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Remember When Chuck Schumer and Bernie Sanders Loved Business?
Wall Street Journal ^ | February 4, 2019 | James Freeman

Posted on 02/04/2019 3:26:01 PM PST by reaganaut1

...

In claiming that U.S. corporations have somehow become selfish weapons of mass economic destruction, Messrs. Sanders and Schumer encourage readers to look back to those good old days of the 1960s when American businesses were the engines of broad prosperity. The two men remember those times well, and clearly they were highly impressed. That’s why as young men they became stalwart champions of the free enterprise system.

Just kidding. That was the era when Chuck Schumer was becoming active in Harvard’s Young Democrats club before volunteering for the left-wing presidential campaign of Eugene McCarthy. Later, after graduating from Harvard’s law school, he made a name for himself in the New York state assembly by attacking asphalt companies and commercial real estate operators, among others.

Mr. Sanders for his part kept busy attacking not just particular businesses, but business itself. In the early 1960s he joined the Young People’s Socialist League and seems never to have lost that old time non-religion. In a 2015 piece for the New Yorker Margaret Talbot describes Mr. Sanders in the 1960s and ’70s:

In those days, he occupied himself by writing freelance articles--critiques of the stultifying effects of office work or the social-control mechanism of television--and by making very low-budget educational filmstrips. It’s safe to say that had Sanders stuck with that career he would not have given Ken Burns a run for his money. One filmstrip, a portrait of Sanders’s hero, the socialist Eugene V. Debs, was rendered with static images that remained on the screen for a good long while. Sanders himself voiced Debs, an Indiana native, making him sound like a guy from Flatbush.

In the years since, Mr. Sanders’ consistent hostility toward capitalism contrasts with the relative flexibility of Sen. Schumer, who has occasionally called for deregulation of the Wall Streeters

(Excerpt) Read more at wsj.com ...


TOPICS: Business/Economy; Editorial
KEYWORDS: berniesanders; buybacks; schumer; stocks
Related thread: Schumer and Sanders: Limit Corporate Stock Buybacks.
1 posted on 02/04/2019 3:26:01 PM PST by reaganaut1
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To: reaganaut1

No.


2 posted on 02/04/2019 3:33:53 PM PST by Brilliant
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To: Brilliant

I don’t remember either. Democrats love jobs. They just hate business.


3 posted on 02/04/2019 3:39:51 PM PST by jmacusa ("The more numerous the laws the more corrupt the government''.)
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To: reaganaut1

People that have never worked an honest job will never like businesses.


4 posted on 02/04/2019 3:45:42 PM PST by wastedyears (The left would kill every single one of us and our families if they knew they could get away with it)
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To: reaganaut1

The world before Ocasio-Cortez.

Money has become a dirty word on the Left.


5 posted on 02/04/2019 4:19:23 PM PST by Jack Hammer
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To: reaganaut1
Whew! I was afraid where that was going for a second. 👬 💩
6 posted on 02/04/2019 4:21:54 PM PST by rktman ( #My2ndAmend! ----- Enlisted in the Navy in '67 to protect folks rights to strip my rights. WTH?)
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To: reaganaut1
That was the era when Chuck Schumer was becoming active in Harvard’s Young Democrats club before volunteering for the left-wing presidential campaign of Eugene McCarthy.

Left-wing? Not so easy to say. McCarthy was never anybody's idea of a right-winger, but he was hard to fit into the usual political spectrum.

7 posted on 02/04/2019 4:25:48 PM PST by x
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