Clinton’s Defense of Big Money Won’t Cut It
(COMMON DREAMS) Robert Borosage, April 26, 2016 — Hillary Clinton’s heated defense of the money she has raised from Wall Street and other interests won’t cut it. Her protests contradict the basic case that virtually all Democrats and reformers have made for getting big money out of politics. It is vital that voters not be misled by them.
Normally, liberal politicians defend setting up super PACs, and collecting large sums from big donors, because while they pledge to curb the influence of the rich and corporations in our politics if elected, they can’t “unilaterally disarm.” Clinton repeats this argument, but it has less force against Bernie Sanders who not only has made the corrosive effect of big money contributions central to his campaign, but has demonstrated that it is possible to be competitive without setting up super PACs and without asking billionaires and millionaires for money. By funding his campaign with small donations raised online, Sanders has not only walked his talk, he’s stripped away the easy defense of “they all do it.”
In response, Clinton has put forth additional, but troublesome, arguments. She dismisses Sanders’ indictment of her funding ties as an unjustified attack on her character. She demands evidence of a specific vote or act that was done in return for a contribution. And she invokes the Obama defense: President Obama collected big bucks from Wall Street and yet went on to pass the most extensive banking reforms since the Great Depression.