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Sunday, May 29, 2016

What are the chances that Hillary Clinton actually stands up to Wall Street and the Billionaire class?

* What do you mean by ‘the monied class’? I’m a successful lawyer who backs Hillary Clinton largely because of her long championship of liberal issues, especially children’s rights, women’s rights, LGBT rights, and other minority rights. Am I part of the ‘monied class’?

I suggest that Clinton, like other solid progressive and liberal leaders, will be tough on wealthy interests when appropriate and work cooperatively with them when appropriate.  Teddy Roosevelt did. So did FDR. So did Lbj. So did President Bill Clinton So did Barack Obama So does Governor Jerry Brown in California.

Study her actual record, read her stands on the issues, find some relatively unbiased sources, and draw your own conclusions.

Madam President: Is Hillary Clinton About to Become the Most Powerful Woman Ever?

 

Answer by Andrew Weill:

This whole notion that Clinton is “bought” by “the monied class” strikes me as highly inaccurate.

Let’s note a few points:

  • Clinton is detested and feared by her Republican rivals, who paint her as a dangerous liberal.
  • Clinton has a plan for more effective regulation of Wall Street, which many consider to be more sensible than Sanders’ plan.  See What Hillary Clinton Gets (and Bernie Sanders Doesn’t) About Wall Street – The New Yorker
  • What do you mean by “the monied class”? I’m a successful lawyer who backs Clinton largely because of her long championship of liberal issues, especially children’s rights, women’s rights, LGBT rights, and other minority rights.  Am I part of the evil “monied class”?
  • As to speaking fees, no one has ever shown that Clinton has altered a stance due to money donations. It’s largely sheer fantasy:  she got high speaking fees, so those must be bribes, or the Clinton Foundation got large donations, so those must be bribes.  There are rather more obvious explanations, however. She got high speaking fees because she was a highly sought speaker. The foundation got large donations because it does important work and attracted major donors. Not everything merits a dark conspiratorial explanation.

I suggest that Clinton, like other solid progressive and liberal leaders, will be tough on wealthy interests when appropriate and work cooperatively with them when appropriate.  Teddy Roosevelt did. So did FDR. So did LBJ. So did Bill Clinton. So did Obama. So does Governor Jerry Brown in California.

Study her actual record, read her stands on the issues, find some relatively unbiased sources, and draw your own conclusions.

What are the chances that Hillary Clinton actually stands up to Wall Street and the Billionaire class?


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