Monday, February 17, 2014

Krystal Ball On Why Hillary Clinton Shouldn't Run

The transcript of Ball's commentary.

It is clear now that we have two economies: one for a thin slice of educated elite and one for everyone else. That is the moment we are in now. So I ask you, does Hillary Clinton sound to you like the right person for this moment?

In a time when corporations have hijacked our politics enabling them to reap all the profit without feeling any compunction to do right by their workers, is someone who sat on the rabidly anti-union board of Walmart for six years the right person to restore worker’s rights?

In a time when we are still reeling from a global financial disaster brought on by foolhardy bank deregulation, is someone who recently took $400,000 to give two speeches at Goldman Sachs the person we need to wrest control of the asylum back from the banking inmates?

Keep in mind that at those paid speeches, Clinton wasn’t giving tough love to these masters of the universe. On the contrary, she said that “the banker-bashing…was unproductive and indeed foolish.” Of course, it was her husband, former President Bill Clinton, who did much of the deregulating that got us into trouble including ending the Glass-Steagall prohibitions on mixing traditional banking with speculative investment banking.

More to the point though, in a time when we badly need to be inspired, rallied, and made to believe that America can once again be true to the American dream, we desperately need someone who is mission driven. We need someone who is clearly passionate, who is living and breathing and feeling in their bones the plight of the worker and the middle class, and who is unafraid to stand up to the Wall Street titans. That person is not Hillary Clinton. It is Elizabeth Warren.

Hysterically, Bill O'Reilly defends Clinton from Ball. O'Reilly's reason is that Clinton would help the corporations that hide tax money overseas.

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