01-16-2019, 10:33 AM
https://www.theguardian.com/commentisfree/2019/jan/15/democratic-2020-president-candidates-wall-street?CMP=Share_iOSApp_Other&fbclid=IwAR0TPfspLWzSef947Nze6IPnnpnb7s_rXHDUir3Q-ZeZS2GD9BjgnEyg69A
I think this is a lesson not learned. Trump didn't win the popular election, but he and Sanders garnered more enthusiasm than Clinton in large part due to their messaging that was more in favor of the middle-class. Regardless of whether the policies since then by the administration have followed through on that, the messaging is what got the enthusiasm. By running first to Wall Street, these three are showing that they didn't learn the important lesson from 2016, that the people are tired of Wall Street having the influence it does.
Quote:It’s a framing that’s been everywhere over the past two years: the Resistance v Donald Trump. By some definitions that “resistance” even includes people like Mitt Romney and George W Bush. By almost all definitions it encompasses mainstream Democrats, such as the likely presidential hopefuls Cory Booker, Kamala Harris and Kirsten Gillibrand.
In their rhetoric and policy advocacy, this trio has been steadily moving to the left to keep pace with a leftward-moving Democratic party. Booker, Harris and Gillibrand know that voters demand action and are more supportive than ever of Medicare for All and universal childcare.
Gillibrand, long considered a moderate, has even gone as far as to endorse abolishing US Immigration and Customs Enforcement (Ice) and, along with Cory Booker, Bernie Sanders’ single-payer healthcare bill. Harris has also backed universal healthcare and free college tuition for most Americans.
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But outward appearances aren’t everything. Booker, Harris and Gillibrand have been making a very different pitch of late – on Wall Street. According to CNBC, all three potential candidates have been reaching out to financial executives lately, including Blackstone’s Jonathan Gray, Robert Wolf from 32 Advisors and the Centerbridge Partners founder Mark Gallogly.
I think this is a lesson not learned. Trump didn't win the popular election, but he and Sanders garnered more enthusiasm than Clinton in large part due to their messaging that was more in favor of the middle-class. Regardless of whether the policies since then by the administration have followed through on that, the messaging is what got the enthusiasm. By running first to Wall Street, these three are showing that they didn't learn the important lesson from 2016, that the people are tired of Wall Street having the influence it does.
"A great democracy has got to be progressive, or it will soon cease to be either great or a democracy..." - TR
"The test of our progress is not whether we add more to the abundance of those who have much; it is whether we provide enough for those who have too little." - FDR
"The test of our progress is not whether we add more to the abundance of those who have much; it is whether we provide enough for those who have too little." - FDR
