Hillary’s Wall Street backers: We know she has to placate the serfs with populist rhetoric

Goldman hillaryEveryone on Wall Street knows that Hillary is there for them. Sure she’s going to talk a good lefty-populist game but everyone knows that it’s bull. It’s part of the game. Tell the “politically unsophisticated” whatever they want to hear. People will forget. They always do. Accountability? Shoot this is 2015, post bailout. Accountability is for suckers.

Having a hard time making your car payment? Oh I understand. I eat at Chipotle too. Late on rent? CEOs make too much money!

Just say whatever. The American people are too “politically unsophisticated” to realize they’re being played. Ready for Hillary!

(From Politico)

Anyway, say senior financiers, any grumbling comes from those who do not understand political reality or who are predisposed to oppose Clinton. They take refuge in the idea that Clinton’s rhetoric is more reflective of political necessity than some deep-seated animosity toward the wealthy.

“Basically this is a Rorschach test for how politically sophisticated people are,” said one Democrat at a top Wall Street firm. “If someone is upset by this it’s because they have no idea how populist the mood of the country still is. And what she said is just demonstrably true. People at the top have done well and those at the bottom not so well.”

“The fact is,” the Democrat added, “if she didn’t say this stuff now she would be open to massive attacks from the left, and would have to say even more dramatic stuff later.”

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