The drumbeat is quickening as Hillary’s surrogates insist that Bernie’s supporters fall in line. Bernie’s chances are said to be hopeless. Continuing to run only plays into the hands of truly despicable Republicans.
And forget about trying to pressure the Democratic Party’s establishment to let Bernie play a role in formulating the convention’s platform. That also would just play into the hands of the Republicans.
Time to unite behind Hillary, and let her move further to the right. No more talk of revolution, of trillions of dollars of new spending, of significant increases to the minimum wage. Let’s talk about Hillary’s issues: regime change abroad, downsizing dreams at home, and protecting Wall Street from the pitchforks.
By William K. Black
April 30, 2016 Bloomington, MN
To no one’s surprise, President Obama lobs periodic attacks on Bernie Sanders’ plans to restore the rule of law to Wall Street elites. Obama launched his latest attack, fittingly, through Wall Street’s sycophant-in-chief, Andrew Ross Sorkin. Sorkin’s column expresses his shock at how Obama repeatedly extended their interview for hours beyond its scheduled length. No one else is shocked that Obama, trying to make the case that bailing out the Wall Street felons was an act of supreme genius, would find Sorkin’s relentless sycophancy towards those felons and their political cronies so endearing. This is the first segment of my response. It focuses on the Obama administration’s great lie – the only policy “tools that work” in response to a financial crisis are getting “in bed with the banks” and making even wealthier through federal bailouts the bankers who grew wealthy by leading the fraud epidemics that caused the crisis.