Bernie Sanders Criticized By Hillary Clinton Adviser He Tried To Block From Job

[boobooday]

Excerpt:

A top official for Hillary Clinton’s campaign dismissed the Wall Street reforms offered by her opponent, Bernie Sanders, as weak. The comments Monday represented an attack on the core of Sanders’ populist message, but were also notable for the messenger: a former Goldman Sachs executive and pro-deregulation voice in Bill Clinton's administration whom Sanders had once sought to block from getting a top regulatory job.

An email sent to Clinton supporters from Gary Gensler, the campaign’s chief financial officer, accused Sanders of having “taken a hands-off approach” on the “shadow banking” sector, a broad category of companies offering financial services outside the traditional regulatory system that includes, he wrote, “some of the riskiest institutions and activities in our economy.”

The Clinton campaign recently held a fundraiser with a top executive at Blackstone, one of the world’s largest shadow banking institutions.

http://www.ibtimes.com/political-capital/bernie-sanders-criticized-hillary-clinton-adviser-he-tried-block-job-2250713?utm_content=buffer88396&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer

[Scuba]

1. K&R

[Human101948]

2. Hard to see how Hillary will be a transformative leader...

when her best buddies are Goldman Sachs and Blackstone, two of the worst financial vultures in the history of the world.

[DUbeornot2be]

3. She's working...

... hard on a legitimate campaign to defund these shadow banksters...

... at $250,000. per hour as she advises them to "cut it out!"

[boobooday]

5. But she wagged her finger too!

[DUbeornot2be]

6. Well then...

... she probably got an extra 50k for theatrics...

[boobooday]

8. LOL!

[Art_from_Ark]

23. LOL!

[PatrynXX]

15. that reminds me of Donald in reverse

Where his kids are watching him and telling him to knock it off. :O

[Green Forest]

4. I really don't see how any Democrat who was for Change in 2008 can vote or work for Hillary now.

I decided I could not.

[Blue_Adept]

7. They're not real liberals

Or so I've been told a few times this past week.

[Armstead]

12. Liberal on issues that don't threaten the oligarchs

[PatrynXX]

16. well they come from an era where Liberal was a dirty word

except after 2008 the country shifted a bit Center Left and really did so in 2012. and the Conservadems were trounced in 2014. I saw Bill Clinton once in 1992 or so I believe. He was at a stop in LaCrosse WI and I remember being an ass about it. like I wanted to see better so it was an open crowd and eventually made it closer. by then it was packed so no closer but yeah a few people didn't like what I was doing but that was those weird almost 17 yr old things one did. I liked him up thru 2005. When I found out both Bush and Clintons owned major stock that would have the UAE control our American ports. Finding out Bush's and Clinton's were the same was a shock. - hence this link http://www.cbsnews.com/news/dubai-company-gives-up-on-ports-deal/ they gave it up. people tell me I have a good memory. (like I remember July 1979 almost 4 yrs old) (first memory I really have actually) of mom going into labor. people in politics that want me to be dumb hate my sort. I have a long memory. Even Reagan wasn't dumb enough to pull that one. Maybe now but not back then. Reagan was well liked by both sides.

[Green Forest]

18. I have a long memory, too. Some folks seem to have a very short memory.

The Clintons are playing them for fools.

[boobooday]

9. I worked for Jerry Brown in 1992

I voted for Bill twice, but was never enthusiastic about it, and always thought he was a phony and a panderer. I am filled with dread at the thought of hearing about Bill Clinton for another 8 years, and Hillary, well, she was clearly always willing to do whatever it took as well.

[Green Forest]

17. I understand...

... and I feel the same way.

[Scuba]

10. I'm sure Hillary's defenders will be along any minute to set us straight. Or not.

[boobooday]

11. It seems pretty indefensible to me.

But maybe that's just me.

[Uncle Joe]

13. Kicked and recommended.

Thanks for the thread, boobooday.

[Duval]

14. Kicked and recommended.

[Ichingcarpenter]

19. Blackstone owns SEAWORLD

Wall Street's Hot New Financial Product: Your Rent Check
Investment firms are playing landlord and bundling their rental homes into new securities. What could go wrong?




Toward the end of 2012, Mark Alston, a real estate broker in Los Angeles, began noticing something strange. Home prices were starting to rise, and fast—about 20 percent annually. Normally, higher home prices would signal increased demand from homebuyers and indicate that the economy was rebounding. But the home ownership rate was still dropping. Somehow, the real estate market was out of whack.

Then there were the buyers themselves. "I went two years without selling to a black family, and that wasn't for lack of trying," recalls Alston, whose business is concentrated in inner-city neighborhoods where the majority of residents are African American and Latino. Now all his buyers were businessmen in suits. And weirder yet, they were all paying in cash.

Over the last two years, private equity firms and hedge funds have amassed an unprecedented real estate empire, snapping up Spanish revivals in Phoenix, adobes in Los Angeles, Queen Anne Victorians in Atlanta, and brick-faced bungalows in Chicago. In total, Wall Street investors have bought more than 200,000 cheap, mostly foreclosed houses in some of the cities hardest hit by the economic meltdown. But they're not simply flipping these houses. Instead, they've started bundling some of them into a new kind of financial product that could blow up the housing market all over again.

No company has bought more houses than the Blackstone Group, one of the world's largest private equity firms. (Its many investments include Hilton Hotels, the Weather Channel, and SeaWorld. Among its institutional investors are Goldman Sachs, Morgan Stanley, Citigroup, Bank of America, Deutsche Bank, and JPMorgan Chase.) Through its subsidiary, Invitation Homes, Blackstone has picked up houses through local brokers, at foreclosure auctions, and in bulk purchases. Last April, it bought 1,400 houses in Atlanta in a single day. In Phoenix, some neighborhoods have a Blackstone-owned home on just about every block. As of November, Blackstone had acquired 40,000 houses, most of them foreclosures, worth $7.5 billion. Today, it is the largest owner of single-family rental homes in the nation.

http://www.motherjones.com/politics/2014/01/blackstone-rental-homes-bundled-derivatives

[boobooday]

21. Profits from both human and wildlife misery

So innovative and entrepreneurial.

[Ichingcarpenter]

22. People need to know that they lack moral judgement

and that who she's dealing with,

[Matariki]

20. Lift those stones and let the sunlight disinfect

[azmom]

24. Bernie is going to win.