Showing posts with label lloyd blankfein. Show all posts
Showing posts with label lloyd blankfein. Show all posts

Wednesday, February 12, 2020

Lloyd Blankfein Stumps For Bernie Sanders

In a canny burst of reverse psychology, the Wall Street banking mogul who helped crash the entire global financial system in 2008 today refreshingly declared that a President Bernie Sanders "would ruin our economy."

Since 94% of all the American household wealth "lost" in the crash is now in the hands of the oligarchy, it is safe to assume that what former Goldman Sachs CEO Lloyd Blankfein really fears is that a Sanders presidency would put a damper on his winner-take-all economy - or what Citigroup had secretly dubbed the "plutonomy."

Blankfein tweeted;
If Dems go on to nominate Sanders, the Russians will have to reconsider who to work for to best screw up the US. Sanders is just as polarizing as Trump AND he’ll ruin our economy and doesn’t care about our military. If I’m Russian, I go with Sanders this time around.
Whether he knows it or not, Blankfein just bleated out a campaign commercial for Bernie. He implicitly signaled his fealty to Donald Trump, who also regularly and falsely claims that the phony opposition party doesn't care about "our military," But Blankfein is obviously referring to Bernie's own refusal to vote for the latest obscene $750 billion Pentagon budget, the successful bipartisan passage of which is bloating Goldman Sachs's own war-connected profits to the monstrous proportions to which it has become accustomed.

Blankfein's peevish McCarthyite tweet actually seems tailor-made to spur even more record, small-dollar donations to Bernie, who won the New Hampshire primary on Tuesday despite the best efforts of the corporate media to fool the country into thinking that second runner-up Amy Klobuchar was the break-out heroine of the night. The core media narrative is that since Bernie did not win by the same astronomically huge 40-point margin by which he trounced Hillary Clinton in 2016, it not only doesn't count, it is testament to the "chaos and divisiveness"  that Sanders brings to the Democratic Party establishment. As if that were a bad thing!

As far as the reviled "razor-thin" margin by which Sanders beat Pete Buttigieg in New Hampshire  is concerned, we should be honest and admit that Bernie is indeed having a tough time luring in old white conservative people too set in their ways and too attached to Medicare For Only Themselves to abandon the rejuvenating young fogey soul-brother they've found in Mayor Pete.

None of the coverage denigrating Bernie's victory that I watched last night mentioned tthat more young people voted for him than voted than for all the other primary candidates combined. He got more than half the entire youth vote of 18 to 29 year olds, while the 38-year-old Buttigieg received only 22 percent of this demographic.

Bernie's slim margin of victory is based simply upon the much higher number of older voters turning out on primary day. As Vox reports,
One caveat: Older people are simply a bigger part of the electorate. In New Hampshire’s Democratic primary, people 45 and older made up 63 percent of voters, according to the exit polls. People aged 18 to 29 made up just 14 percent.
Historically, this has also been true nationally:Young voters are less likely to turn out. In 2016, less than half of voters aged 18 to 29 went to the polls, while a majority in all other age groups voted, according to the US Census Bureau.
And since older people are more apt than younger people to read the New York Times, and the Washington Post and stay riveted to CNN and MSNBC  they thus might be more prone to internalize the mainstream "narrative," and make the manufactured - and rankly xenophobic -  paranoia of Blankfein and others their very own.

Maybe Prince Harry, who reportedly is making a "billion dollar handshake" with Goldman Sachs, can help. He and wife Meghan already appeared at the JP Morgan Chase Investment Summit in Miami over the weekend to share their mental health expertise with some of the same billionaires and pathocrats who plundered the economy in 2008 and who are now so very, very nervous that their turbo-charged free rides and their mammoth runaway government welfare benefits and their padded portfolios might be in store for the Bernie Brake Pad Special. They're certainly in dire need of a muffler job. And the way their entitled complaining keeps backfiring on them, they might even be headed for the junkyard reserved for totaled luxury limos.

Blankfein and his fellow paranoid plutes should just relax and stay hunkered down in their eight car garages and stop with the class war antics and refrain from raising Bernie's profile so much with their negative attention. Because Sanders is not threatening a communist revolution or an overthrow of capitalism, or a 90 percent wealth tax, or total world peace, or anything remotely close. He is no more radical than FDR, whose ultimate aim was to save predatory capitalism from itself.