The politics of Clinton’s play are fairly easy to divine. By picking a fight over shadow banking, she can distract attention from Sanders’s focus on his more populist proposals to break up the banks and reinstate Glass-Steagall, which for many progressives is a sorer spot on Bill Clinton’s legacy than even his impeachment. Clinton also is attacking Sanders’s perceived strength, knowing that if she can dent him there, the rationale for his challenge to her becomes much weaker.
.. But what’s interesting in the divide over financial regulation is that while Clinton has adopted some of the more popular items on the progressive wish list—debt-free college, expansive proposals on immigration, gun-control, and criminal-justice reform—she is relying on a wonkier approach to Wall Street reform.
America’s longstanding alliance with the House of Saud is no reason for the Obama administration to do anything less than clearly condemn this foolhardy and dangerous course with a more robust response than its call Monday for both sides to exercise restraint.
.. Saudi Arabia’s income has sharply declined as a result of the prolonged drop in oil prices — caused, in part, by the regime’s insistence on maintaining production levels — and the government has announced cutbacks in the lavish welfare spending that Saudis have long taken for granted. The executions provided both a sectarian crisis to deflect anger over the cutbacks and a graphic warning of what can befall critics.