Wall Street Democrats May Bolt if Elizabeth Warren is the Nominee
October 1, 20190
It may come as a surprise to many readers, but a lot of Wall Street traders and movers and shakers are Democrats. As a piece in the Huffington Post suggests one Democratic tradition, which includes the 19th Century President Grover Cleveland and, oddly. President Bill Clinton views big business as the engine of economic progress. Clinton especially found himself agreeing to treat Wall Street with a light hand in return for economic good times. Wealthy Wall Street investors could be liberal on social issues and favor a generous welfare state so long as they were allowed to keep making money.
The Wall Street Democrats were in the ascendance up through in 2016 election when Hillary Clinton, representing this old order, and Bernie Sanders, representing the insurgent socialist wing of the Democratic Party, which partly stemmed for the FDR tradition of hammering big business as the enemy of the working people, fought it out.
https://rightwing247.com/2019/10/01/wall-street-democrats-may-bolt-if-elizabeth-warren-is-the-nominee/