Leaked Deutsche Bank Speech Shows Clinton Asking Wall Street To Police Itself, Supporting US Pivot To Asia

Clinton’s October 2014 speech to Deutsche Bank was leaked as part of WikiLeaks’ archive of John Podesta’s Gmail account, revealing more of the nominee’s agenda for the financial sector and global affairs.
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    MINNEAPOLIS — With just days to go before the election, a two-year-old speech to a prominent global bank provides new insight into Democratic nominee Hillary Clinton’s possible agenda if she takes control of the White House.

    Clinton delivered the speech on Oct. 7, 2014 to Deutsche Bank in New York, but the content of that speech and an ensuing Q&A session wasn’t made public until WikiLeaks released it as part of the organization’s ongoing publication of emails and files taken from the private Gmail account of John Podesta, Clinton’s campaign chair.


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    Clinton has faced pressure to release her speeches to banking executives throughout her presidential campaign, and particularly while vying for the Democratic nomination against Bernie Sanders, the Vermont senator who made campaign finance reform a central plank in his presidential platform.

    In her speech, Clinton acknowledged the pressures facing Wall Street in the wake of the 2008 financial crisis. She referenced the legacy of President Theodore Roosevelt in calling for moderate economic reforms:

    “Remember what Teddy Roosevelt did. Yes, he took on what he saw as the excesses in the economy, but he also stood against the excesses in politics. He didn’t want to unleash a lot of nationalist, populistic reaction. He wanted to try to figure out how to get back into that balance that has served America so well over our entire nationhood.”

    Roosevelt was known as a “trust buster” who was responsible for breaking up massive corporations, and he was outspoken about his wariness of big banks and wealthy business executives.

    Clinton also acknowledged “that many Americans feel frustrated, some even angry,” about the economic downturn, adding: “And a lot of that anger has been directed at the financial industry.”

    While recognizing the need for reforms, Clinton also seemed to suggest that the financial sector might be allowed to police itself:

    “Today, there’s more that can and should be done that really has to come from the industry itself, and how we can strengthen our economy, create more jobs at a time where that’s increasingly challenging, to get back to Teddy Roosevelt’s square deal. And I really believe that our country and all of you are up to that job.”

    According to one analysis of the speech and related emails, this attempt to acknowledge critics of the banking industry could have been intended as a way to placate Clinton’s critics in the event of the eventual release of the speeches.

    “In an email on November 20, 2015 Clinton speechwriter Dan Schwerin explicitly noted how he left an ‘easter egg’ in the DB speech precisely in case the world came knocking and asking for Hillary’s speeches,” wrote an anonymous contributor at Zero Hedge using the name “Tyler Durden,” a shared pseudonym adopted by many writers at the site, in an analysis of the speech published on Wednesday.

    In the 2015 email, Schwerin wrote:

    “I wrote her a long riff about economic fairness and how the financial industry has lost its way, precisely for the purpose of having something we could show people if ever asked what she was saying behind closed doors for two years to all those fat cats. It’s definitely not as tough or pointed as we would write it now, but it’s much more than most people would assume she was saying in paid speeches. … Perhaps at some point there will be value in sharing this with a reporter and getting a story written.”

    Ultimately, “Tyler Durden” noted, the Clinton campaign opted not to release the speeches.

    Elsewhere in the Deutsche Bank speech, Clinton acknowledged the crucial role big banks will play in Washington’s strategic pivot to Asia. She said:

    “Will we have the discipline and dexterity to follow through on our pivot to Asia where so much of the history of the 21st century will be written, while managing new and old crises in the Middle East and Europe?

    Can we get our relationship with China right, navigating between the twin shoals of excessive accommodation and the potential for dangerous conflict?

    Will our traditional allies in Europe and East Asia step up and share the responsibilities of upholding a global order under pressure from so many fronts?”

    The focus on Asia, started under the Obama administration and likely to continue under Clinton, if her speech is any indication, involves encircling China with economic and military allies as a way to undercut China’s growing global influence. However, some historic allies like the Philippines have begun to push back against U.S. influence in the region.

    Many analysts see the Trans-Pacific Partnership, a controversial trade deal, as a key element to the U.S. pivot to Asia. While initially supportive of the deal, Clinton now promises to oppose the TPP as president after facing intense pressure from Sanders and activists opposed to the deal.

    Watch “How The US Empire Is Using TPP As Its Pivot To Asia To Counter China” from MintPress News’ “Behind the Headline”:

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        • James Wherry

          What a bunch of crap from the biggest crap on this website. IF she was still a “Goldwater Girl,” her goal would be to “Get American boys out of Asia and let Asian boys do what Asian boys are supposed to do.”

          • tapatio

            For those, like Wherry, who are too stupid to learn what Barry Goldwater was about. He was an advocate of American Imperialism in its ugliest form – LIKE HELLARY. He wanted a direct nuclear confrontation with Russia. Goldwater also wanted to use nuclear weapons in Vietnam. The commercial, “In your heart, you know he MIGHT” destroyed his candidacy.

            https://www.youtube.com/watch?v=9Id_r6pNsus

            • James Wherry

              LEAVE IT TO “TAPATIO” TO QUOTE THE MASTERMIND POLITICIAN WHO GAVE US THE VIETNAM WAR – LYNDON BAINES JOHNSON – FOR HIS LIES.

              IT TAKES A CREEP LIKE THIS 70-YEAR OLD, FILTHY PIECE OF NAZ! TRASH TO LIE AND PRETEND THAT HE SERVED IN AN AMERICAN UNIFORM, THEN THAT HE WAS IN AN ORGANIZATIONED CALLED “VIETNAM VETERANS AGAINST WAR” TO CHEER FOR LYNDON JOHNSON AND QUOTE HIS LIES – ALL THE WHILE SUPPORTING WAR ON ISRAEL. HERE’S MORE OF WHAT “TAPATIO” CLAIMS. https://uploads.disquscdn.com/images/9f6d7ba19626aa209334037641addd8dde11a178f946f1b5c8df613be8d469c5.jpg

              • tapatio

                Good-ole-bubba, Lyndon Johnson – a “mastermind” politician? YOU ARE F’ing HILARIOUS, Wherry. LBJ got on the ticket with Kennedy for ONE reason – HE WAS A TEXASS “BUBBA” WHO COULD DELIVER TEXASS.

                And, I’m NOT 70……..I’m 69, a Green Party member, a member of Greenpeace, Vietnam Veterans Against the War and a variety of other organizations that you would call “hippie”.

                In case nobody has noticed, the JEWISH Rothschild-Bilderberg Predatory Capitalist Cartel invented Zionism and Bolshevism and created the PERFECT CONDITIONS for the Naz! flavor of fascism all between 1885 and 1920.

                “Communism”
                Karl Marx…….third cousin to the reigning head of the Rothschild banking family. The VAST majority of Bolshevik/Communist “revolutionaries” were WESTERN European JEWS.

                “Zionism”
                A messianic cult within Judaism created by the “Pittsburgh Conference” of 1885, sponsored and wholly funded by the JEWISH Rothschild family – until that burden was turned over to the American Taxpayer after the formation of the Zionist state. The DISEASE of Zionism now infects between 65 and 85% of the world’s Jews.

                “Naz!sm”
                The PERFECT conditions for the rise of Hitler were created in Germany, when the Rothschild bankers took control of the conditions of the Treaty of Versailles and were able to completely rape the German economy of the ensuing decade – to the point where starved Germans were collected in trucks/wagons like plague victims had been 500 years before. The “Weimar Republic” was a PUPPET of the Rothschilds. ANYone who promised an end to the suffering could have become head of state in Germany at that time.

      • James Wherry

        Wall Street should police itself. Since it doesn’t, we have law enforcement to include the SEC, FBI, DOJ and all of those fine State Attorney Generals. . . .

        I also support the “Pivot to Asia.” The question is whether it should be military cooperation or confrontation. Philippines President Duterte has chosen cooperation with China, so let’s see how that works out. I hope it will, because the LESS involvement we can have, the smaller our government will be and the lower our taxes for being “Team America: World Police.”

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        • Lelouch

          Looking into the future, the problem with Wall Street policing itself is that is how you get corruption. It becomes a “free for all if you can get it” sort of thing. It’s like why having the most power in one person isn’t a good idea – who can stop them when they abuse their power?
          Personally, I think a lot of corruption and greed, along with poorly implemented practices (like, botched jobs with bandaids on top of bandaids) cause a significant loss of taxpayer money, and even help feed (as in, make it bigger) the government debt.

          • James Wherry

            I agree with everything that you wrote. I did not vote for Donald Trump, but I am going to watch with great interest to see whether or not he actually goes after some of the robber barons on Wall Street. The current administration has most definitely not done so.

            I serve as a volunteer representative of the military on the consumer finance protection bureau Military committee. They spend a lot of time trying to stop consumer fraud and the people who pray on our service members and the elderly. I will be very angry if those efforts are guided by the new administration.

      • Oct 1, 2016 China’s Yuan / RMB Joins Elite Global Reserve Currency Club

        Currency’s entry into IMF basket a milestone in long march to international acceptance Renminbi joins U.S. dollar, euro, yen, and British pound in SDR basket Change represents important milestone for IMF, SDR, and China Move recognizes and reinforces China’s continuing reform progress.

        https://youtu.be/rflIS_J6WRw

      • Since all wars are bankers wars that makes perfect sense. July 7th, 2016 US planners prepare air war on China

        A report published this month by the US-based Mitchell Institute has provided details of US Air Force (USAF) plans to use sophisticated “fifth generation” stealth aircraft in combat operations in an all-out war with China. These preparations are part of a far broader US military build-up throughout the Indo-Pacific.

        http://www.wsws.org/en/articles/2016/07/07/usch-j07.html

        • James Wherry

          The United States military is always and forever war gaming likely military scenarios. We hold war games with South Korea, Japan and now even Vietnam, it appears.

          Why did you think this was news?

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