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Hillary Clinton
Related: About this forumCORY BOOKER: Here are some reasons to pick Hillary Clinton over Bernie Sanders
Text Excerpt:
Booker said:
When I look at pragmatic plans on how to reform Wall Street, if you separate the people and their personalities, and you were to put up the detailed plan that Hillary Clinton put forward, and the detailed plan that Bernie Sanders [put forward], ... clearly the plan that Hillary has, to me, is a better plan to reforming Wall Street and creating real incentives.
Tax incentives that don't incentivize jobs going overseas. Tax incentives that don't have people in hedge funds paying less tax rates than their secretaries, but also [that] incentivize the kind of investment we need to create hope and opportunity in cities like mine. So we can draw in investment, development, jobs, and more so that everybody gets to enjoy the abundance of this country."
Booker also warned that while he was troubled by financial excesses, particularly in the mortgage industry, demonizing the industry as a whole could discourage investment in key projects that help alleviate poverty. Much of Sanders' campaign-trail rhetoric is fiercely critical of Wall Street practices.
"I don't want to pick out a pitchfork or a brush and paint a broad brush over an entire industry," Booker said, citing the role financial institutions played in helping him develop a hotel and housing while serving as mayor of Newark, New Jersey.
"I'm going to lead the charge, as I did during the recession, going after the mortgage industry, which was really ravaging my city," he said. "But I'm also going to say that we can't go so far that we can't draw capital into our inner cities which desperately need to grow."
The full video of his reasoning can be found at the link below.
http://www.businessinsider.com/cory-booker-bernie-sanders-hillary-clinton-2016-2
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CORY BOOKER: Here are some reasons to pick Hillary Clinton over Bernie Sanders (Original Post)
aaaaaa5a
Feb 2016
OP
Lucinda
(31,170 posts)1. Thank you. Looking for ward to the video!
Dawson Leery
(19,348 posts)2. kick
jmowreader
(50,560 posts)3. Mayor Booker, there is one overarching reason to back Hillary over Bernie
"I, Rafael Theodore Cruz, do solemnly swear that I will faithfully execute the office of President..."
mgmaggiemg
(869 posts)4. thank-you for the post ;)
Cha
(297,323 posts)5. Thank you, aaaaaa5a!