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Want to win? Donít listen to Wall Street
The New York Post ^ | June 16,2014 | Charles Gasparrino

Posted on 06/16/2014 5:37:40 PM PDT by Hojczyk

Maybe the biggest lesson that Republicans can take away from the stunning primary defeat of House Majority Leader Eric Cantor is that anyone that the Wall Street wing of the party loves is probably poison for everyone else.

Cantor is a decent man and a reasonable voice, which is why so many on the street loved his politics. And now the finance guys are freaking out because it looks like he was taken down by the Tea Party types who’d just love to see the likes of Goldman Sachs go down in flames.

They still blame the bankers for the excessive risk-taking that gave us the 2008 meltdown, and Cantor was the bankers’ friend. But the key takeaway is that Cantor’s just one of a long line of Wall Street favorites who have turned out to be duds on the national stage — a fact that makes the financiers’ influence in picking top GOP candidates all the more appalling.

Aside from money, what do these bankers and financiers have? Given all they did to create the 2008 crisis and the economic hardship that followed, they’re understandably despised by many Americans in both parties.

And they sure have lousy political judgment. I can’t tell you how many Wall Street types, including Republicans, told me back in 2008 that Barack Obama was a “moderate” — then were shocked when he delivered nonstop, full-on liberalism. Wall Street’s next great hope, in 2012, was Mitt Romney, who like

Cantor is reasonable and smart (he did a great job running a large private-equity firm). Romney raked in huge sums from the biggest Wall Street players suffering buyer’s remorse over Obama. Problem was, Romney never displayed an ability to connect with people outside the financial business.

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


TOPICS: News/Current Events; Politics/Elections
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1 posted on 06/16/2014 5:37:40 PM PDT by Hojczyk
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To: Hojczyk

Bottom line: When it comes to choosing political leaders, listening to Wall Street is a sure recipe for disaster. Given the track record of most of these people, the rank-and-file voter is better off tuning them out.


2 posted on 06/16/2014 5:43:02 PM PDT by Hojczyk
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To: Hojczyk

They keep trying to shove these guys down our throats I’m thinking of joining the “Tax the Rich” crowd as long as I can direct them to who is “rich”


3 posted on 06/16/2014 5:43:08 PM PDT by McGavin999
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To: Hojczyk

Just like in Hitler’s Germany, the greedy, criminal, bankers, the two faced, Wall Street types, the Corporate butt kissers, like the Insurance Companies, the investor class, all sucked up to Obama who flooded the economy with printed money and the real economy never had a chance to grow.

Every time I watch CNBC, I want to throw up listening to these low lifes...pontificating their “Hogwash” greedy lies!!! What a devastating matchup: Obama (Hitler) & his greedy Wall Street low life!!! Income equality....look at it...African-Americans, Middle Class folks, etc.....Obama holding hands with the very vermin people that suck the economic life out of you!!! Fools!!!


4 posted on 06/16/2014 5:52:08 PM PDT by JLAGRAYFOX ( My only objective is to defeat and destroy Obama & his Democrat Party, politically!!!.)
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