Joe Biden Serves Wall Street, Not Main Street
He has relied and continues to rely on the campaign contributions of Wall Street and billionaires, including union busting law firms.
As a Presidential Candidate, Biden Literally Promised Wall Street and Billionaires: “I Won’t Let You Down, I Promise You.” Biden has gone to great lengths to reassure Wall Street of his fidelity. For example, in June 2019, Joe Biden addressed more than 100 wealthy donors at the Carlyle Hotel in Manhattan.
The crowd included Robert Rubin (former Co-Chair of Goldman Sachs and Treasury Secretary under Clinton) and Robert Altman (former co-head of investment banking at Lehman Brothers; Assistant Secretary of the Treasury under Carter and Clinton; and former Vice-Chairman of the Blackstone Group). Obviously, the attendees represented not just the mega-rich but also some of the most powerful members of the Wall Street political elite.
Biden not only pledged his fealty to their interests but also differentiated himself from the progressive wing of the Democratic Party. Biden stated “The truth of the matter is, you all, you all know, you all know in your gut what has to be done. We can disagree in the margins but the truth of the matter is it’s all within our wheelhouse and nobody has to be punished. No one’s standard of living will change, nothing would fundamentally change…I need you very badly. I hope if I win this nomination, I won’t let you down. I promise you.”
Read it all here: https://www.commondreams.org/views/2020/02/23/joe-biden-serves-wall-street-not-main-street
