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Sanders and Clinton

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Joined: 15 Jun 2014
Location: In between the lines

PostPosted: Wed Jul 13, 2016 3:32 pm    Post subject: Sanders and Clinton Reply with quote

Funny (but not ironic)...the "Bern" crowd just got burnt. But, if anyone really bought into what Sanders had to say, while pretending he was one of the anti-1% crowd, they should be surprised.

It is all a shit show...

America’s most dogged class warrior has officially passed the torch.


Sen. Bernie Sanders finally acknowledged reality by endorsing his Democratic opponent Hillary Clinton, who will officially become her party’s nominee for president at the Democratic convention in Philadelphia in late July. Sanders shook up the party with his rants on corporate greed and his calls for an expanded welfare state, but he still couldn’t displace the stolid establishmentarian who has served as Secretary of State, New York senator and First Lady.

Would it not be better if those in power simply managed the money more appropriately, as opposed to taking MORE and calling it a "Welfare State"?

Sanders does hope, however, that Clinton will join him in attacking America’s elites and pursuing ways to spread the wealth more broadly. “Hillary Clinton understands we must fix an economy that is rigged and sends most income gains to the top 1 percent,” Sanders thundered during his endorsement speech. “Hillary Clinton understands that if someone in America works 40 hours a week, that person should not be living in poverty.”

I do agree. So...bring back jobs that were once in the U.S....simple.

Clinton certainly welcomes the Sanders endorsement, and the votes it could bring. But she’s an awkward class warrior at best,

No, she is VERY good at the "class warrior" strategy...but, only mental midgets buy into what she sells.

with none of the fervor Sanders or his many supporters feel about taking from the rich and giving to the poor. Clinton is a 1 percenter herself, with household income of around $28 million in 2014, the last year for which her tax returns have been released.

Yet Trump is catching the flack for not releasing his...

That income came mostly from paid speeches she and her husband, former president Bill Clinton, gave. Sanders is a 2 percenter, but his 2014 household income of about $205,000 is less than 1% of what the Clintons rake in. As a late-career professional who’s been in the workforce for more than 50 years, he’s a plausible campaigner for financial justice.

That is an undefined buzz phrase...

Clinton, not so much. She’s about as elite as they come, a member of America’s political royalty and a friend to the top brass in many countries. Between 2013 and 2015, she earned $21 million from paid speeches, including $3.7 million for 16 speeches to Wall Street firms. As a senator and presidential candidate, she’s raised $56 million from the financial industry, including $32.5 million for the 2016 election. About the only thing she hasn’t done is work on Wall Street between public-sector jobs, as other revolving-door transiters do.

And lets not forget her involvement with Putin and...urnamium:)

Clinton is destined to disappoint the Sanders faithful hoping she’ll carry the revolution forward. But the revolution was misdirected in the first place. It’s not really the top 1% of earners who are capturing all the income gains in the US economy. Hard data shows it’s more like the top 40%. “The notion that only the 1% are doing well is ridiculous,” says economist Stephen Rose of the Urban Institute.” The real wealth gap, he says, is between the top 40% of earners, who tend to have the skills to succeed in the digital knowledge economy, and the bottom 60%, who have less relevant skills.

Sanders’ other white whale is the big banks, which he wants to break up so they’re less dominant and, in theory, less dangerous. But there’s a lot of evidence the 2010 Dodd-Frank reforms are already reining in risky bank behavior, more or less as intended. Banks can no longer do certain types of trading, and they must keep more capital on hand. Shareholders complain that bank profits are down, but that’s a sign of a more stable industry that may not need more reform.

..kind of Jacksonian, eh?

Clinton shares many progressive ideas with Sanders, such as expanding health coverage to more people, raising the minimum wage and creating more jobs through public spending on roads and bridges. She recently adopted the Sanders idea of offering assistance that would lower the cost of college at public universities, probably as a sop to help get his endorsement.

LOL! Always undefined...

She won’t rail against the haves the way Sanders does, but that may make her the better candidate. The fixable problem isn’t that the rich are too rich, it’s that too many middle-class incomes have stagnated. The banks are nowhere near the risk to the financial system they were a decade ago, and it might make more sense to focus on what it will take for other industries to create more jobs. Sanders discovered that howling at the elites can whip a crowd into a frenzy. But it didn’t deliver the nomination

...perhaps there are simply too many single issue/low information voters?

Either way, these two are two sides of the same coin...
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