Clinton’s Ties To Wall Street

Corn examines them:

Hillary Clinton’s shift from declaimer of Big Finance shenanigans to collaborator with Goldman—the firm has donated between $250,000 and $500,000 to the Clinton Foundation—prompts an obvious question: Can the former secretary of state cultivate populist cred while hobnobbing with Goldman and pocketing money from it and other Wall Street firms? Last year, she gave two paid speeches to Goldman Sachs audiences. (Her customary fee is $200,000 a speech.) …

If Hillary does decide to seek a return to the White House, can she straddle the line? Assail the excesses of Wall Street piracy and tout the necessity of economic fair play yet still accept the embrace, generosity, and meeting rooms of Goldman Sachs and other Wall Street players? During her speech, she offered a good summation of populism, remarking “working with my husband and daughter at our foundation, our motto is ‘We’re all in this together,’ which we totally believe.” Yet her association with Goldman might cause some to wonder how firmly she holds this belief—and how serious she is about reining in those robber barons.

Judis, for one, doesn’t foresee a populist uprising anytime soon:

Why did movements against economic inequality flourish in the past, but not now? Some people on the left blame the President. If only Obama had taken a stronger stand against what Theodore Roosevelt called “the malefactors of great wealth,” the logic goes, he could have roused the country to action and prevented the rise of the Tea Party. That argument seemed persuasive to me four years ago, but no longer. If you compare the circumstances in which the older challenges to inequality took place with those now, you discover that something important has been missing and would have been missing regardless of whether Obama had sounded the tocsin. For all the talk today about stagnant wages and the long-term unemployed, today’s foot soldiers of a movement remain significantly more invested in the status quo than those who embraced populist agitators Sockless Jerry Simpson or Huey Long.