My theory regarding what is in the Goldman-Sachs transcripts

[jg10003]

No one can deny that there is something in the transcripts that Clinton does not want revealed. The Clinton campaign has calculated that releasing the transcripts would be more harmful then the negative publicity that comes with not releasing them. So the question is; What is in the transcript?

My theory is that there are just a couple of sentences that the Clinton campaign is worried about. And those sentences pertain to the mortgage crisis of 2008. The right wing Competitive Enterprise Institute ran an article written by head of the R Street Institute, a conservative think tank, that said “borrowers themselves should assume primary responsibility for the current subprime crisis. Millions of borrowers, all over the country, knowingly signed mortgage contracts they cannot now afford to honor.” This is a theme that Wall St. titans use to convince themselves that they didn’t cause the economic crisis. I suspect, admittedly with no evidence, that Clinton in her speech to Goldman-Sachs flattered her audience by repeating this trope.

The following is a paraphrase of what I think Clinton may have said in her speech.

“Thank you ladies and gentlemen for inviting me here tonight. The Wall St. community has been demonized for causing the financial crisis. While the financial community unquestionably made mistakes it is unfair to place all the blame on Wall St. It is true that banks gave mortgages to people with poor credit, however those same people took the loans knowing that they could not afford them. Both the lenders and borrowers must share equal responsibility for the mortgage crisis.”

I readily admit that this is pure speculation. I merely suggest that this is a plausible explanation of what the transcripts might contain. A person, especially a politician, who is paid over $200,000 for a speech can be expected to tell the audience what it wants to hear. But defending Wall St. in the current political climate is a sure way of losing an election. So it makes sense that Clinton would prefer to be criticized for not releasing the transcripts rather then be criticized for what she said to Goldman-Sachs.

[giftedgirl77]

1. Oooohhhh good one.

I bet Sanders taxes show he's been lying about his exemptions for years...

Does anyone else see how stupid this shit has gotten? HRC is not the Antichrist & Sanders isn't Jesus. Can Americans not help turning everything into an overdramatic reality show?

[fun n serious]

2. I want to see Sanders tax returns

I won't let it go until I see 8 years long form. He is hiding something corrupt in my opinion and the people should know!

[welivetotreadonkings]

3. Not pure speculation.

Your theory seems pretty spot on, at least accordi ng to the source in this story, who was in attendance at one of the speeches:
http://www.politico.com/story/2016/02/clinton-speeches-218969

[Viva_La_Revolution]

6. great link, this comment especially

“It was pretty glowing about us,” one person who watched the event said. “It’s so far from what she sounds like as a candidate now. It was like a rah-rah speech. She sounded more like a Goldman Sachs managing director.”

Read more: http://www.politico.com/story/2016/02/clinton-speeches-218969#ixzz45SHEITWT
Follow us: @politico on Twitter | Politico on Facebook

[restorefreedom]

4. i am sure trump has copies

and will release them in a ge. problem is, if she gets as far as the nom, the dem party is stuck with a loser in the ge. we have to get bernie nominated to prevent this.

[Gwhittey]

5. Proably going to be Cruz.

And since his wife was at the speeches as she works for Goldman Sachs I bet she has idea what was said.

[BernieforPres2016]

8. Ted might have a hard time trashing his wife's employer

I don't think the Republicans are going to nominate Trump or Cruz if neither has the required delegates going into the convention.

[Gwhittey]

9. So you think it is going to be Kasich?

Because it can not be anyone else Rule 41B of RNC convention states someone must have won 8 states in order to be eligible for nomination.

[BernieforPres2016]

12. From what I understand their rules are temporary and they can change them at the convention

I think they hate Trump and Cruz, but both trounced Kasich, who has only won one state. I think the most likely outcome is that the delegates hold firm for a few votes, they make the story that the Trump people wouldn't come over to Cruz and the Cruz people wouldn't come over to Trump, so they had to find another candidate. And I think they'll nominate Paul Ryan or somebody else who didn't run. I think that's the most likely outcome, but far from a sure thing.

Look at what Lindsey Graham and others who are now "endorsing" Cruz have said about him. I think their hatred for him is genuine. I think after the establishment tried to push Jeb and then Rubio, that their only option left to stop Trump was to use Cruz as a Trojan Horse and then pick somebody else at the convention.

[riderinthestorm]

14. Just had a thought - I wonder if Cruz will take Heidi's knowledge of those speeches

and just begin making shit up.

Why not?

If Hillary won't release them herself, Cruz can put any spin he likes on them.

[restorefreedom]

15. then he will definitely have copies

either way its coming out.

[GeorgeGist]

7. Consider this: Hillary doesn't own them.

Goldman Sachs™ does.

[BernieforPres2016]

10. My guess is that she told them the American public doesn't understand the vital role Wall Street

plays in the American economy by raising funds for companies and municipal projects. That while they did some things wrong, they've been unfairly demonized. And that Wall Street can play a major role in things to revitalize the U.S., like public-private partnerships for infrastructure.

Hillary always says what her audience wants to hear. Taking the money for the speeches is disgraceful. She should have donated all the money, or at least the vast majority of it, to charity if she wanted to run for President. I don't care that much about what she said but would like to see the transcripts leaked because I'm sure they would be embarrassing.

Try to imagine the MSM giving Bernie a pass on an issue like this for month after month. They would be asking him what he had to hide every time they talked to him. Hillary gives them the "I'll release them when everybody else does" bullshit on the rare occasions they ask and they just move on.

[Lucinda]

11. She says something very similar to that now. It's not new information.

She also gives the government a share of the responsibility.
And I agree with her. It's not telling them what they want to hear, it's the facts.

[Fumesucker]

13. One group lost their homes, the families, their livelihoods. The other group got bonuses.

[bjo59]

16. Just wait until Americans find out first hand that bank bailouts

have been replaced with "bail ins." I think in 2017 there are going to be a lot of people wishing they'd voted for Bernie Sanders. Another bank failure tsunami is in the offing (as those who read a wide array of international economists' forecasts already know). I don't know how much it will help but holding one's money in a credit union is a much better idea than keeping it in a commercial bank.