READER COMMENTS ON
"Contempt and Contemptible!: 'BradCast' 9/3/2015"
(4 Responses so far...)
COMMENT #1 [Permalink]
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Orangutan
said on 9/3/2015 @ 10:01 pm PT...
COMMENT #2 [Permalink]
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Ernest A. Canning
said on 9/4/2015 @ 9:01 am PT...
With all due respect, Hillary Clinton’s tactical decision to appear jointly with Sen. Elizabeth Warren (D-MA) and announce her support for legislation that limits "the revolving door between Washington and Wall Street, and ban 'golden parachute' payments for financial executives who rotate into government services" is a far cry from an abandonment of her deep financial ties to Wall Street (mislabeled by David Dayen as the "Robert Rubin wing" of the Democratic Party) in favor of the party's progressive wing (referred to by Dayen as the "Warren wing").
Rubin, a Citigroup Senior VP and self-enriching neoliberal prophet, served as Bill Clinton's Secretary of Treasury. He and Alan Greenspan were the architects of Wall Street deregulation, that included the repeal of Glass-Steagall. According to Nobel Prize-winning economist, Joseph Stiglitz those policy decisions during the Bill Clinton presidency created the fraudulent Wall Street casino and were the central force that led to the 2008 global economic meltdown.
There is no indication that, if elected, Hillary, whose campaign has received more money from Citigroup than any other contributor (Goldman Sachs is number 2), would not follow Barack Obama in retaining Rubin’s protégé, like Larry Summers, as her closest economic advisors; certainly no indication that she'd retain genuinely progressive economists like Stiglitz and Paul Krugman. And, Clinton has refused to join Warren and Sen. Bernie Sanders (I-VT) in backing legislation that would reign in Wall Street speculation by reinstating Glass Steagall.
I would respectfully suggest that Hillary Clinton's joint appearance with Warren was simply an example of Wall Street's "Br're Rabbit Strategy" in which she ostensibly "turns to the left" as she retains her support for structural policies that benefit her Wall Street funders.
COMMENT #3 [Permalink]
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Adam
said on 9/4/2015 @ 2:16 pm PT...
If saying things without action is "lip service," joint appearances without action to accompany it is hollow "eye service."
COMMENT #4 [Permalink]
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Ernest A. Canning
said on 9/4/2015 @ 2:32 pm PT...
Good point, Adam @3. Hillary Clinton is the classic packaged candidate. It's all about "image." Here, by appearing jointly with Warren, she's projecting the "image" of a progressive; yet her opposition to reinstating Glass Steagall, to Sanders' call to break up the too big to fail banks, her refusal to reject Keystone or to support a $15/hour minimum wage, and the identity of her primary campaign contributors betrays her true "substance."