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GOLDEN PARACHUTES
“Populists began to focus on Elizabeth Warren, an academic with expertise in bankruptcy law, whose ideasabout reforming Wall Street
earned the admiration of the White House and the enmity of Republicans. After the G.O.P. blocked her bid to head the Consumer Financial Protection Bureau in Obama's first Administration, she launched her Senate campaign, which was built around the issues of inequality and reining in the financial-services industry. In 2015
liberal groups tried to
draft her into running for
President against Clinton. She declined, but continued
to press her agenda. Last year [2015] she called on the
Democratic Presidential candidates to support a bill
would make it illegal for Wall Street firms to award
golden parachutes to employees who leave to work for
the federal government. [Senator Bernie] Sanders
expressed support for the legislation almost immediately; Hillary Clinton hesitated for weeks. The bill could affect any Clinton advisers who now work on Wall Street if they were to join a future Clinton Administration; Warren had in mind precisely this scenario. In late August [2015] she met privately with Vice-President Joe Biden, as he considered entering the race. Reports of the meeting set off speculation about whether Warren might ultimately become Biden's running mate. Days later, [Hillary] Clinton wrote an op-ed endorsing Warren's bill.”
Ryan Lizza, “The Great Divide, Clinton, Sanders and the Future
of the Democratic Party,” New Yorker, March 21, 2016, pp: 38-44 (39). |
Monday, March 21, 2016
GETTING TOUGHER ON BIG MONEY
“[Senator Bernie] Sanders’s presence has required [Hillary] Clinton
to adopt more populist economic policies, and the influence could go further. ‘She’s basically a conservative person, except on issues of gender and inclusiveness,” [former political contender] Gary Hart . . . told me. ‘Her natural instinct is not to play the economic-class card, and that is Sanders’s whole campaign. He has forced her to be tougher on big money than her natural inclination.’”
to adopt more populist economic policies, and the influence could go further. ‘She’s basically a conservative person, except on issues of gender and inclusiveness,” [former political contender] Gary Hart . . . told me. ‘Her natural instinct is not to play the economic-class card, and that is Sanders’s whole campaign. He has forced her to be tougher on big money than her natural inclination.’”
Ryan Lizza, “The Great Divide, Clinton, Sanders and the
Future
of the Democratic Party,” New Yorker, March 21, 2016, pp: 38-44 (39).
of the Democratic Party,” New Yorker, March 21, 2016, pp: 38-44 (39).
SYSTEM ISN’T
WORKING FOR EVERYDAY PEOPLE
[Senator Bernie] “Sanders ‘is tapping into
something that is very
deep and very profound inside the Democratic Party, which is
this discontent with the system that is no longer producing for everyday
people,’ Simon Rosenberg, a Hillary [Clinton] supporter and the head
of NDN (formerly the New Democrat Network), a liberal think tank in
Washington, told me. ‘He has characterized Hillary as a champion of that
system and as somebody who is actually a leader of the system, while he
is the one that wants to change it.’ Rosenberg added, ‘He's Inot being
perceived as a leftist. He is being perceived as somebody who is I
deeply in touch with a sense that something has gone wrong and that
the system isnt working.’”
deep and very profound inside the Democratic Party, which is
this discontent with the system that is no longer producing for everyday
people,’ Simon Rosenberg, a Hillary [Clinton] supporter and the head
of NDN (formerly the New Democrat Network), a liberal think tank in
Washington, told me. ‘He has characterized Hillary as a champion of that
system and as somebody who is actually a leader of the system, while he
is the one that wants to change it.’ Rosenberg added, ‘He's Inot being
perceived as a leftist. He is being perceived as somebody who is I
deeply in touch with a sense that something has gone wrong and that
the system isnt working.’”
Ryan Lizza, “The Great Divide, Clinton, Sanders and the
Future
of the Democratic Party,” New Yorker, March 21, 2016, pp: 38-44 (39).
of the Democratic Party,” New Yorker, March 21, 2016, pp: 38-44 (39).
INEQUALITIES IN THE POLITICAL PROCESS WILL NOT BE FIXED SUDDENLY
[Former White House strategist] “Anita Dunn, says . . . ‘It’s not
as though these issues are going to go away. Fundamental inequality
and the inequalities in the political process are not suddenly going
to be fixed by anyone.’”
as though these issues are going to go away. Fundamental inequality
and the inequalities in the political process are not suddenly going
to be fixed by anyone.’”
Ryan Lizza, “The Great Divide, Clinton, Sanders and the
Future
of the Democratic Party,” New Yorker, March 21, 2016, pp: 38-44 (39).
of the Democratic Party,” New Yorker, March 21, 2016, pp: 38-44 (39).
ECONOMY THAT
WORKS FOR ALL AMERICANS
[Senator Bernie Sanders told the New
Yorker in March, 2016]
" ‘The issue is creating an economy and a political system
" ‘The issue is creating an economy and a political system
that works for all Americans and not the one per cent,’ he said.
’That does not happen through a speech. That happens by
reaching out and mobilizing millions and millions of
people. There is no indication that Hillary Clinton has ever done that,
or ever wants to do that. You don't go and give speeches behind closed
doors to Wall Street and be the same person that is going to rally the
American people. That just does not exist.’" F
’That does not happen through a speech. That happens by
reaching out and mobilizing millions and millions of
people. There is no indication that Hillary Clinton has ever done that,
or ever wants to do that. You don't go and give speeches behind closed
doors to Wall Street and be the same person that is going to rally the
American people. That just does not exist.’" F
Ryan Lizza, “The Great Divide, Clinton, Sanders and the
Future
of the Democratic Party,” New Yorker, March 21, 2016, pp: 38-44 (39).
of the Democratic Party,” New Yorker, March 21, 2016, pp: 38-44 (39).
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