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Response to pipoman (Reply #1)

Wed Dec 30, 2015, 04:07 AM

5. I tend to disagree with this assessment

though I agree that he was in a position to make a difference and didn't while in the Clinton administration. I have read his words and watched him speak (TV, Youtube) many times over the last 10 years or so. I am no apologist for corporatists or financial deregulators, quite the opposite. In my opinion Reich is sincerely and doggedly working to reign in the runaway financial industry, and to bring us to a more equitable and just society. His voice is consistent and persistent, guided by a heart that is in the right place and the wisdom of knowing the system from the inside.

I recently got into a (mostly worthless) DU discussion over whether to give Hillary such benefit of the doubt as someone who has seen the light and is working for actual reform that favors the 99%. I completely reject that possibility. In my opinion she positions herself for political expediency and makes no challenges to power interests, instead considering them her base.

Reich, in my view, is an example of someone that actually came out of it on the other side, from the halls of power to working in our interests from the outside. I trust him about as much as I trust anyone in this political world, save Bernie or Warren, who have long and loud histories of going up against wealth and power.

I don't think of him as a traitor at all. He was part of a team (and what precise role he had in those dynamics is something I wonder about, Summers was obviously the alpha deregulator) in the 90's that did join wth Newt, Greenspan, etc., to deregulate the financial industry. So in that way you could call him a traitor. But I see him more as someone who was there, participated, saw the consequences of those policies, and has for some time now been putting his energy into advocating for the actual reforms we need to fix things. He's an excellent spokeperson for where we need to go, and throwing him out as a traitor is to waste a great resource and an excellent man. YMMV, of course.

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elleng Dec 2015 OP
pipoman Dec 2015 #1
elleng Dec 2015 #2
pipoman Dec 2015 #7
LineLineNew Reply I tend to disagree with this assessment
dreamnightwind Dec 2015 #5
pipoman Dec 2015 #6
dreamnightwind Dec 2015 #8
pipoman Dec 2015 #9
dreamnightwind Dec 2015 #10
Dems to Win Dec 2015 #3
mgmaggiemg Dec 2015 #4
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