RPT-With a nod and a wink, Republicans build 2016 campaign machines

6 Mar 2015 | Author: | No comments yet »

2016′s grotesque beginning: How Jeb & Hillary are quietly competing to win Wall Street’s heart.

Scott Walker’s flip-flop on immigration to Jeb Bush’s establishing a super PAC to the media’s churning out stories that make Hillary Clinton look slippery if not outright corrupt. Perhaps most tellingly of all, though, is this Tuesday report from Politico on the subterranean fight being waged between Bush and Clinton right now to earn the support of the most important people in American democracy. Yes, according to Politico’s Ben White (who is exceedingly well-sourced on “the Street,” if nothing else), the front-runners for the respective parties are currently jockeying to win the hearts and minds of Goldman’s rank and file as well as its elites. Bush is planning to make yet another sojourn to New York next week, White reports, and has “a pair of events scheduled … with current and former Goldman executives.” Clinton, for her part, is not quite as far along on the shadow campaign trail as Bush.

And in marked contrast to the official primary on the Democratic side — and perhaps on the Republican side, too, if Walker keeps saying dumb stuff like this — the one for Goldman is neck-and-neck. Instead of trying to persuade the bankers that theirs is the superior policy vision, these crypto-candidates will probably argue that they’re the better spokesperson for winning over the real customer here — you. And so long as the U.S. is at least a nominal democratic republic, the president of the United States needs to be the candidate who won at least a plurality of the popular vote — although this rule is admittedly not hard-and-fast. Keeping in mind, then, that all the contestants in the Goldman primary basically agree on the issues, the only question for the folks at Goldman is whether they think Bush or Clinton delivers the better sales pitch.

Rather than make it easier for Wall Street to go back to its earlier wheeling and dealing, the public strongly supports the so-called Robin Hood tax on financial transactions. But I wouldn’t worry too much if I were them, because whoever the winner is will be able to draw upon the Goldman Sachs brain trust’s expertise — and nobody but nobody out there knows more than them when it comes to passing off a rotten deal.

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