Quotulatiousness

December 15, 2013

Wall Street’s dream matchup in 2016 – Christie vs Clinton

Filed under: Business, Politics, USA — Tags: , , , , — Nicholas @ 10:27

Sheldon Richman says the big money folks on Wall Street know who they’d like to see at the top of the tickets for the 2016 presidential election, and they might just get their way:

If you share my belief that the major obstacle to the free society is the national-security/corporate state, 2016 is shaping up to be a year of apprehension. The Wall Streeters, who are among the biggest advocates of partnership between big government and big business, are looking forward to a presidential contest between Hillary Clinton and Chris Christie, a contest the bankers can’t lose.

They have already discounted any populist rhetoric Clinton may need to fight off a primary challenge from, say, Sen. Elizabeth Warren. As “one well-placed Democrat” told Politico, “Wall Street folks are so happy about [having Clinton run] that they won’t care what she says.”

[…]

In Clinton, then, we have a friend of the bankers and a friend of the military-industrial complex, since as secretary of state she was an advocate of a muscular foreign policy, including intervention in Libya. (When she was in the Senate she voted to give George W. Bush a blank check to invade Iraq, and when she was first lady, she pushed Bill Clinton to drop bombs on the Balkans).

“And if the banking class is delighted with Clinton lately,” Politico notes, “the feeling appears mutual.”

Wall Street’s first choice on the GOP side is apparently Chris Christie, the governor of New Jersey. He had his own meeting with the big-money crowd in July 2011. Politico calls him “the candidate with the best chances at winning the support of bankers in the next presidential election.”

At that 2011 meeting: “Henry Kissinger [!], the former secretary of state, stood and pleaded with the governor to enter the presidential race for the good of his country. Christie would, of course, resist their pleas, becoming perhaps even more alluring to those on Wall Street as a prospect for 2016.”

QotD: Choosing a capital city, Australian style

Filed under: Australia, History, Humour, Politics, Quotations — Nicholas @ 09:22

Australia […] set up a special city just for the national capital. Keep them all in one place, it avoids spreading the contamination.

Partly that’s due to our settlement pattern. Mostly, each state capital is the oldest city in that state, the first point of European settlement. It’s also the largest city in the state (and, to be horribly honest, most other ‘cities’ in each state are really ‘regional centres’, the state capital is pretty much the only show in town.)

So when the states federated to form a nation, there was of course a fight to host the capital. Sydney was the obvious one — the oldest and largest city. Melbourne wanted it because it’s like that irritating little sister who always wants what her big sister has, and the other cities — well, nobody really cared about them anyway.

So, in a wonderful stroke of compromise, they chose a site that is roughly equidistant from Sydney and Melbourne (and set in some of the most boring countryside available). They held a worldwide competition to design the city — Walter Burley Griffin won. Lord knows what lost. It’s a clever plan designed for maximum confusion, condemning some hapless visitors to spending the rest of their lives endlessly circling but never arriving at their destination.

But, as I say, at least it keeps the federal pollies well away from everyone else. Always a plus.

Gwynne Powell, posting to the Lois McMaster Bujold Mailing list (http://lists.herald.co.uk/cgi-bin/mailman/listinfo/lois-bujold), 2013-12-13

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