Corporate Democrats and Limousine Liberals

W.J. Astore

A friend sent along a story from The Intercept about a spoiled corporate Democrat running for the Senate in Wisconsin. The article’s title reads like satire but it’s all-too-telling of our American moment: Son of Wall Street Mogul Running for Wisconsin Senate Seat Was Pleasantly Surprised Milwaukee Is a Normal City: “What most surprised me,” said Alex Lasry, “is the fact that Milwaukee has all the same things as any city,” citing bars, restaurants, and an art scene.

Who knew Milwaukee was so sophisticated. Even an “art scene”! Alex Lasry sure has his finger on the pulse of the people. We need more Senators like him, moneyed and smug and elitist — and ignorant too. He’s perfect.

Some more details about the career arc of Alex Lasry, which is short and not bending toward justice:

Though he doesn’t note it in his bio, Lasry began as an intern at Goldman Sachs during college, while Lasry’s father was a major Goldman Sachs client. Marc Lasry was a bundler for Barack Obama’s 2012 presidential campaign, gathering $500,000 for his reelection, and he led a Wall Street effort to restore relations with the White House after the president mildly criticized the financial sector. His son then scored an internship in the White House in the Office of Public Engagement, run by senior adviser Valerie Jarrett, who was one of the White House’s key links to the CEO class. The White House gig was his first job out of college, and he rose through the ranks of the office. From there, he returned to Goldman Sachs as an analyst in their government affairs department.

More recently, Alex Lasry helped lead the effort to bring the Democratic National Convention to Milwaukee in 2020 as finance chair of the city’s host committee. Lasry was also in the news this month for getting his Covid-19 vaccine, though the state’s 69-year-old governor had yet to get his.

Vitally important people like Lasry, who’s 33 years old, obviously need the Covid vaccine and pronto. I’m 57 and my wife and I joke that our scheduled date for the Covid vaccine is the 12th of never. But, heck, who are we?

It’s sure nice to see the Democratic Party so focused on “everyday” people, as Hillary Clinton called them. There are few people more down to earth, more relatable, than Goldman Sachs royalty or those like Hillary who take their money.

And the Democrats wonder why so many Americans saw and continue to see a clown like Trump as a viable alternative. One thing you can say for Trump: as much as he lies, there is an honesty to him. He’s a rich blowhard who’s out for himself and he doesn’t care who knows it. Limousine liberals are more circumspect, or more hypocritical if we’re being blunt, which makes Trump’s naked greed seem strangely refreshing.

Finally, maybe America should be more honest with itself and just elect Senator Goldman Sachs, Senator Raytheon, Senator Walmart, Senator Lockheed Martin, Senator Monsanto, and so on. Then again, why should the puppeteers come out from behind the curtain when the senatorial puppets they control are dancing so prettily and obediently?

Addendum: Of course, examples of GOP senatorial hypocrisy are legion; consider this article by David Sirota. Ready for a third party, anyone?

Bernie is More Generous to Workers than Hillary

Bernie

Last night’s town hall in Nevada revealed a crucial difference between Bernie Sanders and Hillary Clinton.  Bernie came out strongly for a $15 per hour minimum wage.  A living wage, as he called it.  Hillary demurred, suggesting that $12 per hour was sufficient, though she mentioned municipalities with higher minimums (places like San Francisco, which have a very high cost of living).

An extra $3.00 and hour, for 40 hours a week, for 50 weeks a year, is an extra $6000 in the pockets of workers (before taxes, of course).  For many working families, that’s the difference between struggling in poverty and making enough to live with a modicum of security.

Hillary went unchallenged on her $12 per hour figure.  But let’s remind ourselves that Hillary made $675,000 for three speeches to Goldman Sachs.  A person working for Hillary’s “generous” $12 wage would need 28 years to match what she made in three speeches that took her all of a few hours to make.

Indeed, Hillary’s “minimum wage” for her speeches to big banks and Wall Street is in the neighborhood of $100,000 to $200,000 per hour.  “Hey, that’s what they offered,” Hillary said.  And so Hillary is offering you, sales associate at Walmart, $12 per hour.  Are you not entertained?

When asked if she’d release transcripts of her speeches to the Wall Street banks and investment houses, Hillary essentially said no.  Of course, she didn’t say “no” because that would be honest.  Instead, she said she’d release her transcripts if all the other candidates did the same.  She knows that’s not happening, so her answer is no.

Perhaps Hillary could contact Goldman Sachs and ask them to start inviting workers to give speeches at her going rate.  A lot of American working families would deeply appreciate making $225,000 for a couple of hours of sharing their hard-won experiences with Wall Street bankers and investors.