Wednesday, March 12th, 2014

Wall Street Ready For Another Four Years Of Bush

The Republican field for 2016 is a hot mess—so much so that Rand Paul is being taken somewhat seriously as a candidate. But what matters is the big elite coastal money, that poured so deliciously from Wall Street into the coffers of that sad stupid thing called Mitt Romney. With Chris Christie face-down for the count, it just doesn't know where to go: Scott Walker? Paul Ryan? They're both petty hoodlums, and, like Ted Cruz, they're too socially conservative for bankers who just care about cutting taxes, not regulating Wall Street and a cessation to the "Wall Street v. Main Street" dialogue. Oh they also would like to continue to enjoy endless access to nearly free government money in the form of the Fed discount window. They just want their respect (along with all their money)!

Who's more perfect for all that than a Bush? Here's Greg Valliere, chief political strategist for the Potomac Research Group: “If Jeb says ‘I’m in,’ I think all the Wall Street money goes to him. Like, immediately.” GREAT. LET'S DO THIS THING.

3 Comments / Post A Comment

Ralph Haygood (#13,154)

In other words, fools in pinstripes remain eager to be parted from their money for nothing. Barack Obama just told Zach Galifianakis that running a third time would be "sort of be like doing a third Hangover movie. Didn't really work out very well, did it?" That goes for the Bushes too.

Actually, I suspect the fool here is Greg Valliere. Bill Clinton was a good friend to Wall Street, and there's every reason to expect Hillary Clinton will be too. The smarter banksters don't care about party labels. Only dimwits like Leon Cooperman put all their money on that sad stupid thing called Mitt Romney just because that mean Barack Obama once said something that hurt their fee-fees.

Astigmatism (#1,950)

@Ralph Haygood I had drinks with a senior director muckymuck at Wells Fargo last summer who was complaining about this. In response to the suggestion that some hedge fund types who gave money to Obama's 2008 campaign became Romney supporters because they felt that Obama was unsympathetic to Wall Street, she practically spat out her drink shouting "Fuck Wall Street!" Anyone with a third of a brain would understand what an enormous gift to the finance industry the Obama administration has been (which isn't really even meant as a criticism, compared to the shitshow we were left with at the end of 2008).

Matthew Phelan (#10,133)

I'd like to imagine that the oppo research the Dems have on Jeb Bush, by now, reads like a Carl Hiaasen novel. I would also like to imagine someone letting me read a copy at the beach.

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