2016 Postmortem
Related: About this forumHow is Hillary going to rein in the "Bad Banksters" when they are her MAJOR Campaign contributors
Really Hillary - you expect me to believe they want NOTHING in return - do you really think the American voters are THAT Dumb. Or are you banking on the media to fall in line and look no further then a 2 second sound byte
These guys aren't just Wall St's Bad Actors - they were the creators of the entire mortgage crisis
The Blackstone Group and other members of the fast-money crowd have a risky new strategy for investing in real estatethis time as landlords.
This sensible dynamic between borrower and lender began to change in 1977. Thats when the Brooklyn-born Lew Ranieri came up with the clever idea that everyone would be better offthe borrower, the banker, and of course Salomon Brothers, his Wall Street employerif there were a way to buy up mortgages from local banks; package them together, thereby spreading the risk presented by any one borrower across a broad portfolio of borrowers; and sell slices of the resulting bundles to investors the world over, offering varying rates of interest depending on an investors risk appetite. Ranieri, who started at Salomon in the mail room, assembled a team of Ph.D.s to package, slice, and sell mortgages after he realized mortgages are mathstreams of cash flows that investors might want to buy. This powerful idea, dubbed securitization, was one of those once-in-a-generation innovations that revolutionized finance.
http://www.theatlantic.com/magazine/archive/2013/10/why-wall-street-loves-houses-again/309454/
and they have no intentions of stopping any time soon - now they are working feverishly to make sure we are all the "Debtor Class"
Can't wait to hear Hillary tell voters "Chin Up Americans - the American Dream hasn't been SOLD OUT to the Wall St elite, its just been modified a little bit for the new millennium"
Hillary - just admit it - you have absolutely NO Intention of reigning in run-away Healthcare cost. You expect us to believe (once again) that one of your Major Campaign Contributors Dick Cashin, the founder of One Equity Partners expects NOTHING in return for the lavish amounts of cash he has heaped into your campaign ..
Nothing to see here folks - One Equity Partners is buying up medical suppliers - with the full intention of making a profit
MILLVILLE, N.J.--(BUSINESS WIRE)-- WHEATON, a premium provider of laboratory glassware and consumables, announced today it has been acquired by Duran Group, a portfolio company of funds advised by One Equity Partners Capital Advisors L.P. (OEP). The transaction brings together two well-known and respected brands with strong reputations for quality and innovations serving the life science and healthcare markets, each with track records extending back to their founding more than 100 years ago. Since then the products of WHEATON and DURAN have become leading brands globally in the lab consumable sector.
http://www.streetinsider.com/Press+Releases/WHEATON+Acquired+by+One+Equity+Partners/10893259.html
I stand corrected - Hillary never said she was going to bring down healthcare cost. But her campaign contributors are literally banking on spiraling Healthcare Cost
Hillary - do you really think the American voters are that naïve, that stupid, or that gullable that you can rub elbows all day long with the Powerful Elite by day and you can look us in the eye and with a straight face claim you will be the defender of the Working Class ??
Gimme a fucking break
The "Who's Who list of some of you private fund raisers looks more like a list of Wall St's Bad Actors.
Among those in attendance were Blair Effron, the co-founder of boutique advisory firm Centerview Partners; Byron Wien, a vice chairman at Blackstone; Dick Cashin, the founder of One Equity Partners; Cliff Robbins, CEO of Blue Harbour Group; Wesley Edens, the co-founder of Fortress Investment Group; and Dermot Dunphy, a retired executive and former CEO of Sealed Air, according to people familiar with the matter.
http://blogs.wsj.com/washwire/2015/12/10/warren-buffett-goes-to-bat-for-hillary-clinton-on-wall-street/
Actually listening to Hillary's rhetoric on Wall St is so surreal we should just name it like a New Punk-Rock Band - "Hilly and the Wall St Bad-Actors Guild"
nichomachus
(12,754 posts)And getting nothing in return. They do that all the time. Why just the other day, I got a check from Lloyd Blankfein for $250,000. He said "Have a nice day."
FreakinDJ
(17,644 posts)laserhaas
(7,805 posts)GreatGazoo
(4,697 posts)Telling them to "stop the sheningans" is going for about $650,000 I hear.
nichomachus
(12,754 posts)Better to tell them to "cut that out."
AgingAmerican
(12,958 posts)panader0
(25,816 posts)I wonder how Chelsea felt about that.
FreakinDJ
(17,644 posts)Last edited Fri Feb 19, 2016, 12:51 PM - Edit history (1)
laserhaas
(7,805 posts)Kittycat
(10,493 posts)CLINTON: But let me get to the heart of your question. I was the candidate who went to Wall Street before the crash. I was the candidate who went to them and said you are wrecking our economy. What you are doing with mortgages is going to bring us down.
I called to end the carried interest loophole for hedge fund managers. I called to reign in CEO pay. I now have the most effective and comprehensive plan to deal with the threats that Wall Street poses, and I go further than Senator Sanders does because I want to go through after all the other bank bad actors.
The bad actors like hedge funds, the bad actors like AIG, the insurance company. Like Countrywide mortgage. I take a backseat to nobody in being very clear about what I will do to make sure Wall Street never crashes main street again. And, that you can count on.
http://www.nbcnews.com/politics/2016-election/transcript-msnbc-telemundo-clinton-sanders-town-hall-n520781
BillZBubb
(10,650 posts)The peasants will be placated. The banksters will grumble. And business will go on as usual. Everybody wins!
EndElectoral
(4,213 posts)Cosmocat
(15,469 posts)knowing he was well backed by big money, and knowing that he was likely to be more in line with big money as POTUS than I, and most here, would like.
I knew this BEFORE I voted for him.
I know this about Hillary, too.
That is a significant part of why I am voting Bernie.
He is more right on the issues and is as direct and out front in his advocacy of progressive policy as anyone in politics today.
But ...
This primary is very much in play, and I know this not what most Bernie backers want to think, but Hillary could very well be the democratic candidate for POTUS.
I know it feels all good to pile on her to some, but a Hillary POTUS is better than any R POTUS by 1,000 times over.
There is no one here who does not know who and what she is ...
You aren't getting Bernie any votes by piling on her here, just generating the republican like scorched earth mentality toward her to help make her unelectable if Bernie can't beat her in the primary.
I know this is lost on some, but I had a couple minutes of my life to tilt this windmill.
farleftlib
(2,125 posts)However, Hillary doesn't answer anything unless she's paid at least 10x as much.
HooptieWagon
(17,064 posts)They closed doors 7 years ago. She thinks voters are stupid.
reformist2
(9,841 posts)Countrywide, Lehman Brothers, even AIG - it went through bankruptcy and is a reformed corporation.
We should be most concerned with the behemoth banks that swallowed up the assets of these dead corporations and are now bigger than ever - Bank of America, JP Morgan/Chase, and yes, even Goldman Sachs.
FreakinDJ
(17,644 posts)WillyT
(72,631 posts)amborin
(16,631 posts)immunizes Wall Street from gov't regulation
FreakinDJ
(17,644 posts)all the while wearing a t-shirt under her pant suit with the work "Suckers" plastered on it
amborin
(16,631 posts)FreakinDJ
(17,644 posts)says Liar Liar all over her as several interrogation experts have claimed
"I don't know if we have enough to say she is lying or telling the truth, but enough to show a high level of discomfort," said Hadnagy, who also helps run Social‐Engineer, Inc.
http://www.businessinsider.com/expert-hillary-showed-high-level-of-discomfort-during-press-conference-2015-3
amborin
(16,631 posts)LonePirate
(14,379 posts)FreakinDJ
(17,644 posts)farleftlib
(2,125 posts)and it's too big a risk to take based on her past and how she's handling the questions about it.
She's asking to be president - with all that's at stake it's too big a risk to take on faith.
LonePirate
(14,379 posts)farleftlib
(2,125 posts)It sure as hell is unethical. And yes, I do think they're all bribed. That's why I'm voting for Bernie. He doesn't have a SuperPac or close friends on Wall St who pay him ridiculous sums of money to hear him blather.
In May 2015, Clinton announced that she'll support Priorities USA Action, a Democratic Super PAC, during her presidential campaign. She's the first Democratic presidential hopeful to endorse the powerful fund-raising groups.
http://www.infoplease.com/us/government/super-pacs.html
kenfrequed
(7,865 posts)She doesn't really intend to.
She will not really do anything to them at all.
Waiting For Everyman
(9,385 posts)She's like a termite. And lots of Dems are just like her.
Her participation in anything always has the effect of blunting any reform. Sure she participated, but at doing WHAT? That part is always assumed. It's assumed that she's for the reform, but that isn't necessarily so. We never know how much better the result could have been without her "help".
Then she'll say something like... Oops, well we tried hard, by golly, but all we could get done was a little incremental tinkering. Additionally, that lowers expectations for the next similar effort THAT'S what she does for her contributors. And they pay her a ton for it.
Yes, she thinks we're stupid. Or at the very least uninformed.
FreakinDJ
(17,644 posts)Waiting For Everyman
(9,385 posts)UglyGreed
(7,661 posts)fundraiser yesterday held by leaders of a financial group.............
BlueMTexpat
(15,700 posts)able to and he was of and from Wall Street.
FreakinDJ
(17,644 posts)merrily
(45,251 posts)Duh!
Jarqui
(10,924 posts)Send them transcripts of her speeches telling them to cut it out!!
amborin
(16,631 posts)Since 1992, the financial sector has donated millions to support the Clintons. The following reflects donations from employees and PACs of banks, credit card companies, securities and investment firms, accounting firms and insurance companies.
1992 presidential
$11.17 million
1996 presidential
$28.37 million
2000 senate
$2.13 million
2006 senate
$6.02 million
2008 presidential
$14.61 million
2016 presidential
$6.42 million
(through Sept. 3
FreakinDJ
(17,644 posts)DisgustipatedinCA
(12,530 posts)...is that we seem to care, and in large numbers. The same-old/same-old isn't anywhere close to good enough anymore.
amborin
(16,631 posts)FreakinDJ
(17,644 posts)
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