Clinton Wall Street speeches

Why Trump Winning the Republican Nomination is Good for American Democracy

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While it might sound strange, a coronation of Hillary Clinton in the Democratic primary will mark the end of the party as we know it. There’s been a lot written about the “Sanders surge,” with much of it revolving around Hillary Clinton’s extreme personal weakness as a candidate. While this is indisputable, it’s also a convenient way for the status quo to exempt itself from fault and discount genuine grassroots anger. I’m of the view that Sanders’ support is more about people liking him than them disliking Hillary, particularly when it comes to registered Democrats. He’s not merely seen as the “least bad choice.” People really do like him.

The Sanders appeal is twofold. He is seen as unusually honest and consistent for someone who’s held elected office for much of his life, plus he advocates a refreshingly anti-establishment view on core issues that matter to an increasing number of Americans. These include militarism, Wall Street bailouts, a two-tiered justice system, the prohibitive cost of college education, healthcare insecurity and a “rigged economy.” While Hillary is being forced to pay lip service to these issues, everybody knows she doesn’t mean a word of it. She means it less than Obama meant it in 2008, and Obama really didn’t mean it.

– From the post: It’s Not Just the GOP – The Democratic Party is Also Imploding

Donald Trump and Bernie Sanders have done America a great deal of good. By running from the political fringes, they have shattered status quo taboos and exposed the two party political system for the monumental sham it is.

Whether you like either one of them is irrelevant. The truth about how undemocratic our elections actually are, and the disturbing overlap when it comes to establishment Republicans and Democrats needed exposing, and that’s exactly what’s happened this election season. Personally, I wanted to see Trump vs. Sanders in the general election. I think the public deserved two non-mainstream choices for President for once in their lives, and such a match up would have provided two distinct non status quo visions for the future. That said, Trump vs. Clinton is the second best option.

The process of awakening that’s been happening across the electorate this campaign season is in large part due to the presence of Trump and Sanders, and this awakening is far more important than who wins in November. As Edward Snowden was quoted saying in yesterday’s piece, A Whistleblower Manifesto:

Fundamentally, in an open society, change has to flow from the bottom to the top.

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“What Difference Does it Make” – Hillary Clinton Emails Reveal More Shameless Cronyism

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When it comes to raking in questionable dough via the abuse of political power, the Clintons are in a league all to themselves. In fact, their shamelessness is so rampant and sloppy, the only explanation is they simply thought no one would ever dare hold them to account.

Here’s the latest example, from Raw Story:

Student loan debt continues to be one of the largest economic issues plaguing the U.S., with the total amount topping $1.3 trillion. Hillary Clinton’s higher education policy touts debt-free degrees for underprivileged students. But is she being genuine in her efforts to address the issue?

While Hillary loves to rail against shady for-profit colleges on the campaign trail, she does have some financial ties to them that are likely to shape whether or not she holds them accountable for ripping students off.

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Former Citigroup Trader Explains How Wall Street Came to Own the Clintons and the Democratic Party

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Former FX trader at Citigroup, Chris Arnade, just penned a poignant and entertaining Op-ed at The Guardian detailing how Wall Street came to own the Democratic Party via the Clintons over the course of his career. While anyone reading this already knows how completely bought and paid for the Clintons are by the big financial interests, the article provides some interesting anecdotes as well as a classic quote about a young Larry Summers.

Here are some choice excerpts from the piece:

I owe almost my entire Wall Street career to the Clintons. I am not alone; most bankers owe their careers, and their wealth, to them. Over the last 25 years they – with the Clintons it is never just Bill or Hillary – implemented policies that placed Wall Street at the center of the Democratic economic agenda, turning it from a party against Wall Street to a party of Wall Street.

That is why when I recently went to see Hillary Clinton campaign for president and speak about reforming Wall Street I was skeptical. What I heard hasn’t changed that skepticism. The policies she offers are mid-course corrections. In the Clintons’ world, Wall Street stays at the center, economically and politically. Given Wall Street’s power and influence, that is a dangerous place to leave them.

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