Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Attorney in Texas

(3,373 posts)
Fri Mar 18, 2016, 05:23 PM Mar 2016

"Clinton’s Fundraiser With Failed Theranos CEO - Scenes from the wreckage of the Democratic party"

link to How To Explain Hillary Clinton’s Fundraiser With Failed Theranos CEO Elizabeth Holmes - Scenes from the wreckage of the Democratic party; excerpt:

So, that happened. ... Last October, the Wall Street Journal reported that Theranos wasn’t delivering anything close to what it promised. In the months since, the company has become synonymous with corporate excess — serial violators of lab standards and federal regulations that posed “immediate jeopardy to patient health and safety.”

So, why is Democratic presidential candidate Hillary Clinton having a fundraiser with Holmes next week? The choice seems inexplicable — unless you’ve read Thomas Frank’s new book, Listen Liberal: or Whatever Happened To The Party of the People. Frank joined the “So That Happened” podcast to discuss his new tome. ... you need to be aware of how the Democratic party has evolved over the past few decades — an evolution that Frank rather eloquently documents in his book. “At some point,” Frank tells the Huffington Post, “{the Democrats} decided that they weren’t all that interested in the concerns of working people anymore.” Rather, Frank says, they became fixated on “the concerns of the professional class, people with advanced degrees, people at the very top of our economic society.”... Frank says that Clinton is “a perfect example of the kind of liberal I talk about,” steeped in the “belief in meritocracy that’s going to solve all things” and the regular “palling around with billionaires.”... Throughout the campaign, Clinton has described her candidacy as one that would “break down barriers.” This is the essential aspect of her response to income inequality: rather than repair a rigged system or make the capital-to-labor ratio more equitable through policy, she wants to bring a greater amount of diversity to the meritocratic class, with benefits sure to trickle down.
2 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
"Clinton’s Fundraiser With Failed Theranos CEO - Scenes from the wreckage of the Democratic party" (Original Post) Attorney in Texas Mar 2016 OP
K & R AzDar Mar 2016 #1
Rec Newkularblue Mar 2016 #2
Latest Discussions»Retired Forums»2016 Postmortem»"Clinton’s Fundraiser Wit...