Quote (ThatAlex @ Jul 19 2016 05:03pm)
If donations from Wall Street, corporations, or banks don't affect the political behavior of politicians, then what is the point of trying to overturn Citizens United?
All of the different employees from all of the different companies spread across all of the different industries in this country are all competing against one another with their donations in order to either help their preferred candidate, improve conditions for their industry, or to accomplish both simultaneously. That's fair. People want to overturn Citizens United because it eliminates any semblance of fairness in campaign finance; it allows the affluent to essentially buy elections so long as they aren't completely incompetent in how and where they put their money. If you overturn that decision then the people working in different industries, including the financial services industry, can't just magically override longstanding goals of a party with the size/scope of their donations.
Quote (inkanddagger @ Jul 20 2016 08:56am)
What are you talking about? Clinton has spent her candidacy defending Dodd-Frank and opposing the stricter standard Bernie Sanders wanted to return to. Sanders was very specific in saying we should reimplement Glass-Steagall. I haven't heard any specifics from Clinton that would go as far as that
While she's defended Dodd-Frank from the dumb suggestions from Republicans that we need to get rid of it, she didn't oppose the "stricter standard" that Sanders wanted, whatever that means. Instead, and in contrast to what he just said he wanted to accomplish, she actually laid out a more detailed, more aggressive set of proposals to
actually accomplish the desired result. If you didn't hear those specific proposals then it's probable, likely even, that you just bought into lazy/dumb narratives that don't reflect what actually, in reality, occurred during the campaign. Reforming the financial services industry isn't just "Glass-Stegall." Here's some of the highlights (especially the risk fee) and how what Clinton proposed was built on most of the pillars Elizabeth Warren et al. have been advocating for for so many years:
http://www.vox.com/2015/10/8/9482521/hillary-clinton-financial-reformhttp://www.motherjones.com/kevin-drum/2015/10/hillary-clinton-wants-cut-mega-banks-down-sizehttp://www.msnbc.com/msnbc/hillary-clinton-rolls-out-wall-street-plan