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In NYT Op-Ed, Hillary Lays Out How She'd "Rein In Wall Street" (And No, Not By Demanding Even More Donations)
When it comes to Hillary's relationship with Wall Street, one does not need to dig deep at all: the answer is laid out for all to see on Senator Clinton's career fundraising page:
So when the same Hillary Clinton, in her latest populist push to present herself as "one of the people" wrote a NYT op-ed overnight explaining "How I'd Rein In Wall Street", we were wondering if it would include draining Wall Street balance sheets with mandatory and far greater donations to her campaign by Wall Street firms - a strategy that may actually work as it hits banks where it hurts the most: their money.
It could also be a very functional and efficient way for the Fed to drain bank excess reserves without having to bother with IOER rates, reverse repos and/or prayer.
To our disappointment, this was not included.
Instead, what followed was the usual trite catalog of Republican-bashing ("Republicans may have decided to forget about the financial crisis that caused so much devastation — but I haven’t") throughout which, sadly, the presidential candidate appears to have forgotten that it was the Democratic administration's Attorney General Eric Holder who over two years ago admitted that "some banks are so large that it is difficult for us to prosecute them."
Hillary's retort: "executives need to be held more accountable. No one should be too big to jail." And somehow that is the republicans' fault.
And then, let's not forget, this:

Oddly enough, no comment on how "to Corzine" became part of the vernacular.
The remainder of the Op-Ed is just the usual fare from Hillary when it comes to "regulating" the group that represents her biggest and most generous donors. Fluff.
The full Hillary Clinton NYT oped:
How I'd Rein In Wall Street
SEVEN years ago, the financial crisis sent our economy into a tailspin. Over five million people lost their homes. Nearly nine million lost their jobs. Nearly $13 trillion in household wealth was wiped out.
Under President Obama, our economy has come a long way back. Our businesses have created more than 13 million jobs. People’s savings are being restored. And we have tough new rules on the books, including the Dodd-Frank Act, that protect consumers and curb recklessness on Wall Street.
But not everyone sees that as a good thing. Republicans, both in Congress and on the campaign trail, are dead-set on rolling back critical financial protections.
Right now, Republicans in Congress are working to attach damaging deregulation riders to the must-pass spending bill. They’re attempting to defund the Consumer Financial Protection Bureau. They want to roll back common-sense efforts to prevent conflicts of interest by financial managers. And they’re trying to undo constraints on risk at some of the largest and most complex financial institutions.
President Obama and congressional Democrats should do everything they can to stop these efforts. But it’s not enough simply to protect the progress we have made. As president, I would not only veto any legislation that would weaken financial reform, but I would also fight for tough new rules, stronger enforcement and more accountability that go well beyond Dodd-Frank.
My comprehensive plan has already won praise from progressives like Sherrod Brown and Barney Frank. Here’s what it would do.
First, we need to further rein in major financial institutions. My plan proposes legislation that would impose a new risk fee on dozens of the biggest banks — those with more than $50 billion in assets — and other systemically important financial institutions to discourage the kind of hazardous behavior that could induce another crisis. I would also ensure that the federal government has — and is prepared to use — the authority and tools necessary to reorganize, downsize and ultimately break up any financial institution that is too large and risky to be managed effectively. No bank or financial firm should be too big to manage.
My plan would strengthen the Volcker Rule by closing the loopholes that still allow banks to make speculative gambles with taxpayer-backed deposits. And I would fight to reinstate the rules governing risky credit swaps and derivatives at taxpayer-backed banks, which were repealed during last year’s budget negotiations after a determined lobbying campaign by the banks.
My plan also goes beyond the biggest banks to include the whole financial sector. Some have urged the return of a Depression-era rule called Glass-Steagall, which separated traditional banking from investment banking. But many of the firms that contributed to the crash in 2008, like A.I.G. and Lehman Brothers, weren’t traditional banks, so Glass-Steagall wouldn’t have limited their reckless behavior. Nor would restoring Glass-Steagall help contain other parts of the “shadow banking” sector, including certain activities of hedge funds, investment banks and other non-bank institutions. My plan would strengthen oversight of these activities, too — increasing leverage and liquidity requirements for broker-dealers and imposing strict margin requirements on the kinds of short-term borrowing that also played a major role in spurring the financial crisis. We need to tackle excessive risk wherever it lurks, not just in the banks.
Second, I would appoint tough, independent regulators and ensure that both the Securities and Exchange Commission and the Commodity Futures Trading Commission are independently funded — as other critical regulators are now — so that they can do their jobs without political interference. I would seek to impose a tax on harmful high-frequency trading, which makes markets less stable and less fair. And we need to reform stock market rules to ensure equal access to information, increase transparency and minimize conflicts of interest.
Finally, executives need to be held more accountable. No one should be too big to jail. I would seek to extend the statute of limitations for major financial crimes to 10 years from five and enhance rewards for whistle-blowers. I would work to ensure that financial firms admit wrongdoing as part of settlements in instances of egregious misconduct, and increase transparency about the terms of settlement and the fines actually paid to the government. Fines should be more than just the cost of doing business to these companies — they should be an effective disincentive for illegal behavior.
And it shouldn’t just be shareholders and taxpayers who feel the pain when banks make bad decisions; executives should have skin in the game. When a firm pays a fine, I would make sure that the penalty cuts into executives’ bonuses, too. And I would fight to close the carried interest loophole that gives some fund managers billions of dollars in tax breaks: They should be taxed like every other citizen.
Republicans may have decided to forget about the financial crisis that caused so much devastation — but I haven’t. The proper role of Wall Street is to help Main Street grow and prosper. When our financial sector works the right way, it helps families buy their first homes, entrepreneurs start and grow small businesses and hardworking Americans save for retirement. Rather than pursuing the kind of high-stakes speculation that devastated our economy before, Wall Street should focus on building an economy that creates good-paying jobs, rising incomes and sound investments so that more families can achieve the security of a middle-class life.
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I call bullshit.
Hillary is a fucking cunt.
we're going from president coon to president skank
So, even lower margins requirements and commissions for politicians and their wives trading cattle futures?
From https://en.wikipedia.org/wiki/Bribery
Vote Bush (again) or Clinton (again) in '16
Red Team / Blue Team
Same League Ownership
Hillary rein in Wall Street?
Bwa ha ha !!
Her biggest lie yet?
Ick.
Hillary-Corzine for Prison 2016! Forward!
Oh my grace, I've got no hiding place.
Paging Sirhan Sirhan...please answer the white courtesy phone. Paging Sirhan Sirhan...please answer the white courtesy phone. Paging Sirhan Sirhan...please answer the white courtesy phone.
Yes, we are; she's a shoo in, sadly.
She is not even a classy whore, like the girls in the old western movies. At least you could empathize with them.
She is just a nasty whore.
Speaking of nobody is too big to go to jail..........................
pods
I think she's dryhumping him
Will she reign in derivatives? (laugh track deafening, picture of Bill up in lights)
When the tail wags the dog, the dog crashes.
Yeah, pretty much.
What better way to say to Wall Street "You better start paying up now sucka's!" than an Op-Ed in the NYT's? ;-)
Yep. Truf dere.
Who are the morons downvoting you? Must be the same ones who downvote me...
Is it really a donation if you are threatened?
Nah, a cunt's useful.
That's one yenta even Corzine wouldn't shtoop.
I don't think her cunt has been fucked in a very long time.
Hey now, her husband was only partially responsible for the final nail in the Glass-Steagall coffin. Surely she isn't like her husband and son-in-law.....
I weep for this country. No real viable options as a true Presidental candidate. Its now a choice between a closet whore (H) or open whore (T). My god, what have we become in the last 10 years..and thats my lifetime.
Only the last 10? (laugh track deafening, cut to video of 6 battalions marching with lit flame throwers in hand)
Rein in Wall Street? More like "make it rain" on Wall Street.
http://i.imgur.com/rwUIHwY.gif
There is no "candidate" Wall Street wants to be president more than Hitlery...
There's SO MANY to chose from but my favorite clip that goes straight to the heart of Hitlery...when she's in, MILLIONS, including Americans will die because of her...
https://www.youtube.com/watch?v=FmIRYvJQeHM
Exceptional bullshit, BTChez.
Bet the bitch didn't even read it.
Folks, if you haven't worked it out yet a) you're a bit dim, and b) you're being played....
Is she aware that in the investors world Corzine is Synonymous with fraud lol?
LOL WB, you got this one. Though I would like to say he's begging for a BJ with his laugh.
Most excellent Wm!
+ billionaires
Voting for Hillary Clinton because she purports to be a woman is like eating a turd because it looks like a tootsie roll...
How about reimplementing Glass-Stegall, that you husband pissed on?
Putting back the Glass would stop banks from gambling with depositors money on Wall Street...bad for profits.
PS. Bill Clinton SIGNED the repeal...but...THE REPUBLICAN PARTY wrote legislation to repeal Glass and delivered to Clinton for final approval.
PSS. Clinton was against it, until he stuck his dick in the wind and figured out the political wind was blowing in favor of the repeal...
And Rubin needed a job at Citibank...
Rubin needed to be euthanized. Still does.
Glass Repeal - Gramm–Leach–Bliley Act (GLBA), also known as the Financial Services Modernization Act of 1999
Authors:
Phil Gramm (Republican of Texas)
Jim Leach (Republican -Iowa)
Thomas J. Bliley, Jr. (Republican -Virginia)
Democrats on the Bill:
Rep. John Dingell (Democrat of Michigan) argued that the bill would result in banks becoming "too big to fail." Dingell further argued that this would necessarily result in a bailout by the Federal Government
The Final Vote in the Senate before giving it to Clinton:
Republicans: 100% PRO passage.
Democrats: 2.3% Pro passage.
Democrats: 97.8% AGAINST PASSAGE!
..and OF COURSE Clinton signed off on what Wall Street wanted...the FIRST of MANY sellouts to the Democrats positions...Sound (cough!, hush, Obama) familiar?
Glass did nothing to prevent bubbles and ensuing crashes. We had the 80's property bubble, and junk bond debacle inder Glass. The dying dollar is the problem.
Glass separated "Banking" from "Gambling (aka Wall Street)".
With the removal of Glass, bank deposits could now be "financialized" at tremendous profit.
80's property bubble was S&L's. Different set of laws/governance.
Thanks a lot Iowa...you Religious nutjobs gave us Jim Leach, and now we have Joni Ernst to deal with...and you want Carson for President?
Religion is a toxic drug.
~~~~~
Joni Ernst (ex Military) is "against Socialized Medicine"..."Repeal ObamaCare because it's Socialized Medicine"....but believes that the VA Medical System "provides good care...and just needs MORE MONEY to improve access to care"....THE VA is PURE Socialized Medicine you stupid bitch!...if you are "philosophically opposed" to Socialized Medicine, then JOB 1 should be to REPEAL THE VA MEDICAL SYSTEM! Don't our Vets deserve better than Socialized Medicine?
"known as the Financial Services Modernization Act of 1999"
Because the old, antiquated financial system was taking too long to crash. This new plan crashes it in 10 years, tops!
I'm skeptical. Can you prove this?
Do you have pictures?
"I'm skeptical. Can you prove this?"
Sure! Just Google it! Be sure to search for Bills Clintons dick pics...if you just search "Clintons Dick", you may get a lot of Hillary pics.
pretty sure Monica was a honey pot............Linda tripp worked at DOD?
the bankers and tankers(MIC) both got what they wanted and the American people got fucked again.......
question is ......was clinton in on it?.........how much is his net worth again?
i'm sure whatever it says is an insult to my intelligence and an affront to my sense of common decency.
Common decency is scarce now.
Great comment.
*Sigh*
She found Jon Corzine! Quick! Cuff him!
Oh wait, that's her pal, no jail for him!
She'll "Vince Foster" her supporters for sure.
"executives need to be held more accountable. No one should be too big to jail."
Except for you right, asshole! The cackling cunt is bought and paid for like all the rest.
However she can kill people and get away with murder over and over again.
She should be dangling from a rope in the public square. It would make a great selfie shot!
Hillary is not a member of the "Executive Class"; she belongs to the "Political Class"!
The Political Class writes and enforces the laws for the Executive Class while holding themselves above the laws they write.
The executives she's talking about jailing are the one's that weren't allowed "input" on the laws they broke because they failed to pony up enough cash to the Political Class; so let them burn and teach the others a lesson.
What lesson?
Before you break a law, WRITE IT YOURSELF! Then you can do what you please and it's all perfectly legal!
Obama on the Bush Economic Collapse..why no one went to jail..."no one broke any laws"...while that's not 100% true, it's true enough!
Bill:"Damn you're fucking ugly." "Where's Monica?"
Thank you WB. Your time and dedication are usually a good source of genuine laughs for me, and I dont laugh much anymore. Keep up the good work, you are appreciated.
Almost gives you a little sympathy for Big Bill.
Almost.
Brilliant Billy B !
Utter bullshit.
tony blair hiding under her skirt?
any "plan" on how she'd "rein-in" that $19 trillion debt???
didn't think so
Oddly Warren Buffet in the same weekend stated he would fully back Hillary's for President. Hillary probably does want to rein in Wall Street...and just spslit it between Buffet and the Clinton/Obama Fund!
Why isn't Hillary in jail yet ??
Why isn't 90% of congress, all the fuckers at the Pentagon, NSA, CIA, FRB, and SCOTUS?
"Why isn't Hillary in jail yet ??"
Because her friends write and enforce the laws she's broken...and many of her enemies (Republicans) are guilty of breaking the same, or similar, laws...if they jail her, they set the precedent for jailing themselves.
You and I? LOL...we'd never see the light of day again.
Bernie wants to end this "Dual standard of Justice"...but..."he's tired of Hillaries emails"...Bernie is a sack of shit.
Any Wall Street firm (this includes you Warren Buffett) that does not pay protection money to the Clinton Foundation will find themselves at the losing end of an SEC "investigation"
I'm just dying for some of my FB friends to post this speech and say how brave she is for taking this stance. I know some stupid f*ckers.
“You will be better advised to watch what we do instead of what we say.”
John N. Mitchell
Still rings true to this day again and again and again and again and again.....
That photo.
I laughed. I cried.
She will rain in wall street with bail ins that will show them.
Who would have ever thunk that a Trump becomes the best candidate in a US presidential race?
After riding in on my Unicorn and talking with the Easter Bunny and Santa Clause I believe every word Hilochio says.
Repulsive human.
Hillarious 2016
Sounds good-ish. Wish the Republicans would say that stuff too. I doubt she understands a word of it.
I don't think it's a "tax" on HFT, tax is traditionally on a net basis, a transaction fee is what I assume she means, though following SCOTUS I guess that's a tax too.
I, on behalf of the FF, have to state that it appears as though the Republic may now be in its final days,
"I hold it that a little rebellion now and then is a good thing, and as necessary in the political world as storms in the physical."
Myself to James Madison, January 30, 1787. see Boyd, Julian P., ed. Papers of Thomas Jefferson, Volume 11. Princeton: Princeton University Press, 1955, p. 93.
Man, that is one repulsive photo. It looks like she about to tongue him in the ear.
"Corzie baby, you look happy to see me. Or is that a banana in your pants?"
"Neither, actually. I brought you a fresh set of batteries."
Just add Bill and Monica, some patchouli oil, whips, and frilly underwear and you've got something!
http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2015...
sure she'll "rein it in"
in the phony hearings right after she crashes the market
r
https://enronnext101.wordpress.com/
My best story about Hillary ... happened many years ago ...
she went to a normal restaurant so she could be seen to be "fraternising" with ordinary Americans. at the end of the meal, Hillary had to ask her own staffers how to give a tip. she honestly did not know how much to tip a waitress in an American restaurant. I guess that important stuff - like a 15% gratuity - has never been on Hillary's roadmap.
A "woman of the people" .... HAHAHAHAHA!!!!
Laughing my butt off.
A Blue Dress for every woman
And all include a splotch of presidential spoof.
have to consider this campaign as entertaining as WWE otherwise I'd puke
She will step on anyone, friend or foe, in the pursuit of personal power and will say whatever needs to be said to achieve it.
When she starts bad-mouthing something she was just supporting 24 hours earlier, remember that.
https://youtu.be/Tm4gTUA836s
"Republicans may have decided to forget about the financial crisis that caused so much devastation — but I haven’t."
It would almost be worth letting Hillary be President to see how well she remembers the financial crisis when this shit show comes crashing down around her.
That lying bitch is a lying liar. This is expected from a psychopathic personality, but what are we to think about her supporters? Hell - I've even heard that there are some people out there who still think that fuck Obama is a decent president. Amazing.
House Vote S 900 Financial Modernization Act ~
Repeal of Glass Steagall Act
Democrats 182 yes
Republicans 58 yes
Democrats 1 no
Republicans 131 no
Senate Vote
53 Republicans yes
44 democrats no
https://www.govtrack.us/congress/votes/106-1999/h355
The Senate votes on the FINAL bill before it gets to the President...FINAL vote was R's 100% Yeah, D's 97% Nay.
Votes in the House had more D support, but the Bill voted on there was "modified" by the Senate...and once "modified", 97% of D's said "NO WAY!".
The R's had a solid Senate majority, so they passed a wishy bill (that met "everyone's" wishes) through the House, then "modified" to what Wall Street wanted using the R majority in the Senate, which sent the D's to a 97% NO vote.
Where's the billion dollars, Corzine?
https://www.govtrack.us/congress/votes/106-1999/s354
52 Republicans +
38 Democrats
= 90 % of SENATE on Nov. 4,1999
Voted FOR the repeal of GLASS-STEAGALL
7 Democrats voted no
Pres. Clinton signed on Nov. 12, 1999
FINAL VOTE
*Look it up.