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OpEdNews Op Eds    H3'ed 8/29/19

With Sanders and Warren Surging, Is Wall Street's 2020 Nightmare Coming True?

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From Common Dreams

The very biggest fear among corporate elites is that Warren or Sanders could win and then use the presidency to push back against oligarchy.

Moderates take aim at Sanders and Warren in US Democratic debate
Moderates take aim at Sanders and Warren in US Democratic debate
(Image by YouTube, Channel: FRANCE 24 English)
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For plutocrats, this summer has gotten a bit scary. Two feared candidates are rising. Trusted candidates are under-performing. The 2020 presidential election could turn out to be a real-life horror movie: A Nightmare on Wall Street.

"Wall Street executives who want Trump out," Politico reported in January, "list a consistent roster of appealing nominees that includes former Vice President Joe Biden and Sens. Cory Booker of New Jersey, Kirsten Gillibrand of New York and Kamala Harris of California."

But seven months later, those "appealing nominees" don't seem appealing to a lot of voters. Biden's front-runner status is looking shaky, while other Wall Street favorites no longer inspire investor confidence: Harris is stuck in single digits, Booker is several points below her, and Gillibrand just dropped out of the race.

Meanwhile, Sens. Bernie Sanders and Elizabeth Warren are drawing large crowds and rising in polls. In pivotal early states like Iowa and especially New Hampshire, reputable poll averages indicate that Biden is scarcely ahead.

"Bankers' biggest fear" is that "the nomination goes to an anti-Wall Street crusader" like Warren or Sanders, Politico reported, quoting the CEO of a "giant bank" who said: "It can't be Warren and it can't be Sanders. It has to be someone centrist and someone who can win."

But the very biggest fear among corporate elites is that Warren or Sanders could win and then use the presidency to push back against oligarchy. If Biden can't be propped up, there's no candidate looking strong enough to stop them.

Biden, Warren and Sanders, as the New York Times reported on Wednesday, are "a threesome that seems to have separated from the rest of the primary field." In fourth place, national polling averages show, Harris is far behind.

Biden's distinguished record of servicing corporate America spans five decades. He is eager to continue that work from the Oval Office, but can he get there? A week ago, a Times headline noted reasons for doubt: "Joe Biden's Poll Numbers Mask an Enthusiasm Challenge." Enthusiasm for Biden has been high among Democratic-aligned elites, but not among Democratic-aligned voters.

While corporate news organizations -- and corporate-enmeshed "public" outlets like NPR News and the PBS NewsHour -- evade primary contradictions, Sanders directly hammers at how huge corporations are propelling media bias and undermining democracy.

Even though he has inspired media onslaughts -- such as the now-notorious 16 anti-Sanders articles published by the Washington Post in a pivotal 16-hour period during the 2016 primary contest -- the Sanders campaign is so enormous that even overtly hostile outlets must give him some space. In an op-ed piece he wrote that the Post published seven weeks ago, Sanders confronted Biden's wealth-fondling approach.

Under the headline "The Straightest Path to Racial Equality Is Through the One Percent," Sanders quoted a statement from Biden: "I don't think 500 billionaires are the reason why we're in trouble." Sanders responded, "I respectfully disagree"and he went on to say: "It is my view that any presidential candidate who claims to believe that black lives matter has to take on the institutions that have continually exploited black lives."

Such insight about systemic exploitation is sacrilege to the secular faith of wealth accumulation that touts reaching billionaire status as a kind of divine ascension. Yet Sanders boldly challenges that kind of hollowness, shedding a fierce light on realities of corporate capitalism.

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Norman Solomon is cofounder and national coordinator of RootsAction.org. He was a Bernie Sanders delegate from California to the 2016 Democratic National Convention and is currently a coordinator of the relaunched Bernie Delegates Network. Solomon (more...)
 
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Elizabeth Warren, BEWARE!! She has the "political" thing down to a tee where she verbalizes what the people want to hear, but when it comes to action folds like a cheap suit. Remember 2016 when she was all for what Hillary wasn't until she folded by endorsing Hillary? Remember how tough she was verbally against Wall Street, but not a single indictment was brought against the perpetrators?

Watch how in 2020 she verbalizes all of the key areas that have made Sanders well known, but how she will team with Kamala Harris, Hillary's choice when the rubber hits the road. It may start in this 3rd debate where, absent Gabbard, Harris will feel ignited and will challenge Sanders as Warrens sits back with a smirk on her face. Also, let's recall that Harris co-signed Bernie's Medicare for All plan, but has since come out with whatever she feels is the flavor of the day.

The DNC is once again working their corruption to have Harris be their Cinderella girl in 2020 which should give us another four years of Trump. As horrible as Trump has been, and will be, Harris has the inability to be much worse, having absolutely no morals nor compassion for people and no ability to make sound decisions that matter our nation would continue its downward spiral to Third World Status, but Wall Street will survive.

Submitted on Friday, Aug 30, 2019 at 9:38:09 PM

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