Tuesday, October 15, 2019

RSN: Norman Solomon | The More Joe Biden Stumbles, the More Corporate Democrats Freak Out





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14 October 19

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14 October 19
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RSN: Norman Solomon | The More Joe Biden Stumbles, the More Corporate Democrats Freak Out
Former Vice President Joe Biden during the Democratic presidential debate in Houston. (photo: Mike Blake/Reuters)
Norman Solomon, Reader Supported News
Solomon writes: "The Democratic Party's most powerful donors are running out of options in the presidential race. Their warhorse Joe Biden is stumbling, while the other corporate-minded candidates lag far behind. For party elites, with less than four months to go before voting starts in caucuses and primaries, 2020 looks like Biden or bust."

EXCERPT:
Days ago, the Bernie 2020 campaign began wide distribution of a sticker that boldly says, “Billionaires Should Not Exist.” That kind of genuine progressive politics is an existential threat to the extremely wealthy, whose riches amid vast income inequality keep killing a lot of people.
Biden, speaking at the Brookings Institution in May 2018, was transparent about why corporate Democrats remain so enamored with him. “I love Bernie, but I’m not Bernie Sanders,” he said. “I don’t think 500 billionaires are the reason why we’re in trouble…. The folks at the top aren’t bad guys.”
No wonder Dianne Feinstein – snubbing fellow California senator Kamala Harris – recently hosted a high-profile fundraiser for Biden and last week formally endorsed him as “a tireless fighter for hardworking American families.” Feinstein’s net worth is close to $100 million, and her investment-banker husband Richard Blum is a billionaire.

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