Posted on 01/17/2024 9:17:28 PM PST by SeekAndFind
Jamie Dimon is the CEO of JPMorgan and describes himself as “barely a Democrat.”
His name has often been floated as a potential candidate for president, and at 68, he seems positively youthful compared to the two frontrunners for president this year. He could run 4 or 8 years from now and still get consideration–although you can bet that Gavin Newsom, Kamala Harris, Elizabeth Warren, Bernie Sanders, Gretchen Whitmer…well, you get it, a lot of Democrats are ahead of him in line for the top slot. They wouldn’t roll over to let him take the top prize.
Not only that, Dimon doesn’t exactly match the mood of the party. He is more in line with the George H.W. Bush wing of the American electorate, which hardly exists as a political force anymore.
In 2019, Dimon told CNBC he considers himself “barely a Democrat,” adding, “my heart is Democratic, my brain is kind of Republican.”
Asked in April by CNN’s Poppy Harlow if that’s still the case, Dimon said it is.
“I think we can do a better job of lifting up all of our citizens….Free market capitalism, properly regulated, has lifted billions of people out of poverty,” Dimon said. “I’m usually led by my heart, but my brain part is saying if we’re going to spend money, we should spend it wisely.”
Dimon is warning his fellow Democrats that they are totally misreading the mood of the country, the political and economic risks the country faces, and in particular, the reason why average Americans support Donald Trump. It’s not because they are deplorable but because, well, Trump was actually right on a lot of stuff.
"I don't like how Trump said things, but he wasn't wrong about those critical issues. That's why they're voting for him. People should be more respectful of our fellow citizens," says @JPMorgan CEO Jamie Dimon. "I think this negative talk about MAGA will hurt Biden's campaign." pic.twitter.com/WKnDjBvefO
— Squawk Box (@SquawkCNBC) January 17, 2024
More than that, average Americans keep getting the message that the Democrats hate them, and it turns out that directing scorn at voters is not a great way to woo them into voting for you.
I haven’t a strong affinity for or even much of an opinion about Dimon–I haven’t spent enough time thinking about him in recent years to say anything substantive about him.
But clearly, Dimon is right about this; significantly, he is now willing to say it out loud. As one of the country’s wealthiest and most powerful moneymen, he wields a lot of influence in a way that a hedge fund manager or independent businessman like Musk, Bezos, or (in the old days) Trump wouldn’t.
JPMorgan is about as deeply entrenched in the fabric of the Establishment as you can get, and Dimon is creating an open lane for others in the Establishment to break with Biden and normalize Trump.
It may just reflect Dimon’s intelligence–Trump treats people well when they treat him well. But it may also be something deeper–a sense that the Democrats have gone too far left, and he is signaling to his fellow CEOs that they must recalibrate their political leanings or face consequences from the American people.
Who knows what Dimon is thinking? What is clear is that his openly saying that Trump and his voters have a point will make a lot of waves with the CEOs at the Davos meeting and may force some of them to rethink their political approach for the coming election.
Businessmen have suffered a lot of shocks in the past couple of years, and the Davos crowd is being forced to retrench a bit due to the massive backlash of people who hate their agenda.
Dimon, at least, has noticed.
Gavin Newsom, Kamala Harris, Elizabeth Warren, Bernie Sanders, Gretchen Whitmer?
M
“...Jamie Dimon...his name has often been floated
as a potential candidate for president...”
-
“Hot Air” indeed.
Marianne Williamson
Michael Obama
They want a fourth and fifth term for Barack, and she has
been shooting her mouth off like she’s gearing up.
Chelsea
When does she run for congress?
Yeah, good question...
Michael Obama
They want a fourth and fifth term for Barack, and she has
been shooting her mouth off like he’s gearing up.
SloJoe greased the skids for Big Mike. The new normal for a democrat president is no campaigning and a workweek filled with vacations. Mike’s kind of work. It’s just like every other no-show job he had.
EC
Dimon is definitely the sharpest knife in the drawer. What a career
Declaring half the voters in America a threat to democracy just because they vote isn’t exactly a good thing.
Maybe he as a Jew, has FINALLY WOKEN UP!
“I don’t like how Trump said things, but he wasn’t wrong about those critical issues.”
When Trump ran in 2016 and WHIPPED the other 14 or so candidates, it was a CAKEWALK for him for the simple reason that not a single OPPONENT could say the above.
And if one of them had said the above, and stuck to it (meaning meant it), Trump would have had some serious competition and maybe even have been defeated in the Primaries that year. Instead, all we heard were DNC clones when it came to attacking Trump.
Don’t get me wrong, my heart and my votes will ALWAYS be with Trump, I’m just pointing out just how DISCONNECTED high-level Republicans are from their base, in other words, from the people they claim to represent and the people whose votes they NEED to have a chance at winning. And it shouldn’t take a moderate Democrat to show just how much the most high-level Republicans hate their own base.
I wonder how many kids Dimon has banged today. He was Epstein’s banker.
No, Dimon’s still Deep State.
Interesting, yet I wouldn’t even trust a George H W Bush Democrat...
Chase-is’t it woke? Correct please.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.