2016 Postmortem
Related: About this forum"The Clintons have thrived within a corrupt system and have become obscenely wealthy because of it"
SalonHillary Clintons big donor problem isnt going away: Her history of taking Wall Street cash exemplifies all thats wrong in U.S. politics
The Clintons have thrived for so long within a corrupt system and have become obscenely wealthy because of it
by Conor Lynch
May 30, 2016
Money in politics has been an important and at times contentious topic during the 2016 presidential race, particularly on the Democratic side of things, where Bernie Sanders has campaigned almost entirely on small donations breaking grassroots fundraising records previously held by Barack Obama and railed against Clinton for her financial ties to Wall Street and other industries.
Clinton has responded to these criticisms by arguing that Sanders has no proof of quid pro quo, a similar line of reasoning that right-wing Supreme Court Justices use when throwing out campaign finance laws. At one debate, she insisted that Sanders was peddling an artful smear by questioning whether big money donations or high-paid speeches influenced her, which not surprisingly she has denied completely.
Of course, there is very good reason to believe that the billionaires and corporations that donate to Clinton or pay her generously for 30-minute speeches are expecting something in return (as with every other politician they donate to). Wall Street bankers dont contribute to both Republicans and Democrats because they like Republicans and Democrats equally, but to hedge their bets (needless to say, some politicians are much more willing to bend than others).
This is all an indictment of the system, not any particular politician; but the fact that the Clintons have thrived for so long within this system and have become obscenely wealthy because of it should trouble any progressives who want to see meaningful reform. As former Secretary of Labor Robert Reich put it, Clinton is the most qualified candidate for president of the political system we now have, but Sanders is the most qualified candidate to create the political system we should have.
What has been especially disturbing about the 2016 Democratic primary debate over money in politics has been the extent to which partisan Democrats have been willing to use right-wing talking points to defend their preferred candidate, dismissing big money contributions as inconsequential without concrete evidence of quid pro quo.
Barney Frank, a prominent Clinton surrogate and board member of Wall Street bank Signature Bank, has gone so far to accuse Sanders of McCarthyism (which is funny, considering the Clinton camp began red-baiting Sanders and his supporters pretty early on) for implying that Clinton and other politicians are influenced by contributions.
In a 2012 interview with NPR, Frank had a slightly different tune: People say, Oh, it doesnt have any effect on me. Well if that were the case, wed be the only human beings in the history of the world who on a regular basis took significant amounts of money from perfect strangers and made sure that it had no effect on our behavior.
http://www.salon.com/2016/05/29/hillary_clintons_big_donor_problem_isnt_going_away_her_history_of_taking_wall_street_cash_exemplifies_all_thats_wrong_in_u_s_politics/
pbmus
(12,422 posts)annavictorious
(934 posts)And it's Sanders who hosted the big dollar/corporate donor fundraising retreats in exchange for campaign cash.
And it's Sanders who won't let anybody get a peek at his taxes.
And it's Sanders whose wife who profited from that cozy the waste dumping deal.
Armstead
(47,803 posts)imagine2015
(2,054 posts)I'm sorry. I got that confused with the huge Bernie Sandals.
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SidDithers
(44,228 posts)Sid
imagine2015
(2,054 posts)I'm referring to the Bernie Sanders sandals of course.
JEB
(4,748 posts)NorthCarolina
(11,197 posts)They like things just the way they are.
Hydra
(14,459 posts)It's only a nightmare for everyone else...but hey, if we were special enough, we'd be in their inner circle and living it up. It's only because we're unworthy that we don't benefit the same way from the system. Team Hill will be happy to verify that.
senz
(11,945 posts)She's what we used to call a Republican.
liberal_at_heart
(12,081 posts)help the enemy win. There will always be the next election or the next re-election. We just have to change it. If we're always concerned with the next election we will never get around to fixing it. And that is exactly what those who benefit from it know it and use it to their advantage.
Uncle Joe
(58,562 posts)Thanks for the thread, imagine2015.
Waiting For Everyman
(9,385 posts)AzDar
(14,023 posts)SO FUCKING CORRUPT.
JEB
(4,748 posts)vintx
(1,748 posts)Orsino
(37,428 posts)I'm not looking for them to try to change a system that has worked so well for their class.