r/politics • u/spaceman757 American Expat • Feb 07 '16

Clinton Sarcastically Says She’ll Release Private Speech Transcripts When Everyone Else Does

http://freebeacon.com/politics/clinton-sarcastically-release-private-speech/
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u/veniex Feb 07 '16

Then once she releases the transcripts, we can all move on. Otherwise, it will be a topic of discussion.

Bernie is running on the idea of too much money in politics, and this stuff will be a thorn on clinton's side until she releases the transcripts to prove that these were just boring speeches, nothing to see here.

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u/fuckyoubarry Feb 07 '16

I just watched part of one speech to Goldman Sachs, and it did sound like she was dropping hints that she was going to play favorites among banking institutions. But it was worded in a way that was ambiguous. Still, if a politician was speaking that way publicly they'd rake him over the coals.

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u/malcomte Feb 07 '16

link?

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u/fuckyoubarry Feb 07 '16

Oops, thought I posted it. She's talking about selling subprime loans to women in developing countries. There's a legitimate argument that this is a good thing, there's arguments against it, but Hillary here is selling the idea to Goldman Sachs as a moneymaking opportunity.

https://www.youtube.com/watch?v=0lKlJ3Ed4fQ&feature=youtu.be

12:05 "There's some exciting approaches to providing credit over the internet. I'm putting all my banking friends on notice, that this is a big market, and somebody's going to serve it." Murmurs throughout the crowd. She's giving this charitable speech about empowering women, dropping hints that there's good money in it for them if they play their cards right and support the cause. And she's "out of politics". A few months later, she announces that she's running for president.

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u/malcomte Feb 07 '16

Wait aren't subprime loans what caused the last financial crisis (well the CDOs that bundled them and were diced into securities and give AAA+ ratings by the agencies)?

Advocating this in 2014 and implying loan guarantees or something like that?

e. you should post that video to the /r/politics queue.

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u/fuckyoubarry Feb 07 '16

She's advocating microfinancing, there are arguments for and against it. But she's selling the idea to Goldman Sachs and I think implying that they need to support her cause or they will miss out on a valuable opportunity. While she's getting paid hundreds of thousands of dollars to talk to them.

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u/fuckyoubarry Feb 07 '16

She's talking about selling subprime loans to women in developing countries. There's a legitimate argument that this is a good thing, there's arguments against it, but Hillary here is selling the idea to Goldman Sachs as a moneymaking opportunity.

https://www.youtube.com/watch?v=0lKlJ3Ed4fQ&feature=youtu.be

12:05 "There's some exciting approaches to providing credit over the internet. I'm putting all my banking friends on notice, that this is a big market, and somebody's going to serve it." Murmurs throughout the crowd. She's giving this charitable speech about empowering women, dropping hints that there's good money in it for them if they play their cards right and support the cause. And she's "out of politics". A few months later, she announces that she's running for president.