Hillary Clinton
Related: About this forumIronically, Hillary's approach to Wall St is more like FDR's than Sanders'
It's impossible to work with someone while you're growling at them. I remember a concept that was used a lot in the 90s about how we needed companies to be "corporate citizens". It's term that's outdated and unappealing now -thanks Mitt and CU- but the principle is valid. It's what got Sen Warren elected. They have to give back. People and people who run businesses have to be of mutual benefit, and they have to recognize the value of one another.
It surprised me to learn FDR sort of ended up doing it the same way-
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Weinberg befriended Franklin D. Roosevelt in 1932 while working as a member of the Democratic Partys National Campaign Finance Committee, and successfully raised more funds than any other member. Since many on Wall Street had opposed Roosevelt in the 1932 presidential election, Weinberg stood out as a prime candidate for the new presidents liaison to Wall Street. Indeed, in 1933, Roosevelt assigned Weinberg the task of organizing a group of corporate executives- called the Business Advisory and Planning Council to serve as a bridge between the government and the private sector during the economic upheaval of the New Deal. Weinberg handpicked executives with whom he wanted to develop business relationships, and deliberately invited no other investment bankers to join the Council, putting himself in the perfect position to network. Roosevelt admired Weinbergs work greatly, nicknaming him The Politician and offering him numerous federal appointments, all of which Weinberg refused.
When the United States entered World War II in 1941, Weinberg played an active role in engaging Americas private sector to overcome the nations considerable financial, industrial, and organizational challenges. Weinberg repeatedly proclaimed, government service is the highest form of citizenship, and, Ill never take a job in government in peacetime, but Ill take any job in time of war. Following Weinbergs success recruiting corporate talent for the Business Advisory and Planning Council, President Roosevelt entrusted Weinberg with an even more important mandate: forming the Industry Advisory Committee under the War Production Boards Chairman, Donald M. Nelson.
Weinberg personally met with the CEOs of Americas top corporations and told them:
Our nation is in grave danger. America needs an enormous number of talented executive leaders to organize a massive war production effort. The President has sent me here to get your help in identifying your very best young men. We need the smartest young stars youve got. And dont even think of passing off older men or second-raters. Im asking the same thing of every major company in the country, and Ill be watching very closely how well your men do compared to the best young men from all the other corporation. God forbid the people you pick are less than the best because God, President Roosevelt, and I would never, ever forgive you.
https://en.wikipedia.org/wiki/Sidney_Weinberg
The_Casual_Observer
(27,742 posts)Particularly from the outside and essentially nothing about it.
DemonGoddess
(4,640 posts)and this is totally off your great topic!
One of the things that makes me want to spew, is the constant comparisons to FDR, JFK, and MLK. He is like NONE of these men.
FDR came from wealth, born INTO wealth, and used his position for the betterment of most. I say most, because he didn't apply the same to POC. Having said that, it was a much more racist time then, than now.
JFK also came from wealth, and used his position for the betterment of society. Mind you, this is the SAME JFK who Mr. Sanders said made him want to vomit.
MLK worked for YEARS to get more equivalent rights for POC. I say more equivalent, because we're really not all the way there.
And yet, miracle man is supposed to do all this from day 1 by waving his magic wand.
fleabiscuit
(4,542 posts)All he has to do is conscript all males to go fight and bomb most industrialized countries flat. That way we can rebuild all manufacturing we lost so we can get them men folk working again and the women folk back in the house having babies. We can then start polluting all be want again and build unsafe rattle trap cars that last a couple of years and give those flattened countries loans so they can buy our shit.
The good old days.
I've never had a 90 year old tell me it was all wine and roses.