The Oligarchs Are About to Bare Their Teeth

February 25th 2020

By hankg (of the Daily Kos community)

For decades the 1/10th of 1% has controlled the policy, regulation, and law coming out of Washington DC. The financial deregulation, tax policy, and austerity pushed by both parties have made a tiny few grotesquely wealthy at the expense of the American Dream. It has given us the over-leveraged, unsustainable economy that resulted in the financial crisis of 2008. Post-2008 Wall Street made sure little changed, and now Trump has removed the few remaining constraints to abuse and excess. As a result, the current financial system is more fragile and loaded with risk than in 2007. We are headed for another crash, thanks to the sociopathic greed of the billionaire class.

The movement Sanders has built and the shocking electoral success it is having is an existential threat to their scam. They were confident that Bloomberg's cash would save the day. But now it looks like their money can no longer guarantee them control of the Democratic Party.

'Liberal' MSNBC went into total meltdown as the Nevada results came in. The amount of vitriol directed at Sanders would have made Fox news proud. The panic at MSNBC is a reflection of the mindset of their bosses.

Former Goldman Sachs CEO, Democratic party donor, and Clinton backer Loyd Blankfein said:

I think I might find it harder to vote for Bernie than for Trump.
"I mean, honestly, if it's Bernie versus Trump, I have no fucking idea what I'm going to do," one Democratic hedge funder told me. "Maybe I won't vote.”

The threats started back when Warren was looking like she might be the nominee, a senior private equity manager:

You're in a box because you're a Democrat and you're thinking, 'I want to help the party, but she's going to hurt me, so I'm going to help President Trump...

Don't expect this bunch to run up the white flag and accept the will of the electorate in the primaries. There is too much money at stake. When it comes to the economy they are more in agreement with Trump than with Progressive Democrats. We have reached the point where it's going to be no more Mr. nice guy. As concern turns into outright panic the liberal mask that covers the plutocrats looting of the 99% will be dropped. Get ready for billions to be spent to bury Bernie in any way possible.

Sanders understood that this would be coming if he was successful. This will be the ultimate test for the movement on the road to beat Trump and restore America to working Americans. Now is the time to double down on donations, volunteering, and get out the vote efforts. It's about to get real.

Posted with permission