Daily Local News (West Chester, PA)

Will Hillary Clinton move to the right?

- By Ken Thomas

WASHINGTON >> Liberals say they’re watching.

Some Democratic activists say Hillary Clinton’s private speeches to Wall Street bankers and other moneyed interests in 2013 and 2014 confirm their long-held suspicions she will revert to more moderate positions — and choose like-minded members of her Cabinet and administra­tion — if she’s elected president.

The speech revelation­s have been overshadow­ed by the past week’s firestorm over presidenti­al rival Donald Trump’s vulgar comments about women. But Clinton’s comments will surely be an undercurre­nt in her transition and the start of her presidency if she wins the White House.

“Wall Street doesn’t pay a quarter of a million dollars for her to come and tell them how bad they are. What she said is pretty much exactly what we expected,” says Charles Chamberlai­n of Democracy for America, which unsuccessf­ully tried to draft Massachuse­tts Sen. Elizabeth Warren into the 2016 campaign and then backed Vermont Sen. Bernie Sanders.

“The day after she’s elected president, progressiv­es will have to hold her accountabl­e and fight with her to make sure she passes powerful, progressiv­e populism,” he said.

Clinton’s campaign has neither confirmed nor denied the content of the material that emerged after campaign chairman John Podesta’s personal email account was hacked by the WikiLeaks organizati­on. But a summary of potentiall­y troublesom­e comments flagged in a January 2016 email from Clinton’s campaign research director underscore­d concerns about how the speeches might be perceived by Democratic primary voters.

Clinton spoke of a need for political deal-making, telling real estate investors “you need both a public and private position,” and told another group that both political parties should be “sensible, moderate, pragmatic.” Before Deutsche Bank, she said financial reform “really has to come from the industry itself.” On trade, she said she dreamed of a “hemispheri­c common market, with open trade and open borders.”

In a 2013 discussion with Goldman Sachs CEO Lloyd Blankfein, Clinton said there was a bias in politics “against people who have led successful and/or complicate­d lives.” She also told Morgan Stanley that the findings of the Simpson-Bowles commission to cut the national debt, which called for raising the retirement age for Social Security, achieved the right framework. “You have to restrain spending, you have to have adequate revenues, and you have to have growth,” she said.

In a matchup against Trump, whose campaign has been rocked by his 11-year-old caught-on-tape comments about women, Sanders supporters have largely rallied behind Clinton as their best chance of championin­g progressiv­e causes like economic equality, debt-free college and climate change.

But they say the speeches reinforce the need to scrutinize her future choices to lead the Treasury, Justice and Commerce department­s as well as the deputies who often wield enormous power over regulation­s and policy.

“I don’t think it’s about her. I think it’s about us. She is only going to do as much as we’re going to push her to do,” said Barbara Fretonte, a Sanders primary delegate from Austin, Texas.

Norman Solomon, a Sanders delegate from California, said there are “deep and wide reasons to be worried” about how Clinton would conduct her administra­tion’s economic policy. Pointing to Bill Clinton’s presidency, Solomon added, “There was a de facto formula of ‘talk progressiv­e and serve corporate power’ and we don’t really see any contradict­ion of that in the transcript­s.”

Clinton’s team has long been aware of the problem. In a January 2015 email that was part of the WikiLeaks disclosure, Clinton speechwrit­er Dan Schwerin described meeting with Warren adviser Dan Geldon, who offered an extensive case against “the Bob Rubin school of Democratic policymake­rs,” a reference to Bill Clinton’s Treasury secretary.

“They seem wary — and pretty convinced that the Rubin folks have the inside track with us whether we realize it yet or not — but open to engagement and to be proven wrong,” Schwerin wrote. “He mentioned that everyone will be watching carefully any leaks about who HRC is meeting and talking to.”

Wall Street doesn’t pay a quarter of a million dollars for her to come and tell them how bad they are. What she said is pretty much exactly what we expected,” — Charles Chamberlai­n of Democracy for America

 ?? ANDREW HARNIK — THE ASSOCIATED PRESS ?? Democratic presidenti­al candidate Hillary Clinton, right, accompanie­d by former Vice President Al Gore, left, takes the stage for a rally at Miami Dade College in Miami, Tuesday.
ANDREW HARNIK — THE ASSOCIATED PRESS Democratic presidenti­al candidate Hillary Clinton, right, accompanie­d by former Vice President Al Gore, left, takes the stage for a rally at Miami Dade College in Miami, Tuesday.

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