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Why Wall Street Gives Hillary Clinton Millions of Dollars
Shortly after she helped UBS settle a lawsuit with the IRS, the company gave $1.8 million directly to her husband
By Michael Sainato • 02/09/16
Hillary Clinton’s responses to criticism over speaking fees and donations from Wall Street firms like Goldman Sachs have failed to put an end to questions surrounding the large sums of money she received. “I made speeches to lots of groups,” she responded to Anderson Cooper during the CNN Democratic Townhall on February 3. “I don’t know. That’s what they offered,” she shrugged.
...snip....didn't want to....
Ms. Clinton argues speaking fees and donations have never influenced any of her votes, but The Boston Globe reported that during her eight years in the Senate, she avoided taking stances on financial legislation, as bills ushered into legislation during her husband’s administration—such as the repeal of Glass Steagall in 1999 and the Commodities Futures Modernization Act—established a laissez-faire attitude towards the financial industry from the government.
....snip.....
A few weeks into Ms. Clinton’s position as Secretary of State in 2009, she helped UBS settle a lawsuit with the IRS, saving them millions of dollars. Shortly after, her husband received $1.5 million in speaking fees from UBS, while donations from UBS to the Clinton Foundation increased exponentially.
Clinton advisors have also lobbied to repeal many reforms enacted by Dodd-Frank.
Ms. Clinton’s campaign staff includes many former lobbyists, like her chief pollster and strategist Joel Benenson, who ran a consulting firm retained to lobby on repealing parts of Dodd-Frank—legislation meant to regulate the financial industry in the post-2008 economic recession, by the Financial Services Forum.
The brother of the Clinton Campaign’s Chairman and lobbyist, Tony Podesta, told The Hill in a 2015 interview that he anticipated President Obama’s ban on lobbyists would not be continued by a Clinton administration.
The enormous speaking fees and donations racked up by the Clintons from the financial services industry represent much more than the “artful smear” Ms. Clinton attempted to dismiss during the 5th Democratic Debate.
Ms. Clinton’s record of getting paid substantially by large financial firms suggests her allegiance is aligned with their interests, rather than the American public. Nothing in her record or rebuttals suggests otherwise.
http://observer.com/2016/02/why-wall-street-gives-hillary-clinton-millions-of-dollars/
By Michael Sainato • 02/09/16
Hillary Clinton’s responses to criticism over speaking fees and donations from Wall Street firms like Goldman Sachs have failed to put an end to questions surrounding the large sums of money she received. “I made speeches to lots of groups,” she responded to Anderson Cooper during the CNN Democratic Townhall on February 3. “I don’t know. That’s what they offered,” she shrugged.
...snip....didn't want to....
Ms. Clinton argues speaking fees and donations have never influenced any of her votes, but The Boston Globe reported that during her eight years in the Senate, she avoided taking stances on financial legislation, as bills ushered into legislation during her husband’s administration—such as the repeal of Glass Steagall in 1999 and the Commodities Futures Modernization Act—established a laissez-faire attitude towards the financial industry from the government.
....snip.....
A few weeks into Ms. Clinton’s position as Secretary of State in 2009, she helped UBS settle a lawsuit with the IRS, saving them millions of dollars. Shortly after, her husband received $1.5 million in speaking fees from UBS, while donations from UBS to the Clinton Foundation increased exponentially.
Clinton advisors have also lobbied to repeal many reforms enacted by Dodd-Frank.
Ms. Clinton’s campaign staff includes many former lobbyists, like her chief pollster and strategist Joel Benenson, who ran a consulting firm retained to lobby on repealing parts of Dodd-Frank—legislation meant to regulate the financial industry in the post-2008 economic recession, by the Financial Services Forum.
The brother of the Clinton Campaign’s Chairman and lobbyist, Tony Podesta, told The Hill in a 2015 interview that he anticipated President Obama’s ban on lobbyists would not be continued by a Clinton administration.
The enormous speaking fees and donations racked up by the Clintons from the financial services industry represent much more than the “artful smear” Ms. Clinton attempted to dismiss during the 5th Democratic Debate.
Ms. Clinton’s record of getting paid substantially by large financial firms suggests her allegiance is aligned with their interests, rather than the American public. Nothing in her record or rebuttals suggests otherwise.
http://observer.com/2016/02/why-wall-street-gives-hillary-clinton-millions-of-dollars/
14 replies
= new reply since forum marked as read
= new reply since forum marked as read
Slimy Gramm was drooling about overturning Glass-Steagall; and in 1999, Bill did the deed with his signature despite the fact that all but one of the Senate Democrats voted against it. He could have vetoed it.... but NO.
The canary-in-the-mine Dems warned that we, the people, would reap the whirlwind of that disastrous act 10 years later. Sure enough, what happened in 2008-2009!
True democratic values and policies are now kryptonite to the Clintons. HRC is the Wall Street cabal's puppet.
PS: love the play on words Buy Partisan 
to read this.
