Sat Oct 17, 2015, 09:20 AM

Hillary Clinton's Take on Banks Won't Hold Up (Taibbi)

http://www.rollingstone.com/politics/news/hillary-clintons-take-on-banks-wont-hold-up-20151014

A few observations:

First, it's definitive now that Hillary has no intention of reinstating Glass-Steagall. Cooper gave her a prime opportunity Tuesday night to announce otherwise, stories have filtered out of her campaign that she has no plans along those lines, and she's explicitly stated that she wants to find a "different way" to reduce risk.

The second and probably more important observation is about Hillary's rhetorical choices.

Hillary, like her close advisor Barney Frank, has been pushing an idea that banks aren't at the root of any financial instability problem. Last night, she pointed a finger instead at "shadow banking," non-bank actors like AIG, and a dead investment bank in Lehman Brothers. (Interesting she didn't mention a still-viable investment bank like Goldman, Sachs, which has hosted her expensive speaking engagements.)

more at link

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51 replies	Author	Time	Post
Hillary Clinton's Take on Banks Won't Hold Up (Taibbi) (Original post)	Cassiopeia	Oct 2015	OP
I'll take Krugman and Stiglitz over Taibbi.	JaneyVee	Oct 2015	#1
You got it exactly backwards	Joe Turner	Oct 2015	#6
Right, because what does Krugman know anyway.	DanTex	Oct 2015	#11
Krugman and HRC can be right about shadow banking being the bigger issue	thesquanderer	Oct 2015	#18
Agreed on that.	Joe Turner	Oct 2015	#32
Yeah, tell it to Bear Stearns.	JaneyVee	Oct 2015	#24
This message was self-deleted by its author	Ed Suspicious	Oct 2015	#22
Until Stiglitz or Ktugman say something critical of her	Armstead	Oct 2015	#26
Actually, Stiglitz would like Hillary's economic plan to look more like Bernie's.	PotatoChip	Oct 2015	#31
Joe Stiglitz is a member of HRC's advising team ...	1StrongBlackMan	Oct 2015	#33
Did you read my post? I acknowledged that the subject matter was wealth inequality. (nt)	PotatoChip	Oct 2015	#36
Yes. I was just pointing out that ...	1StrongBlackMan	Oct 2015	#46
HRC - Still Beholden To Oligarchs, Corporations And Banks	cantbeserious	Oct 2015	#2
Her supporters refuse to see the obvious.	JRLeft	Oct 2015	#3
Agree Completely - In The Zeal To Elect A Female President - Much Has Been Overlooked	cantbeserious	Oct 2015	#4
Yep the PUMA crowd is back. Party Unity My Ass.	JRLeft	Oct 2015	#5
The DNC DLC Third Way Establishment Is Apoplectic About A Bernie Presidency	cantbeserious	Oct 2015	#9
and it's not just about the presidency,	99th_Monkey	Oct 2015	#35
Yes Agreed - What Would The World Come To Should - Honesty - Integrity - Sincerity - Prevail	cantbeserious	Oct 2015	#39
It is back, but now it's made out of Bernie supporters.	DanTex	Oct 2015	#10
Thank You For Insulting Bernie Supporters - Your Loyalties Are Noted For Future Reference	cantbeserious	Oct 2015	#12
"Future Reference" LOL. Yes, I'm a Clinton supporter. You can put that in your database.	DanTex	Oct 2015	#14
Duly Logged And Cataloged - Let The Data Collection And Tracking Begin	cantbeserious	Oct 2015	#15
LOL ... Some DUers a funny ...	1StrongBlackMan	Oct 2015	#34
PUMA'S are HRC supporters with the same behavior as last time. The same arrogance. I can't	JRLeft	Oct 2015	#16
The people this time around threatening to sit out the GE if their candidate doesn't win	DanTex	Oct 2015	#17
Yes I've posted that multiple times. I'm willing to hold my nose and for bought and paid for	JRLeft	Oct 2015	#19
Better hurl more insults at them. That'll change their minds! (nt)	jeff47	Oct 2015	#23
+1	Ed Suspicious	Oct 2015	#25
LOL ... you didn't notice the exchange immediately preceding DanTex's "insult"? ...	1StrongBlackMan	Oct 2015	#37
LOL ... you didn't notice DanTex's last 6 months of posting history? ...	jeff47	Oct 2015	#49
Uh huh	pinebox	Oct 2015	#29
Wait ... Prior to maybe 6 months ago ...	1StrongBlackMan	Oct 2015	#38
Not sure where you get that from	pinebox	Oct 2015	#44
Oh ... My bad ...	1StrongBlackMan	Oct 2015	#48
THIS^ Is exactly why Bernie will win the GE, and Hillary may not.	99th_Monkey	Oct 2015	#41
Critical info	krkaufman	Oct 2015	#51
+1	Enthusiast	Oct 2015	#7
+1	Enthusiast	Oct 2015	#8
Yes, and we will see a return to this very important issue	Babel_17	Oct 2015	#13
Hillary... you lie	Geronimoe	Oct 2015	#20
The banksters puppet	davemac	Oct 2015	#21
Aren't 4 out of 5 of Hillary's top donors connected to Wall st.? Then that makes her a wholly-owned	AzDar	Oct 2015	#27
Hey, Hillary told Wall St. to "CUT IT OUT!". That should take care of everything. -nt-	99th_Monkey	Oct 2015	#42
Yes	GummyBearz	Oct 2015	#43
The banks own her. Enough said.	azmom	Oct 2015	#28
I have to wonder if Bill and Hillary moved to that part of New York so she could	Maineman	Oct 2015	#30
This article is well worth a full read.	jwirr	Oct 2015	#40
Agreed...I keep posting this graphic because it shows the problem clearly	Armstead	Oct 2015	#45
Yes, I have seen that when you posted it before. We actually	jwirr	Oct 2015	#47
Just recall HRC's enemies list...	krkaufman	Oct 2015	#50

Response to Cassiopeia (Original post)

Sat Oct 17, 2015, 09:29 AM

JaneyVee (19,877 posts)

1. I'll take Krugman and Stiglitz over Taibbi.

People want jobs, not financial chaos and uncertainty.

Hillary Clinton's Take on Banks Won't Hold Up (Taibbi)

1. I'll take Krugman and Stiglitz over Taibbi.

6. You got it exactly backwards

11. Right, because what does Krugman know anyway.

18. Krugman and HRC can be right about shadow banking being the bigger issue

32. Agreed on that.

24. Yeah, tell it to Bear Stearns.

26. Until Stiglitz or Ktugman say something critical of her

31. Actually, Stiglitz would like Hillary's economic plan to look more like Bernie's.

33. Joe Stiglitz is a member of HRC's advising team ...

36. Did you read my post? I acknowledged that the subject matter was wealth inequality. (nt)

46. Yes. I was just pointing out that ...

2. HRC - Still Beholden To Oligarchs, Corporations And Banks

3. Her supporters refuse to see the obvious.

4. Agree Completely - In The Zeal To Elect A Female President - Much Has Been Overlooked

5. Yep the PUMA crowd is back. Party Unity My Ass.

9. The DNC DLC Third Way Establishment Is Apoplectic About A Bernie Presidency

35. and it's not just about the presidency,

39. Yes Agreed - What Would The World Come To Should - Honesty - Integrity - Sincerity - Prevail

10. It is back, but now it's made out of Bernie supporters.

12. Thank You For Insulting Bernie Supporters - Your Loyalties Are Noted For Future Reference

14. "Future Reference" LOL. Yes, I'm a Clinton supporter. You can put that in your database.

15. Duly Logged And Cataloged - Let The Data Collection And Tracking Begin

34. LOL ... Some DUers a funny ...

16. PUMA'S are HRC supporters with the same behavior as last time. The same arrogance. I can't

17. The people this time around threatening to sit out the GE if their candidate doesn't win

19. Yes I've posted that multiple times. I'm willing to hold my nose and for bought and paid for

23. Better hurl more insults at them. That'll change their minds! (nt)

25. +1

37. LOL ... you didn't notice the exchange immediately preceding DanTex's "insult"? ...

49. LOL ... you didn't notice DanTex's last 6 months of posting history? ...

29. Uh huh

38. Wait ... Prior to maybe 6 months ago ...

44. Not sure where you get that from

48. Oh ... My bad ...

41. THIS^ Is exactly why Bernie will win the GE, and Hillary may not.

51. Critical info

7. +1

8. +1

13. Yes, and we will see a return to this very important issue

20. Hillary... you lie

21. The banksters puppet

27. Aren't 4 out of 5 of Hillary's top donors connected to Wall st.? Then that makes her a wholly-owned

42. Hey, Hillary told Wall St. to "CUT IT OUT!". That should take care of everything. -nt-

43. Yes

28. The banks own her. Enough said.

30. I have to wonder if Bill and Hillary moved to that part of New York so she could

40. This article is well worth a full read.

45. Agreed...I keep posting this graphic because it shows the problem clearly

47. Yes, I have seen that when you posted it before. We actually

50. Just recall HRC's enemies list...