Friday, May 9, 2014

Why, Yes, Bill Clinton Has Nothing But Contempt for You

The New York Times's Wall Street coddling wunderkind Andrew Ross Sorkin has an interview with former Treasury Secretary Timothy Geithner in the New York Magazine this weekend.
In the interview, Geithner recalls something that Bill Clinton once told him:
At another point, he cheerfully relayed a story that also appears in his book about the time he sought advice from Bill Clinton on how to pursue a more populist strategy: “You could take Lloyd Blankfein into a dark alley,” Clinton said, “and slit his throat, and it would satisfy them for about two days. Then the blood lust would rise again.”
That's how Bill Clinton views you for thinking that the banks should have faced accountability for wrecking the global economy and numerous people's lives.

And Hillary probably views you no differently than Bill does:
But Clinton offered a message that the collected plutocrats found reassuring, according to accounts offered by several attendees, declaring that the banker-bashing so popular within both political parties was unproductive and indeed foolish. Striking a soothing note on the global financial crisis, she told the audience, in effect: We all got into this mess together, and we’re all going to have to work together to get out of it. What the bankers heard her to say was just what they would hope for from a prospective presidential candidate: Beating up the finance industry isn’t going to improve the economy—it needs to stop.
Their economic priorities are quite clear.

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