Video footage of a CNBC panel discussing banking and a certain 2020 presidential candidate made waves on social media.
When it comes to average voters, a big bank CEO’s opposition to a candidate is often more beneficial than the CEO’s endorsement.
TV Personality and financial commentator Jim Cramer spoke with other financial experts on the panel and they agreed unanimously, Big Banks want anyone but Senator Elizabeth Warren (D-MA).
Watch the exchange here.
“She’s got to be stopped.”
Jim Cramer and a @CNBC panel discuss Wall Street executives being absolutely terrified of Elizabeth Warren and how they’ve never seen anything quite like it before. This is the greatest Warren campaign ad possible. pic.twitter.com/VCrGOfxOX0
— Adam Best (@adamcbest) September 10, 2019
Cramer called Warren “a champion of the left wing for her bank-bashing and wealth-taxing proposals,” and he’s got a point. In a Senate hearing, Warren once told an infuriated Wells Fargo CEO to his face that he should be fired. Policy-wise, she’s called for a wealth tax and for greater restrictions on Wall Street.
Warren wrote in a Medium essay:
“To raise wages, help small businesses, and spur economic growth, we need to shut down the Wall Street giveaways and rein in the financial industry so it stops sucking money out of the rest of the economy.”
Considering the often predatory greed of big bank CEOs and giant corporations, that lack of endorsement was viewed as a positive rather than a negative.
“Liz Warren: A sub-optimal situation for the banks”
— Ted Houser (@tedhouser) September 10, 2019
If they dont want her..it makes me want her more
— Dan w (@Thunderdan01) September 10, 2019
It was even suggested Warren could use the comments as a campaign ad.
this honestly watches like it was made by a PAC on elizabeth warren’s behalf https://t.co/jmxH0AJrd1
— b-boy bouiebaisse (@jbouie) September 10, 2019
Between this and “nevertheless she persisted” I’m marveling at how Warren provokes her enemies into giving her good media.
— Nied (@BNiederer) September 10, 2019
This is a profound endorsement of Warren’s effectiveness. The campaign has to put this their advertising.
— Al Cohen (@alancohensf) September 10, 2019
Man, I bet Warren’s real bummed she’s lost the Jim Cramer fanboy demo. Tough blow to the campaign.
— Drew Gibson (@SuppressThis) September 10, 2019
The way they all laugh when he says “we had the least income inequality in the 50s and 60s” as if that outcome was a joke. Wow.
— Justin Weber (@jl_weber) September 10, 2019
I need this on a loop. Watching rich men talk about the squirming of richer men at the prospect of a candidate that talks about REAL change, it’s like the line to the guillotine. pic.twitter.com/UfESrv7B1X
— William Scot Grey (@wscotgrey) September 10, 2019
And Warren wholeheartedly agreed:
I'm Elizabeth Warren and I approve this message. https://t.co/2Ewkbm0ZwA
— Elizabeth Warren (@ewarren) September 10, 2019
As of Tuesday September 10, 2019 it is 419 days until the 2020 presidential election.
Senator Elizabeth Warren’s book This Fight Is Our Fight: The Battle to Save America’s Middle Class is available here.
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