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Is Hillary Clinton good for business? Despite her populist rhetoric, she's no enemy of Corporate Ame

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RamboLiberal Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-03-08 07:15 PM
Original message
Is Hillary Clinton good for business? Despite her populist rhetoric, she's no enemy of Corporate Ame
In the final Democratic debate of the primaries on Feb. 26, Senator Hillary Clinton (D-N.Y.) trumpeted the populist theme of her campaign: "The wealthy and the well-connected have had a President," she said. "It's time we had a President for the middle class and working people."

The setting was Cleveland, Ohio — a must-win state for Clinton in the primaries as she tries to catch up to Senator Barack Obama (D-Ill.). Clinton portrays herself as a champion of the middle class, which she hopes will go over well with voters in Ohio, a state that has lost more than 200,000 jobs during George W. Bush's Presidency, ahead of its March 4 primary.

But while Clinton's talk is tough — on opposing tax cuts for the wealthy, the influence of special interests like health insurance companies, and Big Oil — her record and support base indicate she's hardly an enemy of American business interests. Some of the biggest names on Wall Street — including John Mack, Chief Executive Officer of Morgan Stanley and Steve Rattner, managing principal of the Quadrangle Group — have publicly endorsed Clinton. She has more maxed-out, executive-level donors than either Obama or Senator John McCain (R-Ariz.) and has pulled in $3.9 million from donors associated with the health-care industry, more than any other candidate. Donors affiliated with Goldman Sachs are her top contributors.

"On the stump, candidates often say things to voters that would make their contributors cringe, but in the end contributors have a good track record of getting what they want," says Massie Ritsch, a spokesman for the Center for Responsive Politics in Washington. "No matter who is elected President, Wall Street will have a friend in the White House House."

http://www.msnbc.msn.com/id/23411078/
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anonymous171 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-03-08 07:16 PM
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1. She's been trying desperately to channel John Edwards
But with little success.
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DJ13 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-03-08 07:21 PM
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2. The entire 'success' of the Clintons is due to taking money from traditional GOP sources
Corporations, executives, Wall Street, PAC money from various business groups.

Thats why I never could vote for Bill in 92 or 96, and why I cannot support Hillary now.

They are Republicans with a (D) behind their name on the ballot.
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rinsd Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-03-08 07:23 PM
Response to Reply #2
4. Obama has taken $50,000 more than Hillary from Goldman Sachs and $3.6M from the healthcare industry
Are you gonna drop your support for him based on your tightly held convictions?

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DJ13 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-03-08 07:28 PM
Response to Reply #4
6. The difference is
I KNOW Hillary will do the corporations favors if she's elected.

(The bankruptcy bill she sponsored soon after her first Senate run, paid in large part by the Finance industry proves that. Among many other bills she's affiliated with.)


But theres a very good chance Obama wont pay back his few corporate sponsors.


Why put your money on a candidate like Hillary that you KNOW will screw you over?
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rinsd Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-03-08 07:34 PM
Response to Reply #6
7. The bankrupcy bill she SPONSORED?
Which bill would that be?

(Pssst you won't find it, HIllary's record on banckruptcy bills is mixed, she's been against two during Bill's presidency, voted for 1 that did not pass as a Senator and was opposed to the latest one but missed the vote because Bill was having surgery.)

"But theres a very good chance Obama wont pay back his few corporate sponsors"

So basically your strongly held principle against receiving republican money has a bit of flex to it.
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rinsd Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-03-08 07:22 PM
Response to Original message
3. "Donors affiliated with Goldman Sachs are her top contrib." They lead for Obama as well ($50K more)
http://www.opensecrets.org/pres08/contrib.asp?id=N00009638&cycle=2008

In fact

"has pulled in $3.9 million from donors associated with the health-care industry, more than any other candidate."

And Obama has pulled in $3.6M.

Those stats seem less ominous when taken in context against the other candidates. But MSM only likes context to tear down (hence the refs to maxed out donors)

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TexasObserver Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-03-08 07:23 PM
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5. Hillary has been a DLC corporate water carrier for 6 years.
Her public service consists of a few months of work after law school while she studied for and failed the bar exam, slinking off to Arkansas with Bill to become a corporate shill within a year of graduating law school. She's never been a friend of the little guy and gal.
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rinsd Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-03-08 07:34 PM
Response to Reply #5
8. Hillary says she is DLC while promoting DLC policies, Obama just promotes DLC policies.
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