General Discussion
In reply to the discussion: I'm so GLAD Obama took the going rate for his speech really early on. [View all]karynnj
(60,980 posts)Hillary Clinton had no LEGAL reason she could not charge whatever she wanted for a speech given to anyone.
The biggest problem was politically it was tone deaf. Everyone here knew that big banks and various Wall street firms (especially Goldman Sachs) were seen as at least partly at fault for the 2008 crash and they suffered little long term negative impact. Within a year big bonuses were back. Clinton giving private talks to them and withholding the transcripts was a negative. It opened a line of attack against her that did not have to be there. Additionally, it hurt her credibility when she sounded more positive on TPP on the tapes than in the debates. While this reflected that she did indeed shift her position from 2014 to 2016, those 2014 speeches were not out of line with her 2013/2014 PUBLIC positions.
The second problem was that there was the possibility of buying influence or access with the likely next President of the US. That is not a possibility with President Obama, VP Biden, SoS Kerry, GWB, Colin Powell etc. Nor, was it a problem if HRC charged a lot for post November 2016 speeches. This was not illegal or unethical, but it is politically something that people will question.