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Cynics, Step Aside: There is Genuine Excitement Over A Hillary Clinton Candidacy

By       Message Glenn Greenwald       (Page 1 of 1 pages)     Permalink

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From flickr.com/photos/14967901@N07/2241091104/: Hillary Clinton
Hillary Clinton
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It's easy to strike a pose of cynicism when contemplating Hillary Clinton's inevitable (and terribly imminent) presidential campaign. As a drearily soulless, principle-free, power-hungry veteran of DC's game of thrones, she's about as banal of an American politician as it gets. One of the few unique aspects to her, perhaps the only one, is how the genuinely inspiring gender milestone of her election will (following the Obama model) be exploited to obscure her primary role as guardian of the status quo.

That she's the beneficiary of dynastic succession -- who may very well be pitted against the next heir in line from the regal Bush dynasty (this one, not yet this one) -- makes it all the more tempting to regard #HillaryTime with an evenly distributed mix of boredom and contempt. The tens of millions of dollars the Clintons have jointly "earned" off their political celebrity -- much of it speaking to the very globalists, industry groups, hedge funds, and other Wall Street appendages who would have among the largest stake in her presidency -- make the spectacle that much more depressing.

But one shouldn't be so jaded. There is genuine and intense excitement over the prospect of (another) Clinton presidency. Many significant American factions regard her elevation to the Oval Office as an opportunity for rejuvenation, as a stirring symbol of hope and change, as the vehicle for vital policy advances. Those increasingly inspired factions include:

Wall Street

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Politico Magazine, November 11, 2014 ("Why Wall Street Loves Hillary"):

Down on Wall Street they don't believe (Clinton's populist rhetoric) for a minute. While the finance industry does genuinely hate Warren, the big bankers love Clinton, and by and large they badly want her to be president. Many of the rich and powerful in the financial industry -- among them, Goldman Sachs CEO Lloyd Blankfein, Morgan Stanley CEO James Gorman, Tom Nides, a powerful vice chairman at Morgan Stanley, and the heads of JPMorganChase and Bank of America -- consider Clinton a pragmatic problem-solver not prone to populist rhetoric. To them, she's someone who gets the idea that we all benefit if Wall Street and American business thrive. What about her forays into fiery rhetoric? They dismiss it quickly as political maneuvers. None of them think she really means her populism.

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Glenn Greenwald is one of three co-founding editors of The Intercept. He is a journalist, constitutional lawyer, and author of four New York Times best-selling books on politics and law. His most recent book, No Place (more...)
 

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