Hillary Clinton’s Sincerity Question

As Hillary Clinton talks up her commitment to economic and social justice, the big question for Democrats is: Does she means what she says or is she just mouthing words to block challengers from her left, as Bill Moyers and Michael Winship explain.

By Bill Moyers and Michael Winship

“Perfect! Perfect!” exclaimed a woman looking around at the Four Freedoms Park on New York City’s Roosevelt Island as a large crowd waited for Hillary Clinton to announce her presidential candidacy last weekend.

And so it was. Secretary Clinton had chosen an ideal setting to link her destiny to the founding father of the modern Democratic Party, Franklin Delano Roosevelt, the political giant whose famous proclamation in 1941 of the Four Freedoms freedom of speech and worship, freedom from fear and want — defined the essence of American ideals after a devastating economic disaster and as we prepared to enter a great world war.

Former Secretary of State Hillary Clinton.

Former Secretary of State Hillary Clinton.

“Perfect! Perfect!” Except for one thing — something the exultant spectator packed in the crowd at ground level might not have been able to see. As the camera pushed in toward the horizon behind Clinton, there it was, beyond the island and across the water: the skyline of Wall Street, the embodiment of financial might and its moguls and barons “the malefactors of great wealth,” as his cousin Teddy called them that FDR took on in his fight to save democracy from unbridled greed, and capitalism from itself.

As Clinton spoke — “Prosperity can’t be just for CEOs and hedge fund managers” and “Democracy can’t be just for billionaires and corporations” — you could imagine the juxtaposition to have been deliberate, staged by her managers to superimpose her rhetorical defiance of plutocracy against its glass and steel castles off in the distance.

No doubt she had thrown around herself this cloak of populism because it is the current fashion a superb and timely one among many Democrats, especially progressives battling the oxymoronic Wall Street Democrats who in the past 30 years hijacked FDR’s party and severed it from its working class roots.

So it was refreshing to see her sally forth to do battle with the hyenas of Wall Street (as one noted hedge fund manager candidly described his ilk) proclaiming that, “The financial industry and many multinational corporations have created huge wealth for a few by focusing too much on short-term profit and too little on long-term value, too much on complex trading schemes and stock buybacks, too little on investments in new businesses, jobs, and fair compensation.”

Her loyalists were presenting her to us as the reincarnation of the young woman she was in the 1970s and 1980s, the student who wrote her senior thesis on the organizer Saul Alinsky, interned at a fearless and controversial civil rights law firm, worked as an attorney for the Children’s Defense Fund, investigated the treatment of migrant workers and chaired the board of the Legal Services Corporation.

Yet you could also wonder if they had been unaware of another possible reading of the metaphor presented by the sight of Roosevelt Island against the skyline of Wall Street — something her handlers didn’t intend: a mockery of the words she was speaking at that very minute.

She is, after all, a favorite of the giant banks, the CEOs and hedge funds she now was castigating. Between 2009 and 2014, Clinton’s list of top 20 donors starts out with Citigroup and includes JPMorgan Chase, Morgan Stanley and Goldman Sachs, whose chief Lloyd Blankfein has invested in Clinton’s son-in-law’s boutique hedge fund.

These donors are, as the website Truthout’s William Rivers Pitt notes, “the ones who gamed the system by buying politicians like her and then proceeded to burn the economy down to dust and ash while making a financial killing in the process.”

They’re also among the deep-pocket outfits that paid for speeches and appearances by Hillary or Bill Clinton to the tune of more of more than $125 million since they left the White House in 2001. It could hardly escape some in that crowd on Roosevelt Island, catching a glimpse of the towers of power and might across the river: Can we really expect someone so deeply tethered to the financial and business class who moves so often and so easily among its swells to fight hard to check their predatory appetites, dismantle their control of Congress, and stand up for the working people who are their prey?

Consider the two Canadian banks with financial ties to the Keystone XL pipeline that fully or partially paid for eight speeches by Hillary Clinton. Or her $3.2 million in lecture fees from the tech sector. Or the more then $2.5 million in paid speeches for companies and groups lobbying for fast-track trade.

According to TIME magazine and the Center for Responsive Politics, in 2014, “Almost half of the money from Hillary Clinton’s speaking engagements came from corporations and advocacy groups that were lobbying Congress at the same time. In all, the corporations and trade groups that Clinton spoke to in 2014 spent $72.5 million lobbying Congress that same year.”

Then look at David Sirota’s recent reporting for the International Business Times, especially the revelation that while Hillary Clinton was Secretary of State, her department “approved $165 billion worth of commercial arms sales to 20 nations whose governments have given money to the Clinton Foundation, according to an IBTimes analysis of State Department and foundation data nearly double the value of American arms sales made to the those countries and approved by the State Department during the same period of President George W. Bush’s second term.”

Those nations include Saudi Arabia, Kuwait, Algeria, the United Arab Emirates, Oman and Qatar, each of which “gained State Department clearance to buy caches of American-made weapons even as the department singled them out for a range of alleged ills, from corruption to restrictions on civil liberties to violent crackdowns against political opponents.”

Further, American defense contractors like Boeing and Lockheed who sold those arms and their delivery systems also shelled out heavily to the $2 billion Clinton Foundation and the Clinton family.

According to Sirota, “In all, governments and corporations involved in the arms deals approved by Clinton’s State Department have delivered between $54 million and $141 million to the Clinton Foundation as well as hundreds of thousands of dollars in payments to the Clinton family, according to foundation and State Department records. The Clinton Foundation publishes only a rough range of individual contributors’ donations, making a more precise accounting impossible.”

The Washington Post reports that among the approximately 200,000 contributors there have also been donations from many other countries and corporations, overseas and domestic business leaders, the odious Blackwater Training Center and even Rupert Murdoch of celebrity phone hacking fame.

Meredith McGehee, policy director of the nonpartisan Campaign Legal Center, told David Sirota: “The word was out to these groups that one of the best ways to gain access and influence with the Clintons was to give to this foundation.”

We pause here to note: All of these donations were apparently legal, and as others have written, at least we know who was doling out the cash, in contrast to those anonymous sources secretly channeling millions in “dark money” to the chosen candidates of the super rich.

In The Atlantic, Lawrence Lessig, campaign finance reform activist and director of Harvard’s Safra Center for Ethics, put it well: “The question is not whether Hillary Clinton is a criminal. Of course she is not. The question is whether she can carry the mantle of a reformer. Can she really stand above the cesspool that is Washington — filled not with criminals but with decent people inside a corrupted system trying to do what they think is good — and say, this system must change. And does she really see the change that’s needed, when for the last 15 years, she has apparently lived a life that seems all but oblivious to exactly Washington’s problem.”

We see “exactly Washington’s problem” in how, during the 1990s, Bill Clinton became the willing agent of Wall Street’s push to deregulate, a collaboration that enriched the bankers but eventually cost millions of Americans their homes, jobs, and pensions.

Thanks to documents that came to light last year (one even has a hand-written note attached that reads: “Please eat this paper after you have read this.”), we understand more clearly how a small coterie of insiders maneuvered to get President Clinton to support repeal of the New Deal-era Glass-Steagall Act that had long protected depositors from being victimized by bank speculators gambling with their savings. Repeal led to a wave of Wall Street mergers.

As you can read in stories by Dan Roberts in The Guardian and Pam and Russ Martens online, the ringleader of the effort was Secretary of the Treasury Robert Rubin, who breathlessly persuaded the President to sign the repeal and soon left office to join Citigroup, the bank that turned out to be the primary beneficiary of the deal. When it overreached and collapsed, Citigroup received the largest taxpayer bailout in the history of U.S. finance. Rubin, meanwhile, earned $126 million from the bank over ten years.

According to The New York Times, Rubin “remains a crucial kingmaker in Democratic policy circles” and, as an adviser to the Clintons, “will play an essential role in Hillary Rodham Clinton’s campaign for president”

Hillary Clinton, as a young Methodist growing up in Park Ridge, Illinois, was weaned on the social ethics of John Wesley, a founder of Methodism and a courageous champion of the poor and needy; we have her word for it and the witness of others. “Do all the good you can,” the Methodist saying goes, “in all the places you can, at all the times you can, to all the people you can, as long as ever you can.”

But over time, Hillary Clinton achieved superstar status among Washington’s acculturated class that swollen colony of permanent denizens of our capital who may have come from the hinterlands but can hardly resist the seductive ways of a new and different culture in which the prevailing mindset is: It’s important to do good but more important to do well.

Lawrence Lessig believes she is an unlikely reformer “which is precisely why she might be a particularly effective one.” But her way of life has marinated for a long time now in the culture of wealth, influence, and power — and a way of thinking engrained deeply in our political ethos, one in which one’s own power in democracy is more important than democracy itself.

It will take a conversion worthy of John Wesley to wrest free of that mindset, but God forbid we should have to live with another White House eclipsed by the skyline of Wall Street.

Bill Moyers is the managing editor of Moyers & Company and BillMoyers.com. Michael Winship is the Emmy Award-winning senior writer of Moyers & Company and BillMoyers.com, and a senior writing fellow at the policy and advocacy group Demos.

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12 comments for “Hillary Clinton’s Sincerity Question

  1. Eddie
    June 21, 2015 at 23:40

    Above article doesn’t even mention Hillary’s being on the Walmart board of directors in the late 80s–early 90s, that anti-labor behemoth. Now she’s trying to distance herself from that, but — like our civics teachers always recommended, you should really judge political candidates by their ACTIONS (i.e.; how they’ve VOTED in the past, and what they’ve DONE), NOT by what they’re saying. They can SAY anything, just like we can on the Internet (e.g.; it’s hard to believe, but I’m actually Napoleon Bonaparte, returned to life!), but that’s just equivalent to useless bar-talk. Like the old song said “… believe half of what you see and none of what you hear”…

    • BrianB
      July 1, 2015 at 20:01

      I’ve heard recently several mentions of her time at the Children’s Defense Fund, but not a peep of the job that made them rich, her work as a sleazebag corporate lawyer at the Rose Law Firm, defending the likes of Tyson Foods from their customers, employees and regulators.

  2. hp
    June 20, 2015 at 23:03

    The wife of The Carny Prince; Hillary: Even her phony baloney is phony baloney.

  3. Broos
    June 20, 2015 at 21:44

    Above her Rusevelt tsoon-to-be tsea-level tsunamied Island in the
    Manhattan TRA$H-FLOW, rises from even below her level in the 9/11
    Mausoleum; the Svoboda Tower of the One-World $lave Center, like a
    FastRacketeering TPP to the $HAFT she’s certain to deliver to US as a
    domestic, “Fu¢k YEU ALL” should we the People succumb to the utter
    stupidity of electing her ♀ precedent.

  4. JOHN L OPPERMAN
    June 20, 2015 at 11:53

    “Clinton is not a criminal”, as judged by a law that says stealing a loaf of bread to feed a starving child is criminal-and may allow to be shot dead in the streets, while deliberately lying into war that literally destroys an entire civilization and slaughters untold millions of people for giggles and profit is not.

  5. Dfnslblty
    June 20, 2015 at 10:22

    Mid-essay, Lessig is pulled out to say – of course Clinton isn’t a criminal.
    He may be correct – she has not been convicted of her illegal and immoral actions as congresswoman and sec.state.
    Which leaves the pauperPublic with a most hypocritical/insincere candidate!

    Stop the Illegal and immoral Wars!

  6. Mark
    June 20, 2015 at 08:52

    Hillary is the quintessential corporatist warmonger and every bit as phony as two-dollar Bill, Slick-Willy Clinton — together they’ve worked hard at propagandizing and delivering the American public into what is certainly corporate and special interest fascism — as America’s resouces, through Military adventurism, have been commandeered by the special interest of Israel’s pre-planned unholy in illegal wars that used 9/11 as an excuse to luanch and just happen to benefit the MIC along with a few other powerful corporate interests at everyone else’s expense — all while strengthening the death grip they have on freedom and democracy in America.

    Hillary and Bill have been at the forefront of selling out the American public, their constituents, for decades to the highest corporate and special interest bidders with no concern for the public or upholding US and international law.

    Neither party represents the American public… Reform is long past due…

    • doodaa
      June 20, 2015 at 21:20

      I totally agree with you, Mark. What many people do not understand is the foundation that was laid in WWII is beginning to see it’s goal (Nazism=Israel). Look closely and you will understand that they have the same goals, a dominate “race” that reaps the spoils of everything. It seems like now is the time, or never. Hillary is all in for the globalist government and she wants to be one of the “top-dogs” no matter what. “They” need to start culling the herd because the common person that they depend on is waking up. LIE, CHEAT, STEAL, MASS MURDER………..It doesn’t matter anymore to the powers that want to be at the top. Time is upon us. I have little sympathy for the low-level enablers that think they are doing “the right thing”. You know who I’m talking about. The enablers have yet to realize they are expendable and will be holding hands with the corpses that are to come. The other choice…..work for the global cabal time clock, simply to survive. Time to make a choice and “they” aren’t giving free people much of a choice. Don’t like war? No matter. Don’t like your labors making someone else rich? No matter. Don’t like the politicians? No matter. Want to talk about useless eaters? I could name many that hold government positions………many useless eaters that make laws to their own benefit. I wouldn’t be surprised if some ABC agency comes knocking on my door in the near future for this post. B*tchs are scared and they should be. Aloha.

      • terryp
        June 22, 2015 at 14:32

        I believe what u dooda & mark write. Do u think we should be afraid of any threats from the corp. nazism=israel, as far as even express this in print?

  7. Joe Tedesky
    June 20, 2015 at 08:32

    It is interesting to watch as everyone braces themselves for the 2016 presidential election. I am somewhat amazed how I have not met one person yet who is satisfied with any of the presidential candidates. Even more, I am surprised how most people these days feel that this election will be decided by the very rich. In fact, there are many American voters who are saying how they will probably not even vote, this time around for president. Apparently, the public did get the memo, when it came to ‘Citizens United’. The American voter is just going through the motions, and putting their time in, and nothing more. Between the wars we involve ourselves in, to the food and drugs we take digest, Americans have become zombies. We know our vote doesn’t count any longer, so life goes on. Next!

    • hammersmith
      June 22, 2015 at 09:21

      I never doubted her.

  8. Joe Tedesky
    June 20, 2015 at 08:31

    It is interesting to watch as everyone braces themselves for the 2016 presidential election. I am somewhat amazed how I have not met one person yet who is satisfied with any of the presidential candidates. Even more, I am surprised how most people these days feel that this election will be decided by the very rich. In fact, there are many American voters who are saying how they will probably not even vote, this time around for president. Apparently, the public did get the memo, when it came to ‘Citizens United’. The American voter is just going through the motions, and putting their time in, and nothing more. Between the wars we involve ourselves in, to the food and drugs we take digest, Americans have become zombies. We know our vote doesn’t count any longer, so what the heck!

Comments are closed.