2016 Postmortem
Related: About this forumPonyUp
(1,680 posts)pinebox
(5,761 posts)MisterP
(23,730 posts)senz
(11,945 posts)- Up to $300 million has been raised by Bill and Hillary Clinton from the financial-services industry.
- Goldman Sachs donors have given the second-largest amount of money to Clinton since 1999, topped only by Citigroup.
- Hillary Clinton as a regular speaker is one way Goldman Sachs funnels cash to her, despite campaign-finance law. Clintons standard speaking fee is $200, 000.
- Goldman Sachs has donated between $250,000 and $500,000 to the nonprofit Clinton Foundation and hosts many of its events.
- CEO Lloyd Blankfein has donated individually to Clinton in the past.
It should be clear to anyone reading this that Wall Street is Hillary Clinton's deepest ally and supporter. If elected president, she will serve Wall Street first and foremost.
It is inconceivable that Hillary would nominate anyone but a Wall Street-friendly candidate to the SCOTUS.
Democrats need to know these truths about Hillary before casting their votes in the primaries.
JaneyVee
(19,877 posts)How many people has Goldman Sachs killed every year compared to Bernie's votes to protect the gun industry?
Armstead
(47,803 posts)http://www.ibtimes.com/political-capital/barack-obama-hillary-clinton-donors-profit-gun-industry-2262148
Executives at Goldman Sachs have collectively been among Clinton and Obamas top Senate contributors, as has Morgan Stanley in Clintons case. Those two firms were both among the top 10 institutional shareholders of gunmaker Smith & Wesson in September. Goldman is also listed as the single largest shareholder for ammunition company Vista Outdoors, and Morgan Stanley is also listed as a top shareholder of Sturm & Ruger and the Olin Corporation.
BlackRock -- which is listed as a top institutional holder for Smith & Wesson, Vista Outdoors, Sturm & Ruger and Olin has been publicly supportive of Obama, as executives at his firm showered his campaign with cash. The firm in 2013 also hired top Clinton confidant Cheryl Mills to its board of directors.
While Clinton has received campaign donations and political support from the financial firms betting big on guns, her family has also been paid a combined $1.5 million in speaking fees by Goldman Sachs, Morgan Stanley and the Vanguard Group.
JaneyVee
(19,877 posts)And Bernie has stocks in financial corps. Check opensecrets.
Armstead
(47,803 posts)You asked about gun deaths related to those Clinton supporters.
Since they are invested in gun manufacturing, the answer is a proportion of deaths by gun violence.
JonLeibowitz
(6,282 posts)How Goldman Sachs Created the Food Crisis
Don't blame American appetites, rising oil prices, or genetically modified crops for rising food prices. Wall Street's at fault for the spiraling cost of food.
It took the brilliant minds of Goldman Sachs to realize the simple truth that nothing is more valuable than our daily bread. And where theres value, theres money to be made. In 1991, Goldman bankers, led by their prescient president Gary Cohn, came up with a new kind of investment product, a derivative that tracked 24 raw materials, from precious metals and energy to coffee, cocoa, cattle, corn, hogs, soy, and wheat. They weighted the investment value of each element, blended and commingled the parts into sums, then reduced what had been a complicated collection of real things into a mathematical formula that could be expressed as a single manifestation, to be known henceforth as the Goldman Sachs Commodity Index (GSCI).
For just under a decade, the GSCI remained a relatively static investment vehicle, as bankers remained more interested in risk and collateralized debt than in anything that could be literally sowed or reaped. Then, in 1999, the Commodities Futures Trading Commission deregulated futures markets. All of a sudden, bankers could take as large a position in grains as they liked, an opportunity that had, since the Great Depression, only been available to those who actually had something to do with the production of our food.
...
But Goldmans index perverted the symmetry of this system. The structure of the GSCI paid no heed to the centuries-old buy-sell/sell-buy patterns. This newfangled derivative product was "long only," which meant the product was constructed to buy commodities, and only buy. At the bottom of this "long-only" strategy lay an intent to transform an investment in commodities (previously the purview of specialists) into something that looked a great deal like an investment in a stock the kind of asset class wherein anyone could park their money and let it accrue for decades (along the lines of General Electric or Apple). Once the commodity market had been made to look more like the stock market, bankers could expect new influxes of ready cash. But the long-only strategy possessed a flaw, at least for those of us who eat. The GSCI did not include a mechanism to sell or "short" a commodity.
https://foreignpolicy.com/2011/04/27/how-goldman-sachs-created-the-food-crisis/
What Goldman Sachs should admit: it drives up the cost of food
Today, 23 May, is the annual general meeting (AGM) of financial speculator Goldman Sachs, the archetypal villain of the global economic meltdown, bailed out by US taxpayers to the tune of $5.5bn. Perhaps they'll hand out last year's Community Impact report, which shows how they've tried to redeem themselves with charity, like serving up almost 30,000 meals and preparing about 250,000 others in community projects in the US and around the world.
The irony, of course, is that while they're serving up a few meals, their core business is virtually starving people at the same time. In 2012, the US investment bank made an estimated $400m from speculating on food. The World Bank estimated in 2010 that 44 million people were pushed into poverty because of high food prices, and that speculation is one of the main causes.
Since Goldman led the drive to deregulate commodity markets in the 1990s, after constraints were imposed following the 1930s Wall Street crash, they've been at the vanguard of creating and promoting complex commodity instruments, from which they've raked in huge profits. Wallace Turbeville, a former vice president and the inventor of commodity index funds, has been outing the company's methods. He says that in his time at Goldman, investment increased from $3bn in 2003 to $260bn in 2008, and commodity prices rose dramatically during the same period, increasing from 2006 to 2008 by an average of 71%.
http://www.theguardian.com/commentisfree/2013/may/23/goldman-sachs-agm-drive-food-prices-up
NWCorona
(8,541 posts)beam me up scottie
(57,349 posts)Too bad it's faulty.
Now if you want to look at death rolls how about Hillary's support for the Iraq war?
How many dead, maimed, orphaned, displaced and scattered?
senz
(11,945 posts)They clutch at straws.
Gwhittey
(1,377 posts)He has not supported gun industry. Like most sane people He wants better control. But people like Clinton want to try and work laws into effect that bypass the 2nd Amendment, same why GOP is doing with abortion laws. If you think this is a good way to run the US then fine, but me I be live in if we truly want to get rid of all guns as the bills you are refer ing too try to do then we need to change the 2nd amendment the right way.
rock
(13,218 posts)Funny thing about them BS supporters: one just can't get them to answer the question you asked. This has happened more times than I can say, oh no, wait, every time.
JackRiddler
(24,979 posts)and you want to change the subject.
rock
(13,218 posts)Which is off-subject. I'm not addressing the OP. I'm addressing a post that didn't get a reply to his question. You might want to get some books on the English language (and Logic).
revbones
(3,660 posts)senz
(11,945 posts)frylock
(34,825 posts)by filing and losing lawsuits against gun manufacturers?
MineralMan
(146,308 posts)No question about that at all.
Is this photoshopped too?
MineralMan
(146,308 posts)pinebox
(5,761 posts)frylock
(34,825 posts)DanTex
(20,709 posts)GeorgiaPeanuts
(2,353 posts)We are still waiting. How can we know what she told the bankers for $230,000/hr if she doesn't share it with us?
DanTex
(20,709 posts)This is a great example of Hillary bashers pretending they care about "issues."
JackRiddler
(24,979 posts)senz
(11,945 posts)PonyUp
(1,680 posts)pinebox
(5,761 posts)I keep MineralMan off iggie as he is pretty reasonable.
MineralMan
(146,308 posts)Nobody on my Ignore list. I don't do Ignore. I want to see what people are posting.
pinebox
(5,761 posts)I only iggie the most vile folks. You are not one.
berni_mccoy
(23,018 posts)On the candidates this primary season.