Ex CEO of Goldman Sachs endorses Hillary says appalling that Trump won't promise to cut social programs

Hank Paulson, ex CEO of Goldman Sachs and Republican Sec. of Treasury during the 2008 financial crisis has endorsed Hillary Clinton. He seems comfortable that Hillary will in fact cut social programs.

It seems that Hank Paulson, one of the architects of the 2008 global financial crisis, hasn't learned a thing about what makes a sustainable economy. He's still a trickle down, deregulating dino, determined to repeat past mistakes. Mistakes for which he was not held accountable, rescued by the taxpayers

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paradigmshift's picture

The more that neoliberals, neocons, banksters, and the elite line up behind Clinton, the more open I become to Trump. That being said, Jill Stein 2016.

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"First they ignore you, then they laugh at you, then they fight you, then you win."

lunachickie's picture

if we only knew our votes counted. I'm sorry, I can't help but think it realistic that we have to question that as part of any Strategy.

THAT and that alone is driving me to Trump at this point in time (note: you know damned well that is always subject to change, so shut up, lol!) If I can think not a fucking thing else at this point, I would like to be able to think that the Republican votes will get counted correctly before the Greens would, in this upcoming election. Unless the counters are all with Her.

You wonder. The Republican primaries seemed remarkably accurate this year, at least compared to their exit polls. That is, compared to their compatriots on the Democratic side....

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MsGrin's picture

This (old) underage rape suit this week (which also throws some dirt on Bill, apparently) may be the thing which allows them to have ANYBODY other than T-Rump. Dunno. Remember, these are guys who stole elections before our team figured out how to do it for themselves. If there's a way, they'll find it - they fear/hate T-Rump as much as we do, I believe.

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'What we are left with is an agency mandated to ensure transparency and disclosure that is actually working to keep the public in the dark' - Ann M. Ravel, former FEC member

not my team.

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Beware the bullshit factories.

edg's picture

They're supposed to wait until October to launch an "October Surprise" like this alleged rape. Remember how in 2000 someone spilled Dubya's drunk driving arrest but it was too close to the election to have an effect? Too early is also bad.

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karl pearson's picture

Maybe the GOP establishment is trying to stop Trump at the convention next month, so it's really not early?

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edg's picture

I wonder if Hillary Clinton will be collateral damage since Bill was at these parties, too.

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karl pearson's picture

A link from the Alternet news article about Trump and Epstein discusses Bill Clinton. One never knows where this thing is headed.

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No Trump he is insane but Hillary is just as bad in her own way.

For me, Bernie if he is the nominee which is possible, otherwise Jill Stein

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Green is not on the ballot everywhere, and a vote for Trump is a double tap. Trump plus one and Hillary minus one = Hillary minus two. There isn't a doubt in my mind that Clinton is far worse than Trump.

Exclusive: Prominent GOP Neoconservative to Fundraise for Hillary Clinton

A prominent neoconservative intellectual and early promoter of the Iraq War is headlining an official campaign fundraiser for Hillary Clinton next month, Foreign Policy has learned. The move signals a shift in the Clinton campaign’s willingness to associate with prominent Republicans and is the latest sign of how far some GOP defectors are willing to go to block a Donald Trump presidency.

Robert Kagan, a senior fellow at the Brookings Institution and a co-founder of the Project for the New American Century, will speak at a Hillary for America fundraiser in Washington’s Logan Circle neighborhood on July 21. According to an invite obtained by FP, the “event will include an off-the-record conversation on America’s continued investment in NATO, key European allies and partners, and the EU.”
--snip--
On Wednesday, Clinton picked up the endorsement of Republican Brent Scowcroft, who served as a national security adviser to Presidents George H.W. Bush and Gerald Ford, and held formal or advisory positions in the administrations of former Presidents Richard Nixon and George W. Bush.

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"Religion is what keeps the poor from murdering the rich."--Napoleon

Older and Wiser Now's picture

Seems obvious now, but I hadn't thought of it that way before ... duh ...

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~OaWN

Amanda Matthews's picture

Victoria Nuland. How thoughtful.

From the article and it should rightfully scare the pants of everyone here, including those that think she's 'the lesser of two evils':

***
“I feel comfortable with her on foreign policy,” Kagan told the New York Times in 2014. “If she pursues a policy which we think she will pursue it’s something that might have been called neocon, but clearly her supporters are not going to call it that; they are going to call it something else.”

https://foreignpolicy.com/2016/06/23/exclusive-prominent-gop-neoconserva...

Tickets are cheap. Hahahaha! Can you imagine a mob of demonstrators at a neocon/conservative Shillary meet-up?

*
A ticket to the event at the Cambria hotel rooftop is $100. A VIP ticket, which includes access to a reception with the event’s speakers and hosts, costs $250. It costs $500 to earn the title of “host.”
*

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I'm tired of this back-slapping "Isn't humanity neat?" bullshit. We're a virus with shoes, okay? That's all we are. - Bill Hicks

Politics is the entertainment branch of industry. - Frank Zappa

What happens if Stein has a massive surge and a Trump/Clinton/Stein race ends up in the House? Do Trump-hating establishment Republicans give Clinton the WH? My suppressed accident-gawker would love to see this play out.

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riverlover's picture

parties, some people are well-trained about strategic voting. Most Americans are still stuck at binary. Higher math eludes them. With more than two parties it's possible to vote LOTE or GOTE on another party line and then defect. haha. NY does not allow party-switching anytime near primaries. We are herded through the shute.

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Hey! my dear friends or soon-to-be's, JtC could use the donations to keep this site functioning for those of us who can still see the life preserver or flotsam in the water.

karl pearson's picture

I'm wondering when Alan Greenspan will endorse Hillary Clinton. It's not difficult to see how the "ducks are getting lined up." Yesterday when discussing the Brexit vote, Greenspan told CNBC the following:

"There's a certain amount that monetary policy can do, but our problem is fundamentally fiscal," he said, adding that this is true in the United States as well as "every major country in Europe.

Part of the problem is that the "developed countries are all aging very rapidly," which is leading to a higher ratio of government spending in the form of entitlements, Greenspan said."

http://www.cnbc.com/2016/06/24/alan-greenspan-says-british-break-from-eu...

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Not all the money wasted on war and stashed in offshore accounts. How any Democrat can support the Clintons is beyond me. Tells me the only people left in the DP are DLC/Rockerfeller Republicans.

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"Religion is what keeps the poor from murdering the rich."--Napoleon

karl pearson's picture

I've asked myself the question you pose. More Democrats are waking up, so we don't know how many DLCer's are left. I was "born" a Democrat and just applied for Medicare, so I'm not young. I personally know many Democrats who will not vote for HRC, including myself. This will be the first time I have not voted for a Democrat for president. (I volunteered for the McGovern campaign (1972) and was a member of the Young Democrats in college.)

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Hillbilly Dem's picture

Hillary first. After Al's blessing, can the endorsement of Mrs. Andrea Mitchell Greenspan be far behind? Snark. Kinda sorta.

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"Just call me Hillbilly Dem(exit)."
-H/T to Wavey Davey

It interferes with their "fair" "journalism."

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Beware the bullshit factories.

karl pearson's picture

Comcast bought NBC and Mitchell works for NBC. I don't know how she feels about Hillary. I do know I haven't watched any NBC or MSNBC in a long time. General Electric used to own NBC. I'm so old, I can remember when NBC owned NBC and they had a nightly news program with Chet Huntley & David Brinkley, who actually reported the news. It was so different back then.

Here's the latest on Comcast.

http://www.bloomberg.com/news/articles/2016-06-21/comcast-s-nbc-says-jus...

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[video:https://www.youtube.com/watch?v=gfm_KlKtAT8]

Warning this is at the GOP convention. Was trying to find a newscast from the 1968 DNC convention or from the watergate times. Maybe youtube doesn't like videos showing real mainstream journalism.

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Beware the bullshit factories.

karl pearson's picture

Walter Cronkite was one of the "greats." Can you imagine what Edward R. Murrow would think of the news today? Just sad.

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Steven D's picture

are anything but

In 2013, President Obama, speaking at a fundraiser in Medina, Washington — home to a small community of wealthy donors — expressed a sentiment that has become all too common among Democratic Party liberals.

"I'm not a particularly ideological person," the president said in a reassuring nod to those made anxious by Republican hysteria suggesting that Obama, despite his calm exterior, is in fact a raving revolutionary. [...]

Though Clinton has attempted to position herself as a pragmatist, she has repeatedly demonstrated that her deep commitment to pragmatism is really a lack of commitment to progressive causes — a lack of commitment that applies to the Democratic Party, broadly.

The campaign of Bernie Sanders has laid bare this reality. As Matt Karp argues, "the Sanders campaign has offered a valuable reminder of how few professional Democrats are willing to fight for a social-democratic platform — and how many are eager to fight against it."

Sanders, by aggressively fighting for progressive causes, has pushed liberal hypocrisy out into the open.

Hillary Clinton has frequently touted her history of fighting for universal healthcare. But when confronted by a candidate who brings an ambitious proposal to the national stage — a proposal supported by most Americans — Clinton turns her back, insisting that it will "never, ever come to pass."

Barney Frank has long been an outspoken opponent of America's corrupt campaign finance system. Today, he equates criticism of Hillary Clinton's fundraising with McCarthyism.

Their ideology is a mix of neoliberalism and whatever it takes to keep those big donors contributing to their campaigns.

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"You can't just leave those who created the problem in charge of the solution."---Tyree Scott

snoopydawg's picture

About how bad single payer would be for this country because it costs more to administer and that the multi player insurance/health care bill if far better for us.
My reply was this website has really jumped the shark if people think that single payer would be worse than people seeing their deductibles going up by 55%.
This was in Lefty Coaster's diary on the TPP and the comments in there were just as dumb.
One person said that no one should be criticizing Obama who is the leader of our party and our country just because he wants to pass the treasonous trade bills.

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There were problems with running a campaign of Joy while committing a genocide? Who could have guessed?

Harris is unburdened of speaking going forward.

TheLeftistheCenter's picture

I mean there is no evidence a single payer system would cost more and given we are the most expensive natio and the one farthest from such a system, all logic would dictate us move towards one would lower costs.

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costs because Obama didn't want a cost containment mechanism that might take money from Big Pharma and Big Insurance.

Administrative costs in 2014 went up 14% - higher than anything else except for medicine.

Private insurance companies charge 8X more for administration than does Medicare.

Single payer, the Canadian system, or socialized medicine, the UK system, are much more efficient at delivering health care than the ACA and have excellent health outcomes for the citizens.

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"The justness of individual land right is not justifiable to those to whom the land by right of first claim collectively belonged"

Amanda Matthews's picture

decided to read for a while (I am not allowed to post, just sign petitions and donate and can still sign in - ha ha). Those people hae lost their freaking minds. They're back to being as shrill and nasty as when I criticized Hopey-Changey™over the healthcare coverage 'talks'. It wasn't because I disagreed with the guy (and was right, it was/is shit legislature), it was because I was a RACIST!!!!!!!!!!!!

Now everybody's a dirty rotten SEXIST!!!!!!!!!!!!

The place is a squirrel cage.

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I'm tired of this back-slapping "Isn't humanity neat?" bullshit. We're a virus with shoes, okay? That's all we are. - Bill Hicks

Politics is the entertainment branch of industry. - Frank Zappa

karl pearson's picture

Lately, the ideology looks negative for the little guy, who used to be represented by the Democratic party. Social security COLAs the last 8 years average 1.1%. The link below shows COLAs since 1975, when they became automatic, rather than set by legislation. The only 0% automatic COLAs have occurred since 2009. What's that say?

2009 0.0
2010 0.0
2011 3.6
2012 1.7
2013 1.5
2014 1.7
2015 0.0
2016 0.2

https://www.ssa.gov/oact/cola/colaseries.html

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Hawkfish's picture

For those of you who don't live here. Richest neighborhood in the state. They tend to throw hissy fits if a public works project comes too close.

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We can’t save the world by playing by the rules, because the rules have to be changed.
- Greta Thunberg

TheLeftistheCenter's picture

As the repubs align with Hillary and shun Trump the more I see him as less terrible

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"We, Big Capital, have absolutely nothing in common with you proles of the 99% and what little you still have, we're going to take"

Hillary Clinton is one their side, not ours, and for Paulson to endorse her on this issue of vital economic importance to the majority shows how far affairs have gotten out of balance. Congress, the Courts, and the WH are lined up with the Austarians and against the ordinary citizens. If we can't recognize that, especially in its blatancy, then there's little hope.

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"The justness of individual land right is not justifiable to those to whom the land by right of first claim collectively belonged"

jwa13's picture

to the repug establishment, certainly to the lame-stream media; but has considerable appeal to a certain percentage of the voting population. There is no telling what he might do while in office.

OTOH, the $hill is entirely predictable, based on her well-documented (although recently obscured) decades-long history of violence, lies, and corruption. We know EXACTLY what will happen when/if she attains the Oval Office -- and it ain't gonna be pretty.

Choose --

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When Cicero had finished speaking, the people said “How well he spoke”.
When Demosthenes had finished speaking, the people said “Let us march”.

Raggedy Ann's picture

about future cuts to our paid-in benefits plans. Not surprising hrc is attracting this kind of support. We knew she was one of them. This is another nail solidifying that coffin.

edited for yet another set of typos.

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"The “jumpers” reminded us that one day we will all face only one choice and that is how we will die, not how we will live." Chris Hedges on 9/11

It's almost as if the elite are trying to troll us.

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riverlover's picture

They (PTB) think the bull has a ring through its nose. They are way too obvious now. In many of us there was never a ring there, and for others tat shops can remove them.

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Hey! my dear friends or soon-to-be's, JtC could use the donations to keep this site functioning for those of us who can still see the life preserver or flotsam in the water.

lunachickie's picture

Holy shit! One of those two assholes really has an actual emoting heart in that earthly vessel of theirs, somewhere. Let's see if we can guess which asshole I'm talking about?

Wow. Just wow.

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Thaumlord-Exelbirth's picture

was an article attacking Trump for having the idea that the civil rights act should be expanded to include transgender people. I can't remember the group, but it was definitely a right wing one. No idea if he actually thinks that, but if it was something he said before the presidential campaign trail, then he may actually truly think that. If not, then like everything else he says, remain skeptical.

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karl pearson's picture

Trump has said several times he doesn't want to cut Social Security and Medicare. He sees it from a business perspective. Trump says we should negotiate on drug prices because we are getting ripped off by big Pharma. I'm not saying Lakoff is correct, but he provides an interesting explanation about Trump's liberal stances on some issues. Here is a snip from an article by George Lakoff, whose academic advisor was Noam Chomsky:

"Trump is a pragmatic conservative, par excellence. And he knows that there are a lot of Republican voters who are like him in their pragmatism. There is a reason that he likes Planned Parenthood. There are plenty of young, unmarried (or even married) pragmatic conservatives, who may need what Planned Parenthood has to offer — cheaply and confidentially.

Similarly, young or middle-aged pragmatic conservatives want to maximize their own wealth. They don’t want to be saddled with the financial burden of caring for their parents. Social Security and Medicare relieve them of most of those responsibilities. That is why Trump wants to keep Social Security and Medicare."

http://evonomics.com/no-one-knows-why-trump-is-winning/

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Outsourcing Is Treason's picture

"Won't promise to" != "won't"

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"Please clap." -- Jeb Bush

lunachickie's picture

by God, we'll need to be entertained in the interim. Imagine the fireworks of a President Donald Trump, telling Hank Paulson to go fuck himself. In front of the press.

Because he ain't signing any bills that'll be kickin' Grandma off Social Security.

Oh, I'm sure he could be brought to heel over that, eventually--don't get me wrong, I'm a realist, too. But amid the despair, we'll need all the "break out the popcorn" moments we can muster up.

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won't mean much but I'll say it. Hank Paulson, GO FUCK YOURSELF! If you and your cronies would start paying your fair share of taxes a whole lot of ills in this country could be remedied. Oh and the MIC and the war thing? That's the major reason our fucking debt is going out the roof you overprivileged asshole.
On to the donald. I really believe he wouldn't let Social Security be cut. If he did he would lose a tremendous amount of revenue at his casinos when all us gray heads quit playing the slots because our meds and food come first...

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Hillbilly Dem's picture

Once a Goldwater girl, always a Goldwater girl. Hillary will get things done alright. She'll compromise with the Rethugs alright. And the big time monied interests are laughing up their sleeves. She'll throw a crumb or two to the Left, but only a couple and only in symbolic matters, matters that won't impact the bank accounts of our betters.

I try to refrain from wishing bad things on anybody. Anybody. But I find myself hoping that FBI Director Comey lowers the boom and A.G. Lynch indicts. I have doubts about Lynch indicting if Comey recommends it. OTOH, if Eric Holder was still A.G., Hillary would have yet another firewall. So there is that.

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"Just call me Hillbilly Dem(exit)."
-H/T to Wavey Davey

How about we charge that mother f'er Paulson and his buddy Clinton with stealing America blind and begin by clawing back everything they both have

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Oldest Son Of A Sailor's picture

How many chances do they think they will be given for peaceful change?

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"Do you realize the responsibility I carry?
I'm the only person standing between Richard Nixon and the White House."

~John F. Kennedy~
Economic: -9.13, Social: -7.28,

Seems everyone is using this phrase this year...I think I just stumbled on to what Hillary's real slogan has been - - I'm Winning Cuz Basic Math.

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lunachickie's picture

winning thus far in her dreams.

She'll be lucky to see reality come close, unless she and her grifting husband are truly that powerful. And if she is, we're all screwed, so you better hope she's not.

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riverlover's picture

H is a Disney princess (one white, not tan). Magic wands are everywhere, plus good fairies! As long as they don't want to get married...

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Hey! my dear friends or soon-to-be's, JtC could use the donations to keep this site functioning for those of us who can still see the life preserver or flotsam in the water.

Hawkfish's picture

I find these claims hilarious. There is plenty of money/labour/resources for all the stuff a decent society could want. It's just controlled by a bunch of greedy psychopaths.

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We can’t save the world by playing by the rules, because the rules have to be changed.
- Greta Thunberg

ZimInSeattle's picture

In the meantime, damn you God for creating the two party system:

Don’t bite, Bernie supporters! Don’t cave into the theology of the “lesser evil.” That’s the devil talking. Just say no!

Why God Created the Two-Party System

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"Those who make peaceful revolution impossible will make violent revolution inevitable." - JFK | "The more I see of the moneyed peoples, the more I understand the guillotine." - G. B. Shaw Bernie/Tulsi 2020

ZimInSeattle's picture

Sadly, there is no ‘lesser’ evil in the current contest. Mrs. Clinton and Mr. Trump are equally repulsive, in some similar and some very different ways. Voting for a third-party candidate in large numbers this year will be the beginning of the end of the perpetuation of the one-party-with-two-names political system under which the U.S. currently suffers.

Hillary, Gloria and Jill: a Brief Look at Alternatives

One party with two wings, the Corporate Party of America. No insult intended to CPA's.

#JillNotHill

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"Those who make peaceful revolution impossible will make violent revolution inevitable." - JFK | "The more I see of the moneyed peoples, the more I understand the guillotine." - G. B. Shaw Bernie/Tulsi 2020

boriscleto's picture

And gut Social Security. Bill couldn't keep his dick out of Monica's mouth and that fucked everything up...

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" In the beginning, the universe was created. This has made a lot of people very angry, and is generally considered to have been a bad move. -- Douglas Adams, The Hitch Hiker's Guide to the Galaxy "

wants that Social Security Trust Fund and would support anybody who promises to deliver it to them.
Monica gave us 16, maybe 18 years to put up a fight, and we just fought like wimps.

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"We'll know our disinformation program is complete when everything the American public believes is false." ---- William Casey, CIA Director, 1981

lunachickie's picture

Boy if I'd only realized it then...

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Bob In Portland's picture

You'd think that even the monochrome set running H. Clinton's campaign would realize how bad this endorsement by Paulson sounds. Why, it's as bad as an endorsement from Kissinger.

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and George Will has left the Republican party, will vote for Hillary.
George fucking Will.

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"We'll know our disinformation program is complete when everything the American public believes is false." ---- William Casey, CIA Director, 1981

Hillbilly Dem's picture

I wonder, would George Will have stayed if the GOP nominee would have been the other monster in their primary, Ted Cruz? He probably would have stayed. Because Cruz may be an insufferable piece of shite, but he'll still play ball with the Villagers. Will isn't leaving the Village, only the GOP. His "Wexit" from the Republican party will be will only be temporary anyway.

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"Just call me Hillbilly Dem(exit)."
-H/T to Wavey Davey

lunachickie's picture

I was not drinking anything when I read this:

His "Wexit" from the Republican party will be will only be temporary anyway.

Because I would need a new keyboard. One other bit of fallout I see here is the whole new language thing coming down the pike. We've gotta have some fun...

Mail 1

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Hawkfish's picture

(Doonesbury, July 7, 1986)

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We can’t save the world by playing by the rules, because the rules have to be changed.
- Greta Thunberg