The subject of Hillary’s speeches to Goldman Sachs came up again during the MSNBC debate. Media has asked her for transcripts of her speeches but they haven’t been forthcoming. Once again, during the debate she evaded the question saying, “I’ll have to look into it”. Her minion, Brian Fallon, backed that off even more, saying “if they still exist”.
We don’t have the transcripts yet, but we do have some insight into what she said from this Politico article from 2013, which we quote in pertinent part.
Ordinarily these masters of the universe might have groaned at the idea of a politician taking the microphone. In the contentious years since the crash of 2008, they’ve grown wearily accustomed to being called names—labeled “ fat cats” by President Obama and worse by those on the left—and gotten used to being largely shunned by Tea Party Republicans for their association with the Washington establishment. And of course there are all those infuriating new rules and regulations, culminating this week with the imposition of the so-called Volcker Rule to make risky trades by big banks illegal.
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But Clinton offered a message that the collected plutocrats found reassuring, according to accounts offered by several attendees, declaring that the banker-bashing so popular within both political parties was unproductive and indeed foolish. Striking a soothing note on the global financial crisis, she told the audience, in effect: We all got into this mess together, and we’re all going to have to work together to get out of it. What the bankers heard her to say was just what they would hope for from a prospective presidential candidate: Beating up the finance industry isn’t going to improve the economy—it needs to stop. And indeed Goldman’s Tim O’Neill, who heads the bank’s asset management business, introduced Clinton by saying how courageous she was for speaking at the bank. (Brave, perhaps, but also well-compensated: Clinton’s minimum fee for paid remarks is $200,000).
So what is at least one reason she doesn’t want them out? Because she pandered like a madwoman to them, as she does to each audience, telling them what an asset she would be to them and she doesn’t want her left audience to know that now.
HT: David Sirota