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

DanTex

(20,709 posts)
Mon Jun 1, 2015, 04:47 PM Jun 2015

The most admired Dems of the 20th century were *much* more 1%-connected

than Hillary.

Yes, I'm talking about FDR and JFK.

FDR: aristocratic upbringing, fancy prep school, first job out of law school was as a Wall St lawyer, and his cousin was president.

JFK: father, whose money and influence propelled his political career, was a billionaire several times over in 2015 dollars, and made his first fortune speculating on stocks in the 20s (and was, err, "savvy" enough to make even more money shorting when the market crashed). Makes even FDR look like a Horatio Alger story.


So let's be serious. Speeches at Goldman Sachs? Really?

103 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
The most admired Dems of the 20th century were *much* more 1%-connected (Original Post) DanTex Jun 2015 OP
It's not the circumstances of their birth, it's the direction of their leadership whatchamacallit Jun 2015 #1
Hence, no one has pointed to the market value of her speeches and rather, focused on the their conte LanternWaste Jun 2015 #4
Not sure what you're asking whatchamacallit Jun 2015 #11
Are we to presume then that the money she charges for speeches are not an issue...? LanternWaste Jun 2015 #17
I'm not sure why you should presume that whatchamacallit Jun 2015 #20
Not only an issue , it's who she is . orpupilofnature57 Jun 2015 #57
+ 1OOO Them and Teddy saw trough the facade,, many of the middle class orpupilofnature57 Jun 2015 #6
Exactly. Hence, a coup planned against FDR, and an assassination carried out against JFK villager Jun 2015 #79
JFK was not an FDR. He was a moderate. In some ways, a conservative. pnwmom Jun 2015 #96
Ira Stoll is a right wing Conservative Liar. Salon article about JFK/right wings favorite LIE. LeftOfWest Jun 2015 #98
What specific issues in that article were wrong? Did he not increase military spending? pnwmom Jun 2015 #99
I agree with Salon Ira Stoll is a Conservative LIAR. LeftOfWest Jun 2015 #100
Did he not increase military spending? Did he not push for tax cuts? pnwmom Jun 2015 #101
Did not push through tax cuts, LBJ signed that law. truebluegreen Jun 2015 #103
Nice try, Dan. Wilms Jun 2015 #2
Seriousness is rarely modus operandi for a particular group whatchamacallit Jun 2015 #7
Her record is one of fighting for progressive causes. DanTex Jun 2015 #10
Then we're just a bunch of loons Wilms Jun 2015 #13
Not sure about that, but her record is definitely one of fighting for DanTex Jun 2015 #18
It's the bank thing. Wilms Jun 2015 #41
Aiming to blow up the world and impoverish us? Uhh, what? DanTex Jun 2015 #47
No. She wakes up and CALCULATES Wilms Jun 2015 #51
That is insanely conspiratorial. What makes you think she's sucking up, DanTex Jun 2015 #55
Ohhhh. I'm a "conspiracy theorist" now Wilms Jun 2015 #58
Well, yes. If you think she spends her time calculating how to suck up to billionaires, DanTex Jun 2015 #59
In and of itself, no. Wilms Jun 2015 #82
HRC seeking 20 new donors of $5 to $10 million each. Divernan Jun 2015 #86
That's what it's going to take to beat the GOP, unfortunately. DanTex Jun 2015 #89
Every friggin move she makes is to pander. Katashi_itto Jun 2015 #102
....x10 840high Jun 2015 #93
they didn't put themselves in the position of cali Jun 2015 #3
No more or less than Hillary. Less, in fact. DanTex Jun 2015 #8
They called FDR a class traitor. nt peecoolyour Jun 2015 #5
That's why FDR like his cousin Teddy Beat them in to Submission, orpupilofnature57 Jun 2015 #22
... Rex Jun 2015 #9
So you think a person should be judged based on the circumstances of their birth? Faryn Balyncd Jun 2015 #12
Of course not. Like Hillary, both of them fought for progressive causes. DanTex Jun 2015 #14
So what does being "connected to the upper crust" have to do with anything? Faryn Balyncd Jun 2015 #19
Well, I've noticed that people have taken to criticizing Hillary for being too connected DanTex Jun 2015 #21
conflict of interest cali Jun 2015 #24
You mean like having a billionaire father? Yeah, I guess that could be DanTex Jun 2015 #28
you apparently don't understand cali Jun 2015 #36
Ike raised it to 90% after a certain amount, JFK's cuts weren't shit compared orpupilofnature57 Jun 2015 #40
I agree. But Clinton did in fact raise the top rate. DanTex Jun 2015 #50
Yeah, that's why he was pulling out of Viet Nam to appease the MIC . orpupilofnature57 Jun 2015 #42
That's speculative. Numerically, he escalated Vietnam. And he invaded Cuba. DanTex Jun 2015 #52
Perhaps you might want to get your facts straight: JFK proposed cutting tax rates (from 20-91% Faryn Balyncd Jun 2015 #65
True, he was assissinated before he was able to accomplish his stated goal of cutting taxes. DanTex Jun 2015 #70
It would appear that your main assertion in your OP is an attempt to demonstrate that Faryn Balyncd Jun 2015 #83
That is correct. That was my point. DanTex Jun 2015 #85
+ 1000 Well Put !!!!!! orpupilofnature57 Jun 2015 #90
Nice info , Thanks orpupilofnature57 Jun 2015 #87
Look again, " Connected " is what got us in this mess, she isn't orpupilofnature57 Jun 2015 #34
Nothing unless your connected to the upper crust, remember orpupilofnature57 Jun 2015 #44
Hillary Cajoled, Scraped, and Angled to get there ,they were born . orpupilofnature57 Jun 2015 #26
the kennedy's had money, but DesertFlower Jun 2015 #15
Yes they did. Bill and Hillary, of course, have also spent immense effort on public service. DanTex Jun 2015 #16
It's made them Rich . orpupilofnature57 Jun 2015 #45
No, charitable work is not what made them rich. DanTex Jun 2015 #48
Oh I thought you meant Bill & Hillary entering politics . orpupilofnature57 Jun 2015 #88
FDR & JFK were 1%-connected. Hillary is 1%-indebted. bunnies Jun 2015 #23
bingo cali Jun 2015 #25
She's not indebted to anyone. In fact, she's very wealthy. DanTex Jun 2015 #27
Right. They expect nothing. bunnies Jun 2015 #30
Who knows what different people expect? But she owes nobody anything. DanTex Jun 2015 #35
What color is the sky on your planet? n/t whatchamacallit Jun 2015 #67
It is blue. Anything else? DanTex Jun 2015 #73
So.... All the campaign contributions are for what? bunnies Jun 2015 #74
For supporting candidates that people agree with and would like to see elected. DanTex Jun 2015 #80
"the people" aka the corporations. bunnies Jun 2015 #91
Corporation's can't contribute to federal campaigns. As you know. DanTex Jun 2015 #92
bwahahaha cali Jun 2015 #37
OK then. I'll chalk that one up in the "cali wants intelligent discussion" category. DanTex Jun 2015 #38
It's not about being connected to wealth, it's about the moneyed connections whatchamacallit Jun 2015 #53
By far the most moneyed connections bankrolling a campaign would be DanTex Jun 2015 #56
+1000 !!!! orpupilofnature57 Jun 2015 #46
Boom! peecoolyour Jun 2015 #54
She and Bill have an estimated wealth of 11 to 55 million dollars mythology Jun 2015 #60
Lol. Presuming they would use their own money (short by at least a billion) to bankroll her bid whatchamacallit Jun 2015 #64
egg-fucking-zactly. n/t lumberjack_jeff Jun 2015 #76
FDR welcomed their hatred. PeteSelman Jun 2015 #29
In a nutshell n/t whatchamacallit Jun 2015 #32
The advantage to being born wealthy is you can't be bought. The Velveteen Ocelot Jun 2015 #31
So I guess we need more class traitors AZ Progressive Jun 2015 #43
So the Bushes, Scaifes, Kochs, etc. are A-OK? YoungDemCA Jun 2015 #61
No; they are bad for other reasons. The Velveteen Ocelot Jun 2015 #63
You do realize how wealthy Bill and Hillary are, and have been since Bill left office, yes? YoungDemCA Jun 2015 #66
Yes, of course. I wasn't referring to anyone in particular. The Velveteen Ocelot Jun 2015 #69
Friedrich Engels TBF Jun 2015 #33
Clintonomics does not equal liberalism. nt Exilednight Jun 2015 #39
We have erected pyramids in honor of our escaping Fumesucker Jun 2015 #49
Cool . orpupilofnature57 Jun 2015 #71
The lesson I've learned from DU is that some people want a Great Man (TM) to save them YoungDemCA Jun 2015 #62
There is no such creature, and I think most of us know that. The Velveteen Ocelot Jun 2015 #68
Not exactly. One that *refuses* to be bought would be okay too. n/t lumberjack_jeff Jun 2015 #77
No. "some people" want a no bullshit representative of the people. bunnies Jun 2015 #78
I tend to focus on policies rather than genitalia. frylock Jun 2015 #81
You didn't do well in school did you? PeteSelman Jun 2015 #94
Probably a post better made in the BOG Fumesucker Jun 2015 #97
They had a spine. n/t moondust Jun 2015 #72
Noblesse oblige. lumberjack_jeff Jun 2015 #75
we need to look to the 1% for leadership, not condemn them alc Jun 2015 #84
Rich politicians don't have to grovel for money. McCamy Taylor Jun 2015 #95

whatchamacallit

(15,558 posts)
1. It's not the circumstances of their birth, it's the direction of their leadership
Mon Jun 1, 2015, 04:52 PM
Jun 2015

HRC will never be an FDR or JFK.

 

LanternWaste

(37,748 posts)
4. Hence, no one has pointed to the market value of her speeches and rather, focused on the their conte
Mon Jun 1, 2015, 04:55 PM
Jun 2015

Hence, no one has pointed to the market value of her speeches and rather, focused on the their contents?

 

LanternWaste

(37,748 posts)
17. Are we to presume then that the money she charges for speeches are not an issue...?
Mon Jun 1, 2015, 05:10 PM
Jun 2015

Are we to presume then that the money she charges for speeches are not an issue...?

whatchamacallit

(15,558 posts)
20. I'm not sure why you should presume that
Mon Jun 1, 2015, 05:15 PM
Jun 2015

And I'm not sure what her speaking fees have to do with my answer to the OP.

 

orpupilofnature57

(15,472 posts)
6. + 1OOO Them and Teddy saw trough the facade,, many of the middle class
Mon Jun 1, 2015, 04:56 PM
Jun 2015

are so taken in by and do Anything to attain, actually I'm talking about the Bush family and the Clinton's members of the 10% that work for the 1% .

pnwmom

(108,990 posts)
96. JFK was not an FDR. He was a moderate. In some ways, a conservative.
Tue Jun 2, 2015, 04:37 AM
Jun 2015
http://ideas.time.com/2013/10/14/jfk-was-a-political-conservative/

Far from being a big-spending liberal, Kennedy was a conservative by the standards of both his time and today. While he increased military spending, overall he restrained federal outlays. His plan for economic growth emphasized not deficits but tax-rate cuts that he argued would eventually pay for themselves by increasing government revenue. He reduced tariffs in pursuit of free trade, and he took a hard line against communism abroad and at home.

In more candid and private moments, Kennedy’s closest aides have acknowledged as much. At one closed-door Boston gathering of Camelot veterans, Theodore Sorensen said, “Kennedy was a fiscal conservative. Most of us and the press and historians have, for one reason or another, treated Kennedy as being much more liberal than he so regarded himself at the time … in fiscal matters, he was extremely conservative, very cautious about the size of the budget.”

What accounts for the misunderstanding? Part of it was wishful thinking by some of Kennedy’s more liberal aides.

Sorensen himself fueled this myth in his 1988 book Counselor, in which he claimed, “In his foreign policy speeches, JFK stayed out of the terminology trap, the common tendency to label groups with names that put them beyond the pale of negotiation, such as communist, or enemy, or evil.” That’s inaccurate. At Assumption College in 1955, Kennedy spoke of the Cold War in terms of “good vs. evil, right vs. wrong.” At the Mormon Tabernacle in 1960, Kennedy said, “The enemy is the communist system itself — implacable, insatiable, unceasing in its drive for world domination.” And in Berlin in 1963, Kennedy said, “There are some who say in Europe and elsewhere we can work with the communists. Let them come to Berlin.”

It’s not only Kennedy’s speeches that define him as a conservative, but also his actions in office. Kennedy had run in 1960 to the right of Richard Nixon on Cuba; as Nixon recalled it in his memoir, after their first televised presidential debate, “Kennedy conveyed the image — to 60 million people — that he was tougher on Castro and communism than I was.” In the Cuban missile crisis, Kennedy ordered a blockade, disregarding the advice of more dovish advisers such as McGeorge Bundy, Adlai Stevenson and Robert Lovett.

SNIP
 

LeftOfWest

(482 posts)
98. Ira Stoll is a right wing Conservative Liar. Salon article about JFK/right wings favorite LIE.
Tue Jun 2, 2015, 04:58 AM
Jun 2015
http://www.salon.com/2013/11/03/stop_calling_jfk_conservative_the_rights_favorite_new_lie_is_filled_with_historical_flaws/

"Stop calling JFK conservative: The right’s favorite new lie is filled with historical flaws"



The right's embrace of JFK is filled with historical flaws on taxes and abortion -- and ignores his real record. Never mind what Kennedy himself said, however.

Being a conservative, Ira Stoll is sure he knows better, although Daniel Larison at the American Conservative disagrees — “No, J.F.K. Wasn’t a Conservative,” his response is titled, as if Kennedy himself hadn’t made it clear enough."

about Ira Stoll:

"Instead of a coherent argument, we’re treated to an arbitrary hodgepodge that comes across like a bit from “SNL” or Comedy Central. We get claims ranging from downright false (“He pioneered supply side tax cuts,” um, no — his were Keynesian, demand-side cuts), to misleading (his welfare reform went in a more liberal direction), to irrelevant (“He was religious”), to bizarre — a precognition-based argument about one Supreme Court dissenting opinion a decade after his death. Individually, each claim is ludicrous on its face. Stoll’s only hope is to keep them constantly in motion, as in a game of three-card monte."




Ira Stoll is a right wing lying Conservative.


Shame these right wing conservative lies are being spewed here.

pnwmom

(108,990 posts)
99. What specific issues in that article were wrong? Did he not increase military spending?
Tue Jun 2, 2015, 05:08 AM
Jun 2015

Did he not push through tax cuts?


 

LeftOfWest

(482 posts)
100. I agree with Salon Ira Stoll is a Conservative LIAR.
Tue Jun 2, 2015, 05:14 AM
Jun 2015

Pushing the right wing lie that JFK was a Conservative.

"STOP CALLING JFK CONSERVATIVE."

I agree with Salon on that.

Ira Stoll, Conservative Liar who is spreading right wing lies.

Why are YOU pushing Conservative LIAR Ira Stoll.

Disgusting.

Why do you believe the right wing Conservative's lies about JFK and his framing of those lies?

pnwmom

(108,990 posts)
101. Did he not increase military spending? Did he not push for tax cuts?
Tue Jun 2, 2015, 06:02 AM
Jun 2015

Those are conservative, not liberal, positions.

I said JFK was a moderate. In some ways he was liberal and in other ways he wasn't. It was Johnson who pushed through The Great Society. If JFK had such plans, he didn't have time to achieve them.

 

truebluegreen

(9,033 posts)
103. Did not push through tax cuts, LBJ signed that law.
Tue Jun 2, 2015, 07:55 AM
Jun 2015

And FYI, while the tax rate went down, tax revenue went up, because of closed loopholes. Conservatives (ahem) always leave that part out.

whatchamacallit

(15,558 posts)
7. Seriousness is rarely modus operandi for a particular group
Mon Jun 1, 2015, 04:57 PM
Jun 2015

It's usually a never-ending bag of tricks.

 

Wilms

(26,795 posts)
13. Then we're just a bunch of loons
Mon Jun 1, 2015, 05:07 PM
Jun 2015

screaming Benghazi!1!! and pantsuit?

Um, no.

Bankers wanted to kill FDR, not fund his campaign.

 

Wilms

(26,795 posts)
41. It's the bank thing.
Mon Jun 1, 2015, 05:32 PM
Jun 2015

It's the foreign policy thing.

What's so hard for Hillary supporters to understand? Saying good things about about gender-equality and LGBT issues, while aiming to blow up the world and impoverish us here is NOT progressiveness. It's window dressing.

DanTex

(20,709 posts)
47. Aiming to blow up the world and impoverish us? Uhh, what?
Mon Jun 1, 2015, 05:38 PM
Jun 2015

You actually think she is "aiming to impoverish" Americans? Like, that's her goal, she wakes up and thinks, gee, how can I make people poorer.

Hmm.

 

Wilms

(26,795 posts)
51. No. She wakes up and CALCULATES
Mon Jun 1, 2015, 05:42 PM
Jun 2015

how she can suck up to Wall Street. THAT impoverishes a few of us.

Iraq vote alone. Anyone who didn't think that would set the ME on fire is a liar or an idiot or both.

Bernie did not vote for that.

Are you done making like you don't get it??

DanTex

(20,709 posts)
55. That is insanely conspiratorial. What makes you think she's sucking up,
Mon Jun 1, 2015, 05:46 PM
Jun 2015

or even more, "calculating" how to suck up?

Yeah, the Iraq War vote was a mistake. No question about it. Like, you know, the Bay of Pigs, or Vietnam (which, granted, was mostly that other great liberal hero, LBJ).

 

Wilms

(26,795 posts)
58. Ohhhh. I'm a "conspiracy theorist" now
Mon Jun 1, 2015, 05:53 PM
Jun 2015

I'm going to tell mommy you said that.

Meanwhile, "a mistake". LOL. How about "irresponsible"? OK? So instead of charging her, and all those that voted along, with murder, let's charge them with manslaughter.

DanTex

(20,709 posts)
59. Well, yes. If you think she spends her time calculating how to suck up to billionaires,
Mon Jun 1, 2015, 05:56 PM
Jun 2015

that's conspiratorial.

Wait, you think everyone in congress who voted for the IWR should face criminal charges? This keeps getting more interesting.

 

Wilms

(26,795 posts)
82. In and of itself, no.
Mon Jun 1, 2015, 06:54 PM
Jun 2015

A conspiracy involves two or more people. But a lot of folks don't know that, wrapped up as they are with the CIA's creation of the term "conspiracy theorist".

Look that up.

Divernan

(15,480 posts)
86. HRC seeking 20 new donors of $5 to $10 million each.
Mon Jun 1, 2015, 07:51 PM
Jun 2015

Just last Friday, she was in a Florida mansion charging a minimum of $2,700 per head for the pleasure of her company. So no pesky reporters taking notes on whatever she promised her donors in exchange for their support. But pity the fools who thought they'd get personal consideration for a measly $2,700.

As documented below, the Clinton campaign's goal is to get 20 new donors of $5 to $10 million each. Now THAT is how you get some input on selection of Supreme Court Justice nominations.

May 29/day-before-yesterday:
http://www.clickorlando.com/news/hillary-clinton-to-attend-central-florida-fundraiser/33281818

Presidential candidate and former Secretary of State Hillary Clinton will be in Central Florida on Friday.

Clinton is attending a fundraising event at the home of prominent Orlando attorney John Morgan. The event takes place at Morgan's Heathrow mansion.

According to the Orlando Sentinel, the minimum donation for attendance is $2,700 to Clinton's campaign fund, which is the maximum allowable under federal law per election.



And HRC is not doing well with raising the record amount she believes is the path to the presidency. This same report was carried in the New York Times today as well.

http://www.seattletimes.com/nation-world/democrats-need-richer-donor-list-to-keep-up-with-

"Ickes, who is a Priorities USA board member, and other Clinton supporters are discussing how to raise up to $300?million for Democratic outside groups. That is almost twice as much as Democratic super PACs and other outside groups spent to help re-elect President Obama in 2012, when conservative super PACs far outspent liberal ones.

This ambitious goal will require the emergence of a new class of at least 20 Democratic donors who can give $5?million or even $10?million each. Ickes said recruiting them would not be easy. “Our side isn’t used to being asked for that kind of money,” Ickes said. “If you asked them to put up $100?million for a hospital wing, they’d be the first in line.”

The hurdles begin with the candidate. While Clinton has committed to meeting with potential super PAC donors, people close to her say she has not dealt with the kind of big-donor courting that has framed the early months of the Republican race.

Clinton also faces a perception that neither she nor her husband, former President Bill Clinton, is lacking cash. Together, they earned at least $30?million in the past 16 months. And Bill Clinton’s aggressive courting of donors, in the White House and now as head of the Bill, Hillary & Chelsea Clinton Foundation, has been an enduring source of controversy.


The article points out that the Conservative PACs far outspent Obama, but still lost to him. Golly, gee whiz, boys and girls, is it just possible that HRC learned nothing from that fact? She & Bill are so fixated on socking away vast amounts of money and the life styles such cash affords them, that they do not understand that $$$$ are not necessarily the winning path to the Oval Office.

DanTex

(20,709 posts)
89. That's what it's going to take to beat the GOP, unfortunately.
Mon Jun 1, 2015, 08:21 PM
Jun 2015

Obama and his team understood this. Hopefully wealthy liberals in the tradition of FDR and JFK will step up to the plate. I think she'll be able to raise a lot, leveraging the donor base that Obama built.

 

Katashi_itto

(10,175 posts)
102. Every friggin move she makes is to pander.
Tue Jun 2, 2015, 06:11 AM
Jun 2015

If Bernie wasn't in the race we wouldn't hear anything progressive at all. Once Bernie drops she will drop any pretense at progressive ideals.

DanTex

(20,709 posts)
8. No more or less than Hillary. Less, in fact.
Mon Jun 1, 2015, 04:57 PM
Jun 2015

I'm pretty sure if Hillary's campaign was primarily financed by a semi-shady billionaire who first got rich with semi-shady wall street speculation, the fact that this benefactor was her father wouldn't really placate anyone.

 

orpupilofnature57

(15,472 posts)
22. That's why FDR like his cousin Teddy Beat them in to Submission,
Mon Jun 1, 2015, 05:16 PM
Jun 2015

whenever and however they could, coming from that background took away any feelings of inferiority, as with most sycophants who mean only to climb out of what they say they'll protect, the middle class and the poor, Dick Nixon, Adolph Hitler, the Bush family, and Hillary Clinton all from the OUR class.

DanTex

(20,709 posts)
14. Of course not. Like Hillary, both of them fought for progressive causes.
Mon Jun 1, 2015, 05:08 PM
Jun 2015

I admire all three. Even though, like Hillary, they made some highly questionable decisions, and were certainly much more connected to the upper crust than the average American.

DanTex

(20,709 posts)
21. Well, I've noticed that people have taken to criticizing Hillary for being too connected
Mon Jun 1, 2015, 05:16 PM
Jun 2015

to the 1%. Which doesn't make much sense, so I was hoping to give some perspective.

DanTex

(20,709 posts)
28. You mean like having a billionaire father? Yeah, I guess that could be
Mon Jun 1, 2015, 05:22 PM
Jun 2015

a conflict of interest if you're going to be raising taxes on billionaires. Do you think that's why JFK cut the top tax rate and Bill Clinton raised it? I doubt it.

DanTex

(20,709 posts)
52. That's speculative. Numerically, he escalated Vietnam. And he invaded Cuba.
Mon Jun 1, 2015, 05:43 PM
Jun 2015

He didn't escalate Vietnam very much, by far most of the escalation was by that other liberal hero, LBJ.

Faryn Balyncd

(5,125 posts)
65. Perhaps you might want to get your facts straight: JFK proposed cutting tax rates (from 20-91%
Mon Jun 1, 2015, 06:06 PM
Jun 2015

... to 14-65%), but his proposals to cut tax rates were not passed into law.
http://www.jfklibrary.org/JFK/JFK-in-History/JFK-on-the-Economy-and-Taxes.aspx

During the Johnson administration, the Revenue Act of 1964 lowered tax rates to 16-77% for the 1964 tax year, and to 14-70% for tax years 1965 and following (from the 20-91% rate that had been established by the Internal Revenue Code o1954).
http://www.taxpolicycenter.org/legislation/1960.cfm#1962
http://taxfoundation.org/sites/taxfoundation.org/files/docs/fed_individual_rate_history_adjusted.pdf

During the Clinton administration income tax rates that had been 15-31% since the Omnibus Budget Reconciliation Act of 1990, were raised to 15-39.6% by the Omnibus Budget Reconciliation Act of 1993.
http://taxfoundation.org/sites/taxfoundation.org/files/docs/fed_individual_rate_history_adjusted.pdf



So, even if JFK had "cut the top tax rate" (which you stated he did, and which he proposed, but which he did not do), the circumstances that existed in 1960 were totally different than in 1992. (91% vs 31% top marginal tax rates in 1960 and 1992 respectively).



















DanTex

(20,709 posts)
70. True, he was assissinated before he was able to accomplish his stated goal of cutting taxes.
Mon Jun 1, 2015, 06:19 PM
Jun 2015

And also true, LBJ didn't get as big a tax cut as JFK wanted.

I don't see how any of that makes much difference to the point i was making.

Faryn Balyncd

(5,125 posts)
83. It would appear that your main assertion in your OP is an attempt to demonstrate that
Mon Jun 1, 2015, 07:15 PM
Jun 2015

... the birth of FDR and JFK into circumstance of wealth make them "1% Connected" and to neutralize criticism of HRC's likely positions, which you illustrate by saying "let's be serious. Speeches at Goldman Sachs? Really?". You later elaborated by saying, "people have taken to criticizing Hillary for being too connected to the 1%.",

But to conflate being born into wealth while advancing policies that favored average Americans (as FDR did, for which he was labeled a "traitor to his class" by conservatives), with being backed by, and seeking council from, Wall Street insiders, seems an example of less than sound reasoning.




Then, when someone mentions "conflict of interest", rather than addressing the issues of HRC's policy positions, her advisers, or her backers, you appear to attempt to deflect this point by discussing JFK's lowering of top tax rates, and Bill Clinton's raising of tax rates.

This again seems to be based on less than sound reasoning, primarily because of the vastly different preexisting tax rates in 1960 and 1992 (91% vs 31%).

When it is pointed out that, in addition to this vast difference in circumstance, that your statement that JFK lowered top tax rates is not even historically correct, you reply by saying that you don't see "what difference" it makes.

Yet, you still do not address the fact that criticism of HRC is primarily based on policy, not on some vague perception of "1% connected"-ness.




The entire drift of this thread seems to be divert attention to policy by attacking a straw man (the straw man being the false portrayal of criticism of HRC as "1% connected"-ness rather than policy based.)

That's the major point.










DanTex

(20,709 posts)
85. That is correct. That was my point.
Mon Jun 1, 2015, 07:41 PM
Jun 2015

Hillary, of course, also backs policies that favors average Americans. The person mentioning "conflict of interest" didn't bring up any policies. They just said "conflict of interest" as if to say that somehow Hillary had more of a conflict of interest than JFK or FDR, people who were not just supported by aristocrats, but who actually were aristocrats. The top tax rate thing was half in jest -- no I don't think JFK cut the top tax rate to make his dad more money. He did it because he thought it was best for the economy. The same reason that Bill Clinton raised it. And, yes, circumstances were vastly different, and yet there is no doubt that what JFK did was extremely helpful to high earners.

But the main point I'm making is that, by any measure, when it comes to the truly rich, FDR and JFK had much more of a conflict of interest than Hillary. To their credit, they didn't let this conflict of interest dictate their policy, just as Hillary's (much smaller) connections with the upper crust don't dictate hers. Which is what makes all the talk about how Clinton was paid for giving speeches by some banks so absurd.

By all means, let's discuss policy. Hillary's voting record on economic issues when she was in congress is solidly progressive, and not very different from Bernie's. There are no policy-based reasons to believe that Hillary is "aiming to impoverish us" as one other poster in this thread put it. There are no policy reasons to believe that she cares more about the 1% than ordinary Americans. I will concede that she's not as economically progressive as Bernie, although in practice that's not going to matter because the areas where Bernie is further left than Hillary aren't going to get through congress anyway. But to outright say that Hillary doesn't care about middle and working class Americans is just, well, stupid.

 

orpupilofnature57

(15,472 posts)
34. Look again, " Connected " is what got us in this mess, she isn't
Mon Jun 1, 2015, 05:26 PM
Jun 2015

connected to a solution since her husband was President .

 

orpupilofnature57

(15,472 posts)
44. Nothing unless your connected to the upper crust, remember
Mon Jun 1, 2015, 05:36 PM
Jun 2015

at the top of the cream of the crop, theres always scum .

 

orpupilofnature57

(15,472 posts)
26. Hillary Cajoled, Scraped, and Angled to get there ,they were born .
Mon Jun 1, 2015, 05:19 PM
Jun 2015

I wouldn't even try to compare a modern politician to them, unless we're talking about alignment in philosophies, then we can compare Bernie Sanders to them and Teddy Roosevelt .

DesertFlower

(11,649 posts)
15. the kennedy's had money, but
Mon Jun 1, 2015, 05:08 PM
Jun 2015

they all went into some kind of public service. tried to help those less fortunate than them.

that being said i'm not bashing hillary. bernie is my first choice, but if hillary is the nominee she will get my vote.

DanTex

(20,709 posts)
48. No, charitable work is not what made them rich.
Mon Jun 1, 2015, 05:39 PM
Jun 2015

What made them rich is writing and speaking. For some reason, people like to read and listen to them.

DanTex

(20,709 posts)
27. She's not indebted to anyone. In fact, she's very wealthy.
Mon Jun 1, 2015, 05:20 PM
Jun 2015

Some people have paid her for speeches, but they got their speeches. Speech-giving isn't indentured servitude.

whatchamacallit

(15,558 posts)
53. It's not about being connected to wealth, it's about the moneyed connections
Mon Jun 1, 2015, 05:43 PM
Jun 2015

bankrolling her presidential bid. She will owe and we will pay.

DanTex

(20,709 posts)
56. By far the most moneyed connections bankrolling a campaign would be
Mon Jun 1, 2015, 05:48 PM
Jun 2015

Joe Kennedy. A semi-corrupt billionaire (in 2015 dollars), probably the single most responsible force behind JFK's entire career. So there's that.

Clinton, and the Democrats generally this time around, are tapping pretty much the same wealthy donor base as Obama did. People like Soros, Thomas Steyer, etc. They're rich, but they're also liberal. You know, like JFK and FDR.

 

mythology

(9,527 posts)
60. She and Bill have an estimated wealth of 11 to 55 million dollars
Mon Jun 1, 2015, 05:58 PM
Jun 2015

That means they aren't indebted and in fact have fuck off money.

whatchamacallit

(15,558 posts)
64. Lol. Presuming they would use their own money (short by at least a billion) to bankroll her bid
Mon Jun 1, 2015, 06:05 PM
Jun 2015

She will be owned.

The Velveteen Ocelot

(115,829 posts)
63. No; they are bad for other reasons.
Mon Jun 1, 2015, 06:04 PM
Jun 2015

My point was only that a rich politician doesn't necessarily need the money of corporations and lobbyists. It doesn't mean that they won't be horrible assholes for some other reason. Also, Scaife and the Kochs are not elected officials; they buy elected officials - those that can be bought. And nobody had to try to bribe the Bush family to do bad things. They were already bad.

 

YoungDemCA

(5,714 posts)
66. You do realize how wealthy Bill and Hillary are, and have been since Bill left office, yes?
Mon Jun 1, 2015, 06:07 PM
Jun 2015

And no, that wealth has nothing to do with bribery from corporations or lobbyists.

The Velveteen Ocelot

(115,829 posts)
69. Yes, of course. I wasn't referring to anyone in particular.
Mon Jun 1, 2015, 06:11 PM
Jun 2015

Just the general issue of whether and to what extent money affects the actions of politicians.

TBF

(32,086 posts)
33. Friedrich Engels
Mon Jun 1, 2015, 05:26 PM
Jun 2015

Was born to a wealthy cotton manufacturer in Prussia. Great argument that birth is not always destiny.

But what has Hillary done to show us her commitment to the working class? (and I think answering that is the key to getting the support she needs). Personally I'm supporting Bernie at present, but Clinton is still a better choice than many of the candidates out there. Her job will be to convince us what she can do to help middle America. "Trickle down" isn't going to cut it.

 

YoungDemCA

(5,714 posts)
62. The lesson I've learned from DU is that some people want a Great Man (TM) to save them
Mon Jun 1, 2015, 06:02 PM
Jun 2015

Emphasis on the man. Preferably a rich white one, who "can't be bought."

The Velveteen Ocelot

(115,829 posts)
68. There is no such creature, and I think most of us know that.
Mon Jun 1, 2015, 06:10 PM
Jun 2015

The issue is whether and to what extent a politician can be bought or bribed or corrupted or otherwise persuaded by contributors or other 1%ers to act contrary to the interests of the people who elected him/her or whose votes he/she is soliciting. Anyone who thinks any single person can, if elected, single-handedly fix everything is dreaming. However, it's always fair to question how much a candidate's allegiances are affected by money.

 

bunnies

(15,859 posts)
78. No. "some people" want a no bullshit representative of the people.
Mon Jun 1, 2015, 06:36 PM
Jun 2015

I'll ignore the sexist / racist bullshit accusations. Its not worth addressing.

PeteSelman

(1,508 posts)
94. You didn't do well in school did you?
Tue Jun 2, 2015, 02:42 AM
Jun 2015

THAT'S what you've gleaned from this thread? Really?

I'm sure everyone would be happy with Warren or ANYONE, male or female, with the guts to stand up to the corporate slime that own this country.

You've chosen to pretend there's something sexist about liking FDR over Hillary when it has nothing to do with gender and everything to do with policy.

 

lumberjack_jeff

(33,224 posts)
75. Noblesse oblige.
Mon Jun 1, 2015, 06:33 PM
Jun 2015

The modern aristocracy have the idea of noblesse oblige exactly backwards.

Instead of "to whom much is given, much is required", they believe that "All this job creatin' is hard work! I deserve more!"

alc

(1,151 posts)
84. we need to look to the 1% for leadership, not condemn them
Mon Jun 1, 2015, 07:24 PM
Jun 2015

Or we could just judge everyone one their merits and not give a flip if they're in the 1% or 10% or 20% or 99% or if we don't even know.

Being in the 1% does mean we should give an extra bit of scrutiny to their associates and potential obligations (especially if it happened over a short time and recently). Even if only one side thought there was a quid pro quo, it can make things messy. By no means a disqualifier but not something to ignore either. If voters don't do our due diligence on candidates we are as screwed as companies that ignore due diligence on mergers.

Latest Discussions»General Discussion»The most admired Dems of ...