Like Obama, Clinton Likely to Promise Big, Give Hope, and Disappoint

The discrepancy between Barack Obama’s campaign rhetoric and actions as President have disappointed many of his former supporters.  In this post, the first in a series focused primarily on Democratic presidential candidate Hillary Clinton, Emilio da Costa explains why Obama’s political appointments bode poorly for what a Clinton presidency might bring. Emilio, who holds a master’s degree in City and Regional Planning from Berkeley and a bachelor’s degree in Urban Studies from Stanford, will in future posts explore specific policy areas in which Clinton’s record raises questions about the sincerity of her stated intentions.

Emilio da Costa

Emilio da Costa

On April 12th, Hillary Rodham Clinton officially announced that she will be running for the presidency in the 2016 election. If victorious, she will be the first female president in American history, and so, understandably, there has been considerable attention given to what that achievement would mean for gender equality. That having a woman become president would ‘shatter the glass ceiling’ is a widespread sentiment among her supporters and the hope attached to this sentiment gives her a tremendous amount of populist appeal. Unfortunately, while hope is a strong currency in the market for votes, it doesn’t always exchange so well in the realm of actual policy decisions.

We saw this same situation with Obama. Who better than a black man who eloquently spoke of hope, change, and progress to embody the ideals of civil rights, accountability, and equality that so many Americans were yearning for? And yet, even though the rhetoric was always there, the reality was a stark contrast. The Obama Administration deported more immigrants than any other in American history. While arming and funding the ‘moderate’ rebels in Syria and, at one point, drone-bombing Yemen, Somalia,  Libya, Afghanistan, and Pakistan simultaneously, Obama contradicted his supposed dedication to cooperative multilateral decision-making by unilaterally expanding war powers well beyond George W. Bush. Even the “landmark reform” in health care that the Obama Administration managed to pass, the Affordable Care Act, is a lot less impressive when you compare it to a strikingly similar GOP-sponsored health care reform plan from 1993.

By making Tim Geithner his first Cabinet appointment and maintaining “Goldman Sachs’s seeming lock on high-level U.S. Treasury jobs,” Obama made it quite clear early in his presidency that he was not the progressive he purported to be. Another appointment with a glaring conflict of interest was Monsanto’s former Vice President for Public Policy, Michael Taylor, selected to be deputy commissioner at the FDA. Even Obama’s appointments most widely praised by the mainstream liberal media have seriously tainted records. A key example of this was his appointment of Eric Holder as attorney general.

Holder’s less-than-inspiring past as a litigator did not receive the publicity it deserved. In a case representing Chiquita Brands International, Holder defended the company’s funneling money and weapons to the United Self-Defense Forces of Colombia, or AUC, a right-wing paramilitary organization on the US State Department’s own list of terrorist organizations. Writing for CounterPunch, Mario A. Murillo explained:

In 2003, an Organization of American States report showed that Chiquita’s subsidiary in Colombia, Banadex, had helped divert weapons and ammunition, including thousands of AK-47s, from Nicaraguan government stocks to the AUC. The AUC – very often in collaboration with units of the U.S.-trained Armed Forces – is responsible for hundreds of massacres of primarily peasants throughout the Colombian countryside, including in the banana-growing region of Urabá, where it is believed that at least 4,000 people were killed. Their systematic use of violence resulted in the forced displacement of hundreds of thousands of poor Colombians, a disproportionate amount of those people being black or indigenous.

In 2004, Holder helped negotiate an agreement with the Justice Department for Chiquita that involved the fruit company’s payment of “protection money” to the AUC, in direct violation of U.S. laws prohibiting this kind of transaction.

Another appointment that hinted toward Obama’s true colors occurred before he was elected. Like Holder, mainstream media outlets have reported very little on the unsavory aspects of Vice President Joe Biden’s history, which include having been responsible for drafting and introducing the Omnibus Counterterrorism Act of 1995, the precursor to the PATRIOT Act so infamous for its nullification of constitutional civil liberties. More recently, the appointment of Loretta Lynch as the new attorney general has been lauded because of the opportunity it presents for the first black woman to hold the position.

Lynch’s record, like that of other appointments, isn’t exactly praiseworthy. While Lynch has been quick to attempt to develop a reputation as an international corruption watchdog by beginning her tenure with a 47-count indictment of FIFA officials, C. Robert Gibson lists the ways in which this investigation directly contradicts the treatment she afforded white collar criminals during her time as US attorney for the Eastern District of New York:

…HSBC was caught laundering $800 million for the notoriously violent and wealthy Sinaloa drug cartel in 2012 yet skated with a $1.9 billion fine — less than 2.8 percent of HSBC’s $68.3 billion in revenue for that year. To put that in perspective, if a person making $40,000 a year was fined the same percentage of income, it would only be $1,113, or about a month’s rent. And after Citibank was caught purposefully misleading investors to buy mortgage-backed securities that the bank knew were junk, Lynch’s office fined the bank $7 billion ($3.8 billion of which was billed to U.S. Taxpayers).

Gibson makes a strong case that “Lynch’s legal career is emblematic of the revolving door between Washington and Wall Street.” It included stints at Cahill Gordon & Reindel which he refers to as “the go-to law firm for New York’s financial crooks,” Hogan & Hartson, where her first case was to defend an Arthur Andersen partner who got caught cooking the books for Enron, and the board for the New York Federal Reserve, where she worked directly under the aforementioned Geithner, who became a household name after “turning a blind eye to Wall Street’s high-risk gambling schemes that led to the 2008 financial crisis.” And so, “No wonder Lynch hasn’t ever put a banker in jail during her legal career: They’re her former clients.” Not only did Lynch exhibit a characteristic lack of moral fortitude when it came to financial criminals, but managing editor for the Black Agenda Report Bruce A. Dixon paints a similar picture with respect to her prosecution of war criminals:

In 2005 Lynch was recruited by US Ambassador-at-Large for War Crimes Stephen Rapp to administer “victor’s justice” upon the losers in Rwanda’s civil war. The US had backed Paul Kagame, trained at Ft. Leavenworth Kansas, who shot his way to power with an army that included child soldiers. In the process Kagame’s forces committed a sizeable share of the 800,000 murders in what the world knows as the Rwandan genocide. So in Rwanda Loretta Lynch interviewed only persons brought to her by Kagame’s cronies. Like the rest of the International Tribunal, she never questioned Kagame’s role [in] assassinations of the Rwandan and Burundian presidents, the tens of thousands of murders that occurred in areas controlled by Kagame’s forces, or the role of Kagame and his partners in the ongoing pillage of neighboring Congo which had taken some 5 million lives and counting by 2008.

We shouldn’t expect anything better in the way of appointments if Hillary is to become president. From donations to the Clinton Foundation to generous speaking fees and campaign contributions, there is substantial reason to believe that the relationship between Washington and Wall Street would only grow stronger with her at the helm. Despite Clinton’s effort to appeal to economic populism and appear tough on the financial industry, the next part of this series, with much credit to Matt Taibbi, will show that Clinton’s ties to the banksters run much, much deeper than do her ties to those she will be pandering to on the campaign trail.

Click here to read Part 2 of the series.

2 Comments

Filed under 2016 Presidential Election, US Political System

2 responses to “Like Obama, Clinton Likely to Promise Big, Give Hope, and Disappoint

  1. I worked with Ms. Clinton for the 1997 Microcredit Summit. Yes, as with any .01% “leader,” she promised everything on behalf of her president husband, and then did absolutely nothing (as did Secretary of the Treasury, Bob Rubin). This ongoing cost to allow global poverty when all solutions are known and affordable with under 1% of our income for sustainable progress that reduces population growth rates in every historical location tells us much of the priorities of such “leaders”: one million children dying slow, horrific deaths from preventable poverty every month.

    But the truth of the most important facts is the leverage point: we’re discussing leadership among War Criminals and “bankster looters”. The War Crimes are easy to explain and document; the fundamental economic fraud with annual costs in the trillions requires some detail, and just as clear.

    So! The only change we’ll have is from public demand for “Emperor’s New Clothes” obvious act: arrests of these obvious criminals for obvious crimes in the most important areas that should be managed for the public good.

    My recent paper to explain and document from a conference of 1,600 people at the Claremont Colleges: http://www.washingtonsblog.com/2015/05/seizing-an-alternative-recognizing-the-emperors-new-clothes-as-the-story-of-today-1-of-7.html

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