Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Ichingcarpenter

(36,988 posts)
Thu Apr 16, 2015, 02:04 AM Apr 2015

Hillary Clinton’s Wall Street backers: We get it

NEW YORK — Hillary Clinton sounded like a woman on a mission after her long drive into the heartland: “There’s something wrong,” she told Iowans on Tuesday, when “hedge fund managers pay lower taxes than nurses or the truckers I saw on I-80 when I was driving here over the last two days.”
But back in Manhattan, the hedge fund managers who’ve long been part of her political and fundraising networks aren’t sweating the putdown and aren’t worrying about their take-home pay just yet.


It’s “just politics,” said one major Democratic donor on Wall Street, explaining that some of her Wall Street supporters doubt she would push hard for closing the carried interest loophole as president, a policy she promoted when she last ran in 2008.

“The question is not going to be whether or not hedge fund managers or CEOs make too much money,” said a separate Clinton supporter who manages a hedge fund. “The question is how do you solve the problem of inequality. Nobody takes it like she is going after them personally.”

Indeed, many of the financial sector donors supporting her just-declared presidential campaign say they’ve been expecting the moment when Clinton started calling out hedge fund managers and decrying executive pay all along — right down to the complaints from critics that such arguments are rich coming from someone who recently made north of $200,000 per speech, and who has been close to Wall Street since her days representing it as a senator from New York.





In the words of Democratic strategist Chris Lehane, a veteran of Bill Clinton’s White House who now advises billionaire environmentalist hedge fund manager and donor Tom Steyer, “The fact is that any Democrat running for president would talk about this. It’s as surprising as the sun rising in the East.”

Read more: http://www.politico.com/story/2015/04/hillary-clintons-wall-street-backers-we-get-it-117017.html#ixzz3XRw1fFXt

15 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
 

djean111

(14,255 posts)
1. Gee - I agree with Hillary's backers!
Thu Apr 16, 2015, 02:13 AM
Apr 2015
But back in Manhattan, the hedge fund managers who’ve long been part of her political and fundraising networks aren’t sweating the putdown and aren’t worrying about their take-home pay just yet.


It’s “just politics,” said one major Democratic donor on Wall Street, explaining that some of her Wall Street supporters doubt she would push hard for closing the carried interest loophole as president, a policy she promoted when she last ran in 2008.


See, knowing that campaign rhetoric is truly just politics, out in the fucking OPEN, makes claims that See, Hillary IS TOO going to help economically!! not only pointless, but kind of funny in a very depressing way.

Really, the HRC campaign does not seem to have been rolled out very well. There were years and years to plan this. Wall Street almost literally cannot stop giggling in public, they are so complacent and sure.

merrily

(45,251 posts)
4. Not only years and years to plan, but untold millions of $$$$ and all the resources of the DNC--
Thu Apr 16, 2015, 04:33 AM
Apr 2015

donor lists, contacts, strategists. MSNBC anchors treating her like the incumbent running for re-election since before Obama's re-election.

And, after all that, she sounds as though she's parroting what Warren's been saying since years before she began to administer TARP.



sabrina 1

(62,325 posts)
9. I bet they wouldn't be so blase about it if Warren was running and saying the same thing. They
Fri Apr 17, 2015, 01:47 AM
Apr 2015

would know she meant it!

Watch what they do, watch who is funding them, not what they say in campaigns.

nxylas

(6,440 posts)
2. The Smaugs clearly didn't get the memo
Thu Apr 16, 2015, 03:28 AM
Apr 2015

They're supposed to howl about how persecuted they are in order to make Hillary seem like a "fighter".

sabrina 1

(62,325 posts)
10. Lol, I have a feeling they will be told to at least put on an act as the campaign season wears on.
Fri Apr 17, 2015, 01:48 AM
Apr 2015
 

DeSwiss

(27,137 posts)
5. These people relate only to cash.
Thu Apr 16, 2015, 04:37 AM
Apr 2015
“The question is not going to be whether or not hedge fund managers or CEOs make too much money, the question is how do you solve the problem of inequality.''

- By taking money from hedge-fund managers and CEOs and giving it to others more deserving. That's how, you nimrod.

K&R

[center]
[/center]


Masters of the Universe my ass........
 

2banon

(7,321 posts)
14. Curious if the article mentions HRC's daughter Chelsea, worked for and now married to Hedge Fund
Sat Apr 18, 2015, 07:43 PM
Apr 2015

it's just weird as hell, that our fellow rank and file Democratic friends and allies don't seem to get this is a HUGE HUGE HUGE HUGE HUGE FUCKING PROBLEM!

dflprincess

(28,072 posts)
15. "Nobody takes it like she is going after them personally.”
Sat Apr 18, 2015, 10:54 PM
Apr 2015

And a good many of us know she isn't going after you and we don't take her message that she's concerned income inequality personally.

Latest Discussions»Retired Forums»Populist Reform of the Democratic Party»Hillary Clinton’s Wall St...