Posted on 10/07/2020 9:23:35 AM PDT by JV3MRC
Using biased banks to make the absurd claim that Wall Street is warming up to the idea of a blue wave in November is like using field mice to claim that the animal kingdom is warming up to the idea of a cheese festival.
This is the strategy CNN and MSNBC used in an attempt to fool their viewers into thinking Democratic presidential nominee Joe Bidens left-wing extremist economic plans are in any way, shape or form good for the U.S. economy.
CNN Newsroom and MSNBC Live With Stephanie Ruhle both pushed during their October 6 editions how Goldman Sachs Chief Economist Jan Hatzius reportedly told clients in a note that a Democratic sweep of the November elections would allegedly be good for the economy. MSNBC, in particular, also pushed how JPMorgan Chase was pushing a similar idea.
But heres the problem: A conglomeration of individual employees and PACs of both Goldman Sachs and JPMorgan, have contributed overwhelmingly to Democrats this electoral cycle so far. Hatzius, in particular, has given funds to former President Barack Obama, which both MSNBC and CNN failed to disclose, along with the Democrat political donation trends of these banks. Biased much?
(Excerpt) Read more at newsbusters.org ...
Main-Stream-Media-Enemy-Of-The-People BUMP
RE: Socialist Blue Wave
Is there in 2020?
Absurd? Let's see the list of major business owners and CEOs (billionaires) that support Trump and compare it to the list of the ones that support Biden.
Having a billion dollars seems to lead to a guilt that can only be purged by virtue signaling how noble you are by funding hardcore leftwing causes and supporting communists. They are certain it will never come back to haunt them because they think they are above it all.
Same for bankers.
Wall Street gives most of it’s money to the dems. They think they’ll be protected from the AOCs & Fauxcahantas.
Actually, the nations largest financial institutions are almost all plugged into, and indeed dependent on, the client-state arrangement that is our fedgov these days. See 2007-8 for examples. They should be at least as comfortable working with a Democratic presidency as a Republican one.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.