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Hillary’s cronyism is showing: A closer look at her economic proposals reveals a neoliberal agenda
Clinton vows to use public funds and policy to promote private-sector gain. Wall Street couldn't be more delighted
Her silence about NAFTA, however, is deafening. And that’s very good news to corporate and financial elites because NAFTA is the trade deal that has facilitated the financial strip-mining of the American worker. It has placed U.S. workers into direct daily competition with much less expensive labor south of the boarder.
In fact, Hillary argues all such debates are now ancient history. It’s unproductive, she claims, to be “re-fighting battles from 20 years ago….”
But those battles are not over for Michigan workers who feel the incessant pressure from NAFTA on job security and the downward pressure on incomes and benefits. Hillary can’t rebuild the middle-class, even on her own free-market terms, without undoing large parts of NAFTA.
Asher Edelman, who inspired the Gordon “greed is good” Gekko character in Oliver Stone’s Wall Street films, was asked who he supported for president on CNBC’s Fast Money program.
“Bernie Sanders, no question,” he responded quickly, to the surprise of others on the panel.
Considered one of the Godfathers of Wall Street, Edelman explained that the democratic socialist from Vermont is the straight-forward choice, given his economic platform.
“When you have the top one percent getting money, they spend 5-10 percent of what they earn,” said Edelman. “When you have the lower end of the economy getting money, they spend a 100, or 110 percent of what they earn. As you’ve had a transfer of wealth to the top, and a transfer of income to the top, you have a shrinking consumer base, basically, and you have a shrinking velocity of money.”
“Bernie is the only person out there who I think is talking at all about both fiscal stimulation and banking rules that will get the banks to begin to generate lending again as opposed to speculation,” added Edelman, who made a name for himself in high end investments between the 1960s and ’80s."
originally posted by: TonyS
Thanks for providing this information. Its been difficult for me to parse through the lies to figure out what Hilary will do once she's made POTUS. And its very important to know because in this Oligarchic system, the government picks the economic winners and losers.
originally posted by: AlaskanDad
a reply to: seeker1963
Agreed; HRC's policies are definitely a part of the globalist agenda.
Not long ago HRC said the TPP was "the gold standard of trade deals" now she says she does not support it, this takes us back to the all important question #WhichHillary !
She supported NAFTA also!
No worry about americans jobs, just profits for HRC's corporate masters!
originally posted by: AlaskanDad
a reply to: Aazadan
I used to call Billy boy a Republican in Democrat clothing.
Now I understand he was just another corporately owned politician, we need politicians that will represent the people.