The Road to POTUS is paved with good intentions.

Wrongdoing or evil actions are often masked by good intentions, and sometimes good intentions, when acted upon, may have unforeseen tragic consequences.

FAIR USE NOTICE

A BEAR MARKET ECONOMICS BLOG SITE

OCCUPY REVOLUTIONARY CHANGE

OCCUPY THE ROAD TO POTUS

FAIR USE NOTICE

This site may contain copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in an effort to advance understanding of environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. we believe this constitutes a ‘fair use’ of any such copyrighted material as provided for in section 107 of the US Copyright Law.

In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml

If you wish to use copyrighted material from this site for purposes of your own that go beyond ‘fair use’, you must obtain permission from the copyright owner.

FAIR USE NOTICE FAIR USE NOTICE: This page may contain copyrighted material the use of which has not been specifically authorized by the copyright owner. This website distributes this material without profit to those who have expressed a prior interest in receiving the included information for scientific, research and educational purposes. We believe this constitutes a fair use of any such copyrighted material as provided for in 17 U.S.C § 107.

Read more at: http://www.etupdates.com/fair-use-notice/#.UpzWQRL3l5M | ET. Updates
FAIR USE NOTICE FAIR USE NOTICE: This page may contain copyrighted material the use of which has not been specifically authorized by the copyright owner. This website distributes this material without profit to those who have expressed a prior interest in receiving the included information for scientific, research and educational purposes. We believe this constitutes a fair use of any such copyrighted material as provided for in 17 U.S.C § 107.

Read more at: http://www.etupdates.com/fair-use-notice/#.UpzWQRL3l5M | ET. Updates

All Blogs licensed under Creative Commons Attribution 3.0

Creative Commons License
This work is licensed under a Creative Commons Attribution 3.0 Unported License.

Monday, May 11, 2015

Hillary, Bill, and the Big Six Banks


Published on
Friday, May 08, 2015
byTomDispatch

Hillary, Bill, and the Big Six Banks

by
Andy Kroll
 
 
Goldman Sachs alum Jon S. Corzine kisses Democratic presidential candidate Hillary Rodham Clinton in 2007. (Photo: AP / Mel Evans)


She eats at Chipotle. (Order: chicken burrito bowl.) She travels by van. (Model: A Chevy Express Explorer Limited SE nicknamed the "Scooby" van.) She barely figures in her own presidential campaign announcement video. (Entrance timing: A minute and a half into the two-minute clip.) Her campaign staff is so cheap they don't have business cards, they commute by Bolt Bus, and they aren't even equipped with real phones.

This is the "new" Hillary Clinton in the early days of her 2016 presidential bid. Absent -- for now -- are the swagger, the grand pronouncements, the packed gymnasiums and auditoriums, and the claques of well-paid consultants falling over each other to advise and guide her that we saw in Clinton's last presidential bid. This time around, Clinton is casting herself in a new role: as the humble and understated people’s candidate. She cares about "everyday Iowans" and "everyday Granite Staters." She really does! Her carefully staged events with those "everyday" Americans at small-town coffee shops and local businesses give her the chance to "share ideas to tackle today’s problems and demonstrate her commitment to earning their votes.

This effort to recast Clinton as a folksy, down-to-earth, woman of we-the-people is, however, about to collide with the reality of American politics in the money-crazed, post-Citizens United era. Winning the White House in 2016 will cost somewhere between $1 billion and $3 billion -- money raised by the candidate's own campaign and outside groups like super PACs and dark-money nonprofits. And this in an election where it’s already estimated that the overall money may hit $10 billion. Jeb Bush, arguably the most formidable candidate in the GOP field, is on his way to raising $100 million in just the first few months of 2015, a year and a half before the actual election. The prospect of being drastically outgunned by Bush has prodded Clinton to speed up her fundraising schedule and hit the donor circles in New York City and Washington in settings that couldn't be more removed from the local Chipotle. "I need to get out there earlier," Politico quoted her telling one of her aides.

In the coming months, whatever hours Clinton spends introducing herself to voters in small-town America, she will spend hundreds more raising money in four-star hotels and multimillion-dollar homes in Hollywood and San Francisco, New York and Boston, Washington and Miami. She will court wealthy liberals across the land and urge them to collectively give tens of millions of dollars to her campaign. The question underlying this inevitable mad dash for cash isn’t "Can Hillary Clinton raise the funds?" The Clintons are practiced buckrakers.

The question is: "Can Clinton claim to stand for 'everyday Americans,' while hauling in huge sums of cash from the very wealthiest of us?"

This much cannot be disputed: Clinton's connections to the financiers and bankers of this country -- and this country's campaigns -- run deep, as Nomi Prins, former Wall Street exec and author of All the Presidents' Bankers: The Hidden Alliances that Drive American Power (just out in paperback), writes: The Clintons and Their Banker Friends.  As she documents in her book, the Clintons have longstanding ties to the mightiest banks on Wall Street. Those alliances will prove vital as Hillary tries to keep up in the “money primary” of the 2016 campaign. But as she tries to appeal to working and middle class people, you can expect her opponents to use Clinton's Wall Street connections against her.
And it’s reasonable to ask: Who counts more to such a candidate, the person you met over that chicken burrito bowl or the Citigroup partner you met over crudités and caviar?
© 2014 TomDispatch.com
 
Andy Kroll is a reporter in the D.C. bureau of Mother Jones magazine and an associate editor at TomDispatch.com.
Posted by NOTES FROM THE WILDSIDE at 7:07 AM
Email ThisBlogThis!Share to XShare to FacebookShare to Pinterest

No comments:

Post a Comment

Newer Post Older Post Home
Subscribe to: Post Comments (Atom)

Jill Stein

Jill Stein
POTUS

Featured Post

Jill Can Carry Bernie’s Baton!

Can Jill Carry Bernie’s Baton? A Look at the Green Candidate’s Radical Funding Solution by Ellen Brown / August 3rd, 2016 Be...

Sister Publications Definition

A sister publication generally relates to two or more publications that cluster under a related 'umbrella' or should be considered together.

Sister Publications List

  • About Hillary Clinton and Her Connections
  • Bear Market Economics
  • Bernie's Broad and Universal Message
  • Other Issues

Promises

Promises
Horse pucks.

Popular Posts

  • How Bernie Sanders WILL Win the Democratic Nomination
    theindependentthinker2016 Independent Thought for an Independent World How Bernie Sanders WILL Win the Democratic Nomination Po...
  • I’m for “Jill, Not Hill”
    I’m for “Jill, Not Hill” by Gary Olson / August 4th, 2016 When detractors accused the great English economist John Maynard​ Keynes ...
  • Consider for a Moment: Why God Created the Two-Party System
    Why God Created the Two-Party System by Gary Leupp / June 22nd, 2016 In the beginning —  as you know — God created the heavens and ...
  • Trump Is the Symptom, Clinton Is the Disease
    Trump Is the Symptom, Clinton Is the Disease Open Letter to My Progressive Pal Who Votes for the Lesser-of-Two-Evils by Roger D. H...
  • The Sanders Sell-Out and the Clinton Wars to Come
    The Sanders Sell-Out and the Clinton Wars to Come Don’t Call Him “Bernie” Anymore by Gary Leupp / July 13th, 2016 The worst diss...
  • The real source of Hillary’s transparency problem
    YAHOO News The real source of Hillary’s transparency problem Early in their political lives, the Clintons needed to maintain a level ...
  • Hillary Clinton Is The Most Establishment-Approved Candidate On Record and it's Achilles' Heel
    2016 ELECTION 10:13 AM   NOV 13, 2015  Hillary Clinton Is The Most Establishment-Approved Candidate On Record It’s become a r...
  • Hillary Clinton’s Loyal Confidants: Her Fatal Flaw?
    VANITYFAIR How Hillary Clinton’s Loyal Confidants Could Cost Her the Election STAND BY ME  Faces change, but Hillary Clinton ...
  • Why “Blue No Matter Who” is Bullshit…
    Progressive, Liberal, Informative and Honest Why “Blue No Matter Who” is Bullshit… BY  JULIAN DRURY   ON APRIL 21, 2016 Screw...
  • Why Mitt screws up
    SALON Saturday, Jul 28, 2012 07:00 AM EDT ...

Search This Blog

Blog Archive

  • ►  2016 (100)
    • ►  October (1)
    • ►  September (1)
    • ►  August (4)
    • ►  July (6)
    • ►  June (18)
    • ►  May (23)
    • ►  April (37)
    • ►  February (2)
    • ►  January (8)
  • ▼  2015 (21)
    • ►  December (2)
    • ►  November (1)
    • ►  September (9)
    • ►  August (4)
    • ▼  May (2)
      • Hillary, Bill, and the Big Six Banks
      • Why Bernie Sanders' Candidacy Matters
    • ►  April (1)
    • ►  March (2)
  • ►  2014 (15)
    • ►  November (3)
    • ►  May (1)
    • ►  April (1)
    • ►  March (4)
    • ►  February (3)
    • ►  January (3)
  • ►  2013 (10)
    • ►  December (1)
    • ►  November (5)
    • ►  July (4)
  • ►  2012 (93)
    • ►  November (2)
    • ►  October (4)
    • ►  September (6)
    • ►  August (27)
    • ►  July (27)
    • ►  June (11)
    • ►  May (9)
    • ►  April (6)
    • ►  January (1)
  • ►  2011 (25)
    • ►  December (1)
    • ►  November (3)
    • ►  September (2)
    • ►  August (16)
    • ►  April (3)
Simple theme. Theme images by lobaaaato. Powered by Blogger.