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SheenaR

(2,052 posts)
Fri Jan 22, 2016, 11:21 PM Jan 2016

Still can't believe this conversation took place.

And people wonder why Sanders supporters are angry and aggressive. This talk of a political revolution is not talk. I and many others are prepared to take to the streets, march on our cities, because we are tired of the assholes on the other side and we have to deal with this stuff from our own "progressive" leaders. It's insane

Melvin then said, “I think the unnamed candidate probably Hillary Clinton, safe to say there, senator. Nick Confessore of The New York Times reporting Thursday Goldman Sachs has paid Hillary Clinton $675,000 for three speeches in recent years. She was paid millions more by other Wall Street firms. Along with her husband, they’ve been paid more than $125 million for paid speeches since 2001. That is, of course, not the kind of money that most Americans can relate to. Were the speeches a mistake, senator?”

“Listen, voters are angry, and I don’t blame them, because they’ve been watching a Washington that has been divisive, that hasn’t worked together,” Shaheen claimed, avoiding Melvin’s question. “And I believe we need a candidate who’s not going to further divide this country, but who’s going to unite it.”

“That’s not my question. Senator, that’s not my question,” Melvin interjected.

“That’s one of the reasons I’m supporting Hillary. Well, your first question was, are voters angry? And I would say yes,” Shaheen continued to argue.

“No, no, I never asked that question. I think that’s well established. The question was, are the speeches, were the speeches a mistake? Did it make sense to accept close to three quarters [of a million dollars],” Melvin asked.

“Listen, they’re done. So it doesn’t matter whether you support that or not. The fact is, that’s in the past, just as Bernie’s socialism, he claims, is in the past,” Shaheen claimed.

102 replies = new reply since forum marked as read
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Still can't believe this conversation took place. (Original Post) SheenaR Jan 2016 OP
It's really crap. Liberal Jesus Freak Jan 2016 #1
They are massively underestimating SheenaR Jan 2016 #2
They don't care at this point. The only goal of "Big Money" now is to stop Bernie. reformist2 Jan 2016 #26
That's spot on. draa Jan 2016 #36
I still can't believe that this conversation took place (TWICE)! TheBlackAdder Jan 2016 #46
He's a master of his craft passiveporcupine Jan 2016 #50
We need Olberman back Joe Shlabotnik Jan 2016 #64
many many many thanks SoLeftIAmRight Jan 2016 #98
Politicians make speeches after elected office. Lucinda Jan 2016 #3
I've often wondered how these people think former politicians are supposed to make a living. Empowerer Jan 2016 #6
Yep. I don't think some people think things through, Lucinda Jan 2016 #8
But do you agree that an average of 226,000 retrowire Jan 2016 #12
I think whatever people are willing to pay, is fine Lucinda Jan 2016 #16
Yes, I think it is reasonable if that's what the going rate for those speeches is Empowerer Jan 2016 #20
Thanks for your reasonable response. retrowire Jan 2016 #33
What's "reasonable" is what people will pay. MeNMyVolt Jan 2016 #29
People keep saying "the Clinton Foundation does good work" like it's well known. Spitfire of ATJ Jan 2016 #92
See post 12 because I want your opinion too. nt retrowire Jan 2016 #13
After 5 years it looks pretty good to me.... daleanime Jan 2016 #32
Damn! The more you know. retrowire Jan 2016 #35
I'm glad someone pointed that out. draa Jan 2016 #39
Cattle futures trading catnhatnh Jan 2016 #95
This was investigated ad nauseum in the 1990s and even Ken Starr couldn't find anything wrong Empowerer Jan 2016 #96
No-although with the Clintons it is easy to get confused catnhatnh Jan 2016 #99
But this is prior to seeking the highest office, not after Babel_17 Jan 2016 #25
The HRC speeches being discussed were after her tenure at State and before announcing... Lucinda Jan 2016 #57
Ah, so she was as surprised by her announcement as was I, and the fee payers? Babel_17 Jan 2016 #58
I have no idea what you are trying to say. Lucinda Jan 2016 #61
It was obvious she was thinking of running Babel_17 Jan 2016 #62
So? She wasn't in office, and there is nothing unusual about the speaking engagements. Lucinda Jan 2016 #63
OK, it is what is, and the voters will certainly hear that viewpoint Babel_17 Jan 2016 #67
That's the beauty of our incredibly messy political election system Lucinda Jan 2016 #69
And that's the winning sentiment of this evening/morning! Babel_17 Jan 2016 #70
Same to you! It's tried to snow here, but not doing a very good job of it! Lucinda Jan 2016 #72
:) Good night! (nt) Babel_17 Jan 2016 #74
This message was self-deleted by its author Lucinda Jan 2016 #73
Betcha Jimmy Carter didn't run to Wall Street. Spitfire of ATJ Jan 2016 #59
She was a well respected Senator from NY - the financial hub of this country Lucinda Jan 2016 #60
I bet I do.... Spitfire of ATJ Jan 2016 #65
I love Carter, but that has nothing to do with his post POTUS speaking engagements Lucinda Jan 2016 #68
His speeches are public.... Spitfire of ATJ Jan 2016 #79
No...it was nonsense to throw a Carter Center video up to counter my point Lucinda Jan 2016 #80
"I imagine more will be forthcoming" Spitfire of ATJ Jan 2016 #81
Not really. These pieces exist. I'm sure there are others. Did you even Lucinda Jan 2016 #85
The "American Society for Clinical Pathology in Chicago" gave me a chuckle.... Spitfire of ATJ Jan 2016 #91
She isn't the only one with that point of view - Sorkin goes in depth and interviewed Warren Lucinda Jan 2016 #93
LOL! Go watch "The Big Short". Spitfire of ATJ Jan 2016 #94
"Well, your first question was---" followed by something that wasnt the first question. Warren DeMontague Jan 2016 #4
I wonder what her DU name is? passiveporcupine Jan 2016 #55
I just mean I see that sort of argument tactic all the time in certain corners, here. Warren DeMontague Jan 2016 #75
I know what you were getting at. passiveporcupine Jan 2016 #76
Gotcha. Warren DeMontague Jan 2016 #78
From Jan 2014 to May 2015 Hillary made more than $25 million and Bill in 2012 earned 16.3 million. Skwmom Jan 2016 #5
I think her speeches were all after she left State. Lucinda Jan 2016 #10
What was that from? Uncle Joe Jan 2016 #7
Here you go, Uncle Joe JonLeibowitz Jan 2016 #37
It's run by bullies. draa Jan 2016 #40
Thanks for the link, JonLeibowitz, that was serious pretzel making. Uncle Joe Jan 2016 #42
Here's the link thesquanderer Jan 2016 #100
K&R It looks like some of the conversations on DU. nt Live and Learn Jan 2016 #9
Hillary is going to unite the country? Doctor_J Jan 2016 #11
Many people are upset about how former sadoldgirl Jan 2016 #14
That Is Indeed THE SOLID Point! Ed Rendell Practically called Her An Idiot! CorporatistNation Jan 2016 #15
Oh! A mindreader! murielm99 Jan 2016 #24
Was that anyone who paid attention to politics in this nation... daleanime Jan 2016 #34
Money going to the Clinton foundation goes to the charity, not to them personally. pnwmom Jan 2016 #17
thats not always where the speaking fees go and you know it Bread and Circus Jan 2016 #45
And yet she isn't taking any positions that benefit the financial industry pnwmom Jan 2016 #48
not reinstating glass steagall benefits them. that took me 2 seconds to come up with. Bread and Circus Jan 2016 #52
Maybe you should read what Krugman has to say about that. n/t pnwmom Jan 2016 #53
here is something to read before you go to bed Bread and Circus Jan 2016 #56
No it doesn't. Lucinda Jan 2016 #71
ok you and the other person above need better reading comprehension Bread and Circus Jan 2016 #83
Krugman has nothing to do with my post. if you'd read the links you'd know that. n/t Lucinda Jan 2016 #87
Well, you are just wrong and your point is a non sequiter Bread and Circus Jan 2016 #88
Bill and Hillary turned into big time Yuppies. Bernie did not. He's more like the average American. jalan48 Jan 2016 #18
Wasn't this posted by this person either earlier today or yesterday? SoapBox Jan 2016 #19
I did not post this SheenaR Jan 2016 #21
That was pretty lol inducing Babel_17 Jan 2016 #22
lol. one of my oft used clips! nt restorefreedom Jan 2016 #28
They took a cliche and made it magnificent Babel_17 Jan 2016 #30
geniuses, truly. nt restorefreedom Jan 2016 #31
They know accepting those fees is a political liability, so let's just change the topic now. PoliticalMalcontent Jan 2016 #23
Well, Shaheen IS Third Way, and Third Way IS PatrickforO Jan 2016 #27
+1 valerief Jan 2016 #38
The premise is wrong here Z_California Jan 2016 #41
Exactly! Juicy_Bellows Jan 2016 #54
Did he ever say it was in the past? LoveIsNow Jan 2016 #43
That was my reaction as well Samantha Jan 2016 #66
No. He's still a democratic socialist. NT Eric J in MN Jan 2016 #97
ummmm... that was in the past so it doesn't matter? Bread and Circus Jan 2016 #44
they write their own scripts in their heads. passiveporcupine Jan 2016 #47
The whole speeches thing is ridiculous bhikkhu Jan 2016 #49
IF we could, we would. The speeches were given in private, no media allowed. peacebird Jan 2016 #82
you are confused. the speech income we are talking about is personal income. not foundation donation Bread and Circus Jan 2016 #84
It has to be personal income before it can be donated bhikkhu Jan 2016 #86
“Anybody who thinks they can buy me doesn’t know me,” Babel_17 Jan 2016 #51
lol tazkcmo Jan 2016 #77
one campaign represents real anger due to issues, the other fake anger from centrally- MisterP Jan 2016 #89
There's no way to spin this as a positive, hence the throwing shade. Orsino Jan 2016 #90
I'd be mad, but I am too damn busy laughing. Kalidurga Jan 2016 #101
Kicketty Kickin' Faux pas Jan 2016 #102

Liberal Jesus Freak

(1,451 posts)
1. It's really crap.
Fri Jan 22, 2016, 11:27 PM
Jan 2016

I was a major Hillary Clinton supporter until 2008. Now she comes across to me--a white woman of her generation--as mean and bitter. Her followers? Just the same

SheenaR

(2,052 posts)
2. They are massively underestimating
Fri Jan 22, 2016, 11:35 PM
Jan 2016

The number of people who will stay home in November, young and old. This entire strategy is ass-backwards. Day by day they alienate those who would normally gladly support the nominee blindly if it were her.

draa

(975 posts)
36. That's spot on.
Sat Jan 23, 2016, 01:27 AM
Jan 2016

Their elitist attitude will come back to bite them though. The only thing hated more in this country than Wall Street is the 1%. Oh, and the establishment. Clinton is seen as all three at once.

 

SoLeftIAmRight

(4,883 posts)
98. many many many thanks
Sat Jan 23, 2016, 02:12 PM
Jan 2016

the list of the unforgivable offenses has continued to grow

so sad that so many choose to be blind to this fact

Lucinda

(31,170 posts)
3. Politicians make speeches after elected office.
Fri Jan 22, 2016, 11:47 PM
Jan 2016

And the popular ones make quite a bit per speech.
It is standard practice and has been all throughout modern political history.

Most will use the opportunity to make the case for causes important to them, and stress the need for Democratic political support to maintain a strong country. They have a big platform after a successful political career, and the smart ones make use of it, and the money these speeches generate. It's only with the Clinton's that this is suddenly made out to be something nefarious.

Empowerer

(3,900 posts)
6. I've often wondered how these people think former politicians are supposed to make a living.
Fri Jan 22, 2016, 11:58 PM
Jan 2016

Since they don't seem to ever want them to earn any money doing anything.

Lucinda

(31,170 posts)
8. Yep. I don't think some people think things through,
Sat Jan 23, 2016, 12:04 AM
Jan 2016

they just jump on the bandwagon if it make their candidates opponent look bad.

retrowire

(10,345 posts)
12. But do you agree that an average of 226,000
Sat Jan 23, 2016, 12:15 AM
Jan 2016

for a speech is reasonable?

That's 5 times my income and I actually do work. A lot of that money can go to more important things.

And when she was asked to explain what those speeches were for, she said they were because the people wanted to hear her opinion on things today and such....

Couldn't they write her an email asking her? Maybe do a google search? Save them a lot of money.

That amount of money, for a meeting where someone gives their perspective... is asinine.

What did Jimmy Carter do after his presidency? Charity? Volunteer work? That sounds good. Not like he'll ever go without anyways.

Lucinda

(31,170 posts)
16. I think whatever people are willing to pay, is fine
Sat Jan 23, 2016, 12:27 AM
Jan 2016

especially when it is put to good work like it has been for Bill Clinton and Jimmy Carter.

Heck...I'll even say it's good for little George Bush. It's keeping him in paint supplies and off the national stage for the most part, which I think is a pretty darn good return of investment.

I do get your point that is an obscene amount of money to here someone talk, but like I've said above, it is an enormously helpful platform for getting ideas out there that can make a difference in the world. And it seems to be a standard practice, not just in politics, but fees for sports starts and motivational speakers are huge too.

Empowerer

(3,900 posts)
20. Yes, I think it is reasonable if that's what the going rate for those speeches is
Sat Jan 23, 2016, 12:38 AM
Jan 2016

If the organization paying that fee thinks it's worth it to them, then it's a reasonable fee. It's no less reasonable than an athlete making millions of dollars per game or a lawyer earning $1500 per hour or consultants making much more than that. When someone pays Clinton that kind of money (and most of his speeches don't command anything close to that), it's because they can afford it and his presence is bringing value to whatever event he's participating in.

The Clintons do an enormous amount of charity work. Much of the work that Bill Clinton does, he does for no money at all - I know this because I have been involved in efforts that he has supported and he has traveled and spoken on their behalf for no money at his own expense. And remember, those fees go to the Foundation, not to the Clintons personally. The fees help to pay staff salaries, expenses, but more importantly, they underwrite the work that the Foundation does around the world. And the Foundation does outstanding work and has made a tremendous difference, something that we as progressives should be very proud of.

Everybody is not Jimmy Carter and I don't think everyone should be expected to be Jimmy Carter. I also do not begrudge a former president making a lots of money after they leave office. Frankly, I don't understand this notion that earning a lot of money is per se bad. Yes, I think we have misplaced values in this society and I don't like that we so substantially undervalue and underpay our country's most valuable workers - e.g., teachers, firefighters, police officers, paramedics, etc. But the fact that we don't pay them enough doesn't mean that we should hate on people who earn good money that people are more than willing to pay them. Attacking Clinton for making money, in my view, is just petty.

retrowire

(10,345 posts)
33. Thanks for your reasonable response.
Sat Jan 23, 2016, 01:21 AM
Jan 2016

I think it's not really hating a Clinton for making money. It's moreso the distrust that forms from whom the money is changing hands with.

 

MeNMyVolt

(1,095 posts)
29. What's "reasonable" is what people will pay.
Sat Jan 23, 2016, 01:09 AM
Jan 2016

And the Clinton Foundation does a lot of good work. Not everything requires a hammer.

draa

(975 posts)
39. I'm glad someone pointed that out.
Sat Jan 23, 2016, 01:32 AM
Jan 2016

They're set for life. There's no way they need $225000 an hour for anything.

Of course when you have a Global Network worth $3B you can never have too much money. It's obscene though considering ChP at 22%. Just disgusting.

catnhatnh

(8,976 posts)
95. Cattle futures trading
Sat Jan 23, 2016, 01:37 PM
Jan 2016

seems Hillary had a real flair for it:

https://en.wikipedia.org/wiki/Hillary_Rodham_cattle_futures_controversy



Various publications sought to analyze the likelihood of Rodham's successful results. The editor of the Journal of Futures Markets said in April 1994, "This is like buying ice skates one day and entering the Olympics a day later. She took some extraordinary risks."[12] USA Today concluded in April 1994 after a four-week study that "Hillary Rodham Clinton had some special treatment while winning a small fortune in commodities."[7] According to The Washington Post's May 1994 analysis, "while Clinton's account was wildly successful to an outsider, it was small compared to what others were making in the cattle futures market in the 1978–79 period." However, the Post's comparison was of absolute profits, not necessarily percentage rate of return.[13] In a Fall 1994 paper for the Journal of Economics and Finance, economists from the University of North Florida and Auburn University investigated the odds of gaining a hundred-fold return in the cattle futures market during the period in question. Using a model that was stated to give the hypothetical investor the benefit of the doubt, they concluded that the odds of such a return happening were at best 1 in 31 trillion.[14]

Empowerer

(3,900 posts)
96. This was investigated ad nauseum in the 1990s and even Ken Starr couldn't find anything wrong
Sat Jan 23, 2016, 01:58 PM
Jan 2016

But it's interesting to see Democrats rehashing completely debunked Republican-Ken Starr witch hunt accusations.

catnhatnh

(8,976 posts)
99. No-although with the Clintons it is easy to get confused
Sat Jan 23, 2016, 02:45 PM
Jan 2016

Ken Starr's only Hillary contact was in the context of the real estate scandal...

"On January 26, 1996, Hillary Clinton testified before a grand jury concerning her investments in Whitewater. This was the first time in American history that a First Lady had been subpoenaed to testify before a grand jury. She testified that they never borrowed any money from the bank, and denied having caused anyone to borrow money on their behalf. Over the course of the investigation, fifteen individuals—including Jim and Susan McDougal, White House counsel Webster Hubbell, and Arkansas Governor Jim Guy Tucker—were convicted of federal charges. Other than Jim McDougal, none of the convicted agreed to cooperate with the Whitewater investigators, and Clinton pardoned four of them in the final hours of his presidency (see list of people pardoned by Bill Clinton)."

The cattle thing-different scandal w/ different investigations...

Babel_17

(5,400 posts)
25. But this is prior to seeking the highest office, not after
Sat Jan 23, 2016, 12:59 AM
Jan 2016

And even when it's after there can be an appearance of "and now we can actually straight up pay you".

We watch for this everywhere, like judges and DA's that move on to work for law firms, and people who's spouses pull down fortunes while they are in the Congress that supposedly regulates the industries that their spouses work for.

Lucinda

(31,170 posts)
57. The HRC speeches being discussed were after her tenure at State and before announcing...
Sat Jan 23, 2016, 02:41 AM
Jan 2016

If you have links to previous speeches I'd love to see them!

Babel_17

(5,400 posts)
58. Ah, so she was as surprised by her announcement as was I, and the fee payers?
Sat Jan 23, 2016, 02:44 AM
Jan 2016


What a happy coincidence for those who payed the fees; how prescient so many of us felt when the announcement was made!

Babel_17

(5,400 posts)
62. It was obvious she was thinking of running
Sat Jan 23, 2016, 02:56 AM
Jan 2016

Nobody I know was surprised. Clinton didn't surprise herself, at that's the salient point about taking speaking fees. That and the state of mind of those offering those fees. They thought they were offering them to a likely candidate, and winner, of the position of POTUS.

Lucinda

(31,170 posts)
63. So? She wasn't in office, and there is nothing unusual about the speaking engagements.
Sat Jan 23, 2016, 03:03 AM
Jan 2016

Public speakers from all walks of life are offered all sorts of big dollar speaking arrangements after they leave office or their sport, or publish, etc. Hillary was the first Lady of Arkansas, and of the United States, Senator from NY, and the Secretary of State for the United States. I'm pretty sure those credentials alone make her opinions of interest to most groups who bring in speakers.

Retired sports figures and motivational speakers also make good fees for speeches. This is not unusual.

Babel_17

(5,400 posts)
67. OK, it is what is, and the voters will certainly hear that viewpoint
Sat Jan 23, 2016, 03:10 AM
Jan 2016

And they'll hear from others. I'm of the opinion that there has been a miscalculation by the Clintons as to how the voters are going to see things. The polling, and the voting, will let me know if I'm wrong about that.

Lucinda

(31,170 posts)
69. That's the beauty of our incredibly messy political election system
Sat Jan 23, 2016, 03:18 AM
Jan 2016

The people are the ones who decide. As long as a Dem is elected I will be quite happy.

Babel_17

(5,400 posts)
70. And that's the winning sentiment of this evening/morning!
Sat Jan 23, 2016, 03:22 AM
Jan 2016
Have a great one! I'm going to look at the snow, then grab a few hours sleep. Good night (or morning).

Lucinda

(31,170 posts)
72. Same to you! It's tried to snow here, but not doing a very good job of it!
Sat Jan 23, 2016, 03:27 AM
Jan 2016

Happy dreams!


- deleted a dup post below - I didnt think this one replied to you! I'm getting tired.

Response to Babel_17 (Reply #70)

Lucinda

(31,170 posts)
60. She was a well respected Senator from NY - the financial hub of this country
Sat Jan 23, 2016, 02:50 AM
Jan 2016

I can certainly see why they would value her comments about what she has seen at State, and where she thinks the country should go.

As for Carter, I have no idea who he has given speeches for, and I suspect you don't either.

Lucinda

(31,170 posts)
68. I love Carter, but that has nothing to do with his post POTUS speaking engagements
Sat Jan 23, 2016, 03:14 AM
Jan 2016

He is listed with APB dealing with wonderful topics.
http://www.apbspeakers.com/speaker/jimmy-carter

But those are speeches he gives on those topics.

 

Spitfire of ATJ

(32,723 posts)
79. His speeches are public....
Sat Jan 23, 2016, 03:49 AM
Jan 2016

It's nonsense to try to equate Carter's post POTUS speaking engagements with Hillary's private speaking engagements to the 1%.

Lucinda

(31,170 posts)
80. No...it was nonsense to throw a Carter Center video up to counter my point
Sat Jan 23, 2016, 03:59 AM
Jan 2016

but I love Carter, so I was happy to see the video.

Here is an article about her speeches with lists of who, when, and how much.
http://www.bloomberg.com/politics/articles/2015-04-12/the-very-valuable-words-of-hillary-clinton

Only one of the videos is of any length...but I imagine more will be forthcoming. Check out the summary of what they were for... it's very informative!

Lucinda

(31,170 posts)
85. Not really. These pieces exist. I'm sure there are others. Did you even
Sat Jan 23, 2016, 11:29 AM
Jan 2016

bother to look at the speech list? The event titles? Who they were given for? Even a ten second skim might be pretty eye opening.

 

Spitfire of ATJ

(32,723 posts)
91. The "American Society for Clinical Pathology in Chicago" gave me a chuckle....
Sat Jan 23, 2016, 12:49 PM
Jan 2016

Nothing from Goldman Sachs or other Wall Street firms which was the point.

The Carlyle Group is listed. No doubt the usual war profiteers were there smacking their chops.

The list is incomplete.

BTW: Are you aware that she's claiming the big banks weren't to blame for the crash? I'd love to corner her on that and see if she blames "people who bought a house they couldn't afford". She claims investment firms like Lehman Brothers was to blame.

I wonder if they paid her to speak.

Warren DeMontague

(80,708 posts)
4. "Well, your first question was---" followed by something that wasnt the first question.
Fri Jan 22, 2016, 11:49 PM
Jan 2016


I wonder what her DU name is.

Skwmom

(12,685 posts)
5. From Jan 2014 to May 2015 Hillary made more than $25 million and Bill in 2012 earned 16.3 million.
Fri Jan 22, 2016, 11:57 PM
Jan 2016

Not sure about 2013 - 2014.

To say since 2001 is misleading b/c a majority of the money was made during her time as SOS and after.

Lucinda

(31,170 posts)
10. I think her speeches were all after she left State.
Sat Jan 23, 2016, 12:09 AM
Jan 2016

I haven't seen any evidence of her making paid speeches during her time as SOS.

draa

(975 posts)
40. It's run by bullies.
Sat Jan 23, 2016, 01:41 AM
Jan 2016

And there nothing we can do to stop them but fight back.

Just like with any victim of bullying, sometimes you have to bust some heads before they stop. And Bernie is our way of busting heads. Our muscle if you will.

sadoldgirl

(3,431 posts)
14. Many people are upset about how former
Sat Jan 23, 2016, 12:22 AM
Jan 2016

office holders are making money out of their former
positions, but that is not the question here, at least
not for me.

The point is that for years HRC had in mind to run
for the presidency while doing just that. And that to me
is not the same as someone, who is finally retiring.

That is the important issue: she planned to get into
the WH, yet using her former positions to get very
wealthy.

CorporatistNation

(2,546 posts)
15. That Is Indeed THE SOLID Point! Ed Rendell Practically called Her An Idiot!
Sat Jan 23, 2016, 12:27 AM
Jan 2016

In not so many words. Clearly ill advised to do speeches for CA$H if you plan to run for President!

pnwmom

(108,973 posts)
17. Money going to the Clinton foundation goes to the charity, not to them personally.
Sat Jan 23, 2016, 12:32 AM
Jan 2016

Hey, but if you're going to sling mud, this works.

Bread and Circus

(9,454 posts)
45. thats not always where the speaking fees go and you know it
Sat Jan 23, 2016, 02:01 AM
Jan 2016

Clintons have personally made millions of speaking fees. It is outrageous

pnwmom

(108,973 posts)
48. And yet she isn't taking any positions that benefit the financial industry
Sat Jan 23, 2016, 02:18 AM
Jan 2016

which is why, according to the liberal (Nobel prize winning) economist Paul Krugman, they're "doing all they can to elect a Republican."

http://www.nytimes.com/2015/10/16/opinion/democrats-republicans-and-wall-street-tycoons.html?action=click&pgtype=Homepage&module=opinion-c-col-right-region®ion=opinion-c-col-right-region&WT.nav=opinion-c-col-right-region

Hillary Clinton and Bernie Sanders had an argument about financial regulation during Tuesday’s debate — but it wasn’t about whether to crack down on banks. Instead, it was about whose plan was tougher. The contrast with Republicans like Jeb Bush or Marco Rubio, who have pledged to reverse even the moderate financial reforms enacted in 2010, couldn’t be stronger.

For what it’s worth, Mrs. Clinton had the better case. Mr. Sanders has been focused on restoring Glass-Steagall, the rule that separated deposit-taking banks from riskier wheeling and dealing. And repealing Glass-Steagall was indeed a mistake. But it’s not what caused the financial crisis, which arose instead from “shadow banks” like Lehman Brothers, which don’t take deposits but can nonetheless wreak havoc when they fail. Mrs. Clinton has laid out a plan to rein in shadow banks; so far, Mr. Sanders hasn’t.


SNIP

As I said, this lopsided giving is an indication that Wall Street insiders take Democratic pledges to crack down on bankers’ excesses seriously. And it also means that a victorious Democrat wouldn’t owe much to the financial industry.

If a Democrat does win, does it matter much which one it is? Probably not. Any Democrat is likely to retain the financial reforms of 2010, and seek to stiffen them where possible. But major new reforms will be blocked until and unless Democrats regain control of both houses of Congress, which isn’t likely to happen for a long time.

In other words, while there are some differences in financial policy between Mrs. Clinton and Mr. Sanders, as a practical matter they’re trivial compared with the yawning gulf with Republicans.

Bread and Circus

(9,454 posts)
52. not reinstating glass steagall benefits them. that took me 2 seconds to come up with.
Sat Jan 23, 2016, 02:27 AM
Jan 2016

You will have to try harder to peddle lies

Bread and Circus

(9,454 posts)
83. ok you and the other person above need better reading comprehension
Sat Jan 23, 2016, 09:30 AM
Jan 2016

I didnt say whether reinstating glass steagall was a good idea or not. Or whether abolishing glass steagall caused the crash of 2008.

I said not reinstating glass steagall, which hillary's position, does benefit the financial industry, and more specifically the financial institutions that paid her millions to speak.

And yes not having glass steagall in place does benefit them.

Why do you think they conned Bill Clinton into getting rid of it in the first place?

Thus this immediately disproves the other poster's point.

This whole Paul Krugman, Paul Krugman, Paul Krugman mantra ya'll keep repeating has nothing to do with what I said. What Paul Krugman is addressing is a seperate issue.

The problem I have with Hillary supporters here is you all sounds like Republicans of the George W Bush era where as soon as we shootdown one of your falsehoods you have another lined up. It's like shooting down a pack of serial lies.

The reason is it so egregious is because you, like Republicans, have decided you don't need to adhere to simple logic and just spout talking points instead.


jalan48

(13,852 posts)
18. Bill and Hillary turned into big time Yuppies. Bernie did not. He's more like the average American.
Sat Jan 23, 2016, 12:33 AM
Jan 2016

SoapBox

(18,791 posts)
19. Wasn't this posted by this person either earlier today or yesterday?
Sat Jan 23, 2016, 12:34 AM
Jan 2016

You seem to be trying to stir a pot with this.

23. They know accepting those fees is a political liability, so let's just change the topic now.
Sat Jan 23, 2016, 12:47 AM
Jan 2016

You heard him. Let's just change the topic, everybody...

...

...

We on to a different topic now?

PatrickforO

(14,566 posts)
27. Well, Shaheen IS Third Way, and Third Way IS
Sat Jan 23, 2016, 01:06 AM
Jan 2016

the establishment, and we KNOW the establishment will get as ugly as it needs to to keep Bernie from winning the primaries, let alone the general election.

But you know what?

The establishment no longer controls the message. We do.

Z_California

(650 posts)
41. The premise is wrong here
Sat Jan 23, 2016, 01:47 AM
Jan 2016

She doesn't get paid to "speak". Please. No speech is worth a quarter million. She gets paid off, by the banksters, and quid pro quo is expected. Let's drop the pretense that these are "speaking fees".

Juicy_Bellows

(2,427 posts)
54. Exactly!
Sat Jan 23, 2016, 02:30 AM
Jan 2016

If they were looking for content they could have hired AC/DC for that kind of money, they want access, not content.

LoveIsNow

(356 posts)
43. Did he ever say it was in the past?
Sat Jan 23, 2016, 01:54 AM
Jan 2016

His socialism that is. I feel as though that would have been all over the news as a flip flop, since he at least began this campaign identifying as a democratic socialist.

Samantha

(9,314 posts)
66. That was my reaction as well
Sat Jan 23, 2016, 03:05 AM
Jan 2016

I never heard Bernie say that. I did hear Bernie say before his campaign started he was a Democratic Socialist. He defined it as believing in the same principles the Democrats do, but takes his politics a step further to say the Government should work for all of the people, not just corporations and the wealthy. During his Congressional service, he was labeled an Independent because there was not a category for Democratic Socialists. Bernie did caucus with the Democrats. He changed his registration to run because he needed the foundation of a party to buttress his campaign, and he could only do that be registering as a Democrat. He has publicly talked about all of this, so people who imply otherwise either do not listen, or do not pay attention, or are deliberately distorting Sanders' position.

To call him a socialist is not technically correct because Democratic Socialists do not exactly embrace the pure socialist platform. Some of the socialists in Vermont were debating whether or not to support Sanders because they did not necessarily agree with his stance on some of the issues. I do not know what they finally decided.

Sam

Bread and Circus

(9,454 posts)
44. ummmm... that was in the past so it doesn't matter?
Sat Jan 23, 2016, 01:59 AM
Jan 2016

Wtf?

Judge ya know I did rob that bank... but that was in the past... it doesn't matter...

passiveporcupine

(8,175 posts)
47. they write their own scripts in their heads.
Sat Jan 23, 2016, 02:10 AM
Jan 2016

I'm not sure they even really listen or understand the questions being asked of them. They are too busy blurting out their practiced and prepared answers...before they even know the question or are asked the question.

And they are not even embarrassed by it.

bhikkhu

(10,714 posts)
49. The whole speeches thing is ridiculous
Sat Jan 23, 2016, 02:22 AM
Jan 2016

I don't care if Hillary was paid to speak. I'd care somewhat if the money was used for something absurd, like car elevators and caviar or something, but the Clintons have traditionally given their speaking income to their charitable foundation, which does good work. I'd care more if the speaker was a bombast like limbaugh or trump, but she isn't. She's a moderate Democrat with a good stance on the issues.

If someone wanted to discuss the content of her speeches, that would be a discussion worth having. This one, quite a bit less so.

peacebird

(14,195 posts)
82. IF we could, we would. The speeches were given in private, no media allowed.
Sat Jan 23, 2016, 05:13 AM
Jan 2016

So what was she saying? And why doesn't her campaign release the text of her specches?

Bread and Circus

(9,454 posts)
84. you are confused. the speech income we are talking about is personal income. not foundation donation
Sat Jan 23, 2016, 09:49 AM
Jan 2016

It is right on her website.

https://www.hillaryclinton.com/documents/13/HRC_2013_Speeches_-_Tax_Return_Addendum.pdf

My god people, open you eyes.

Since 2007 the Clinton have paid over $50,000,000 in taxes on personal income. Not earned $50,000,00.... paid takes on. According to her website that is an effective tac rate of 35%. That means they made nearly $150,000,000 from speaking fees in less than 10 years.


Also on her website they state they gave 14,000,000 in charity. Around 10% of their personal income.

$140,000,000 in take home personal pay before taxes.

This is NOT foundation money.

That is why it is on their personal taxes.

That's what personal income tax means.

It is right on her website.

In black and white.

Good grief.

bhikkhu

(10,714 posts)
86. It has to be personal income before it can be donated
Sat Jan 23, 2016, 11:33 AM
Jan 2016

...but I looked and found you are right nevertheless - http://www.politico.com/story/2015/05/clintons-speeches-brought-in-12-million-for-foundations-since-2001-118195

most of the income was not directed to the foundation. Still, I don't care if the Clintons made money giving speeches.

I am voting for Sanders in the primary, but that has everything to do with his stance on the issues, and nothing to do with speech income. If Sanders made millions giving speeches I'd still vote for him.

Babel_17

(5,400 posts)
51. “Anybody who thinks they can buy me doesn’t know me,”
Sat Jan 23, 2016, 02:26 AM
Jan 2016
http://thehill.com/blogs/ballot-box/presidential-races/266693-clinton-wall-street-cant-buy-me

If they even suspect that they can, and thus offer up the cash, we already have a problem.

Taking the money, from someone who thinks they are buying you, is an additional problem.

How is that not clear?

tazkcmo

(7,300 posts)
77. lol
Sat Jan 23, 2016, 03:42 AM
Jan 2016

What a silly, double speaking, bullshit spewing ass. Sen Sanders owns his socialism while Clinton runs away from her Wall ST income. Game, set, match.

MisterP

(23,730 posts)
89. one campaign represents real anger due to issues, the other fake anger from centrally-
Sat Jan 23, 2016, 12:32 PM
Jan 2016

mobilized talking points, carefully primed so that they can be ginned up at the push of a button

voters need Sanders to get in, Clinton needs voters to get in

Orsino

(37,428 posts)
90. There's no way to spin this as a positive, hence the throwing shade.
Sat Jan 23, 2016, 12:43 PM
Jan 2016

However, were the transcripts revealed to the public, and if they contained strong admonishments and demands for reform instead of the rah-rah I suspect, they could work in Clinton's favor. That they haven't already been released is ominous enough, but if the campaign stonewall us, that'll be confession enough.

And we could instead tackle the larger question of whether or not Goldman-Sachs gets to claim Clinton as a dependent.

Were discussing the unsustainability of an economy based on speculation and greed not still taboo, the story might actually be damaging to such a candidate.

Kalidurga

(14,177 posts)
101. I'd be mad, but I am too damn busy laughing.
Sat Jan 23, 2016, 03:06 PM
Jan 2016
“Listen, they’re done. So it doesn’t matter whether you support that or not. The fact is, that’s in the past, just as Bernie’s socialism, he claims, is in the past,” Shaheen claimed.


I don't care how much Hillary makes for speeches. In fact I wish she would go back to making money on speeches. The sooner the better. Pay her a bazillion dollars, I don't care.
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