Democrats Use Artful Smear To Bash Each Other Over Corrupt Bankers

Thousands are calling for the public release of speech transcripts

corrupt bankers

Democratic presidential candidates Hillary Clinton and Bernie Sanders are attacking each other over the fees that corrupt bankers have given to politicians for speeches and endorsements.

Both candidates have declared their intentions to focus on the suspicious escapades of elite bankers once they are elected to office. The bankers nearly brought the world economy to its knees in 2007/2008 and have caused the worst recession in modern history.

Presidential candidate Hillary Clinton and her husband, former President Bill Clinton, have made millions by giving public speeches, some of them to corrupt bankers of Wall Street.

The elite bankers somehow managed to persuade the Clintons to turn the real economy into an unregulated, free for all, wild west style, casino/gulag, financialized, ultra-modern-capitalist economy before the departure of the economically progressive Bill Clinton administration in 2000.

As the race for the 2016 U.S. Presidential nominee for the Democratic party heats up the contenders are musing over the fees that Wall Street banks gave to politicians, rather than to each other, which was the real incentive for the banks to corrupt the economy in the first place, in the name of free market capitalism.

Thousands of people have signed a petition calling for the public release of speech transcripts made by Clinton to Goldman Sachs.

Common Dreams reports:

There has been a lot of talk in recent weeks about the speaking fees paid to presidential candidate Hillary Clinton, and an analysis published Saturday sheds some light on exactly how much Wall Street and other major corporate powers ponied up for the former Secretary of State and her husband, President Bill Clinton.

$153 million, CNN concludes, is the amount the power couple raked in between February 2001 and the launch of Hillary Clinton’s presidential bid in May 2015. What’s more, the Clintons received an average pay of $210,795 for each of the 729 addresses given during that time period.

During Thursday’s Democratic debate, Clinton accused her primary challenger Bernie Sanders of an “artful smear” because of his repeated references to her exorbitant speaking fees, particularly those paid by banking giants such as Goldman Sachs.

According to the analysis, Clinton collected at least $1.8 million for at least eight speeches given to big banks, while the pair earned a total of roughly $7.7 million for at least 39 speeches to Wall Street.

Clinton has glossed over the content of these speeches. When probed by the moderators during the MSNBC debate as to whether she’d release the transcripts, she said she’d “look into it.”

Meanwhile, over 11,000 people have signed a petition calling for the public release of the transcripts and videos of the speeches made to Goldman Sachs. Citing reports that Clinton “used those speeches to make clear that she would let bankers off the hook for their crimes and abuses,” the petition asserts the comments made behind closed doors “is at odds with what she publicly tells the rest of us.”


About Edmondo Burr (2662 Articles)
BA Economics/Statistics CEO Assistant Editor