Lion of the Blogosphere

Wall Street supports Hillary Clinton

NY Times article.

In 2012, Mitt Romney was the favorite, but this year, Hillary Clinton is preferred by a wide margin over Bernie Sanders, Donald Trump, and Ted Cruz. They like John Kasich but they know there’s close to zero chance of him winning.

Written by Lion of the Blogosphere

April 19, 2016 at 11:56 am

13 Responses

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  1. I’m sure they would like Ted Cruz better. His wife worked at Goldman Sachs. It is just they have concluded that he cannot win the general election. They view Hillary as the likely winner, so they want to support the winner.

    mikeca

    April 19, 2016 at 1:21 pm

    • No, it’s pretty clear they prefer Hillary Clinton over Ted Cruz.

      Lion of the Blogosphere

      April 19, 2016 at 3:19 pm

    • Cruz’ gold standard talk would scare anyone who knows anything about banking. Even if Wall Street is economically malicious, they’re not totally crazy and destructive.

      chairman

      April 19, 2016 at 3:28 pm

      • Cruz is like Goldwater. His policies are radically pro-rich on the one hand, but his craziness threatens stability.

        chairman

        April 19, 2016 at 5:44 pm

      • Is Cruz really serious about the gold standard? I always figured this was just a boilerplate libertarian talking points to prove how conservative Cruz was. If he was elected, you wouldn’t hear anything about it.

        In the 2008 Democratic primary debates all the Democratic candidates agreed that the NAFTA treaty needed to be renegotiated. When the Democrats won control of House, Senate and Presidency in 2008, you never heard a word about this. Now admittedly the situation had changed a lot between the primary debates in 2007 and early 2008 and early 2009 when the Democrats came to power. Doing something about the worst recession since the great depression clearly become a high priority. You have never heard Obama talk about is issue since he was president.

        Now I do think most Wall Street people realize that Trump and Cruz’s economic plans (huge tax cuts, unspecified spending cuts) would be a disaster. Maybe that is why they figure Hillary is the lesser evil.

        mikeca

        April 19, 2016 at 6:46 pm

      • I assume that Trump doesn’t take his tax plan seriously. Don’t know if he even read it.

        Lion of the Blogosphere

        April 19, 2016 at 6:58 pm

      • “Is Cruz really serious about the gold standard? I always figured this was just a boilerplate libertarian talking points to prove how conservative Cruz was. If he was elected, you wouldn’t hear anything about it. ”

        Most of what Cruz talks about is just angling for votes but the gold standard stuff is something that is so far from the minds of almost everyone in America that it’s one issue you know he believes in.

        chairman

        April 19, 2016 at 7:32 pm

    • No, a social conservative like Cruz is bad for their bottom line: http://www.newyorker.com/magazine/2016/04/25/the-corporate-fight-for-social-justice

      Dain

      April 19, 2016 at 4:12 pm

  2. Well, they are long familiar with her incredible oratory. Simply amazing.

    Glengarry

    April 19, 2016 at 4:23 pm

  3. “They like John Kasich but they know there’s close to zero chance of him winning.”

    I think that if he somehow got nominated, he would easily beat Hillary. No Democrat since JFK has won the presidency without Ohio and Kasich would probably also beat HRC in Pennsylvania as well.

    dbp

    April 19, 2016 at 6:13 pm

    • Hillary vs Kasich would be Wall Street’s dream. There isn’t much difference between them.

      Jay Fink

      April 19, 2016 at 8:04 pm

      • Unless you have an unplanned pregnancy that you need to do something about.

        Anthony

        April 20, 2016 at 8:24 am

  4. Money she got for Goldman Sachs’s speeches were basically bribes.

    Shawn

    April 19, 2016 at 8:47 pm


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