Posted on 07/18/2020 9:34:38 AM PDT by amnestynone
Wall Street’s not this amorphous, unified blob, but the majority of people I talk to on Wall Street think it’s worth taking the hit to get Trump out of office. They view him as an existential threat.’ — That’s one Wall Street banker explaining to Vanity Fair in an interview how, from his perspective, his peers are gladly preparing to navigate markets under a Joe Biden presidency. “They’re saying, ‘We’d like to see Biden crush Trump,’” he continued, adding that he doesn’t want Democrats to take control of the Senate. In his world, legislative gridlock is a good thing and voting for Republicans to keep the Senate is basically “making sure nothing radical happens.” The Vanity Fair source gave a nod to Biden despite the fact that the deep-pockets of Wall Street would likely get hit by an overhaul of Trump’s 2018 tax plan because it would means higher taxes for the wealthy and corporations, as well as on capital gains.
(Excerpt) Read more at msn.com ...
"The Vanity Fair source gave a nod..."
"But those words didn't seem to bother many of the executives..."
Wow! An entire article based on a sample of 1 and conclusions drawn from what "seemed" to be their interpretation. How many people even know when the Democrat Nominating Convention is? (Hint: It's going on right now.) And when they quit hiding Biden in the basement, people will have to conclude that his mental abilities are such that he can't even be considered for President.
It makes sense. The wealthy, educated class in this country absolutely loathe Trump with a white-hot passion that I have never seen before. They are willing to risk personal distress of some sort to see him lose.
High 6 figure salaries? Try 7 or 8. This ain’t the 90’s babe.
They won’t like it if Biden pushes a transaction tax, so that every transfer of stocks pays a small percentage to the government.
“but the majority of people I talk to” says Leftist pajamaboy at MSN...
Interesting how no burning/looting has happened in lower Manhattan.
What you can’t do is prevent them from signaling their displeasure by voting against Trump.
I don’t buy this. The same Wall Street that had a fit about a Warren presidency would be happy with someone that might nominate her for Secretary of Commerce or Treasury? Chief You Didn’t Build That?
No, I think this is more media gaslighting.
They are globalists. Trump is in their way. They want to continue to sell out this country.
American Patriots vs Wall Street Money changers.
My money is on Trump and American Patriots.
I was going to ask.. Why does Wall Street hate President Trump? It’s because, like many ithers, they are bought and sold by China.
And you disagree?
Their have been a couple of major opinion changes on the right in the past few years.
One of them as you noted, many are realizing that wall street and multinational corporations are against the middle and working classes and against American interests in general.
The 2nd is that we’re sick of endless foreign wars that are of no benefit to the American people. They were taking advantage of our patriotism. That is done.
If Trump loses then the chances of keeping the Senate are close to zero.
If Trump wins, it’s probably barley more than 50/50 that we keep the Senate.
I suspect the real reason they hate President Trump is that in the past bankers have had a very successful lobby.
They are afraid that President Trump will make them honest.
They were taking advantage of our patriotism. That is done.
____________________________________________
Amen!
Right
1. We are supposed to believe this guys anonymous sources.
2. They work in a ration market yet know how irrational it can be....but they want Trump beat but to hold the Senate.
****THAT’S A FREAKING JOKE -— THINK THIS IS A LIE ********
3.If Trump gets beat, they will take everything and the world will change as we know it.
Wrong. Deficits have two sources: 1) taxes that are "too low", or 2) spending that is "too high". The deficits we see now are caused by excessive spending. Your statement is simply incorrect because federal tax receipts after the tax cut are greater than they were before it. Your argument is specious. It is too much spending that's the problem. Personally, I think I know how to spend my money better than Congress does, so I have no argument with the tax cuts. What I do argue against is gov't spending, especially on transfer payments.
Sure, they don’t mind higher taxes. They will just pass those tax increases along to their customers as the cost of doing business.
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