Tuesday, February 9, 2016

What Clinton said to Wall Street

See Taibbi's scathing article on this. Some excerpts:

"Even more significant [...] is the account of what Hillary apparently told Goldman she 'thought' during those speeches. According to Politico, who spoke to several attendees, Hillary used the opportunity to tell the bankers in attendance that the 'banker-bashing so popular within both parties was unproductive and indeed foolish.' She added that the proper attitude should be, 'We all got into this mess together, and we're all going to have to work together to get out of it.'"


"In her speech, Hillary's 'we' included the executives in her audience. Her message was basically that It Takes a Village to create a financial crisis. This was the Robin Williams breakthrough scene in Good Will Hunting, with Hillary putting a hand on the Goldmanites' shoulders, telling them, 'It's not your fault. It's not your fault.' But it was their fault. The crash was caused by a tiny handful of people who spent years hogging fortunes through a bluntly criminal scheme in the home lending markets."

"The Clintons meanwhile have by now taken so much money that when they stand in a room full of millionaires and billionaires, they can use the word 'we' and not have it sound odd. The money has irrevocably moved them to that side of the ropeline. On that side of the line, public anger isn't legitimate, but something to be managed and waited out."

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