A cozy relationship with Wall Street fraudsters Goldman Sachs is the tip of the Clinton conservative iceberg that is a liability to the future of the Democratic Party.
From former DNC co-chair Tulsi Gabbard's Facebook page, in response to the New York Daily News story titled, Hillary Clinton camp now paying online trolls to attack anyone who disparages her online:
"Many moons ago, David Brock, now the head of a Hillary Clinton Super PAC, used every resource available to ruin the life of Anita Hill and anyone who supported her. He would lie, cheat, and blatantly misrepresent facts if it meant getting Clarence Thomas through the Supreme Court nomination process. Brock openly admitted it ... As head of the Correct The Record Super PAC for Hillary Clinton, David Brock has launched something called Barrier Breakers — an online mob of paid trolls designed to attack any and every person who says one cross word about Hillary Clinton on Facebook, Twitter, Instagram, Reddit, or elsewhere."
The Clintons and Goldman Sachs
TIME: "President Bill Clinton's tenure was characterized by economic prosperity and financial deregulation, which in many ways set the stage for the excesses of recent years.
Clinton, herself, is a barrier to national unity at a time when a record 43% of Americans identify as political independents, according to Gallup.
Barrier Breakers' latest attempt to rehabilitate Hillary Clinton's reputation:
Ads distracting from Hillary Clinton's past, present, and future economic and foreign policy positions imperil the security of the United States.
He also signed the Commodity Futures Modernization Act, which exempted credit-default swaps from regulation. In 1995 Clinton loosened housing rules by rewriting the Community Reinvestment Act, which put added pressure on banks to lend in low-income neighborhoods. It is the subject of heated political and scholarly debate whether any of these moves are to blame for our troubles, but they certainly played a role in creating a permissive lending environment."
Fact: After the financial crisis, Bill Clinton gave 3x more speeches to Wall Street banks than Hillary. Full list. Will a Hillary Clinton presidency require bankers to bail out the American middle class whose wealth has been stripped by multinational corporations and Wall Street banks past 30 years?
- Elizabeth Warren: Hillary Clinton catered to lobbyists and greed instead of the interests of the American people. "And as their profits grow, they just throw more into lobbying for how they can get laws that make it easier, and easier, and easier to drain money out of the pockets of middle class families."
- TIME Top 25 to blame for the financial crisis include Clinton, Greenspan
For the past 30 years, Bernie Sanders has had his eyes on the neoliberal ponzi scheme that puts the future of the United States in danger. It is a GOP sickness that has slowly crept into and infected the Democratic Party.
- America's Guilded Class Sending Poor Unemployed People to War is Not the Answer for Job Creation
We learned from Bush's Iraq War and the Bush-Clinton financial crisis that that reckless warmongering and conservative greed are no answers for job creation. While Republicans get their political financing edge from Citizens United, Democrats figured out how to get theirs from Wall Street and Hillary Clinton's corrupt associations. Both tend to feed off of Big Pharma, Big Oil, private health insurance industry, and private prisons.
When the U.S. economy experiences its inevitable crash, unnecessary wars of choice will always be an option.
- America's drug war puts the impoverished, undereducated, and underemployed in prison
- Unnecessary geopolitical wars send the remainder to unnecessary wars of choice, such as the Iraq War or potential wars with Iran or China
CBS: The bank once dubbed "vampire squid" will pay $5 billion after admitting it misled investors
A Goldman VP resigned in March 2012 and wrote an op-ed in the New York Times about why he left their culture of corruption (Watch: CBS 60 Minutes story on Greg Smith). Rather than seeing corruption, Hillary Clinton saw $$$ in 2013 when she made $675,000 from 3 speeches to Goldman Sachs. Clinton refuses to release the transcripts.
Tulsi Gabbard: "Goldman Sachs just got a mere slap on the wrist for its criminal role in the 2008 collapse of our economic system. Even though Goldman Sachs admitted it committed fraud that contributed to the collapse, the U.S. Attorney General and the Justice Department have let the powerful and politically-connected Goldman Sachs off with a fine. No criminal prosecution for fraud and no indictment of the individuals who engaged in a pattern of making "false and misleading" representations of the company's mortgage-backed securities.
We were assured the Department of Justice would prosecute the individuals responsible for the fraudulent behavior that cost millions of Americans their homes--and now we see that those assurances were empty.
Adding insult to injury, the fine won't even be paid by the Goldman Sachs employees who engaged in the criminal conduct--it will be paid by company shareholders." Goldman Sachs has 18 bullet points under "controversies" on Wikipedia.
Video Below: Goldman Sachs made a record $13.4 billion in profit in 2013. PBS NewsHour asks: How Does Goldman Sachs Make Money?
NY Times: Suicide in the United States has surged to the highest levels in nearly 30 years
Culture is Not Your Friend: Pharma Abuse, Reckless Drug Policy and Foreign Policy, Mass Incarceration, 1% Lobbying, Failure to Improve Mental Health and Addiction Care
Out of touch politics is killing America: Politicians Lack Courage to Fight Substance Abuse and Improve Mental Health and Drug Policy
The new astrology: By fetishising mathematical models, economists turned economics into a highly paid pseudoscience
Weapons of mass destruction: Bernie addresses greed and poverty
What do Republicans represent? Trickle down is a proven failure and their anti-LGBT agenda helps nobody
Billionaires: Pitchforks ready
The new astrology: By fetishising mathematical models, economists turned economics into a highly paid pseudoscience
The New Yorker: Why the S.E.C. Didn't Hit Goldman Sachs Harder
A top S.E.C. lawyer’s email: The financial crisis was “more fairly attributable to lesser human failings of greed, arrogance and stupidity” than fraud. This sounds like Hillary Clinton business dealings,foreign policy, domestic policy, speech policy, her judgment, and... okay, it's everything she represents.
Why nothing gets enforced with Wall Street
Who do you trust to make sure Goldman Sachs and the rest of the investment banks are utilized properly?
Why are the regulations not effective? "They're not effective really because there's really no one pushing them forward. Wall Street has gotten its claws into it. We know Wall St is a money making enterprise, but its also a lobbying enterprise.... Part of the issue is that Wall St has a lot of influence over the rule writing process and they are invested in making it weaker." -PBS NewsHour video
Five Years On: Lessons Learned from the Collapse?
Break Them Up: Former Goldman Sachs executive Neel Kashkari asserts banks that are “too big to fail” remain a serious threat to financial stability and must be dismantled. Now president of the Minneapolis Federal Reserve, he discusses the problem and a proposed solution.
Asher B. Edelman: "When you go to Reaganomics and you try to release money to the rich in the hope that it'll trickle down to the others.. We have proven time and time again, this is nonsense. It doesn't trickle down anywhere. The man with a million dollar income who makes another $100,000 is more likely than not not to spend it, and he generally invests it in a secondary investment, not a primary investment. He will create no jobs with it. He will create no consumption with it, normally... You should watch very carefully for the possibilities of social unrest in this country unless Washington wakes up."
- Bernie Sanders the Best Candidate to Help Normal Americans Stuck in Neverending Recession
- Renowned Swiss Economist and Investor: Bullish on Bernie
- Bernie Sanders is the Best Fix for America's Speedball Economy
"From 2009-2012, the richest 1% of Americans captured 95% of all new income, while the typical middle class family has seen their income go down by more than $2100." -Bernie Sanders
Wall Street Journal: Anemic Wage Growth Restraining Economy;
Sluggish worker earnings keep consumer spending in check
Wages in the U.S. have been largely stagnant over the past 45 years, but during the same time span consumer prices have risen dramatically.
Top Economist and UN Advisor Jeffrey Sachs:
Robert Reich: Those who expect Sanders supporters to switch to Clinton may be in for a surprise
Progressive vs Conservative Roots of Sanders, Clinton:Mental Health, Criminal Justice, Drugs, Foreign Policy
Unfortunately, these ideologies have been disastrous:
- Drug war designed to disproportionately imprison African Americans and dissidents
- Mass incarceration
- Neglect of the mentally ill
- Deregulation of Wall Street
- Neocon ideology of foreign interventionism and regime change
- Pharmaceutical industry monopoly on mental health and pain care that gutted America's mental health infrastructure and and created our current prescription opioid, heroin, and hepatitis C epidemics.... plus Pharma fraud and price gouging
Pharma Greed, 2009 and 2016: They cannot get enough. In May 2009, Sen. Bernie Sanders gave the rousing Senate floor speech below on the greed and power of the pharmaceutical industry in Washington (Pharma lobbying spent an average of $450,000 per Congressman in 2013). Obama made a promise to lower drug prices when campaigning in 2008. In 2009, the FDA and Democrat traitors (along with the Republicans, as always) killed the Dorgan Amendment that would have allowed drug reimportation and cheaper drug prices.
Huffington Post: Drug Reimportation Was Killed In Deal That Would Have Made Drugs Cheaper
NPR: Senate Democrats Split On Dorgan Amendment that Would Have Allowed Prescription Drug Reimportations
Drugmakers fight Dorgan Amendment that would have allowed reimportation to make drug prices cheaper
Video: FDA and "Clinton Conservatives" pursuade Obama to block drug reimportation
Not a New Problem: Republicans and Certain Clinton Conservatives Oppose Prescription Drug Reforms in 2016
The Hill: An Obama administration proposal aimed at fighting high drug prices is facing a backlash on Capitol Hill, again by Republicans and Clinton conservatives
“CMS is proposing significant and complex changes to an integral part of the Part B program and did so with no input from the Congress,” the letter adds, referring to the Centers for Medicare and Medicaid Services.
Why should they get input from Congress? Congress works for the drug companies at a rate of $435,000 in lobbyist cash per member of Congress.
More from The Hill:
“The administration's Part B proposal seeks to deliver better value for consumers and Medicare, while ensuring that doctors and patients continue to have access to life-saving drugs,” said HHS spokesman Ben Wakana. “That's why the proposal enjoys support from a diverse set of voices — from AARP to the American Academy of Family Physicians to the former head of the Centers for Medicare and Medicaid Services under George W. Bush.”
Some powerful interest groups are strongly against the proposal and are pressuring Congress to act.
PhRMA, the Pharmaceutical Research and Manufacturers of America (AKA: Big Pharma) has denounced the plan.
AARP is a prominent supporter of the proposed program, noting that last year Medicare Part B spent $22 billion on drugs, double the amount in 2007, which it calls “simply unsustainable.”
Due to Pharmaceutical Lobbying, Perhaps, Politicians Fail to Focus on the Source of America's Opioid Epidemic
Healthcare professionals, law enforcement, Senators Markey, and Manchin: Reform FDA to Address Source of Opioid Crisis (video)
FDA Addicted: Politics and Faux Morals Trump American Health
Identifying Sick U.S. Cultural Institutions that Have Created a Downward Trend in American Health
Failing America: Politicians Lack Courage to Fight Substance Abuse and Improve Mental Health and Drug Policy
Stealing and murder: Prince sings about the corporate-run government that steals and kills (him)
"It isn't the drug dealers on the South American border that are our biggest challenge, believe it or not. Yes, they're a big problem. But it is our drug dealers that are FDA approved, selling this stuff in every pharmacy in America."
Progressive vs Conservative Roots of Sanders, Clinton: Mental Health, Criminal Justice, Drugs, Foreign Policy
Albert Einstein defined insanity as doing the same thing repeatedly and expecting different results.