Start the conversation
Comment on This Story
Or to contact Money Morning Customer Service, click here.
Wall Street ties to our nation's capital are more prevalent than ever.
Sure, the "Washington-Wall Street Corruption Corridor" was exposed for what it is when the financial crisis came to a head in 2009, but only one Wall Street exec was ever actually convicted. (Credit Suisse Group AG's former global head of structured credit, Kareem Serageldin, was sentenced to 30 months in prison on Nov. 22, 2013 for his role in a scheme to artificially inflate subprime mortgage bond prices.)
Most of them are still in the game – the same politicians and policymakers; the same bankers and CEOs.
That's why we had to shake our heads when we saw the tactic the Hillary Clinton 2016 campaign decided to run with the week following her bid announcement on April 12.
She would attempt to be cast as "Hillary Clinton, the Populist."
In a New York Times profile published April 21, Sen. Clinton called for a "toppling" of the 1%. Here's an excerpt from that piece:
"In a meeting with economists this year, Mrs. Clinton intensely studied a chart that showed income inequality in the United States. The graph charted how real wages, adjusted for inflation, had increased exponentially for the wealthiest Americans, making the bar so steep it hardly fit on the chart.
Mrs. Clinton pointed at the top category and said the economy required a "toppling" of the wealthiest 1 percent, according to several people who were briefed on her policy discussions but could not discuss private conversations for attribution."
But as The Anti-Media founder Nick Bernabe was quick to point out in an April 21 op-ed, toppling the 1% would not be in the best interest of the people who've bankrolled Sen. Clinton's rise toward the nation's top position.
Just look at the weighty names on this list of Hillary Clinton's biggest campaign contributors over her career since 1989:
There's a reason Clinton's wealthy, 1%-category donors won't be pulling their contributions out of fear of toppling. They see no bite behind her bark, according to a recent Politico article.
"But back in Manhattan, the hedge fund managers who've long been part of her political and fundraising networks aren't sweating the putdown and aren't worrying about their take-home pay just yet," Politico reported on April 15. "It's 'just politics,' said one major Democratic donor on Wall Street, explaining that some of Clinton's Wall Street supporters doubt she would push hard for closing the carried-interest loophole as president, a policy she promoted when she last ran in 2008."
Projections have the Hillary Clinton 2016 campaign raising roughly $2 billion.
Wall Street ties will fuel most of it – the big banks and hedge funds, and their lobbyists.
Tara Clarke is an Associate Editor at Money Morning. You can follow her on Twitter @TaraKateClarke.
The housing "recovery" is fabricated optimism. There's no reason to celebrate anything in the housing market's un-recovery recovery. Here's the truth about the manipulation of celebratory events that end up creating more headwind for the American economy…
#hillaryclinton Tweets
Related Articles:
Assuming the contest ends up Clinton vs. Bush, we will have candidates that are two sides of the same coin. Clinton is a bad choice. The Republican front runners are worse.
HILLARY'S POLITICAL DOMESTIC TERRORISM
In order to continue to bilk the
multitude for the benefit of the few, the detection, verification and public disclosure of various forms of ongoing corruption and fraud must be avoided.
As a means to achieve that goal, a devastating form of terrorism* is regularly used by Hillary. It destroys the personal, financial and professional well-being of persons she believes to be a threat to her goals.
Perpetration of such cruel and unusual punishment is being ignored, and thus supported, by police and upper and lower levels of local, State and Federal authorities we rely upon for protection against such victimization.
I am one of a number of such victims. My name is Herbert a/k/a Hal Rosenthal, a forensic accountant and expert witness whose focus has been fraud investigation and the assessment of economic damages caused to injured parties.
Victims like me are forced to live in a sick form of isolation that is worse than solitary confinement, really: I call it “Solitary Non-confinement,” where we are surrounded on a daily basis by what we wish to have and be part of but can no longer touch! All means of privacy of communication to or from me has been compromised by ordinary electronic surveillance, which is generally referred to as political spying.
As an experienced expert witness for over 20 years, be assured conclusive evidence is available to support the assertions included in this writing.
As I see it, the circumstances here presented are of equal or greater importance than the Benghazi issue, but they will not be disclosed by the news media or formally addressed by our government.
I was considered a threat to the Hillary Clinton presidential quest and campaign starting when it was reinvigorated with the publication of her autobiography “Living History” for which she received an $8 million advance, a/k/a a payoff.
With the aid of illicit surveillance activities conducted mainly by Hillary's PIs, the cowardly thugs who have me under attack also appear to be serving the interests of certain alleged fraudsters (the PI's secondary revenue market?) that have been the subject of some of my prior assignments.
Any new contacts I make, either professional or personal, that may in any way provide me with material support are covertly caused to terminate all further communication with me.
I do not know what the perpetrators tell others to have them collaborate in causing me harm. Perhaps via their abuse of the U.S. Patriot Act I have secretly been marked as an enemy of the state. Whatever it is cannot be true.
Since I have been denied the right to due process I cannot find out what, if anything, of which I have been charged
The now extremely rare professional assignments that come my way are mysteriously cut off prior to receipt of both the agreed upon retainer payment and the signed copy of the agreed upon engagement letter.
Since I am effectively blacklisted and otherwise banned from earning a living as before (my financial damages are quite substantial), I have been surviving off of what little remains of my savings, which is now gone! I guess I will be on the street.
BUT NOBODY IS WILLING TO HELP! Not even those many organizations supposedly dedicated to insure justice, or the anti-Hillary PACs, government oversight, etc.
So, it looks like she will get to be president whether we like it or not! And the tyranny, corruption and fraud in America continues
unabated.
I pray for the restitution of the individual rights and liberties as guaranteed by the Constitution and the laws of the United States, and for association with those few who may have the courage to stand up for me and for what is right!
Herbert a/k/a Hal Rosenthal, CPA, CFE, and Korea veteran.
Forensic Accounting, Fraud Investigation
5620 Spindle Palm Ct., Unit F, Delray Beach, FL 34484
*Terrorism is defined in the Code of Federal Regulations as “the unlawful use of force and violence against persons or property to intimidate or coerce a government, the civilian population, or any segment thereof, in furtherance of political or social objectives” (28 C.F.R. Section 0.85).
So, no response. Ergo, government criminality is accepted by you. So, we are not citizens, just victims. Did you hear that? Or are you also blind?