Archive for category Hillary Clinton

Who is Peter G. Peterson?

Peter G. Peterson

Nancy Altman on HuffPo:

The presidential debates should be an opportunity to focus on the most important issues of the day. Unfortunately, the producers of the second debate failed miserably at this goal, because of their selection of which questions to ask.

Prior to the debate, the producers agreed to consider the top thirty questions voted on by the public at Open Debates. The question with the third largest number of votes, posed by Ellen Pleasant from North Carolina in the video below, was “Do you support expanding, and not cutting, Social Security’s modest benefits?”

That straightforward question was voted third, out of more than 12,000 questions on which to vote. Over 45,000 Americans voted for Ellen’s question. With poll after poll showing that retirement insecurity is a top financial concern of most Americans and with the reality that Social Security is likely to be even more important in the future, the voting is no surprise.

But the moderators did not ask it – or any of the other questions in the top thirty…

Why not ask such an obvious question? David Dayen explains: Debate Moderators Under the Spell of Deficit-Obsessed Billionaire Pete Peterson.

Who is Peter G. Peterson? He is a former Nixon cabinet official and private equity billionaire who has been demanding cuts to programs he’s too rich to rely upon since the early 1980s. Peterson was the inspiration behind President Obama’s failed Catfood Commission and many phony “grassroots” groups calling for austerity budgets, and ending Social Security, Medicare, and Medicaid.

If you watch cable TV, you have seen the scary Peter G. Peterson ads warning us of impending economic collapse unless the Washington politicians come up with more tax cuts for the rich and benefits cuts for the 99 Percent.

Everybody in America totally rejects Peterson’s austerity plans. Everybody, that is, except the 1 Percenters and their bipartisan representatives in the nation’s capital. Even if Peterson remains unsuccessful in his quest to destroy our social safety net, his relentless propaganda helps stifle the debate about EXPANDING Social Security and other programs – which is what we ought to do.

A government of the people, by the people, and for the people is the opposite of what Peterson and his political allies such as Hillary Clinton want to achieve.

Did anyone notice in the last debate when Hillary pledged she would “not add a penny to the Debt?” That was Peter G. Peterson talking.


Hillary’s Wall Street Speeches: Politicians ‘need both a public and a private position’

Via Salon:

Hillary Clinton promised in a debate with Bernie Sanders last February to “look into” releasing the transcripts of her paid speeches to Wall Street. She never released the transcripts, but thanks to WikiLeaks we know that the Hillary campaign did an assessment of them to review the most damaging quotes.

Hillary’s speech excerpts are revealed in a Jan. 25, 2016 email from Tony Carrk, the research director of the Clinton campaign, to John Podesta, the campaign chairman, and other top campaign officials. Some examples cited by Salon:

Politicians “need both a public and a private position”

In an April 2013 speech to the National Multi-Housing Council, Clinton maintained that politicians “need both a public and a private position.”

“If everybody’s watching, you know, all of the back room discussions and the deals, you know, then people get a little nervous, to say the least,” she said,

“Politics is like sausage being made,” Clinton added. “It is unsavory, and it always has been that way, but we usually end up where we need to be.”

In other words, Hillary reserves the right to have two positions on every issue – but which one is the lie? BTW the “sausage” analogy was originally made by John Godfrey Saxe, but is often attributed to Otto von Bismarck. It is a political cliché.

Dreams of “open trade” world

In a May 2013 speech to the Brazilian bank Banco Itau, Clinton articulated her neoliberal, hyper-capitalist vision of the world.

“My dream is a hemispheric common market, with open trade and open borders,” she said….

“Far removed” from the middle class

In a February 2014 speech to the bank Goldman Sachs and financial management company BlackRock, Clinton admitted, “I’m kind of far removed” from the struggles of the middle class, “because the life I’ve lived and the economic, you know, fortunes that my husband and I now enjoy.” She added, “But I haven’t forgotten it.”

Clinton also said, “I do think there is a growing sense of anxiety and even anger in the country over the feeling that the game is rigged,” but she stressed, “I am not taking a position on any policy.”

The Intercept highlighted another quote, in which Hillary suggests the big banks ought to write their own regulations.

Touching on her view of developing financial regulations, Clinton declared to a crowd of Goldman Sachs bankers that in order to “figure out what works,” the “people that know the industry better than anybody are the people who work in the industry.”

Last but not least, we now know that Hillary told an audience at Morgan Stanley that she supported the Catfood Commission plan for tax cuts for the rich and benefit cuts for everyone else.

We ought to remember that the content of Hillary’s Wall Street speeches, as bad as it is, doesn’t outweigh the fact that she was paid $22 million. The speeches were primarily an excuse for the TBTF banks to financially reward the Clintons for their support over the years.

More info:
Salon: In paid speeches, Hillary Clinton said she “represented” and “had great relations” with Wall Street
The Intercept: Excerpts of Hillary Clinton’s Paid Speeches to Goldman Sachs Finally Leaked
Official Transcript Clock:

Previously on One Utah:
The $675,000 Question (February 4, 2016)


Allan Lichtenstein: ‘The rich get richer, the rest get poorer’

Wealth and Income Share of the Top 1%, 1913-2012

Wealth and income share of the top 1 percent

Via Truthout:

At one of the many high-dollar fundraisers Hillary Clinton held during the month of August, a personal-check donation of $100,000 would get an attendee a photo with Hillary, according to a recent New York Times article. Rubbing shoulders with the likes of Paul McCartney at a waterfront Hampton’s estate fund-raiser, Hillary “joined in a sing-a-long finale to ‘Hey Jude’.”

…Since the late-1970s, the top one percent of families have been steadily accumulating a larger share of the nation’s wealth (total assets people own net of their debts), recessions notwithstanding. In 2012 (the most recent available data), the top one percent of families (1.6 million families, each with at least $4 million in assets in 2012) held about 42 percent of all the wealth. Although still below the 1928 peak of 51 percent, the growth has been spectacular, almost doubling in close to 40 years.

“We must make our choice. We may have democracy, or we may have wealth concentrated in the hands of a few, but we can’t have both.”
Louis Brandeis


Here’s Why You Can Fear Trump

Our public lands

If you are looking for a reason to fear a Donald Trump administration, then take a look at his economic plan (emphasis added).

WASHINGTON: At a private meeting of conservatives in Cleveland this summer, Donald Trump’s senior economic adviser, Stephen Moore, said the candidate planned to pay for his costly proposals by eliminating the departments of Commerce, Energy and Education; lifting all restrictions on mining, drilling and fracking; ending Temporary Assistance for Needy Families programs, and offering rust-belt factory workers new jobs on oil rigs and steel mills.

Of course, federal restrictions are not stopping the development of fossil fuels at all. The only check on the industry is the current slump in prices.

On the contrary, our public lands (that we own!) are wide open to corporate oil & gas exploration, coal mining, you name it. What is needed is a leasing ban for public lands – but Hillary Clinton refuses to propose such a ban, and she has long since abandoned an earlier promise to phase out coal.

If coal, oil and natural gas didn’t get subsidized, renewable energy would be recognized as being incomparably cheaper than fossil fuels. Why are the major-party presidential candidates not proposing to create jobs with nationwide programs for solar and wind energy? Remember candidate Obama’s 2008 promise of a “green economy” before he became the fracker-in-chief?

The only candidate with an economic program that will help us instead of the corporations is Jill Stein, who proposes “a human-centered economy that puts people, planet and peace over profit.”

CNBC Debunks Industry-Backed Study Behind Trump’s Dirty Energy Plan

More info:
Behind Closed Doors, Donald Trump’s Adviser Explains His Real Economic Plan
Bernie Sanders Will Ban Fracking. Hillary Clinton ‘Sold Fracking to the World’


Hillary Emerges From Hiding, Says Nothing

I know there is plenty of speculation that Donald Trump is deliberately trying to lose the presidential election, but what about Hillary Clinton?

Clinton unveiled her plane, a Boeing 737-800 informally dubbed “Hill Force One,” and allowed press to fly with her for the first time during her campaign.

Hillary has been dropping in the polls, and the latest IBD/TIPP Poll indicates a tie with Trump.

Clinton and Trump are tied at 39% each in a four-way matchup that includes Libertarian candidate Gary Johnson, who gets 12% support, and Green Party candidate Jill Stein, who gets 3%.

Hillary hasn’t held a press conference since Dec. 5, 2015. She has been largely absent from the campaign trail for weeks, instead attending private fundraisers with the 1 Percent at hedge fund mansions.

Today Hillary appeared in Cleveland, Ohio in her new campaign plane, which parked next to Donald Trump’s plane. She delivered a speech that began with a massive coughing fit, and continued in a hoarse voice while MSNBC and CNN cut away (C-SPAN stayed with live coverage). The message: “Friends don’t let friends vote for Trump.” Um, what about the issues? Is there any reason at all for average non-rich Americans to vote for Hillary?

Trump plane Clinton plane
Trump’s Boeing 757 parked near Clinton’s leased 737 today in Cleveland, OH

CNN/ORC poll has Trump leading within the margin of error, 45% to 43%.

More info:
A record number of Americans now dislike Hillary Clinton
Hillary Clinton, rarely seen, rarely heard
Where Has Hillary Clinton Been? Ask the Ultrarich
Hillary Clinton Starts Speech With Massive Coughing Fit: “Every Time I Think About Trump I Get Allergic”


1 Percenters Celebrate Anniversary of Clinton’s ‘Welfare Reform’

Via The Intercept: 20 Years Later, Poverty Is Up, But Architects of “Welfare Reform” Have No Regrets

A gathering Monday in Washington, D.C., featured a bipartisan group of former government officials agreeing on the benefits of slashing the nation’s safety net.

This week marks the 20th anniversary of “welfare reform,” the 1996 law passed by Congress and administered by President Bill Clinton that strictly limited the amount of federal cash assistance that the poorest Americans can receive — transforming the Aid for Families with Dependent Children program into the more restrictive Temporary Aid for Needy Families.

One of the main impacts of the law was to help double the number of American households living in extreme poverty in America – defined as living on less than $2 a day.

The Capitol Hill event, hosted by the right-leaning American Enterprise Institute and the Progressive Policy Institute, which has been referred to as President Bill Clinton’s “idea mill,” celebrated the 20th anniversary of the law. Its architects said they had no regrets about its passage.

Former Michigan Republican governor John Engler, who pioneered state-level welfare cutbacks and who today serves as the head of the corporate lobbying group the Business Roundtable, recounted how Bill Clinton’s support helped make national welfare reform possible.

“It was pretty stunning in 1992 to have a Democratic candidate for president, albeit a 12-year veteran in the governor’s office talking about ending ‘welfare as we know it,’” he said. “That was a pretty decisive moment.” …

…At the conclusion of the event, the speakers and audience were treated to a reception featuring alcoholic drinks, cheesecake squares, specialty meats, and gourmet cheese.

The U.S. poverty rate has been increasing since 2000. The 2015 Census Bureau statistics have not been released yet, but in 2014 46.7 million Americans (14.8 percent) were in poverty. Only 4.1 million receive assistance from TANF.


Thomas Frank Warns Us Not To Trust The Less Trustworthy Candidate

Obama 2008

I’m not sure we actually have to be reminded never to trust a Clinton, however recently some have praised Hillary Clinton’s economic policy speech as if it mattered. I suspect her REAL economic views can be found in the Goldman Sachs speech transcripts that we’ll never see.

What matters are the polls showing she is the less trustworthy of the two major-party candidates. Which is amazing, considering that she is running against the guy who invented “Trump University.”

Thomas Frank, writing in The Guardian, reiterates the fact that Hillary hasn’t changed.

As leading Republicans desert the sinking ship of Trump’s GOP, America’s two-party system itself has temporarily become a one-party system. And within that one party, the political process bears a striking resemblance to dynastic succession. Party office-holders selected Clinton as their candidate long ago, apparently determined to elevate her despite every possible objection, every potential legal problem. The Democratic National Committee helped out, too, as WikiLeaks tells us. So did President Barack Obama, that former paladin for openness, who in the past several years did nearly everything in his power to suppress challenges to Clinton and thus ensure she would continue his legacy of tepid, bank-friendly neoliberalism.

My leftist friends persuaded themselves that this stuff didn’t really matter, that Clinton’s many concessions to Sanders’ supporters were permanent concessions. But with the convention over and the struggle with Sanders behind her, headlines show Clinton triangulating to the right, scooping up the dollars and the endorsements, and the elites shaken loose in the great Republican wreck.

She is reaching out to the foreign policy establishment and the neocons. She is reaching out to Republican office-holders. She is reaching out to Silicon Valley. And, of course, she is reaching out to Wall Street

Don’t expect Hillary to follow through on her progressive promises if elected. She is the status quo candidate.


Can We Talk?

Convince me

As Joan Rivers used to say, “Can we talk?” Because the corporate media coverage of the presidential race is barely mentioning the issues that affect you and me.

Lately all over cable TV they are vociferously debating whether Donald Trump is paying enough respect to the family of a U.S. Army captain who died heroically 12 years ago during Bush’s illegal invasion of Iraq (that Hillary voted for as a senator), after the father of said fallen warrior aimed a gratuitous insult at the notoriously thin-skinned Trump in a partisan DNC speech.

Most likely, this is a picture of the 2016 presidential campaign for the next 100 days. Hillary using surrogates to get Trump to say something that dominates the news cycle, or trying to get Trump to lose his temper during a debate. Anything Trump says is automatically news. Hillary has not held a press conference since last year.

What could the candidates talk about? Well, here is one suggestion. There is another recession coming, sooner rather than later. How will Hillary and Trump deal with the consequences?

Get out your wallets, America: It might not be long before we’re bailing out “too big to fail” banks again

Instead of ending the world of banks that are “too big to fail” and preventing banks from operating in ways that could again sink the economy, we have guaranteed them that the taxpayers are ready and waiting when they make another catastrophic mistake.

The Dodd-Frank regulations are not completely written yet, and probably won’t be in effect when the Wall Street billionaires crash our financial sector again. Is the American middle class about to take another big hit? Can somebody offer a plan to help us? We haven’t even recovered from the last time.

Hillary is going to have to offer much more than her current “OMG Trump!” campaign.


Cenk Uygur: ‘I Need You Guys to Buckle Up’

This convention is likely to be a thousand times more raucous than the Republican Convention, more divided, and so it’s about to start in a little bit and I need you guys to buckle up because there could be a lot more action here than there was last week. Remember the Republicans by their nature are authoritarian. They will fall in line, because that’s what they do — they’re conservatives. Whereas liberals do not agree. And so they don’t agree with the corporate control, they don’t agree with the money in politics, and Hillary Clinton is never going to give it up. So, that dissension is super real, and you are about to see it the next four days.

The Young Turks – Live From the DNC


HRH Hillary Rodham Clinton Takes Progressives For Granted

Hillary on the Iron Throne

All hail Hillary of the House Clinton, First of Her Name, Queen of Meereen, Queen of the Andals and the First Men, Lady Regnant of the Seven Kingdoms, Khaleesi of the Great Grass Sea, Mhysa, Breaker of Chains, the Unburnt, Mother of Dragons. Oh wait, that’s not her, that’s Dany on “Game of Thrones.” BTW Season 6 of GoT was awesome– Winter isn’t coming, it has arrived!

What has Hillary Clinton learned from more than a year of being yelled at by anguished progressives, worried about the disappearing American middle class and endless warfare? Answer: Nothing whatsoever. Winter is coming for neoliberalism, and Hillary just doesn’t get it.

Bill Scher on Politico:

She has in hand the endorsement of Bernie Sanders and Elizabeth Warren. She has the terrifying prospect of a President Donald Trump, who might be described as anti-progressive, as the ultimate foil…

…She’s not sweating the Green Party’s Jill Stein or the Libertarian Party’s Gary Johnson—who have been registering respectable poll numbers but combined have been drawing about the same proportion from the two major party candidates. She’s not nervous about the prospect of rogue Sanders delegates making a symbolic protest on the convention floor. She doesn’t believe she is going to lose enough of the left on Election Day to make a difference in the outcome.

Whether such confidence is justified is not crystal clear when looking at the most recent poll numbers. The most recent CNN poll finds Clinton keeping only 57 percent of Sanders voters, with 23 percent going to Johnson, 12 to Stein and five to Trump. Johnson and Stein are taking a combined 12 points in Saturday’s Real Clear Politics average.

I think Hillary actually believes she can pick up votes from anti-Trump Tea-GOPers. That’s crazy, because those are the people giving her such high negative ratings. She probably thinks identity politics will provide the winning margin, like it did for President Obama. She may know she has driven away progressives and independents, whose support she doesn’t seem to want anyway.

All in all an epic political miscalculation. This is going to be a close election, even though it really shouldn’t be. If the Dems nominated Bernie Sanders instead, it wouldn’t be. See below for Samantha Bee’s hilarious take on Tim Kaine for VP.

Next week’s convention is going to be interesting.

Read the rest of this entry »


No Joke

Trump enters the RNC stage

A year ago he was nothing but a joke, then he became one of 18 contenders for the Tea-GOP presidential nomination. Like the others, Donald Trump came up with gaffes that seemed designed to alienate voters – for example, saying your wages are too high. One by one, the other candidates exited the clown bus. Then Trump became the presumptive nominee, to the horror of most Americans including many Tea-GOPers.

Tonight he officially became the nominee, the first time a major political party has decided to run a candidate for the White House who has never before held elective office since General Dwight Eisenhower. He is also the most unpopular presidential candidate in the history of polling, just ahead of, you guessed it, HRH Hillary Rodham Clinton.

The elite pundits and Dem politicians tell us that Trump is a phony candidate running what amounts to a phony campaign. They could be right, but can they explain why the polls are tied within the margin of error?

Note to Dems: You can still nominate Bernie Sanders in Philadelphia next week. He has not suspended his campaign. The super-delegates will decide.

UPDATE: Apparently Donald Trump wants to live in the White House, but hopes to outsource the actual job of being President to Mike Pence.


Bernie Quits – Will There Still Be a Revolution?

Bernie quits

The Democratic Party establishment and the media figures who support them have been demanding that Bernie Sanders end his candidacy since about four months ago. Today he quit, with two more weeks to go before the convention.

The “most progressive platform ever” does not include opposition to the TPP, Medicare for all or a fracking ban on public lands. It suggests a $15 federal minimum wage – “over time” (i.e. not now). Oh, and none of this is binding on candidates anyway.

Hillary doesn’t think she owes anything to Bernie’s supporters, and she won’t give us anything. Her campaign wants people to vote against Donald Trump. It’s all about fear of Trump. There is no hope for the future. The lesser of two evils is still evil. They are basically tied in the polls, within the margin of error.

Jill Stein for President.


It turns out that although Bernie Sanders endorsed Hillary for President yesterday, he did not suspend his campaign. There will still be a contested convention in Philadelphia.

This e-mail came from Felicia Taylor, one of the organizers for the July 24 march in Salt Lake City:

After some re-organizing and time letting the dust settle, the organizers of this group have decided that we are not going to change the purpose of this event. We are STILL #BernieorBust and we are STILL marching to support Bernie’s bid for president on the democratic ticket (or otherwise if he changes course after the convention).

The reasons being that 1 – He DID NOT concede and is still going to a contested convention in two weeks and 2 – We cannot in good conscience support HRC when she is only this far ahead in delegates/votes due to election fraud and injustices against the citizens of this country.

We need to rally behind him now more than ever and show the DNC that not even Bernie could get us to support her being president of our country!

#SeeYouInSLC #UnityOverParties #StillSanders #NeverHillary


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