2016 Postmortem
Related: About this forumHillary Clinton and the Northern Strategy
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Ask a group of liberals what they want in a candidate, and youll get a sketch of a champion who will fight for income equality, rein in big banks, defeat ruinous trade agreements, restore our battered civil liberties, look to diplomacy before war, and stop the devastation of our climate. Sure enough, in every election year Democratic candidates come along peddling such wares...
http://www.counterpunch.org/2016/01/22/hillary-clinton-and-the-northern-strategy/
thereismore
(13,326 posts)worked against it"
islandmkl
(5,275 posts)we keep waiting for the candidate that doesn't sell US down the road once they get in office...
it's time to stop being "all the people, all the time..."
islandmkl
(5,275 posts)MisterP
(23,730 posts)to take over for the state's pullout and disinvestment: individuals and universities just had to manage "smartly," like Cramer and Orman yelled at you to
oil in the mid-80s, S&Ls in the late 80s, IT/telecom early 90s, dotcoms until 1999, housing until 2007--all were "surefire, inflation-proof investments" that'd never go down
the safety net could be minimaxed down and blamed for any deficit, service jobs would take over outsourced manufacturing (Canada's economy's no less service-dominated); even Massachusetts Miracle technocrat Tsongas got the ball rolling by saying Dems shouldn't concern themselves with how money's distributed, just to "make the pie higher"
what happened, of course, was that the top 15-20% profited--plenty of neo-gentry living off investments, and somebody's gotta be buying all those McMansions nobody living off wage work can afford; but their situations are very precarious, too, so it's only nominally "working out" for them
hedda_foil
(16,375 posts)This piece is SO on the money
She bills herself a champion of Main Street over Wall Street, but she has been a lackey of Wall Street her entire political life.
Candidate Clinton has put forward what she calls a bold plan to reform the excesses of Wall Street, including a tax on high-frequency trading. Just one problem: her proposal is very narrowly targeted to one specific practice, in which a trading computer tells a marketplace that its going to make a large number of trades but then cancels them before they go through, writes Alan Pyke at ThinkProgess. All other forms of HFT would be free to continue as normal under the proposal. Only a dupe would have expected otherwise. Clintons Wall Street record has been littered, in and out of the Senate, with such gems as refusing to reinstate the Glass-Steagall Act (whose elimination contributed mightily to the crash of 2008 and our current Great Recession), rebuffing calls to break up big banks, and helping big banks screw their customers by making it ridiculously hard to declare bankruptcy and renegotiate crushing credit card debts. In fact, thanks to Senator Clinton and others, its easier for a bank to declare bankruptcy and renegotiate its debts than it is for you. Does it surprise you that four of her top five donors over the last 16 years are Wall Street firms? If so, count yourself among the duped. Are you shocked that among the truly unscrupulous tycoons she has taken cash from is one Donald Trump? The Don, in addition to giving big to her senate campaigns, gave between $100,000 and $250,000 to the Clinton Foundation. Populist babble may burble off Clintons lips on the campaign trail, and Democrats may fall for it, but [d]own on Wall Street they dont believe it for a minute, Politicos William Cohen writes. Whats more, the big bankers love Clinton, and by and large they badly want her to be president. (Many are the reports that have said the same.) I dont know whats sadderthat Big Money is smarter than the average Dem, or that average Dems will be shocked when she chooses Wall Street over them if she lands in the Oval Office