Democracy Gone Astray

Democracy, being a human construct, needs to be thought of as directionality rather than an object. As such, to understand it requires not so much a description of existing structures and/or other related phenomena but a declaration of intentionality.
This blog aims at creating labeled lists of published infringements of such intentionality, of points in time where democracy strays from its intended directionality. In addition to outright infringements, this blog also collects important contemporary information and/or discussions that impact our socio-political landscape.

All the posts here were published in the electronic media – main-stream as well as fringe, and maintain links to the original texts.

[NOTE: Due to changes I haven't caught on time in the blogging software, all of the 'Original Article' links were nullified between September 11, 2012 and December 11, 2012. My apologies.]

Tuesday, February 23, 2016

Hillary Clinton Again Declines to Disclose What She Told Big Banks in Her Paid Speeches

The guy in the audience said it was a matter of trust. “Please just release those transcripts so we know exactly where you stand,” he said.

But Hillary Clinton wasn’t going there. At the MSNBC town hall with the Democratic presidential candidates on Thursday evening in Las Vegas, Clinton once again refused to release transcripts or recordings of the secret speeches she was paid millions of dollars to make to Wall Street banks.

Clinton literally laughed off the question when we first asked her, in January. Several days later, when Chuck Todd asked her during an MSNBC debate in New Hampshire, she said she would “look into it.”

Shortly thereafter, however, Clinton had a new talking point, which is the one she used again on Thursday night, in response to a question from a self-identified Bernie Sanders supporter in the audience – a realtor named Joe Sacco.

“Why are you hesitant to release transcripts, or audio-video recordings of those meetings in order to be transparent with the American people regarding the promises, and assurances that you have made to the big banks?” Sacco asked.

Clinton replied: “I’m happy to release anything I have when everybody else does the same, because every other candidate in this race has given speeches to private groups, including Senator Sanders.”

Sacco followed up by noting that Clinton had changed her position on marriage equality, and that she faces trust issues. “Please just release those transcripts so we know exactly where you stand,” he said.

Clinton speaking contracts that have been made public stipulate that a stenographer is hired to make a record of her speeches and that she owns the transcripts. As the demand for her to release the transcripts has increased, Clinton’s team has reportedly began reviewing the documents to assess the political risk of making them public.

Records show Bill and Hillary Clinton made over $125 million from giving paid speeches since 2001. In particular, critics question why Hillary Clinton received over $675,000 from Goldman Sachs, an investment bank notorious for using its ties to public officials to influence policy, over the course of three speeches in 2013.

And while Clinton likened her paid speeches to similar speeches given by Bernie Sanders, financial records show Sanders made $1,876 for two paid speeches and a television appearance last year. Sanders donated the speech fees to a local charity in Vermont that serves low-income families.

An attendee of one of Clinton’s Goldman Sachs speeches said she gave such a flattering speech that she “sounded more like a Goldman Sachs managing director.” According the Wall Street Journal, Clinton used one of her speeches to the bank to thank the audience for what they had done for the country.

Original Article
Source: theintercept.com/
Author: Lee Fang

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