May 12, 2015

Wall Street threatens Hill Clin with fate of Miliband

Politico - Wall Street has a message for bank-bashing U.S. populist politicians: Put down the pitchforks or you could end up like Ed Miliband....

These bankers and their ideological supporters say if likely Democratic presidential nominee Hillary Clinton keeps tacking to the left on Wall Street issues — as Massachusetts Sen. Elizabeth Warren, other progressive Democrats and Sen. Bernie Sanders (I-Vt.) are demanding — she could face the same fate.

“Cameron embraced the role of the financial sector in growing the U.K. economy and creating jobs, never once criticizing hedge funds, banks or the wealthy,” said a top executive at one of Wall Street’s largest firms. “Miliband ran against hedge funds and bankers, promising bonus and mansion taxes and lost big. Is that a lesson for Hillary as well?”

1 comment:

Anonymous said...

I don't think that Wall Street is the major threat to the Democrats. I think the big problem will come from the left, and the anti-semitism/nazism. As a longtime Democrat and diehard leftist in California that is why I will be voting Republican for the first time ever. The Democrats need to stand up to the loonies and make it clear that their support for Israel is unequivocal, no matter what.

But of course it's easier to blame other people than to look within and deal with your own problems. We all do that. But the Democrats have taken doing that to extremes. They no longer stand for anything, they just trash others.