the picture is that it gets investigated and cleared or blocked. what do you think yellen’s impropriety involves? without more evidence, it’s just a scandalous headline. is there anything more than getting paid to speak before she was a nominee?
JFC, I don’t think Goldman Sachs is under investigation and paid Yellen $1 million or whatever to sweep it under the rug when she gets in power.
What she did do is get close and personal with them, talked about their families, exchanged phone numbers, etc.
So if GS does ever have any problems with Yellen’s office in the future, she will be inclined to take their phone call, give them the benefit of the doubt, tell her people to take a meeting with their lobbyists if they have a problem with a proposed regulation, etc.
You know, stuff that helps entrench their power and that 99.999% of people can’t do.
Lol people thinking this isn’t corrupt. Come the fuck on. This shit is just another reason why I will never vote for a demE candidate in any election ever again.
It’s the American dream! Everyone who is anyone uses their positions in the public service to make ungodly amounts of money shitting on their own service immediately after retirement. AND IT’S WIDELY ACCEPTED AS LONG AS THEY DECLARE INCOME (AND PAY HILARIOUSLY SMALL AMOUNTS OF TAX ON IT).
And lol she could just sit on those millions for the rest of her life and never have to hear about it once, but she has to pop back into public service because reasons
this exact thing is contingent on the IG office looking the other way as well as a few other departments. Treasury investigations cannot hide be hidden by a phone call. quite frankly it requires a much larger loyalist presence everywhere like trmp has been trying to install.
Apples and oranges. Now, you’re going to excoriate me because you do not appreciate facts and nuance. I don’t care. One is not capped. One is. One is from corporations, one is from individuals. $7.2m can buy real influence. $2800 cannot.
To be clear, if it comes out that Pete took $1m for speaking to, I dunno, American Airlines or some giant trucking company or something transportation-related, I will consider that bad, as well.
You are just being dense now. Yellen doesn’t make an investigation go away, she does something like give her view that what they did was an accident rather than intentionally malfeasance and her opinion is persuasive, but not binding, to her subordinates handling the case. End result is GS paying a $1 billion dollar fine instead of $10 billion or whatever.
And here we are, with financial institutions emerging from Obama’s administration larger and more powerful than ever after causing a global financial meltdown.
Well, I suppose it’s a good thing that the 2800 individual limit is the only way to support a campaign or buy influence and there’s no mechanism in this country for unlimited dark money contributions
A) Yes, sexism exists, in politics and elsewhere.
B) Yes, it is bad that Yellen has received 6 figures for a single speaking engagement with major banks and hedge funds and is now the pick to be Secretary of the Treasury.
Does anyone disagree with either or both of these?