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2016 Postmortem
In reply to the discussion: Hillary won more votes tonight than the 7 elections Bernie won, combined [View all]Octafish
(55,745 posts)80. Bill Black: Hillary, the Banksters Committed ‘Fraud,’ Not ‘Shenanigans'
by William K. Black
Daily Kos, Saturday Feb 06, 2016
Former Secretary of State Hillary Clinton, in her debate with Senator Sanders minutes ago, said that she went to Wall Street and told them to stop their "shenanigans." The context was that she was being asked to respond to the complaint that she was too close to on Wall Street billionaires. She had every incentive, therefore, to demonstrate how tough she would be on Wall Street.
In that context, the best she could muster was the pusillanimous "shenanigans." Here is a typical definition of that word with examples.
1. : a devious trick used especially for an underhand purpose 2. 2a : tricky or questionable practices or conduct --usually used in pluralb : high-spirited or mischievous activity --usually used in plural
Examples of SHENANIGAN 1. students engaging in youthful shenanigans on the last day of school 2. an act of vandalism that went way beyond the usual shenanigans at summer camp.
Hillary cannot bring herself to use the "f" word in the context of Wall Street CEOs leading the largest and most destructive fraud epidemics in history - frauds that made them spectacularly wealthy. A few minutes later, Bernie said that "fraud" was Wall Street's business model.
There Is No "If" -- Systemically Dangerous Banks Pose a "Systemic Risk"
Hillary then said that we should end systemically dangerous institutions (SDIs) "if" they posed "systemic risk" and praised President Obama for supporting Dodd-Frank provisions that provide a convoluted process for doing so that a new president likely could not use effectively. There can be disputes on the margins as to whether the 25th largest U.S. bank is systemically dangerous, but there is no question but that the largest 20 banks in the U.S. pose a systemic risk. There is no question but that President Obama has not, and will not, force a single one of them to shrink to the point that they no longer pose a systemic risk.
I do not think that many people believe that Hillary will force even a single gargantuan bank to do so, but if that is her intent, the word she needs to use is "will" rather than "if." Hillary should say: "If I am elected President I will promptly require the roughly 20 largest banks to shrink to a size where they no longer pose a systemic risk."
Hillary Did Not Take on Wall Street in 2007 --
She Blamed the Victims for Being Defrauded
In the debate tonight, Hillary again claimed that in her 2007 speech to Wall Street she came down on them like a ton of bricks. Hillary's most pointed two sentences in her supposed takedown of the banksters were:
But finally, responsibility also belongs to Wall Street, which not only enabled but often encouraged reckless mortgage lending... Wall Street may not have created the foreclosure crisis, but Wall Street certainly had a hand in making it worse.
No, the banksters made millions of deliberately fraudulent, not "reckless" loans and they most assuredly "created the foreclosure crisis." Hillary went on to throw the victims of these frauds under the bus -- blaming the foreclosure victims for not understanding the loans the brokers pushed on them.
CONTINUED...
http://www.dailykos.com/stories/2016/2/6/1480801/-Bill-Black-Hillary-the-Banksters-Committed-Fraud-Not-Shenanigans
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Hillary won more votes tonight than the 7 elections Bernie won, combined [View all]
Renew Deal
Apr 2016
OP
When you study advanced physics, you learn about something called "reverse momentum".
George II
Apr 2016
#68
Not to mention she still won 60% of the state, so likely a majority of those voters are hers.
MadBadger
Apr 2016
#61
Comparing apples and oranges. A lot of Bernies wins were in caucuses where fraud isn't as easy to
Skwmom
Apr 2016
#14
The establishment usually has a hard time recognizing the "others" accomplishments
uponit7771
Apr 2016
#41
Another interesting factoid. Hillary received more votes tonight than all 3 Republicans combined.
Trust Buster
Apr 2016
#30
Kinda puts it in perspective doesn't it? And I say this as a Bernie supporter.
Still In Wisconsin
Apr 2016
#34
I don't think it will be that hard. Important thing for Bernie supporters is to acknowledge
Still In Wisconsin
Apr 2016
#44
Same thing with Florida. This is why he can't catch up. She's won all the big states so far.
pnwmom
Apr 2016
#35
Did she? Maybe. But it's true that tiny caucus states do have a disproportionate share,
pnwmom
Apr 2016
#40
Each state should have 1/50th of a share, with DC being the scale tipper.
cherokeeprogressive
Apr 2016
#43
Hah! I understand the concept perfectly well. And I disagree with you that it should require
pnwmom
Apr 2016
#46
It isn't if you want to go to a popular vote and get rid of the electoral college.
cherokeeprogressive
Apr 2016
#75