Hillary Clinton’s Pay-for-Play Reality

[Jarqui]

Consortiumnews.com
https://consortiumnews.com/2016/02/11/hillary-clintons-pay-for-play-reality/

.....
But perhaps the most interesting part of Lloyd’s (Goldman Sachs CEO) warning centered on his concerns about the post-election political landscape and his sense that the real danger is not people with pitchforks taking to the street. Rather, Lloyd is worried that Washington’s political machine could stall if all that public anger hampers politicians by turning a demonstrated willingness to “compromise” into a political liability. And when Wall Streeters talk about “compromise,” they are referring to their seemingly innate ability to manufacture bipartisan consent in spite of the often-bemoaned acrimony that locks up Republicans and Democrats.
...

while other issues get inexorably stuck in Washington’s infamous gridlock. It’s the cash that lubricates the system, much like oil lubricates American foreign policy. And it’s exactly the kind of “willing to compromise” political pliability that Blankfein told Squawk Box he is afraid of losing if recalcitrant politicians like Bernie Sanders take over the system.
...

But that’s the problem with the speaking fees and, truth be told, it’s the most vexing part of what passes for payola in the two-party political racket. Most of the juiciest rewards come after service is rendered, not before. Although campaign donations and Super PAC slush funds are a great way for corporate interests to open doors to access and reward a candidate’s family and friends and ancillary business interests, the real action happens in-between stints of public service or, even better, after a seasoned pro leaves “public service” to utilize those “special insider skills” on the other side of one of a dozen revolving doors between the Beltway and a bevy of businesses and lobbying firms.

The system is not really pay for play. It’s you’ll get paid for how you played when you dutifully collected a “low” six-figure salary while toiling away in Congress or in the Executive branch. So, technically speaking, Hillary may be telling the truth. Maybe she never once changed a vote in exchange for the titanic sums of cash which, according to a new report on CNN, amounted to “$153 million in paid speeches [to her and former President Bill Clinton] from 2001 until Hillary Clinton launched her presidential campaign last spring.”

I'm not very familiar with that site.

It's a long article and my clips do not fairly represent it.

I thought the article was an interesting read. I don't how much stock to put in it but there was some food for thought on how Wall Street might be thinking about this.

[grasswire]

1. consortium news is gold

...although many attacks have been made at its founder, Robert Parry, who is a legendary investigative journalist who was blacklisted for exposing Iran Contra and other nefarious scenarios in American history.

Those who stand with truth and history stand with Parry and consortiumnews.