Hillary Clinton has been upping the ante with her populist rhetoric, bashing “greed” and swatting away economic critiques of her tax plans by saying “I’m not going to throw my lot in with economists.” As is often the case, that kind of anti-intellectual politics is accompanied by Wall Street bashing. Julie Satow, who covers Wall Street for the New York Sun, reports on Clinton’s latest swipes.
Yesterday, Mrs. Clinton’s normally responsive camp took a full 24 hours to correct widely reported accounts that she had said in a speech during the Indiana Democratic Party’s Jefferson-Jackson Day dinner: “Why don’t we hold these Wall Street money-grubbers responsible for their role in this recession?” In fact, she said: “Wall Street money brokers.”
Either way, the sentiment is the same, according to many on Wall Street.
Clinton Attacks Wall Street [New York Sun]
carney, you’re good…start early with the political nonsense – that is sure to get everyone fired up. rather than wax un-poetically about how ‘effed up mrs. c and her views are, I would ask: when was the last time someone got upset when their favorite hoop/baseball/football player got a $30 million contract? seriously, these guys work 6 – 9 months a year. okay, they work out year round – but who doesn’t (fat chicks don’t answer that)? and finally, is america really ready to have the same 2 families in the white house for two decades (du-onarchy)??? db commenters discuss…
It’s all greed and fear baby.
Can we discuss how exactly she plans to crush OPEC as she claimed yesterday?
OPEC “can no longer be a cartel, a monopoly .” She plans to use anti-trust law to sue them for price-fixing?
She has lost it and is just throwing out every piece of populist nonsense she can think of.
and before you say anything, I am well aware that some of the contracts are for multiple years and have performance clauses…
AJ: Have you noticed that the US has now full claims to the richest oil reserves in the world? Who needs OPEC? Just make Iraqi oil reserve land a US territory, and that will immediately eliminate US dependence on foreign oil!
Clintons know what they are doing.
haha, you hedge fund fuckers are screwed.
Hillary will let shorts deliver against their position to the longs, then let longs liquidate, then allow shorts to cover when oil is 50 bucks…hahaha, you’re so fucked…..
Politicians can’t do anything until they are ELECTED. So the blizzard of bullshit will continue from both camps. Everyone on Wall Street knows that this time of year such shit is spoken on the campaign trail. As soon as she or Obama is elected you watch how fast Wall Street will rush to kiss his/her ass.
Oh, and Cluzo…thanks for bring up the Bush dynasty.
As I see it, all candidates from all parties are trying to be more “populist” than the other. Yes, that includes the “maverick” from Arizona.
Carney, if attacking economists is anti-intellectual, first prove that there’s some intellect in those economists’ brains, most especially those WS economists. You haven’t made your case.
typical
Liberal
racist , hate-filled , prejudice
@8:25: Come on, we all know that Bush only invaded Iraq to decrease the supply of oil and make oil companies rich. We can’t actually use that oil…
Hillary is a beer-drinking , shot-swilling hard hat , such as the one she portrayed in Pittsburgh
she’s a real anti-intellectual
Just goes to show what a complete hypocrite Clinton is. Poorly kept secret that some of the Clintons’ biggest financial supporters include Burkle and Lasry. Or do they not count as ‘Wall Street money brokers’.
Tell the masses what they want to hear but even they eventually figure out that the really wealthy (hmmm …. Burkle, Lasry, etal) don’t worry about bear markets or taxes. Those things just help put more distant between them and the ridiculously annoying nouveau riche. (which is of course anyone that got money after them).
Hillary vs. McCain when each is touting a populist platform?
Hah.
She’s stuck between a rock and the unemployment office.
@diablo
c’mon. you need somebody to make the case that economists on the gas tax proposal are right?
are you questioning (1) when you decrease the price of something (gas), demand rises or (2) when you remove a tax on something with (at least short-term) inelastic demand, the price won’t drop by much?
this isn’t analysis on subprime cdos by wall st. economists, its econ 101 supply and demand.
Bush invaded Iraq to further the cause of Freedom. I don’t know why he won’t invade North Korea to further the cause of freedom. Or Somalia. I suppose thoe people are free already.
Bottom line for Wall Street is money. Its all about the capital gains rate. Obama want to nearly double it to 28%. Hillary wants to keep it where its at, or at most, raise it to 20%. Thats real money to most Wall Street people.
Let me explain to you how this works: you see, the corporations finance Team America, and then Team America goes out… and the corporations sit there in their… in their corporation buildings, and… and, and see, they’re all corporation-y… and they make money.
AND THAT’S JUST NOT FAIR
typical
conservative
racist, hate filled, prejudice
Ha, Clinton who is worth >$100M because her husband spent the last 8 years grubbing for speaking fees like a pig in search of truffles calls others “greedy”. Her once management consultant now hedge fund “worker” daughter isn’t “greedy” either I’m sure. Classic “do as I say not as I do”.
@ab
OK, the gas tax idiocy…
WS economists may blast it. But I know of economists like Krugman, who is not a WS economist and tends to support Clinton blast it too.
Krugman:
“I’ve been on the road (actually doing a public dialog with Barney Frank on financial reform), so I’m just catching up. Anyway, John McCain has a really bad idea on gasoline, Hillary Clinton is emulating him (but with a twist that makes her plan pointless rather than evil), and Barack Obama, to his credit, says no.
Why doesn’t cutting the gas tax this summer make sense? It’s Econ 101 tax incidence theory: if the supply of a good is more or less unresponsive to the price, the price to consumers will always rise until the quantity demanded falls to match the quantity supplied. Cut taxes, and all that happens is that the pretax price rises by the same amount. The McCain gas tax plan is a giveaway to oil companies, disguised as a gift to consumers.”
http://krugman.blogs.nytimes.com/2008/04/29/gas-tax-follies/
–
Notice however that Krugman gives credit to McCain as the originator of this fraud, but the NY Sun doesn’t. Clinton is joining McCain on this one, Obama knows it’s folly.
I thought they were taking Eight Belles out behind the shed and putting her down tonight after the polls close.
let’s dont forget y’all that Hillary’s cattle trades caused more cattle to be traded which then farted at the feed lots en masse which depleted the ozone layer which caused the Limbaugh Ice Shelf to break away from Prudhoe Bay in the antarctic causing the Exxon Valdez to run aground and allegedly pollute some Alaska shoreline and kill birds which offended PETA and caused illegal immigration and thus the growth of the celebrity of Lou Dobbs.
I mean, come on, people!!
Signed,
`The Guy Who Listens to Talk radio All Day
Is Erin Burrnet wearing the same green top she wore yesterday?
Speculate…. NOW!
I hope her daughter is the first person out of a job if Hillary wants to punish Wall Street.
I am so tired of this hypocritical political b.s.
@9:40……I agree with you that things will be vastly better when Bush has left office.
Hillay (well, and Bill) are the sharpest, super-electable pips with a strong record that shows that they can successfully balance Wall St interests with populist demands, all without going into the Bush-style debt!
Show me what McCain can do besides “Bomb Iraq”!
@ 9:17 – Finally. I was waiting for someone to get to the important issues. But no, that was a greener shade of green. I liked her hair better yesterday.
How many people on the Street have the nerve to take tax deductitions by donating $10mm to their own charity. Then allocates the fund from said charity for their own personal benfit. e.g. donating to the states she’s campaining in.
@8:56
“Bush invaded Iraq to further the cause of Freedom. I don’t know why he won’t invade North Korea to further the cause of freedom. Or Somalia.”
Or Saudi Arabia, for that matter.
Economist-bashing, hmm, who does that remind me of. Oh yes, Robert Mugabe. Last refuge of a scoundrel?
When politicians rail against economists, they’re essentially shooting the messenger for harsh facts like “no, you can’t magic jobs out of thin air by writing some legislation”.
@9:58:
What’s wrong with the Saudis?
she’s an insult to liberals – if she gave a shit aboutt he democratic party she’d have stepped down a long time ago.
HATE her and her nonsense rhetoric.
@9:57AM:
“How many people on the Street have the nerve to take tax deductitions by donating $10mm to their own charity. Then allocates the fund from said charity for their own personal benfit. e.g. donating to the states she’s campaining in.”
This doesn’t take “the nerve.” All this takes is one great accountant.
Girl,
Grow up.
Boys won’t like you better if you hate fellow girls.
@ 10:06,
She’s not a fellow girl, she’s a candidate, and as a citizen I’m allowed to assess her however I like.
Girls….if they didn’t have a pussy on them there’d be a bounty on their heads.
There there 10:10, I think someone is badly in need of a trip to the “masseuse” over lunch.
@girl:
honey, I think you are in need of a “masseur”.
I’d be happy to offer my big friend here.
Aaaaahhhh….the name is Bootsy, baby.
@ 10:19
i’m not your honey. thanks for the goodwill though.
@girl: Spoken like a true Obama supporter. Problem is that the contest is essentially tied, with your boy especially good at winning caucuses and black votes in red states, and provided we conveniently ignore Florida and Michigan. So why would Hilary leaving be good for the D party? Your boy is simply a smooth talker, who posts interesting position papers on his web site and has no chance of beating McCain in the fall.
@10:28AM:
‘girl’ likes the boy’s exotic shlonger… She just doesn’t want to admit it.
My Obama-supporting friends get this look on their face when they talk of Him, like the prophet has finally arrived. I just don’t get it.
Hillary can carry both races, men and women, yound and old. The other “candidates” are jokers.
McCain wants to bomb Iran, not Iraq
…and it’s not because he is a war hawk, it’s because the Beach Boys told him to
@10:31
that’s so funny
@10:32 Funny? I think its weird. Like they’ve been hypnotized or given some drug. I want to shake them.
@ 10:28
My issue is with the type of politics she employs – divisive, attacking, and largely baseless. Sure that wins an equal amount of votes, but not ones based in common sense or desire for improved leadership. As an original Illinoisan, I know for fact that Obama affected a good deal of change as our Senator, which is collectively mroe impressive to me than Hillary riding her husband’s coattails to a puppet presidency.
I can’t posit on his chances of beating McCain in the fall, but I’d be pleased if for once we could elect someone (even to the primary) who didn’t rely on petty attacks to win their campaign. That’s all.
Does this mean Hillary won’t be needing anymore Lloyd Blankfein fundraisers after all?
girl… thank you. As is, Hillary seems to be fond of the scorched-earth political strategy.
girl’s name is Bootsy?
10:39:
Please report to the Mothership.
hahaha
I dunno. I get the argument that Hillary needs to step aside for the good of the party and all, but I also don’t see why she should. For her self-serving purposes, a McCain victory is almost advantageous.
And in many ways, she does have a genuine case to be made, regardless of how much of a stretch it is. She is significantly trailing Obama at this point in the game, yes, but she can point to a number of metrics that give her a fair amount of credibility. Why should she have to drop out before the race is over if she thinks she can find some way to win it?
Go ahead and respond to this with generic anti-Hillary slurs, but before you do, please note that you will be missing my point entirely. I am by no means “on her side”. To be honest, I don’t have a fucking clue who I’ll be voting for in November. I’m a registered Republican.
But you’ve got to admit that Obama has exposed some major vulnerabilities. While it may be disastrous for the Democratic party to continue the infighting (and I’m not necessarily convinced that it will be, but let’s assume so), she is under no obligation to cease the pursual of any strategy that she thinks will enable her to reach her goal.
@ goldengirl,
She is under an obligation to cease the pursual of her strategy precisely because it caters to her individualistic goals while she continues to preach that what she is doing is “right for the party.” This is the definition of hypocrisy.
Christ, it’s just talk. If you think the Clintons are anti-Wall Street, you need to quit with the woe-is-me victimization crap. Oh, they only cut out some of the many regulations you wanted axed and not all of them? Boo fucking hoo.
Not so sure the infighting is the problem. Obama just can’t close the deal. No matter what, he does not seem to be able to resonate beyond blacks and what used to be called brie eating volvo drivers. No way to win an election.
Can a Hillary supporter PLEASE explain the appeal to me? I really do not get it.
Cannot say I am a supporter of Obama or McCain but they don’t make my skin crawl like she does.
girl @10:55 Are you so blind that you can’t see that those same comments would apply to Obama as well?
She may make your skin crawl but she’s a fighter with an excellent grasp of policy
@girl, ok, enough with youthful idealism. you had your moment, and you rallied. now the moment (or moment-um) is over, and let serious people do what’s best for the country.
I was for Clinton at the start of all of this but I have to admit I became turned off by her campaign tactics. I think this gas tax proposal is nonsense and irresponsible. I think her egotism is spectacular. Who made her queen and entitled to continue to divide the Democratic Party? I think she should pull back for the good of the party. I hope she can find the grace to do so.
@11.00am
OK let’s try again. What’s her appeal?
Does it make you feel better that Bush gives me the same reaction?
I used to care about bullshit like this… but now I just short Hilary contracts on intrade.com. It gives me a warm and fuzzy feeling inside to know that, come August, I’ll be richer and she won’t be President.
@11:02 Again, you’re blinded by Saint Obama. He’s as divisive as she is. Why doesn’t he leave for the good of the party?
But what if she believes that she IS doing what is right for the party? I know, I’m giving her too much credit, but still. You could turn that around on anyone.
@11:06
Clinton (the Clintons rather) are credible, experienced and, yes, they have a track record. In the office. For 8 years. That’s right.
If you know anything about hiring, who do you want to be a manager of your future (and that’s what a president’s role is): someone who is, according to his pastor of 20 years, a racist who hates our country, or someone who paid their dues, earned multiple respects and has successfully managed the country in the past?
@girl 10:55
Being a politician is the very definition of being a hypocrite.
@11:06 Let me try again. She has an excellent grasp of policy issues, where sometimes the devil is in the details. Recent example: her stance on corporate taxation. She clearly understands the idea of offshore profits, how they are taxed and not taxed by the US. Maybe you don’t agree with her stated position, but give her credit for deeply understanding the issue. Unlike most in DC.
@11:06 Let me try again. She has an excellent grasp of policy issues, where sometimes the devil is in the details. Recent example: her stance on corporate taxation. She clearly understands the idea of offshore profits, how they are taxed and not taxed by the US. Maybe you don’t agree with her stated position, but give her credit for deeply understanding the issue. Unlike most in DC.
What amazes me is that Clinton was more popular after he got impeached than before!
I guess 11:17 is buying the Co-President argument. wow.
Suppose there had been no Monica? What would you Clinton bashers ever talk about?
@girl 10:55, I fixed it for you:
Pursual of individualistic goals while preaching that what your doing is “right for the people.” Is the definition of the dem party.
Hmmm … w/o Monica?
- the number of Clinton administration related murders
- criminal probes and ties to known felons
- illegal campaign contributions
……. how about a general lack of ethical character?
@11:23
w/o monica? Can I add one? OK. How about the fact that William “Bubba” Jefferson Clinton could have taken care of Osama Bin Laden on more than one occasion with strategic strikes that were ready and waiting. And on one of those occasions, he wouldn’t get off the golf course to do it…I seem to remember a book referencing these accounts by people who had witnessed them. I am purpsosely not naming the book because it may force some of you to actually go out and read. HA!
Hi, @11:13am. @11:02am back again. Well, she’s divisive because she started out with huge negatives and rather than try to overcome or minimize the negative perceptions, she ran what seemed to me to be a negative campaign against Obama. This recent stuff about “Clintons aren’t quitters” just accentuated that she’s too proud to recognize the handwriting on the wall. I guess tonight will reveal more; but it may just be more stalemate.
Time to end this incessant bickering. Hillary should have the dems’ nomination.
For the good of the party, give Clinton the nomination and Obama cld be vice prez.
@1:49PM: Agree 100%
@12:16 Thats horseshit, right out of the mouth of Rush Limbaugh. If I was as stupid as you I would throw back the baloney that Bush could have finished him off in Tora Bora but chose not to.
@1:49 A few weeks ago NY Magazine did a satire on the D convention. At the last minute Obama tricks Hillary into loosing the nomination, by getting Wesley Clark as VP. The story ends with Bill wispering in her ear “Don’t worry, McCain’s gonna kick his ass”. So true.
But the Clintons will kick McCain’s ass…
so true too. But first she has to nab the nomination.
@2:19 You walked right into my trap… The book is “Dereliction of Duty,” read it! And if it is truly horse&^%$, then Clinton would have sued Lt. Patterson for libel for printing his witnessed account of Clinton not responding to Berger’s request to bomb Osama.
@2:45 Stay away from the crack pipe. McCain will mop up the floors with HillBilly.
@2:19 I forgot to add. Tora Bora we needed more ground troops to get him not a strategic strike like Clinton ignored.
I wouldn’t hang you hat on libel law to demonstrate what is and is not truth. Libel applies to you and me, not “public persons” like the Clintons. You can say anything you want about them without recourse. Look instead to the publisher who basically prints any crap supportive of hard right causes.
@3:21 Its early, so I wouldn’t bet my life savings, but I form my opinions from what I read on surveys in the key swing states: PA, OH, FL.
Well, let’s go and give Hillary our extra support then.
We are sooooo close to being rid of the Clinton crime family! Woohoo!
Hello? Elephant in the room alert?
People who swoon over Obama are in awe of his Blackness. That’s all. He’s like the Wizard of Oz, there’s nothing behind the curtain except for Rev. Wright and Michelle all hating on Whitey. He’s a shallow Alinskian-marxist black-power revolutionary. He’s nothing but a black straw-man pumped up by the Chicago Dem. machine. Without a script, he’s a hollow, feckless, waffling politician. If his picture were never on T.V. and nobody ever knew what color he was, he’d be forgotten by now.
And Hitlery? oh puh-LEEZE! She’s America’s ex-wife. And we all know what happens to ex-wives, don’t we?
Put her out to pasture already.
McCain is no prize, that’s for sure, but he’ll wipe the floor with either of these two McGovern wannabe’s.
The Dems have shot themselves in both feet with these two losers.
@10:25 You’er entitled to your opinion. See Romney today though who says Hillary’s a “formidible” candidate.
he was referring to the size of her ass.
@10:31 Don’t think so. He recognizes that winning black votes in red states is not the way to get to the white house. I suspect as well that he understands that there’s basically an undercurrent of prejudice in America that’s bad for Obama. Just like it was bad for Romney, when people couldn’t get past the fact that he was Mormon.
I think the fact that Romney is a Mormon is far weirder than the fact that Obama is black.
no it’s not.
Gee, i dunno. black or mormon? they both seem like really legitimate reasons to consider not voting for them? WTF?????????
are you kidding?
i would put their ethics, morality and integrity up against the clintons, eyes closed, any day of the week.
ANYONE BUT HILLARY 2008.
Re mormons.. Yeah, ethics, morality, integrity, but with a big big dose of weirdness. The fact that people actually believe such things says something about them.
yeah, nothing weird about a kaparot.
I’m a registered Democrat and I can’t vote for either Hillary or Obama.
Hillary lied about the sniper fire. I almost don’t mind that she lied- what I mind is that she’s so clueless or so egotistical to think she wouldn’t get caught. She had to have remembered the cameras on the tarmac. And absolutely EVERYTHING is findable on the internet. The fact that she doesn’t know that means she can’t run this country. She lied like 8 times over six months in great detail about how she dodged the sniper fire….all the time thinking she could get away with it. Too huge an ego or clueless about the internet. And the internet matters kids.
Obama is exactly like the Wizard of Oz. Good analogy. Hollow nice guy, who is too inexperienced to run the country.
I like McCain’s character – POW stuff (read the article in the WSJ written by Karl Rove – Karl Rove I hate with a hatred I reserve only for one other person – Bush, but still it was a good article.
Except he’s waffled, used to be pro-choice and for gay marriage now he’s joining the evangelicals. Pandering. And that gas thing?
I’m a democrat who really was wishing the I could push the lever for Rudy. Would have been my first Republican vote. Sigh. He ran a clueless campaign. (maybe on purpose, in the end he might have decided he didn’t want people to look too closely into his connections…sigh)