I think it's great that a Jew from
Brooklyn who moved to Vermont and calls himself a democratic
socialist is seriously being considered for President. It's great,
seriously. I like and admire Bernie. I think the only problem is
that a Jew from Brooklyn who moved to Vermont and who calls himself a
democratic socialist can never be elected President. Ain't gonna
happen. Hillary might get elected, but Bernie won't.
Hillary has some strengths, but there
is a conflict when it comes to the banks. To my mind, Bernie's
attacks on the big banks are entirely merited. No need to rehash the
issues, but a very entertaining way to see what the banks are like is
to see The Big Short, which I really liked. Den of evil, really. I
liked the way Jamie Diamond's picture was flashed at the end with no
mention of who or what, just the scent of evil.
Bernie gets this. But Hillary, to all
intents and purposes, it seems, does not. He says the banks need to
be broken up, she says no, it's more important to go after AIG and
other bank-like institutions, hiding and showing off her
sophistication in an obfuscation. She is really very lukewarm about
it all, and we know that she and Bill have always been cozy with the
big banks. Robert Rubin was Bill's pal, the awful Robert Rubin.
So, do I just hold my nose and vote for
Hillary (in the general; in the primary, I could still go for
Bernie)? Or, do I hope and rationalize?
I have made a decision. I'm going to
bravely hope and rationalize. Here's what I'm thinking.
The greatest modern liberator, the
greatest effector of civil rights, was Lyndon Baines Johnson, a man
of the South. His friends were the Southerners in Congress, Richard
Russell most of all, but Harry Byrd also. His sponsors were Jim Crow
people through and through. But LBJ had been poor and discriminated
against, embarrassed and reviled in his little town in Texas when his
father failed in business. He identified with the poor minorities
who were discriminated against. Then, when LBJ ascended, he used his
power and acumen to do what that little boy had wanted to do, he
righted the wrongs, as no one could have predicted he would. LBJ
rose with the Southerners and then turned on them, to his everlasting
credit.
Now, I want to imagine, what went on in
December of 2014 when Hillary met secretly with Elizabeth Warren?
People were talking about Warren for President then, although she
obviously was wise enough not to want to do it. Still, Hillary
wanted to tidily nail down another corner of her tent, so she met
with Warren. What went down?
Here's where my rationalization comes
in. I think she addressed Warren's viewpoint, which when it comes to
the banks is pretty much the same as Bernie's. I think Hillary said
that she thoroughly understood Warren's concerns, and she shared
them. They were really on the same side. But, said Hillary, it's
not so simple. I don't know what all the complications are, but
there are many and they are severe, and a lot of them involve money
and power that the banks have in abundance. It's not just a question
of “Let's reinstitute Glass-Steagall,” I bet. There is a lot
that has to be done, a lot of maneuvering, just as when Johnson got
the Civil Rights Act and the Voting Right Act passed. And, in
addition, before you do anything, you have to get elected.
So, I'm dreaming that Hillary said,
“Elizabeth, I know exactly what you're saying, and I'm in your
corner. But first I have to get elected, and to get elected I can't
show all my cards. And then when I am elected, even then I can't
show all my cards. I have to maneuver. But I want you to know, what
you want is what I want.
“You can do what you want between now
and then. I know you can't be totally and overtly supportive, and
actually I don't want you to be. That would probably hurt me. You
can support me subtly, until the end when we might need to pull out
all the stops. But I want you to know that when and if I get in, I
intend to pull an LBJ. It's only right; it would be the best thing
to do for the country.”
So, given the state of the Republican
Party, I'm going to support Hillary no matter what happens. But
meanwhile, I'm rationalizing enough to feel really good about it.
Budd Shenkin
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