One refreshing aspect of Bernie Sanders' candidacy is his continued emphasis on the fact that the Clintons (Bill and Hillary) are corrupt. In particular, they have been and are in thrall to Wall Street interests. There is a long, sordid history documenting their strong support of financial interests.
But what is corruption? And how does it work?
These questions arise from some revealing remarks Hillary made in her own defense.
Democratic presidential contender Hillary Clinton said a Treasury secretary doesn’t need to have a Wall Street pedigree to be successful, but stopped short of committing to appointing an outsider to the post should she be elected president.
It’s unclear what the term means to her Democratic opponent, Senator Bernie Sanders, Clinton said in an interview Sunday on NBC’s “Meet the Press” program.
Here's the key text.
“When you talk about Wall Street, are we talking about every bank or are we talking about a particular part of New York? That’s never really clarified.
What I believe is that there are good actors and bad actors in every part of our economy,” Clinton said.
“You have to have a Treasury secretary who understands the economy” in the U.S. and the world, said Clinton. “I think there are a lot more places where one can and should look for such a Treasury secretary”....
Right! Who are we talking about when we refer to "Wall Street" in this context? And what about those "good actors and bad actors" Hillary refers to?
Continue reading "The Flatland (Naive) View Of Corruption" »