CNN, MSNBC Use Biased Banks to Say Wall Street Comfortable with Socialist Blue Wave

NewsBusters ^ | 10/7/2020 | Joseph Vazquez

[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 Biden’s 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 here’s 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?

[Pajamajan]

Main-Stream-Media-Enemy-Of-The-People BUMP

[SeekAndFind]

RE: Socialist Blue Wave

Is there in 2020?

[pepsi_junkie]

Using biased banks to make the absurd claim that Wall Street is warming up to the idea of a “blue wave” in November

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.

[Renkluaf]

Wall Street gives most of it’s money to the dems. They think they’ll be protected from the AOCs & Fauxcahantas.

[untenured]

Actually, the nation’s 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.