Thursday, February 11, 2016

Does Hillary Clinton Work Too Hard For Obama's Crony Banksters? The Case of Clinton and Goldman Sachs

Poor Hillary! It turns out that there is a price to being a lying hypocrite.  That’s just so unfair. After all, Bill got away with posing as a feminist champion while assaulting, groping, and exploiting women for decades.  But when Hi...


Hillary’s no-win situation at Goldman Sachs worsening as content of her paid speeches leaking out

Poor Hillary! It turns out that there is a price to being a lying hypocrite.  That’s just so unfair. After all, Bill got away with posing as a feminist champion while assaulting, groping, and exploiting women for decades.  But when Hillary tries to match Bernie Sanders on a comparable pose as anti-Wall Street, she gets herself in a no-win situation.

Goldman Sachs people are leaking out what she said in her $675,000 worth of three paid speeches, and it is now clear that releasing the transcripts of her talks will expose her hypocrisy. But of course, refusing to release them raises all sorts of worse suspicions. Shades of Nixon’s missing 13 minutes of tape.

Ben White of Politico reports on the leaks from Goldman:
She spent no time criticizing Goldman or Wall Street more broadly for its role in the 2008 financial crisis.

“It was pretty glowing about us,” one person who watched the event said. “It’s so far from what she sounds like as a candidate now. It was like a rah-rah speech. She sounded more like a Goldman Sachs managing director.”

At another speech to Goldman and its big asset management clients in New York in 2013, Clinton spoke about how it wasn’t just the banks that caused the financial crisis and that it was worth looking at the landmark 2010 Dodd-Frank financial reform law to see what was working and what wasn’t.
“It was mostly basic stuff, small talk, chit-chat,” one person who attended that speech said. “But in this environment, it could be made to look really bad.”
My read is that Hillary will choose to continue to keep the transcripts secret, preferring to let people imagine what they will. She is so surrounded by sycophants and so contemptuous of those who criticize her that she is unaware of how damaging her secrecy will be.

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