31 online
 
Most Popular Choices
Share on Facebook 41 Printer Friendly Page More Sharing
OpEdNews Op Eds   

Democrats join Trump in fundraising from the moneyed elite

By       (Page 2 of 2 pages) Become a premium member to see this article and all articles as one long page.   1 comment
Message Patrick Martin

"We don't have to go out and spend $30 trillion to deal with health care," he said, referring to the supposed price tag of Medicare-for-all. His own plan would cost only a tiny fraction of that, $740 billion over 10 years, meaning it would also cover only a tiny fraction of those left with little or no coverage under Obamacare.

He likewise rejected calls for eliminating college student debt. "I don't think everybody should have a free college education, but I do think we're in a position where for $6 billion a year, you can put every single qualified person that needed to go back to community college to get an education, or go to community college in the first place," he claimed.

Biden went out of his way to conciliate with congressional Republicans, recalling that under the Obama administration he was the principal liaison to figures like Senate Majority Leader Mitch McConnell. "There's an awful lot of really good Republicans out there," he said. "They're decent people. They ran because they care about things, but they're intimidated right now." If Trump were defeated, he claimed, these Republicans would be open to working with a Democratic administration.

This weekend, Biden has made further appearances at fundraisers, including one Friday at the summer home of Peter Shields, managing partner of the Washington, DC law firm Wiley Rein, at Rehoboth Beach, Delaware. On Saturday he was in the Hamptons, at a fundraiser attended by former White House press secretary Anthony Scaramucci, another Manhattan multi-millionaire, who said that he was still a registered Republican and not yet ready to announce support for Biden, but praised him and declared that President Trump "has lost his mind."

Biden has already appeared at elite fundraisers in Aspen, Colorado, Sun Valley, Idaho and Cape Cod, according to media reports.

Next weekend, South Bend Mayor Pete Buttigieg will attend a series of fundraising events in the Hamptons, including an August 31 "Cocktails & Conversation with Mayor Pete & Chasten Buttigieg" at the East Hampton home of Robert Marc and Gunnar Spaulding, with Friends of the High Line board chair Mario Palumbo and his JPMorgan executive husband, Stefan Gargiulo, as co-hosts.

Buttigieg will also appear at the Sagaponack home of "Hamilton" producers Jeffrey Seller and Josh Lehrer, and at an event hosted by Insight Partners managing director Deven Parekh and his wife, Monika.

While Harris, Biden, Booker and Buttigieg dominate the Wall Street funding, their two main "left" rivals, Bernie Sanders and Elizabeth Warren, have sworn off high-dollar fundraisers in favor of online contributions. This reflects a division of labor among the Democratic presidential candidates.

Warren and Sanders seek to give a left face to a fundamentally right-wing party of big business. Disavowing direct contributions from Wall Street is part of the pretense. Warren has already indicated that if she wins the nomination, she will not engage in "unilateral disarmament" in the general election campaign against Trump: in other words, she will rake in as much corporate and Wall Street cash as possible. Sanders will do the same in the event he wins the nomination, but the question has not yet been directly posed to him.

Next Page  1  |  2

(Note: You can view every article as one long page if you sign up as an Advocate Member, or higher).

Rate It | View Ratings

Patrick Martin Social Media Pages: Facebook page url on login Profile not filled in       Twitter page url on login Profile not filled in       Linkedin page url on login Profile not filled in       Instagram page url on login Profile not filled in

Patrick Martin writes for the World Socialist Website (wsws.org), a forum for socialist ideas & analysis & published by the International Committee of the Fourth International (ICFI).
Go To Commenting
The views expressed herein are the sole responsibility of the author and do not necessarily reflect those of this website or its editors.
Writers Guidelines

 
Contact AuthorContact Author Contact EditorContact Editor Author PageView Authors' Articles
Support OpEdNews

OpEdNews depends upon can't survive without your help.

If you value this article and the work of OpEdNews, please either Donate or Purchase a premium membership.

STAY IN THE KNOW
If you've enjoyed this, sign up for our daily or weekly newsletter to get lots of great progressive content.
Daily Weekly     OpEd News Newsletter
Name
Email
   (Opens new browser window)
 

Most Popular Articles by this Author:     (View All Most Popular Articles by this Author)

The Low-wage, No-raise Economy

Mounting political crisis in Washington amidst talk of removal of Trump

US House of Representatives votes to abolish Medicare

Nearly One Million US Workers Cut Off Unemployment Benefits

Obama hails deal to impose record cuts in social spending

US House of Representatives approves plan to destroy Medicare, Medicaid and food stamps

To View Comments or Join the Conversation:

Tell A Friend