The Line That May Have Won Hillary Clinton the Nomination

[NCTraveler]

Maybe it’s too early for post-mortems. But the results the other night seemingly all but settled the Democratic primary race, which may have turned on a single moment.

Earlier this year, at a union rally in Henderson, Nevada, Hillary Clinton introduced a new theme in her stump speeches.

"If we broke up the big banks tomorrow," Clinton asked, "would that end racism?

http://www.rollingstone.com/politics/news/the-line-that-may-have-won-hillary-clinton-the-nomination-20160428

Really highlighted the depth of the message Clinton was bringing to the campaign. She started courting the base early and often talking about a multitude of issues we face.

Outside of a few missteps and one big mistake, she has really put together a very thoughtful campaign. It is something I have been proud to be a part of since O'Malley dropped out.

[Demsrule86]

6. Honestly

This post should be reviewed, but soon enough we will be on a GE footing. Until then I guess we have to put up with comments like this. Why do you feel the need to do this?

[jack_krass]

12. Why? Breaking up banks has jack shit to do with ending racis.

And nobody said it does. Sometime I think Hillary isnt so bright.

[moriah]

32. The point was that Bernie's message was too narrow for many voters.

I'm not saying it wasn't a good message, or an important message -- it's a vital message.

But he did stick very hard to one theme. Sometimes that works, and maybe in another election it will. But the voters (at least, those who have voted so far -- we still have contests) may have wanted to see more this time.

[JaneyVee]

42. Goldman Sachs didnt kill Mike Brown, Trayvon, or Sandra Bland.

[KittyWampus]

48. just like all candidates releasing their long form taxes for a couple of years...

has nothing to do with private speeches a candidate may have given.

[Demsrule86]

57. The point she was making

Last edited Sat Apr 30, 2016, 07:24 PM - Edit history (1)

is that there are more important considerations than breaking up banks which won't happen and should not happen unless it is done with great care...don't want to see China as the new financial capital.

[Betty Karlson]

16. Just another variation of the "socialism is sexism and racism" meme that Brock was pushing.

And yes, Clinton lies. Also: snow is cold and water is wet.

[KittyWampus]

49. So does Sanders… he didn't get invited to the Vatican by the Pope to speak. 5% growth is absurd.

You can't claim to have no access to your taxes AND use TurboTax.

[Betty Karlson]

52. Yeah... that reply completely missed anything resembling the point.

But for what it is worth: he was invited, and he did meet with the pope; thanks for trying that tired old lie once more. But then: you are just here to repeat David Brock's spins and lies, aren't you?

[Human101948]

2. If we don't break up the banks will minorities get better treatment?

I don't think so. But campaign contributions will keep roilling in.

[NCTraveler]

3. Maybe you can point to where that was said. Nt

[Human101948]

4. The implication is that banks have nothing to do with racism...

yet over the years they have been instrumental in enforcing racist policies--

Systemic Racism in Banking: The Wells Fargo Case

So, then it becomes necessary to understand Wells Fargo’s banking discrimination — and the housing segregation such discrimination creates — within an even broader context. For that, it’s important to understand the white racial frame that sustains systemic racism, as Joe has described here and in his important book by the same name. Note the loan officer mentioned in the NYTimes piece that referred to blacks as “mud people” and to the subprime lending as “ghetto loans.” These statements reflect thinking within the white racial frame and the result is the maintenance of systemic racial segregation in housing and further economic devastation of black families that might otherwise be homeowners.

That’s the real tragedy of this story, to my thinking. Families that worked hard, tried to buy a home and provide a better life for their kids, are now facing foreclosure – and maybe worse – because of the systematic racism in Wells Fargo’s banking practices. The question really becomes then if we, as a nation, are so “tragically bound to that starless midnight of racism,” as Dr. King said, that we can never move beyond it. It’s time, I think, to begin holding institutions accountable for racist practices like these.

http://www.racismreview.com/blog/2009/06/08/systemic-racism-banking-wells-fargo/

[NCTraveler]

9. That is not the implication at all.

The implication is that we need someone with more depth.

[Human101948]

10. Hillary is selling a bill of goods on the subject...

The story of America is a story of progress. But more than a half a century after Dr. King voiced his dream for a more equal America, and civil rights activists marched and died for the right to vote, America’s struggle with racism remains far from finished. Race still plays a role in determining who gets ahead in America—and who gets left behind.
Hillary knows that racial inequality is not merely a symptom of economic inequality. We need to address both. As president, Hillary will fight to break down all the barriers that hold Americans back and build ladders of opportunity for all people.

https://www.hillaryclinton.com/issues/racial-justice/

I read her prescriptions for ending racism and it seems the major point is ending "mass incarceration," something she and her husband were instrumental in creating. While I laud any efforts to stop those injustices, how that is going to "break down all the barriers" is a mystery to me.

[NCTraveler]

13. I don't think she is selling a bill of goods at all.

Most all of her policies are goals we can really work to accomplish in years.

By contrast, Sanders major campaign theme has been to break up the big banks. Can you highlight his detailed policy position to accomplish that goal?

[Human101948]

18. Straw man...

Where is Hillary's detailed plan on ending racism? Couldn't find it myself, even with Google.

The premise of your statement is incorrect. Bernie has more than one issue. Here's the list of issues from Bernie's website--

INCOME AND WEALTH INEQUALITY
IT'S TIME TO MAKE COLLEGE TUITION FREE AND DEBT FREE
GETTING BIG MONEY OUT OF POLITICS AND RESTORING DEMOCRACY
CREATING DECENT PAYING JOBS
A LIVING WAGE
COMBATING CLIMATE CHANGE TO SAVE THE PLANET
A FAIR AND HUMANE IMMIGRATION POLICY
RACIAL JUSTICE
FIGHTING FOR AFFORDABLE HOUSING
FIGHTING FOR WOMEN'S RIGHTS
WORKING TO CREATE AN AIDS AND HIV-FREE GENERATION
FIGHTING FOR LGBT EQUALITY
EMPOWERING TRIBAL NATIONS
CARING FOR OUR VETERANS
MEDICARE FOR ALL
STRENGTHEN AND EXPAND SOCIAL SECURITY
FIGHTING TO LOWER PRESCRIPTION DRUG PRICES
FIGHTING FOR DISABILITY RIGHTS
SENATOR BERNIE SANDERS' PLAN FOR PUERTO RICO
STANDING WITH GUAM
GENERAL ELECTRIC MUST PAY TO RESTORE THE HUDSON RIVER
CONSTITUTION PIPELINE MUST BE DEFEATED
SUPPORTING HISTORICALLY BLACK COLLEGES AND UNIVERSITIES
ENDING THE RACE TO THE BOTTOM
FIGHTING FOR THE RIGHTS OF NATIVE HAWAIIANS
IMPROVING THE RURAL ECONOMY
FIGHTING FOR NURSES
REFORMING WALL STREET
REAL FAMILY VALUES
WAR AND PEACE
WAR SHOULD BE THE LAST OPTION: WHY I SUPPORT THE IRAN DEAL
MAKING THE WEALTHY, WALL STREET, AND LARGE CORPORATIONS PAY THEIR FAIR SHARE
HOW BERNIE PAYS FOR HIS PROPOSALS

[NCTraveler]

20. Absolutely no depth.

After your comment, I was sure you had a plan to show.

[Human101948]

21. Where is Hillary's detailed plan to end racism?

I guess it's in the same lockbox with the speech transcripts.

You are loaded like a day old colostomy bag.

[NCTraveler]

25. Now you are simply deflecting from your original thought.

I do see it was out of necessity.

[JaneyVee]

43. Check her website. Its in there.

[Human101948]

45. I did. It's just doesn't have a detailed plan...

As previously noted--

The story of America is a story of progress. But more than a half a century after Dr. King voiced his dream for a more equal America, and civil rights activists marched and died for the right to vote, America’s struggle with racism remains far from finished. Race still plays a role in determining who gets ahead in America—and who gets left behind.
Hillary knows that racial inequality is not merely a symptom of economic inequality. We need to address both. As president, Hillary will fight to break down all the barriers that hold Americans back and build ladders of opportunity for all people.

https://www.hillaryclinton.com/issues/racial-justice/

I read her prescriptions for ending racism and it seems the major point is ending "mass incarceration," something she and her husband were instrumental in creating. While I laud any efforts to stop those injustices, how that is going to "break down all the barriers" is a mystery to me.

[JaneyVee]

46. "A new New Deal for communities of color"-HRC

Also, her first speech after her announcement was on criminal justice reform.

Oh, and Bernie voted for 94 crime bill. Hillary did not. So actually, Bernie was far more instrumental in mass incarceration since he voted for it. And it was veto proof, so Bill had to sign it.

[Human101948]

47. She did plenty of PR for jailing "super predators" and got far more press than Bernie ever could...

Bill would have been a hero for vetoing the bill even if it had been overridden. It was a crass political move.

Hillary's comments--

<iframe width="648" height="303" src="

" frameborder="0" allowfullscreen></iframe>

Contrasted with what Bernie was saying--

<iframe width="648" height="303" src="

" frameborder="0" allowfullscreen></iframe>

[Armstead]

15. Sanders has more depth than Clinton in real life

Clinton trots out these nice policies prepared by her advisers that sound nice in a campaugn and make her sound like she has "depth.'

But Sanders has been working in the details of policy in the trenches for a long time. You should look at what he accomplished in Burlington, for example. he rolled up his sleeves, brought in good people and made a lot of very specific and detail;ed changes that were both fiscally responsible and were also progressive....Programs that actually provided affordable housing, socially responsible economic development, and dealt with details like filling potholes and improved the quality of life for everyone.

In Congress he has also worked on legislation that dealt with the details of a;ll these things.

[NCTraveler]

23. I don't believe that for a second.

And I think Sanders is a very thoughtful man.

But his campaign clearly doesn't have the depth of the Clinton campaign. He had zero platform on social justice when the protest in Seattle occurred. He literally added it in the following weeks. We are not talking about a Jonny come lately here. He is a career politician who for the for the first time started really outlining full ideas in his seventies. He doesn't even have a detailed plan for his number one priority he is promoting on the campaign trail.

None of that makes him a bad person not is it a shot at him. It's fact. He is an excellent Democrat and will play a role moving forward similar to what you mention he has done in the past. He might even have a little additional clout in the senate. Very positive.

[Armstead]

29. I beg to differ but since we've been nice to each other lately, I'll just say this...

I will agree that his campaign made some flubs, and did not highlight Sanders real strengths as much as it should have.....But it was not a slick corporate operation that has been years in the making. It was a people's campaign built in a short period of time. Overall it accomplished something amazing.

His actions ion Seattle diod not reflect his social justice positions. Seattle was a hijacking by a couple of overzealous activists. But Bernie responded respectfully, and took the hit, rather than showboating by getting into a yelling match like Bill Clinton did or scolding a protester like Hillary did.

His remarks about the south were a political assessment, not a statement disparaging AA's in the south.

[NCTraveler]

33. I want to tell you I said almost exactly this...

The day of Seattle and the days following. I sure as hell wasn't a part of the train painting Sanders as a racist.

"But Bernie responded respectfully, and took the hit"

While not perfect, I can't imagine a much better response under the circumstances. His campaign greatly changed that day.

I agree the hijacked his campaign. Both campaigns actually. But I seem to view it as a thing of beauty. I truly believe they are the revolution we are witnessing and have had the biggest impact on our primaries.

[Armstead]

34. ..............................................

http://www.democraticunderground.com/?com=view_post&forum=1251&pid=1863054

[Armstead]

31. yep

A Legacy Of ‘Civic Engagement’
http://www.wbur.org/2016/03/18/bernie-sanders-burlington-vermont

Here, on the edge of downtown Burlington are the shores of Lake Champlain, with the mountains of upstate New York visible to the west. This is perhaps the most visible part of Sanders’ legacy in this city. Before he became mayor, much of this shoreline was an inaccessible industrial wasteland. Sanders pushed an effort to reclaim it and open it up to the public. And today, there are playgrounds, parks, a community boathouse and an eight-mile bike path along the shore.

Almost one year ago, Sanders chose this spot to announce his run for the presidency.

“As mayor I worked with the people of Burlington to help turn this waterfront into the beautiful, people-oriented public space it is today,” Sanders said to cheers. “We took that fight to the courts, to the legislature and to the people, and we won.”

That fight went all the way to the U.S. Supreme Court and established a major precedent that supported public ownership of the waterfront.

If the waterfront represents one part of Sanders’ view of what democracy should be about, the Champlain Housing Trust represents another.

“Bernie had invited us to Burlington because in his words, ‘I need a few new ideas for affordable housing,’ ” said John Davis, who worked as the city’s housing director for Sanders, who was among the first to champion community land trusts, which promoted homeownership for low-income residents in Burlington. Land trusts make it easier to own a home by allowing families to purchase just the house, while a nonprofit agency pays for the land.

“People focus on Bernie the socialist and they assume that his highest priority is going to be to expand the government sector, or to suppress the market sector. He did neither,” Davis said.

Instead, Davis says Sanders pushed to make the private sector more fair and government more efficient by investing in the nonprofit sector, like the Champlain Land Trust — which over the years has helped hundreds of low income families become homeowners and providing a model that cities and towns around the world have copied.

But Davis says the most significant part of Sanders’ legacy went beyond any one particular program or policy. McNeil, the ex-city attorney, agrees.

“If I were to characterize Bernie’s legacy, it would be more about civic engagement, frankly, in terms of just the way he involved people in government,” McNeil said.

[NCTraveler]

35. Yes. Depth.

the opposite of your reply.

[1StrongBlackMan]

38. It's kind of telling that on matters of civic engagement ...

the proof is 30+ years ago ... nothing more recently.

[riversedge]

5. How will Bernie break up the Big Banks? He never really laid out a plan?

[Human101948]

8. Here's Hillary's plan in contrast...

Make sure no firm is ever too big and too risky to be managed effectively. Hillary’s plan would give regulators more authority to force overly complex or risky firms to reorganize, downsize, or break apart.

https://www.hillaryclinton.com/issues/wall-street/

Loaded with detail,isn't it?

[Eric J in MN]

14. Bernie Sanders is a co-sponsor of Elizabeth Warren's

...bill to restore Glass-Steagall.

He's also introduced legislation which would empower the Treasury Secretary to identify Too Big to Fail banks and break them up.

[Demsrule86]

7. I have to tell you

I am not sold on breaking up the banks...our financial sector is the capital of the world...we need regulation for sure...but I don't want to see the financial capital end up in China. You guys don't take into consideration our economy, and now we have to consider the global economy. I think this may have also helped her. Banks are not popular so maybe people don't want to admit this reluctance to screw with an economy that needs some work in terms of inequality but is doing way better than 08. Raise taxes on the wealthy, especially inheritance tax and raise the minimum wage and get a public option into health care. Those things would definitely work are doable if we win the gerrymander lawsuit or take back state government...break up banks without a great deal of thought or care? I don't know if it is a good idea.

[sufrommich]

11. I think there were many lines,spoken by both

Hillary and Bernie,that won her the nomination.

[Armstead]

17. That line typifies her false dichotomy

Throwing apples and oranges into one basket. It's possible to walk and chew gum at the same time. Working on economic reform does not mean that racism can't be tackled also.


And also misleading because it does ignore the institutional racism in economic behavior, and the effects on POC and the working poor.

[Bread and Circus]

22. ^ This

[hellofromreddit]

19. Oh! Non-sequitur things? Let me try: if we elected a woman tomorrow, would that reduce poverty?

What a fun game!

[artyteacher]

51. actually, yes. especially hrc. eom

[hellofromreddit]

56. Umm, how?

[Sancho]

24. Again, Hillary is correct on this. Breaking up the banks won't change racism, inequality, sexism.

The size of banks has nothing to do with social issues. Regulating banks can be done with Dodd-Frank if enforced.

Breaking up US banks would do nothing to fix "social justice" issues. Most big banks are not in the US, and most influential money is not in the US. The US can't "break up" international banks.

https://en.wikipedia.org/wiki/List_of_largest_banks

1 China Industrial & Commercial Bank of China (ICBC)
2 China China Construction Bank Corporation
3 United Kingdom HSBC Holdings
4 China Agricultural Bank of China
5 United States JPMorgan Chase & Co.
6 France BNP Paribas
7 China Bank of China
8 Japan Mitsubishi UFJ Financial Group
9 France Crédit Agricole Group
10 United Kingdom Barclays PLC
11 United States Bank of America
12 Germany Deutsche Bank
13 United States Citigroup Inc
14 Japan Japan Post Bank
15 United States Wells Fargo
16 Japan Mizuho Financial Group
17 United Kingdom Royal Bank of Scotland Group
18 China China Development Bank
19 France Société Générale
20 Spain Banco Santander

http://www.huffingtonpost.com/2013/04/29/wealthy-stashing-offshore_n_3179139.html

Global Super-Rich Stashing Up To $32 Trillion Offshore, Masking True Scale Of Inequality: Study

The global super-rich are stashing trillions of dollars offshore with the help of some of the world's biggest banks, putting billions of dollars out of the taxman’s reach and masking wealth inequality's true heights.

Wealthy people were hiding between $21 and $32 trillion in offshore jurisdictions around the world as of 2012, according to a 2012 study from the Tax Justice Network, an organization which aims to promote tax transparency. The study, highlighted by a recent Bloomberg News report, found that more than $12 trillion of that money was managed by 50 international banks, many of which received bailouts during the financial crisis, according to James Henry, the study’s author.

“There’s a lot more missing wealth in the world than we had known about from previous estimates,” Henry told The Huffington Post. “The real scandal is not all these individual scandals but the fact that world’s policy makers who know about this stuff, have basically done nothing.”

http://www.davispolk.com/dodd-frank/

On July 21, 2010, President Obama signed the Dodd-Frank Wall Street Reform and Consumer Protection Act. The legislation marks the greatest change to the financial landscape in decades, affecting the regulation of domestic and foreign financial institutions, banking entities and commercial companies. Many of the Dodd-Frank Act's provisions rely heavily on rulemaking and interpretation by financial regulators. Since Dodd-Frank's enactment, Davis Polk has offered a growing suite of resources to help institutions and market participants understand and comply with the new requirements and stay informed about recent rules, regulator studies, important dates and upcoming deadlines in the implementation process.

[Armstead]

37. The global economy and transnational shenagins are all the more reason....

that we need to continue and make more fundamental reform, to close such loopholes, force the financial sector to follow out damn laws and be accountable to the people, etc.

It should not be an excuse to allow them to continue as huge unaccountable empires that abuse the American people. This is OUR country and they should obey OUR laws.

[Sancho]

44. How do you propose that the US "enforce" banking laws in a hundred other countries???

The only way to do that is to have agreements (usually trade agreements with monetary rules and regulations).

The US will not likely invade China, Ireland, the BVIs, and Germany in order to look in the bank accounts!

Breaking up US banks (actually, some of the smaller of the international companies) is a waste of time and will only hurt the US economy.

Negotiating good international agreements would be useful. Obviously, Hillary would be better to do that effort, while Bernie would not have a clue.

Start by reading, The Economics of Inequality Hardcover – August 3, 2015
by Thomas Piketty

There are videos of Piketty and Warren discussing his books and theories.

[tymorial]

28. She is a sly one that Hillary

She produces a statement of fact while engaging in misdirection. I am impressed and that isn't sarcasm.

[dchill]

30. All I can think is,

You're kidding, right?

[RoccoR5955]

36. What a dumb statement.

Kind of like her saying, "If I bomb Iran when elected, will it increase Social Security?"
It figures she would use some narrow-minded comment to try to entice voters.
Clinton will say ANYTHING to get elected, then do whatever her corporate masters tell her to do.

[GreatGazoo]

39. The Line = the 5 and half hour one in AZ to vote

only to find your registration was hacked.

btw:
https://en.wikipedia.org/wiki/Redlining

[Chan790]

40. Well...

since the most damaging racism is pervasive and inherent to our current capitalist system (which is nothing like the meritocracy that Adam Smith proposed and the mercantile classes of the Enlightenment and Revolutionary periods pressed and rallied for) or more precisely, its ability to horde resources into social and ethnological clades in order to institutionalize racism and the effects of racism...breaking up the big banks would actually do more than anything (or everything combined) which Hillary has proposed.

That may be a complicated and intellectualized answer that requires a lot of thought and makes a poor soundbite...but it's true.

The oligarchy of the big banks Hillary wants to preserve is more racist and a more-damaging racism than anything the Klan or its ilk have managed to effect at any point in the last 30 years.

[NCTraveler]

41. I don't think you are accurate about the big banks.

I do agree that bringing us closer to economic equality would help big time. But breaking up the big banks wouldn't do more good than anything else. It is actuall a very simple thought generated to foster support among a certain segment. It is not comprehensive in any way and could have long term disastrous outcomes for minorities. There must be more depth in thought than that economically.

I do think getting banking back to banking is an important step. Sanders is going to have a great opportunity to get Glass passed. He is right where he needs to be to do so. Clinton will sign it.

That will still leave us with 99% of the systemic oppression that resides at every level of government.

[Recursion]

50. It's kind of funny to me

How people have responded to this. When it was pretty clearly a "here's what you did wrong". And your response was "no here's why it's not really wrong".

That never. Ever. Ever. Works.

[lagomorph777]

53. If we took bicycles away from fish, would that end poverty?

That's a pretty stupid line; I hope it doesn't cost her in the GE.

[actslikeacarrot]

54. Yet Clinton is not going to break up the big banks OR end racism.

So no sure what you are getting at.

[NCTraveler]

55. Who currently running is going to end racism?

This is the first I have heard of it.

[pressbox69]

58. Racism will never end but

a vote for Trump is a huge step in supporting racism forever.

[Scurrilous]

59. K & R