I suppose it's unsurprising that Wall Street would prefer Trump to Warren, but it's hard to read this article about it without coming to a couple pretty simple conclusions:
1. The people who are "Wall Street" are stupid and greedy.
2. We really need someone like Elizabeth Warren to crack down on them.
There's really a lot to unpack in the first one, but an oversimplification is that a stable economy that helps everyone, even one with higher taxes on rich people is better than an unstable economy that primarily benefits rich people and this is true EVEN FOR RICH PEOPLE. Yes, rich people may not make quite as much in said stable economy but on the other hand, they don't need to worry about torches and pitchforks, which is where we're headed.
There were lots of stupid things there too: Warren is not a socialist and is actually more of a capitalist than many of the other Democratic contenders. Pro-Wall Street isn't actually capitalist. The economy we have with Wall Street as some form of center is pretty severely distorted from capitalism. If it were actually capitalist there probably wouldn't be a single surviving [major] Wall Street institution following the financial crisis. Gains going private and losses being eaten by the public is not capitalism.
The fact that those people belive the crap they're spewing and the fact that they would prefer Trump speaks pretty strongly for how corrupt and vile they are. They need far more regulation than they have been subject to.
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