Too Big to Jail?

The new black?

During the turbulent years of forced busing in Boston, politician, Louise Day Hicks coined the innocuous-sounding tag line, "You know where I stand". But to anyone with more than a passing interest in those troubled times would know, these five words spoke volumes.

Yesterday, in a N Y Times editorial, presidential candidate, Hillary Clinton, made her case for turbo-charging the government's efforts at "Reining in Wall Street"


In her own words:

"As president, I would not only veto any legislation that would weaken financial reform, but I would also fight for tough new rules, stronger enforcement and more accountability that go well beyond Dodd-Frank."

In other words, should Hillary adopt Mrs. Hicks' hash tag, we would surely know where she stands, and that is, of course, athwart the U. S. financial system flogging the progressive goal of more and more government regulation and control.

IHOW, cont.

"I would appoint tough, independent regulators and ensure that both the Securities and Exchange Commission and the Commodity Futures Trading Commission are independently funded — as other critical regulators are now — so that they can do their jobs without political interference."

So let's see if we have this straight:  we expand the growth of independent federal agencies under little or no control, fiscal, or otherwise, from Congress or the Executive Branch, creating and enforcing their own policies, rules and regulations as they go along. That's the ticket?


Yada yada yada:

"Finally, executives need to be held more accountable. No one should be too big to jail."

And how about those tough independent regulators. We are all waiting to see how the investigation into Hillary's mishandling of her emails while Secretary of State will plays out when those tough independent regulators at the Dept. of Justice finally decide what legal remedies are appropriate. General Petraeus, take note.

As they say on those TV commercials, wait, there's more:
      

  "And we need to reform stock market rules to ensure equal access to information,       increase transparency and minimize conflicts of interest (emphasis added)."

For your bed time  reading, we recommend Peter Schweitzer's book, Clinton Cash, The untold story of how and why foreign governments and businesses helped make Bill and Hillary rich, as described on Amazon.com

"In 2000, Bill and Hillary Clinton owed millions of dollars in legal debt. Since then, they’ve earned over $130 million. Where did the money come from? Most people assume that the Clintons amassed their wealth through lucrative book deals and high-six figure fees for speaking gigs.

 Now, Peter Schweizer shows who is really behind those enormous payments. His book follows the Clinton money trail, revealing the connection between their personal fortune, their “close personal friends,” the Clinton Foundation, foreign nations, and some of the highest ranks of government.

Schweizer reveals the Clinton’s troubling dealings in Kazakhstan, Colombia, Haiti, and other places at the “wild west” fringe of the global economy. Schweizer merely presents the troubling facts he’s uncovered. Meticulously researched and scrupulously sourced, filled with headline-making revelations, Clinton Cash raises serious questions of judgment, of possible indebtedness to an array of foreign interests, and ultimately, of fitness for high public office."

And we thought  "Bimbo eruption control, cattle futures and turning the Lincoln bedroom into an upscale Holiday Inn, were troubling. Hillary for president?  To quote Nancy Pelosi in a different context, "Are you serious"?