During a private event hosted by Goldman Sachs in June 2016, former New York City Mayor and now-2020 candidate Michael Bloomberg made a number of damning remarks about his relationship with the banking industry, the merits of a president extending bribes to powerful people in the form of gifts and his distaste for Sen. Elizabeth Warren’s (D-MA) progressivism.
“to start, my first campaign platform would be to defend the banks, and you know how well that’s gonna sell in this country.”
Not so hot in 2016. Even less so in 2020.
“But seriously, somebody’s gotta stand up and do what we need: A healthy banking system that’s going to take risks because that’s what creates the jobs for everybody, and nobody’s willing to say that,” Bloomberg said.
I absolutely agree. Problem is, thanks to institutions like Goldman, we don’t have a healthy banking system. We have a cancer that’s growing their wallets and draining the rest of us. Risk? OK. Take the risk, collect the interest, and eat the losses if/when they come. They took the risks, collected the interests, then dumped it on the rest of us when they failed. That’s why we’re pissed.
“What you hear in these remarks are a combination of jokes and detailed explanations of ways to make our government better that are far beyond what the current occupant of the Oval Office could read, let alone think,” Loeser said.
Even the corrupt audience thought the bribery remark was a little too far. They used to say “if you’re explaining, you’re losing.” Now the powers that want to be think they can write these things off as a jokes. The next thing you know they’re going to blame the intern.
I thought this guy was trying to prevent Bernie from winning, he is the fucking poster child for everything wrong with the billionaire class and their capture of our government. I could not have scripted it better.
Half a billion dollars down the hole that could have been used for so much good elsewhere. Bloomberg didn’t just shit the bed with this campaign, he burned down his own house.
Dems have their hair on fire about who can definitely, positive, without a doubt, take it to the bank, WIN in November. Anyone who thinks it’s this guy needs to seriously step back and reconsider. I guarantee you the more people see of him beyond his ads, he’ll be known as “that asshole billionaire.” One question that should be asked: why does this guy want to be POTUS? The safe assumption is, to protect his wealth. What other reason could there be?
During a private event hosted by Goldman Sachs in June 2016, former New York City Mayor and now-2020 candidate Michael Bloomberg made a number of damning remarks about his relationship with the banking industry, the merits of a president extending bribes to powerful people in the form of gifts and his distaste for Sen. Elizabeth Warren’s (D-MA) progressivism.
That’s really terrible, and he should answer for it, but at least he didn’t say that the Cubans have a half-way-decent health-care system!
A smart candidate for high office commissions oppo research on themselves, so it can be deflected early, and it doesn’t surface at an inopportune time. Like say, just before an important debate.
He must be surrounded by yes-men and yes-women who are afraid to research any of this on their own, and he was too stupid or too arrogant to insist on it.
So you finally got a look under the hood and saw how the machine works. You want there to be a unicorn under the hood, just moving the car forward with happy thoughts. That ain’t the way it works. Maybe it should be otherwise, and some day it may, but we need a candidate that will deal with the system that exists to get things done. If we try to fight Trump with noble thoughts we will lose (bigly).