Hillary: Capitalism Needs A “Reset”
By Jazz Shaw, July 25, 2015 Hot Air
Hillary Clinton visited New York University’s Stern School of Business this week to give a speech on economic policy. On the surface that sounds roughly as interesting as watching paint dry, but she dropped a few gems into the otherwise standard, liberal dogma which caught the attention of analysts around the country. Echoing some familiar sentiments of more fire breathing socialists, Clinton said that capitalism itself was “out of balance” and in need of a “reset.” (Fortune Magazine).
Hillary Clinton wants to hike capital gains taxes as part of her plan to discourage short-term thinking among corporate executives and investors…
To bring what she called “hit-and-run” activist shareholders to heel, Clinton exhorted institutional investors to exert their leverage as a counterweight on management. And she pledged to order a review of regulations on shareholder activism and to push for the same-day disclosure of buybacks already in force in the United Kingdom and Hong Kong.
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