27 January 2019

About F%$#ing Time

For many years, potential Democratic candidates for President have made pilgrimages to Wall Street, and the Hamptons, to beg for money in exchange for letting the big casino to continue to parisitize the real economy.

In years past, no one noticed.

Not any more:
Ties to Wall Street and corporate interests are raising concerns about a number of high-profile Democratic candidates considering White House bids as the party moves to reduce the influence of big money in campaigns.

Sens. Cory Booker (D-N.J.) and Kirsten Gillibrand (D-N.Y.) are likely to face questions about money they’ve received from financial institutions in Wall Street, according to strategists.

Meanwhile, former Vice President Joe Biden has his own ties to banks and credit card companies, dating back to his years in the Senate, while Sen. Kamala Harris (D-Calif.) could face scrutiny over her reluctance in 2013 to prosecute Steven Mnuchin’s OneWest Bank when she was attorney general of California.

The pushback could come as progressives such as Sens. Elizabeth Warren (D-Mass.) and Bernie Sanders (I-Vt.) turn to small donations to fuel campaigns, avoiding corporate donations that they, and many in the Democratic base, believe taint the electoral process.

“Here would be my warning to any candidate who's thinking about running in this environment today: This is not 2008. This is not 2012,” said Chris Kofinis, a Democratic strategist.
Sherrod Brown should be mentioned along with Sanders and Warren, but the big point is that even 2 years ago, kowtowing to the finance industry was considered ordinary, and questioning that behavior was considered unseemly.

I'm pretty sure what the response will be from corporate Democrats, they will accuse the real Dems of being Russian stooges.

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