Excerpts of Hillary Clinton’s
remarks during paid speeches to Goldman Sachs, Deutsche Bank, Morgan Stanley,
and other groups were leaked
online Friday afternoon by WikiLeaks. Clinton, who was paid upwards of
$225,000 per speech, earned more than $22
million on the paid speaking circuit after resigning as secretary of state.
The excerpts are revealed in an
email from Tony Carrk, the research director of the Clinton campaign, to
John Podesta, the campaign chairman, and other top campaign officials.
Carrk, who did not respond to a request for comment, highlighted in the memo the
most politically damaging quotes from each paid speech, under
headers including “CLINTON ADMITS SHE IS OUT OF TOUCH,” “CLINTON SAYS YOU
NEED TO HAVE A PRIVATE AND PUBLIC POSITION ON POLICY,” and “CLINTON REMARKS ARE
PRO KEYSTONE AND PRO TRADE.”
The wealth Clinton accumulated
was a topic at the paid events.
Discussing middle class
economic anxieties, Clinton told a crowd at a Goldman Sachs-sponsored speech
that she is now “kind of far removed because the life I’ve lived and the
economic, you know, fortunes that my husband and I now enjoy, but I haven’t
forgotten it.”
But the discussions were also
an opportunity for Clinton to speak candidly about policy, politics, and her
approach to governing.
Touching on her view of developing
financial regulations, Clinton declared to a crowd of Goldman Sachs bankers
that in order to “figure out what works,” the “people that know the industry
better than anybody are the people who work in the industry.”
At the Goldman Sachs Builders
and Innovators Summit, Clinton responded to a question from chief executive
Lloyd Blankfein, who quipped that you “go to Washington” to “make a small
fortune.” Clinton agreed with the comment and complained about ethics rules
that require officials to divest from certain assets before entering
government. “There is such a bias against people who have led successful and/or
complicated lives,” Clinton said. [Steven Soderbergh & George Clooney &
Channing Tatum. Martin Scorsese & Kent Jones. Bill Maher & Jay Leno.]
At a speech for Morgan Stanley
on April 18, 2013, Clinton praised the Simpson-Bowles deficit reduction plan —
which would reduce corporate tax rates while raising the Social Security age.
“But Simpson-Bowles — and I know you heard from Erskine earlier today — put
forth the right framework. Namely, we have to restrain spending, we have to
have adequate revenues, and we have to incentivize growth. It’s a three-part
formula,” she said.
Clinton
also told a housing trade group in 2013 that on certain issues, she has “a
public and a private position.” “If everybody’s watching, you know, all of the
back room discussions and the deals, you know, then people get a little
nervous, to say the least,” said Clinton. “So, you need both a public and a
private position.”
The Intercept was the first
media outlet to ask Clinton directly if she would release the transcripts of
her paid speeches to Goldman Sachs. When approached at an event in Manchester,
New Hampshire, Clinton laughed
off the question.
The issue was raised
again during the Democratic primary debates and in other media events. In
February of this year, the New York Times editorial board called
for Clinton to release her speech transcripts, declaring that voters “have
every right to know what Mrs. Clinton told these groups.”
According to reports, the
campaign reviewed the speech transcripts but decided against releasing them out
of fear that she would appear too friendly to banks and other donor interest
groups.
But there are signs in the
emails released by WikiLeaks that she also took a fairly progressive stance on
certain topics, including health care reform.
During a talk in Grand Rapids,
Michigan, in 2013, Clinton praised the single-payer model for health care
reform. “If you look at the single-payer systems, like Scandinavia, Canada, and
elsewhere, they can get costs down because, you know, although their care,
according to statistics, overall is as good or better on primary care,” she
said, adding that there were some drawbacks. “They do impose things like
waiting times, you know.”
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