2016 Postmortem
Related: About this forumHillary Reassures Wall St that Nothing Will Change
After months of trying to
distance herself from Bill,
Hillary is now ready to embrace
him as a reassurance to her
biggest donors... Wall St!
Hillary boosters have repeatedly
cried foul whenever She was
rightfully included in the criticism
of Clinton's miserable neo-liberal
economic policies.
NOW Hillary in a blatant nepotistic,
crony capitalist maneuver has stated
she intends to put her husband
in charge of the nations wealth spigot.
Lest ye forget the olden days, Bill was
working with Newt Gingrich to privatize
Social Security!
http://www.cato.org/publications/commentary/clinton-wanted-social-security-privatized
What does this mean for Hillary's campaign?
Some say this is a move of desperation.
Others belive she is using Bill as a shiny object
to distract from her lack of a coherent economic plan.
Apparently platitudes aren't a policy?
Despite all the tap dancing and attempts
to wriggle out of admitting She is in
the pocket of Wall St, She and Bill
are at the ready to resume right where
they left off... selling the nation off
to the highest bidder!
Memo to Hillary: Do Not Put Bill in Charge of the Economy
http://time.com/4337818/hillary-clinton-bill-economy/
My Good Babushka
(2,710 posts)on whether or not she is going to privatize Social Security.
Cosmic Kitten
(3,498 posts)She will *strengthen* it
Meaning what exactly???
Octafish
(55,745 posts)The author was a Chicago Boy helping implement the privatization scam for Pinochet, ITT and the globalist crowd:
President Clinton and the Chilean Model.
By José Piñera
Midnight at the House of Good and Evil
"It is 12:30 at night, and Bill Clinton asks me and Dottie: 'What do you know about the Chilean social-security system?' recounted Richard Lamm, the three-term former governor of Colorado. It was March 1995, and Lamm and his wife were staying that weekend in the Lincoln Bedroom of the White House.
I read about this surprising midnight conversation in an article by Jonathan Alter (Newsweek, May 13, 1996), as I was waiting at Dulles International Airport for a flight to Europe. The article also said that early the next morning, before he left to go jogging, President Bill Clinton arranged for a special report about the Chilean reform produced by his staff to be slipped under Lamm's door.
That news piqued my interest, so as soon as I came back to the United States, I went to visit Richard Lamm. I wanted to know the exact circumstances in which the president of the worlds superpower engages a fellow former governor in a Saturday night exchange about the system I had implemented 15 years earlier.
Lamn and I shared a coffee on the terrace of his house in Denver. He not only was the most genial host to this curious Chilean, but he also proved to be deeply motivated by the issues surrounding aging and the future of America. So we had an engaging conversation. At the conclusion, I ventured to ask him for a copy of the report that Clinton had given him. He agreed to give it to me on the condition that I do not make it public while Clinton was president. He also gave me a copy of the handwritten note on White House stationery, dated 3-21-95, which accompanied the report slipped under his door. It read:
[font color="red"]Dick,
Sorry I missed you this morning.
It was great to have you and Dottie here.
Here's the stuff on Chile I mentioned.
Best,
Bill.[/font color]
Three months before that Clinton-Lamm conversation about the Chilean system, I had a long lunch in Santiago with journalist Joe Klein of Newsweek magazine. A few weeks afterwards, he wrote a compelling article entitled,[font color="green"] "If Chile can do it...couldn´t North America privatize its social-security system?" [/font color]He concluded by stating that "the Chilean system is perhaps the first significant social-policy idea to emanate from the Southern Hemisphere." (Newsweek, December 12, 1994).
I have reasons to think that probably this piece got Clintons attention and, given his passion for policy issues, he became a quasi expert on Chiles Social Security reform. Clinton was familiar with Klein, as the journalist covered the 1992 presidential race and went on anonymously to write the bestseller Primary Colors, a thinly-veiled account of Clintons campaign.
The mother of all reforms
While studying for a Masters and a Ph.D. in economics at Harvard University, I became enamored with Americas unique experiment in liberty and limited government. In 1835 Alexis de Tocqueville wrote the first volume of Democracy in America hoping that many of the salutary aspects of American society might be exported to his native France. I dreamed with exporting them to my native Chile.
So, upon finishing my Ph.D. in 1974 and while fully enjoying my position as a Teaching Fellow at Harvard University and a professor at Boston University, I took on the most difficult decision in my life: to go back to help my country rebuild its destroyed economy and democracy along the lines of the principles and institutions created in America by the Founding Fathers. Soon after I became Secretary of Labor and Social Security, and in 1980 I was able to create a fully funded system of personal retirement accounts. Historian Niall Ferguson has stated that this reform was the most profound challenge to the welfare state in a generation. Thatcher and Reagan came later. The backlash against welfare started in Chile.
But while de Tocquevilles 1835 treatment contained largely effusive praise of American government, the second volume of Democracy in America, published five years later, strikes a more cautionary tone. He warned that the American Republic will endure, until politicians realize they can bribe the people with their own money. In fact at some point during the 20th century, the culture of self reliance and individual responsibility that had made America a great and free nation was diluted by the creation of [font color="green"] an Entitlement State,[/font color] reminiscent of the increasingly failed European welfare state. What America needed was a return to basics, to the founding tenets of limited government and personal responsibility.
[font color="green"]In a way, the principles America helped export so successfully to Chile through a group of free market economists needed to be reaffirmed through an emblematic reform. I felt that the Chilean solution to the impending Social Security crisis could be applied in the USA.[/font color]
CONTINUED...
http://www.josepinera.org/articles/articles_clinton_chilean_model.htm
Democratic solutions work because they are Democratic, not capitalist.
Dr Hobbitstein
(6,568 posts)CLINTON: I fully support Social Security. And the most important fight we're going to have is defending it against continuing Republican efforts to privatize it.
She's for expanding it.
CLINTON: I want to enhance the benefits for the poorest recipients of Social Security. We have a lot of women on Social Security, particularly widowed and single women who didn't make a lot of money during their careers, and they are impoverished, and they need more help from the Social Security system. And I will focus on helping those people who need it the most. And of course I'm going to defend Social Security. I'm going to look for ways to try to make sure it's solvent into the future. And we also need to talk about health care at some time, because we agree on the goals, we just disagree on the means.
Cosmic Kitten
(3,498 posts)And since Bill will do
the dirty work she can
pretend it's not her fault.
Good cop/bad cop routine
Dr Hobbitstein
(6,568 posts)Oh wait, he didn't.
Cosmic Kitten
(3,498 posts)Thank goodness for hubris
Doctor_J
(36,392 posts)She is completely untrustworthy, Dr. Her pronouncements mean nothing.
Dr Hobbitstein
(6,568 posts)When Hillary is elected and doesn't privatize SS, are you going to say you were wrong?
frylock
(34,825 posts)NorthCarolina
(11,197 posts)who, in league with Newt Gingrich, was this "||" close to accomplishing the deed until a blue dress happened and messed it up. There has been no change of heart among their circles with regard to their plans for Social Security. Their central message: Get a job Grandma...you damn deadbeat leech on the system.
aspirant
(3,533 posts)corporations rarely pay taxes anymore.
We need to find creative ways to starve the beast and send the message.
Cosmic Kitten
(3,498 posts)Apparently, it's only those in
the top income bracket... the takers
aspirant
(3,533 posts)Cosmic Kitten
(3,498 posts)We Vote with our dollars.
Whenever possible avoid
doing business with the
worst of the Takers*
*Takers are defined here
as those at the top of the
economic ladder, the 1%
Octafish
(55,745 posts)Banksters get to keep all they can uh grab.
Cosmic Kitten
(3,498 posts)Kleptocracy, alternatively cleptocracy or kleptarchy,
(from Greek: ??έ???? - kleptēs, "thief"
and ??ά??? - kratos, "power, rule",
hence "rule by thieves"
is a term applied to a government
seen as having a particularly severe
and systemic problem with officials
or a ruling class (collectively, kleptocrats)
taking advantage of corruption to extend
their personal wealth and political power.
Typically this system involves the
embezzlement of state funds at the expense
of the wider population, sometimes without
even the pretense of honest service.
https://en.wikipedia.org/wiki/Kleptocracy
aspirant
(3,533 posts)Cosmic Kitten
(3,498 posts)they have no shame
Octafish
(55,745 posts)Sec. Clinton has been fine with it going to the pockets of the few.
These are the wealthiest times in human history. The steward of trickle down David Stockman reports that 7/8th of all wealth ever has been created in the last 32 years. Yet, a Democratic administration makes the case that the solution for our problems is...Austerity? That is sick. It also shows the power of money upon democracy.
For me, the best example is the team at UBS Wealth Management. After his exit from the US Senate, Phil Gramm found a job at Swiss bank UBS as vice chairman. He later brought on former President Bill Clinton. What a coincidence, they are the two key figures in repealing Glass-Steagal. Since the New Deal it was the financial regulation that protected the US taxpayer from the Wall Street casino. Oh well, what's a $16 trillion bailout among friends?
About UBS Wealth Management
It's Buy Partisan
It's a Buy-Partisan Who's Who:
President William J. Clinton
President George W. Bush Heh heh heh.
Robert J. McCann
James Carville
John V. Miller
Paula D. Polito
Anthony Roth
Mike Ryan
John Savercool
SOURCE: http://financialservicesinc.ubs.com/revitalizingamerica/SenatorPhilGramm.html
One of my attorney chums doesn't like to see his name on any committees, event letterhead or political campaign literature. These folks, it seems to me, are past caring.
Some of why DUers and ALL voters should care about Phil Gramm.
Hillary Helps a Bankand Then It Funnels Millions to the Clintons
The Wall Street Journals eyebrow-raising story of how the presidential candidate and her husband accepted cash from UBS without any regard for the appearance of impropriety that it created.
by CONOR FRIEDERSDORF, The Atlantic, JUL 31, 2015
The Swiss bank UBS is one of the biggest, most powerful financial institutions in the world. As secretary of state, Hillary Clinton intervened to help it out with the IRS. And after that, the Swiss bank paid Bill Clinton $1.5 million for speaking gigs. The Wall Street Journal reported all that and more Thursday in an article that highlights huge conflicts of interest that the Clintons have created in the recent past.
The piece begins by detailing how Clinton helped the global bank.
A few weeks after Hillary Clinton was sworn in as secretary of state in early 2009, she was summoned to Geneva by her Swiss counterpart to discuss an urgent matter. The Internal Revenue Service was suing UBS AG to get the identities of Americans with secret accounts, the newspaper reports. If the case proceeded, Switzerlands largest bank would face an impossible choice: Violate Swiss secrecy laws by handing over the names, or refuse and face criminal charges in U.S. federal court. Within months, Mrs. Clinton announced a tentative legal settlementan unusual intervention by the top U.S. diplomat. UBS ultimately turned over information on 4,450 accounts, a fraction of the 52,000 sought by the IRS.
Then reporters James V. Grimaldi and Rebecca Ballhaus lay out how UBS helped the Clintons. Total donations by UBS to the Clinton Foundation grew from less than $60,000 through 2008 to a cumulative total of about $600,000 by the end of 2014, according to the foundation and the bank, they report. The bank also joined the Clinton Foundation to launch entrepreneurship and inner-city loan programs, through which it lent $32 million. And it paid former president Bill Clinton $1.5 million to participate in a series of question-and-answer sessions with UBS Wealth Management Chief Executive Bob McCann, making UBS his biggest single corporate source of speech income disclosed since he left the White House.
The article adds that there is no evidence of any link between Mrs. Clintons involvement in the case and the banks donations to the Bill, Hillary and Chelsea Clinton Foundation, or its hiring of Mr. Clinton. Maybe its all a mere coincidence, and when UBS agreed to pay Bill Clinton $1.5 million the relevant decision-maker wasnt even aware of the vast sum his wife may have saved the bank or the power that she will potentially wield after the 2016 presidential election.
SNIP...
As McClatchy noted last month in a more broadly focused article that also mentions UBS, Ten of the worlds biggest financial institutionsincluding UBS, Bank of America, JP Morgan Chase, Citigroup and Goldman Sachshave hired Bill Clinton numerous times since 2004 to speak for fees totaling more than $6.4 million. Hillary Clinton also has accepted speaking fees from at least one bank. And along with an 11th bank, the French giant BNP Paribas, the financial goliaths also donated as much as $24.9 million to the Clinton Foundationthe familys global charity set up to tackle causes from the AIDS epidemic in Africa to climate change.
CONTINUED...
http://www.theatlantic.com/politics/archive/2015/07/hillary-helps-a-bankand-then-it-pays-bill-15-million-in-speaking-fees/400067/
Like Bernie, I want to use the powers of government to redistribute wealth, as was done from FDR to Reagan to make life better for all Americans, not just the well off.
Cosmic Kitten
(3,498 posts)First, it is what it is.
The uber rich vampire squid
is sucking us dry and demanding
we suffer for the greater good.
Second, the supposed creation
of wealth is nothing but fractional banking,
ie, it's all debt.
There is no actual creation of wealth,
only debt upon which the 1% claims rent.
This is one depraved economy!
Octafish
(55,745 posts)Socialized Risk. Privatized Reward.
Like Feudalism and Slavery Together! They get the advantages of owning every damn thing worth owning and then don't have to feed or clothe (and never educate -- and only take them to a doctor if it makes economic sense) those who do the work that creates the wealth.
I with the economists had a chart for it. Short of that, a picture:
B Calm
(28,762 posts)be back in charge again, how damn comforting is that?
Cosmic Kitten
(3,498 posts)their *speaking fees* will be
pay huge dividends
BillZBubb
(10,650 posts)Doctor_J
(36,392 posts)So will Medicare and social security. And TPP and TTIP will cost us even more.
aspirant
(3,533 posts)We must turn back the clock and forget Obama's "look forward" concept while living in yesteryear.
What is old is new and what is new must revert to the old.
Response to Cosmic Kitten (Original post)
NowSam This message was self-deleted by its author.