None of the Bankers Think Hillary Clinton Believes Her Populism, a Financial Journalist Wrote
The following is an excerpt from Chapter 11 of Listen Liberal: Or, What Ever Happened to the Party of the People? It describes the puzzling and contradictory "microclimate of virtue that surrounds Hillary Clinton."
As Hillary Clinton has no doubt noticed, the circumstances of 2016 present a striking similarity to the ones that put her husband in the White House in 1992. Again Americans are outraged at the way the middle class is falling to pieces and at the greed of the people on top. The best-seller lists are once again filled with books about in equality. Today Americans are working even harder for even less than when Bill Clinton made "working harder for less" his campaign catchphrase. Hillary Clinton -- the way any Democrat -- will play such a situation is extremely easy to guess.
"You see corporations making record profits, with CEOs making record pay, but your paychecks have barely budged," Hillary declared in June 2015, launching her presidential campaign. "Prosperity can't be just for CEOs and hedge fund managers." On she talked as the months rolled by, pronouncing in her careful way the rote denunciations of Wall Street that were supposed to make the crowds roar and the financiers tremble.
That those financiers and hedge fund managers do not actually find Hillary's populism menacing is a well-established fact. Barack Obama's mild rebukes caused Wall Street to explode in fury and self-pity back in 2009 and 2010; the financiers pouted and cried and picked up their campaign donations and went home. But Hillary's comments provoke no such reaction. Only a few days before she launched her campaign, for example, John Mack, the former CEO of Morgan Stanley, was asked by a host on the Fox Business channel whether her populist talk was causing him to reconsider his support for her. On the contrary: "To me, it's all politics," he responded. "It's trying to get elected, to get the nomination."
"None of them think she really means her populism," wrote a prominent business journalist in 2014 about the bankers and Hillary. The Clinton Foundation has actually held meetings at the headquarters of Goldman Sachs, he points out. He quotes another Morgan Stanley officer, who believes that "like her husband, will govern from the center, and work to get things done, and be capable of garnering support across different groups, including working with Republicans."
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http://www.truth-out.org/opinion/item/36010-none-of-the-bankers-think-hillary-clinton-believes-her-populism-a-financial-journalist-wrote
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