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Fri Aug 1, 2014, 10:27 AM

David Sirota: Clinton Isnít Warren, No Matter What Her Allies Say [View all]


from In These Times:



Clinton Isnít Warren, No Matter What Her Allies Say
Despite recent claims by Hillary Clinton constituents that she aligns with Elizabeth Warren, a look at her track record proves otherwise.

BY David Sirota


Hillary Clintonís political allies want Democratic primary voters to believe that the former secretary of state is just like populist Massachusetts Sen. Elizabeth Warren, and they've been claiming that there are no differences between the two possible presidential contenders. Thereís just one problem: Thatís not true.

Clinton last week filled in for George W. Bush at an Ameriprise conference, continuing a speaking tour that is raking in big money from Wall Street. One of her aides later downplayed the idea that Clintonís relationship with the financial sector could be a political liability for her, should she face Warren in the 2016 Democratic presidential primaries. The aide defiantly insisted that the two are exactly the same.

ďAsk any so-called 'left' or 'liberal' critic of Hillary to name a single vote or position (on) which Elizabeth Warren and Hillary would disagree,Ē said the Clinton strategist to The Hill newspaper.

OK, fine. Iíll take the challengeóthere are many differences between these two politicians.

For example, in her book, The Two Income Trap, Warren slammed Clinton for casting a Senate vote in 2001 for a bankruptcy bill that ultimately passed in 2005. That legislation makes it more difficult for credit card customers to renegotiate their debts, even as it allows the wealthy to protect their second homes and yachts from creditors. According to a 2009 study by the Federal Reserve Bank of New York, the bankruptcy billís provisions changing debt payback provisions played a central role in the foreclosure crisis, as the new law forced homeowners to pay off credit card debts before paying their mortgage. ...............(more)

The complete piece is at: http://inthesetimes.com/article/17021/Clinton-Warren-differences



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