2016 Postmortem
Related: About this forumMSNBC: "CLINTON’S CONNECTIONS TO BANKS ‘HIGHLIGHT’ HER ‘ELIZABETH WARREN PROBLEM’"
BRZEZINSKI: The banks issue highlight what is some might call Hillary Clintons Elizabeth Warren problem. Her speeches and connections to the big banks leave her open the criticism maybe even more than that. Is logic, here, in terms of what has happened about special interests demonstrated by this story from Elizabeth Warren back in 2004.
WARREN: She said Professor Elizabeth Warren, weve got to stop that awful bill. Referring to this bankruptcy bill thats sponsored by the credit card companies. So I left, she went back to Washington and I heard later from someone who was a white House staffer that there were skid marks in the hallways when Mrs. Clinton got back as people reversed direction on that bankruptcy bill. And in her autobiography, Mrs. Clinton took that veto and she rightly should. She turned a whole administration on the subject of bankruptcy....One of the first bills that came up after she was senator Clinton was the bankruptcy bill.... She voted in favor of it.... As Senator Clinton, the pressures are very different. Its a well-financed industry. A lot of people dont realize that the industry that gave the most money to Washington over the past few years was not the oil industry, was not pharmaceuticals, it was consumer credit products. Those are the people, the credit card companies have been giving money and they have influence.... She has taken money from the groups and, more to the point, she worries about them as a constituency.
link to video clip
BRZEZINSKI: Well, Hillary Clinton hasnt released transcripts of her paid speeches to Wall Street. Back in December, 2013, politico reported the following on a speech she made to Goldman Sachs. On a recent afternoon, executives at Goldman Sachs invited a few hundred major investors to the Conrad hotel in lower Manhattan. The bankers and their guests filed into a large room and turned their eyes to hunk. Ordinarily, these masters of the universe might have groaned at the idea of a politician taking to the microphone but Clinton offered a message that plutocrats found reassuring. Declaring that the banker bashing so popular within both political parties was unproductive and indeed foolish. Striking a soothing note on the global financial crisis, she told the audience in effect We all got into this mess together and were all going to have to work together to get out of it. What the bankers heard her say was just what they would hope for from a prospective presidential candidate. Beating up the finance industry isnt going to help improve the economy, it needs to stop. And, indeed, Tim oneil who heads the banks asset management business introduced Clinton by saying how courageous she was by speaking at the bank. Brave, perhaps, but also well compensated. Clintons minimum fee for paid remarks is $200,000.
Kelvin Mace
(17,469 posts)right there.
Bought and paid for.
Awknid
(381 posts)peacebird
(14,195 posts)But I am pretty confident that was not her message to the banksters....
Glad this seems to have legs.
Attorney in Texas
(3,373 posts)Jarqui
(10,126 posts)"We're still coming after you guys for trashing our economy.
We're going to hit you with billion dollar fines and pardon a bunch of pot heads to make room in our prisons for you criminals!
We're going to bust you up! And we're going to put the screws to you so bad, your arses will squeak with stringent regulations!"
And upon hearing that Goldman Sachs said "Hillary, that was great. We've got another quarter million for you if you'd like to speak with more of our employees". (which Hillary did more than once)
Attorney in Texas
(3,373 posts)Jarqui
(10,126 posts)Why Wall Street Loves Hillary
http://www.politico.com/magazine/story/2014/11/why-wall-street-loves-hillary-112782
Lament of the Plutocrats
http://www.politico.com/magazine/story/2013/12/wall-street-white-house-republicans-lament-of-the-plutocrats-101047
I had read comments in an article somewhere wondering about a Romney-like 47% comment existed in these speeches that would be brought out in the general election
underpants
(182,826 posts)Morning Joe knows who Bill Moyers is? When will they have him on the show?