Otherwise it would have been out there since the bailouts.
Unlike a few others, who have been beating the drum.
So... her donors are telling us not to believe her? Thats really something.