General Discussion
In reply to the discussion: Thomas Franks, the Clintons and "phony" Democratic populists in the New Gilded Age [View all]JDPriestly
(57,936 posts)Steagall. Sheer glee. In the photo of that moment, Clinton is flanked by rich, greedy bankers and members of Congress (none of them poor either).
See the picture here:
http://blogs.wsj.com/economics/2009/10/27/john-reed-on-glass-steagall-then-now/
Too enthusiastic about small government and deregulation, too anxious to please big business and the Republicans and of course that is understandable since who pays the Clintons' bills?
Who will pay for Hillary's campaign?
Wall Street of course, same folks who paid for Obama's campaign.
We need a government that represents the people, not Wall Street. Hillary is not the one.
Bill Clinton admitted that the repeal of some provisions of Glass-Steagall was a bad idea, a mistake. He did not admit the full extent of the mistake.
And then there is the big mistake that Hillary made: voting for the authorization for war in Iraq without really knowing the facts.
Two big, big mistakes, two crucial errors.
And in each time, the mistakes were made because the Clintons wanted to go along to get along. Wanting to be liked that much is a weakness, a serious one. We need a president with the courage to stand up to Wall Street and the military-industrial complex.