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Archive for February 18th, 2016

Praise for Bernie is what Cornell West had in a recent interview with Politico magazine. In it, he excoriated Hillary for her ties to Wall Street.

According to a CNN report, Hillary and Bill gave 729 speeches from February 2001 until May 2015. The two got an average payday of $210,795 for each address. Bill and Hillary also reported at least $7.7 million for at least 39 speeches to big banks, including Goldman Sachs and UBS, with Hillary Clinton, the Democratic 2016 front-runner, collecting at least $1.8 million for at least eight speeches to big banks.

Among Professor’s West observations:

“With Obama’s departure from the White House, we shall see clearly where black America stands in relation to (Martin Luther) King’s legacy. Will voters put a smile on Martin’s face? It’s clear how we can do it. King smiles at Sanders’ deep integrity and genuine conviction, while he weeps at the Clinton machine’s crass opportunism and the inequality and injustice it breeds.

“…when it comes to advancing Dr. King’s legacy, a vote for Clinton not only falls far short of the mark; it prevents us from giving new life to King’s legacy. Instead, it is Sanders who has championed that legacy in word and in deed for 50 years. This election is not a mere campaign; it is a crusade to resurrect democracy—King-style—in our time. In 2016, Sanders is the one leading that crusade.”

King was leading the poor people’s campaign at the time of his death. Sander’s has been leading the charge for middle class, poor class, and racial equality for fifty years, while the Clinton’s have been collecting millions of dollars of speaking fees from Goldman Sachs.

West goes on:

“The Clintons’ neoliberal economic policies—principally, the repeal of the Glass-Steagall banking legislation, apparently under the influence of Wall Street’s money—have also hurt King’s cause. The Clinton Machine—celebrated by the centrist wing of the Democratic Party, white and black—did produce economic growth. But it came at the expense of poor people (more hopeless and prison-bound) and working people (also decimated by the Clinton-sponsored North American Free Trade Agreement).

“It’s no accident that Goldman Sachs paid Hillary Clinton $675,000 for a mere three speeches in 2013, or that the firm has given hundreds of thousands of dollars to her campaigns or that, in total, it has paid her and her husband more than $150 million in speaking fees since 2001. This is the same Goldman Sachs that engaged in predatory lending of sub-prime mortgages that collapsed in 2008, disproportionately hurting black Americans.”

In other words, Wall Street owns Hillary and Bill as much or more than it owns the Republican party stalwarts, such as Marco Rubio, Jeb Bush, Mitch McConnell and Orrin Hatch.

For the rest of the story: http://www.politico.com/magazine/story/2016/02/bernie-sanders-african-americans-cornel-west-hillary-clinton-213627#ixzz40Ygf3Q5Z

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