
© www.inquisitr.comChafee: "So any time someone is running to be our leader, and a world leader, which the American president is, credibility is an issue out there with the world. And we have repair work to be done. I think we need someone that has the best in ethical standards as our next president. That's how I feel."
"Secretary Clinton, do you want to respond?" Anderson Cooper asked her.
Clinton: "No."
Hillary Clinton has a stronger, more detailed plan to regulate Wall Street than does Bernie Sanders, says the Nobel Prize-winning economist Paul Krugman. But, adds journalist
Ezra Klein, many are skeptical that she will do what she says. "She has spoken out of both sides of her mouth on a number of issues,"
agrees public banking campaigner Ellen Brown. "So it doesn't seem like we can trust her."
Between savants and skeptics, policy wonks and the politically wary, how can ordinary voters decide for themselves? It isn't easy. "Mr. Sanders has been focused on restoring Glass-Steagall, the rule that separated deposit-taking banks from riskier wheeling and dealing. And repealing Glass-Steagall was indeed a mistake," Krugman wrote. "But it's not what caused the financial crisis, which arose instead from 'shadow banks' like Lehman Brothers, which don't take deposits but can nonetheless wreak havoc when they fail. Mrs. Clinton has laid out a plan to rein in shadow banks; so far, Mr. Sanders hasn't."
Krugman also finds that Wall Street prefers any Republican over either of the Democrats. Yet Wall Streeters are giving Hillary significant contributions, and their financial media does not view her as a major threat to their interests. "As long as Hillary Clinton is in charge, they know that the Clintons historically have been enormously helpful to the banking industry," explains former federal regulator
William K. Black. "And in return the banking industry -- not simply the banking industry, others as well -- have made the Clintons very wealthy."
No surprise, Hillary has little to say about her husband's dealings with Wall Street, which will arguably define his place in history. I in no way hold Hillary accountable for the Big Dog's transgressions, and certainly not for his carnal sins, which right-wingers delight in accusing her of enabling. But what does she think of his enabling Wall Street to bring the global economy to a thudding crash? How does she respond to Bill's role in helping Wall Street gain such power and promote such glaring inequality?
Ask her. We need to know, and so far, her silence speaks volumes.
Comment: And this is why Russia is blowing the US out of the water - the US is so corrupt that it's a wonder anything functions at all. And soon, it probably won't.
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