With Joe Biden dropping in the polls and Elizabeth Warren replacing him at the top, some Wall Street donors have begun to warn the Democrat Party that they may sit out the 2020 election if they pick the anti-business, anti-capitalist Warren as their 2020 nominee.
Former Vice President Joe Biden has begun to slip in many recent polls as his constant lies and gaffes begin to take their toll. And as Biden continues to appear less than able — and maybe even senile — on the campaign trail, many Democrat voters have begun to shift to Massachusetts Senator Elizabeth Warren.
That shift has not been welcome news for the usually loyal Wall Street donors who commonly back the left-wing party under the assumption that all the anti-business hot air the party spews won’t really end up redounding on them.
But they appear to fear that if Warren wins the nomination, that hot air will turn to actual policies because Warren has been virulently socialist, anti-business, and anti-financial sector.
According to CNBC, some of these big-money donors are getting a bit worried.
In recent weeks, CNBC spoke to several high-dollar Democratic donors and fundraisers in the business community and found that this opinion was becoming widely shared as Warren, an outspoken critic of big banks and corporations, gains momentum against Joe Biden in the 2020 race.
“You’re in a box because you’re a Democrat and you’re thinking, ‘I want to help the party, but she’s going to hurt me, so I’m going to help President Trump,’” said a senior private equity executive, who spoke on condition of anonymity in fear of retribution by party leaders. The executive said this Wednesday, a day after Speaker Nancy Pelosi announced that the House would begin a formal impeachment inquiry into Trump.
They are even a bit miffed that Warren has so publicly refused to take their donations.
Bankers are also unhappy with a Warren nomination:
“They will not support her. It would be like shutting down their industry,” an executive at one of the nation’s largest banks told CNBC, also speaking on condition of anonymity. This person said Warren’s policies could be worse for Wall Street than those of President Barack Obama, who signed the Dodd-Frank bank regulation bill in the wake of the 2008 financial meltdown.
To compound matters, Warren even retweeted the CNBC report with a slap at the Wall Streeters saying she “approved this message.”
I'm Elizabeth Warren and I approve this message. https://t.co/2Ewkbm0ZwA
— Elizabeth Warren (@ewarren) September 10, 2019
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ELECTION DAY 2019: Big GOP Wins in Miss., Kentucky, But Wiped Out in Virginia
The GOP made strong gains in most areas of the country except Virginia which completed its turn from red to blue by wiping out the Republican Party.
For Election Day 2019, yesterday, the GOP made strong gains in most areas of the country except Virginia which seems to have completed its turn from red to blue with a wipe out of the Republican Party.
First the bad news: In Virginia, the Democrat Party has succeeded in taking complete control of the state legislature for the first time in decades with Tuesday’s elections. Both the state’s House of Delegates and its State Senate went blue.
Republicans had held one-seat majorities in both chambers until yesterday’s vote. But a large number of competitive seats went blue after all the votes were counted. The House now has a nine-seat Democrat majority and in the Senate is is three seats. Democrats also already control the state-side offices, so that gives the Democrats full control of the state for the first time since 1993.
For those watching politics in Virginia, this is not really much of a surprise. Virginia has been turning Democrat for years before Trump came to office. So, the vote in Virginia is not entirely spurred by anti-Trumpism.
However, Republicans did well in nearly every other state.
Firstly, even in Democrat-controlled Tucson, Arizona, voters rejected a proposal that the city be made into a so-called “sanctuary” city. So, even Democrats wised up in Tucson.
In Kentucky, it was mostly good news for the GOP, though the race for governor was called for the Democrat.
In the governor’s race, Democrat Andy Bashear won by only a few thousand votes. However, incumbent Republican Matt Bevin is not conceding and wants the official re-count system to do its work. However, in the rest of the state, Democrats fared poorly.
Kentucky’s down ballot was a clean win for the GOP and state Republicans point out that the combative Bevin was almost dragged over the finish line by the strength of the down ballot. Republicans in Kentucky say that their loss of the Gov’s race is because Bevin is a flawed and unpopular person, not because the state does not like Republicans. And there is quite a lot of evidence that this is true, too.
In fact, Kentucky found its first black Republican ever elected to the state Attorney General’s office. Daniel Cameron was also endorsed by Donald Trump.
#Trump Endorses Daniel Cameron For Attorney General of Kentucky And Says "The Republican Party has a new STAR. He is tough on Crime, Strong on Borders, and will fight for our Second Amendment. Daniel will never let you down." Read more at this link. #MAGAhttps://t.co/60TnRMkwPn pic.twitter.com/h6vB7t3swQ
— Rep Security Council (@RSCGOP) July 30, 2019
In Mississippi, the GOP also made a sweep. GOP candidate Tate Reeves, the current Lt. Gov., beat a strong challenge from Democrat Attorney General Jim Hood, the latter of whom ran a strong campaign as a moderate Democrat.
Also, races in Indiana proved to strengthen the Indiana GOP. One low spot, though, was Indiana’s Hamilton County which went Democrat for the first time in years.
The media will focus on Virginia turning blue and the likely loss of Kentucky’s incumbent Republican governor, but the news really isn’t all that bad for the GOP.
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Democrat Rep. Barbara Lee: ‘We Need The U.N.’ To Monitor Our 2020 Election
Thanks but no thanks!
Democrat Rep. Barbara Lee is making a “personal” plea that the United States recruit foreign election monitors from the United Nations. Claiming these “monitors” would prevent Republicans from engaging in their imaginary “voter suppression” tactics.
Speaking at “She The People 2019,” Lee posited that the only way to prevent voter suppression and foreign influence in our 2020 Presidential election would be to bring in foreign influence from the United Nations.
Rep. Barbara Lee: ‘We Need the U.N.’ to Monitor Our 2020 Election pic.twitter.com/ZPBssyNQ7j
— Alicia F. Luke (@AliciaFixLuke) October 25, 2019
“I personally want to ask the U.N. to come in, I’ve observed elections all over the world, and I think right now we need election observers from all over the world coming to monitor and look at these tactics … so that maybe if we put some sunshine on it, you know, at least we’ll be able to cast our vote until we get all of these laws changed.”
Woman: “I know we can;t get all of our hopes into the [inaudible] process, but I know it’s at least one less black body laying in the street. If we don’t try to change who’s in power, we’re never going to have the ability to win on our own issues. And I believe that voting is that first step. I truly believe that if voting were so important, they wouldn’t try so hard to stop us from doing it.”
Democrat Rep. Barbara Lee: “Thank you very much. And you just laid out the story of everyone in our country who have been marginalized, who would vote for the progressive agenda and who the right-wing in this country want to suppress. Voter suppression is alive and well. So in Congress, of course, we’re working on — we have legislation, H.R.4, that would restore the Voting Rights Act because, you know, the Voting Rights Act was totally gutted.
We also have hearings that are being conducted around the country, headed by Congresswoman Marcia Fudge to really build the record so that we can move forward with even stronger legislation. But aside from the legislative efforts to restore the Voting Rights Act, we have to work at the state and local level in terms of making sure that these Voter ID laws are not passed, making sure that we have — and we’re into this next election cycle right now.
Monitors, lawyers, people watching the polls all the time, I personally want to ask the U.N. to come in. I’ve observed elections all over the world, and I think right now we need election observers from all over the world to come and to monitor and to look at these tactics that you just mentioned so that maybe if we put some sunshine on it, you know, at least we’ll be able to cast our vote until we can get all of these laws changed. But I want to say to you, and I say this all the time to especially young people and people of color, believe me, your vote counts.”
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