Wall Street identifies Elizabeth Warren as the Democratic candidate they fear the most.

By |2019-09-11T06:52:17-08:00September 11th, 2019|Categories: News|Tags: , , , , , |3 Comments


Courtesy of NBC News:

Leaders in the financial industry are really worried about the possibility of Sen. Elizabeth Warren becoming president, CNBC’s Jim Cramer said Tuesday.

“When you get off the desk and talk to executives, they’re more fearful of her winning,” Cramer said on “Squawk on the Street.” Cramer said he’s hearing a “she’s got to be stopped” mantra bubbling up among executives on Wall Street and elsewhere.

Warren, a champion of the left wing for her bank-bashing and wealth-taxing proposals, has been doing better at the polls in the crowded field of candidates vying for the 2020 Democratic presidential nomination.

The Massachusetts senator is No. 2 in the Real Clear Politics polling average with 18% support. Former Vice President Joe Biden is first with nearly 30%, and Vermont Sen. Bernie Sanders is third with almost 18%. No other candidate is even close breaking into the top three.

Warren is a “very compelling figure on the stump,” Cramer said, predicting that she’s going to win the first-in-the nation nominating contest in Iowa, set be held Feb. 3, 2020. “It would be a suboptimal situation for the banks” if Warren were to win the Democratic nomination, he added. President Donald Trump, while facing a few primary challengers, is expected to easily win the Republican presidential nomination.

Josh Marshall was correct that this seemed like content that Warren would have paid good money for, and she was quick to use it to her advantage. 

She even used it for some fundraising.

Wall Street is right to worry about Warren.

If she wins this election she is going to introduce all kinds of finacial reforms that will strip them of their ability to cheat people out of their hard earned money and then hide that money from the government. 

To my mind that only makes her an even more attractive candidate. 

And I have a feeling there are a lot of other people in the country who feel the same. 

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3 Comments

  1. Paul September 11, 2019 at 3:43 pm

    As Gryphen’s earlier post noted, a much higher percentage of former Kamala Harris’ supporters are switching over to Warren than to any other candidate. (I am one of them.) If Harris drops out within the first few primaries, I think that the democratic nomination is Warren’s. Then Wall Street will really be sweating.

  2. anon September 12, 2019 at 7:38 am

    https://www.huffpost.com/entry/joe-biden-elizabeth-warren-debate-delaware_n_5d76b4d7e4b07521023140e6

    “To really understand this schism, you must consider the 36 years that then-Sen. Biden spent defending the uniquely pro-corporate laws of his home state, Delaware — laws that protect America’s biggest companies from taxes, lawsuits and accountability; fuel economic inequality; and prioritize the interests of shareholders over those of consumers, debtors and workers.”

  3. Anonymous September 14, 2019 at 9:41 pm

    For all his bluster, Trump also fears her. Even more reason to put her on the ticket.

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