2016 Postmortem
In reply to the discussion: I'd like to know why you feel Hillary favors Wall Street and Corporate America (VERY LONG POST) [View all]Lucinda
(31,170 posts)dig into your links to respond more fully, but I wan't to give some first impressions.
First of all, I despise the fact that that any campaign donation cannot be publicly viewed and vetted. That needs to end. And at the same time, at this time, I admit that I am glad to see that a Dem candidate can have really deep pockets when approaching the GE. This is going to be a brutal - expensive - election, and that will be the case regardless of who our nominee is. It stinks, and it needs to be fixed, but for this one moment in time, I think it will be of enormous help.
She can't legislate as POTUS, so there is much less of a chance of anything untoward happening than if she WERE corrupt, and sitting in the Senate. Though she and the Reps don't want Glass-Stegall reinstated they are for two very different reasons. I'm looking forward to reading your links on Glass-Stegall, did you look at mine?
I have to go back to my earlier statement about who her constituents were in NY, to talk a little about her ties to the financial district. I am in the minority that doesn't look at the financial institutions as a monolith, and the enemy. I think we need a healthy active Wall Street and banking systems. But they need to be regulated. It isn't surprising that they would have her come speak. She worked hard for NY as a Senator, and even though she takes heat for saying some of her support now may be due to the actions she and Schumer took after the attacks, I don't think it can easily be set aside. There were several financial businesses in the towers. And those people left behind families, and coworkers. In addition, those communities know each other. These are people, not just ledgers and spreadsheets, with some disembodied corporate body at the helm. Morgan Stanley alone, had 13 stories of offices in One World Trade. Our financial industry took a huge hit, and their Senators were there to help.
https://en.wikipedia.org/wiki/List_of_tenants_in_One_World_Trade_Center
I've seen some comments that I haven't responded to yet, that deal with her legislation favoring some companies, and I plan on looking at those along with your Glass-Stegall links. I hope it's ok to take a little more of your time after reading them. Thank you again for your response. I know there are broad divisions on the way people view Glass-Stegall, and I appreciate you sharing your point of view.
Lucinda