Joe Biden Assures Corporate Donors That He Supports No Legislation to Reign in Wall Street
Former Vice President Joe Biden has been paying lip service to the supporters of Sen. Bernie Sanders (I-VT), acting as if he is adopting socialist policies on the campaign trail to curry their favor.
However, nothing could be further from the truth, Biden assured Wall Street while meeting with them in a teleconference.
“What do you think is essential to get this economy rolling again?” asked Jon Gray, a leading executive with the influential Blackstone Group private equity firm, to Biden.
“I come from the corporate state of American, many of you incorporated here,” Biden responded. “It used to be that corporate America had a sense of responsibility beyond just CEO salaries and shareholders.”
“Corporate America has to change its ways. It’s not going to require legislation. I’m not proposing any. We’ve got to think about how we deal people back in,” he added.
David Sirota, a liberal political commentator and former Sanders speechwriter, is taking Biden to task for his rank hypocrisy.
“Before making these comments, Biden had previously promised to pass legislative initiatives to change corporate behavior on everything from climate change to tax policy. He has an entire section of his website outlining promises to pass corporate accountability legislation. He has received praise for these kind of promises,” Sirota wrote.
He added: “But now he’s telling his donors they can rest assured that legislation to change corporate behavior is not forthcoming. Indeed, read Biden’s comment again: “It’s not going to require legislation. I’m not proposing any.”’
In addition to being owned by Wall Street multinationals, Biden is also a tool of the red menace. Big League Politics has reported extensively on Biden being a Chinese pawn:
A new Trump campaign ad exposes Joe Biden’s shocking pro-China track record, exposing rhetoric that only seems tremendously obtuse in the midst of the global Chinese coronavirus pandemic and the authoritarian communist Chinese government’s economic predation of American jobs, industry, and wealth…
Outsourcing to China has already cost America more than 3.2 million jobs since the transfer of American manufacturing industry to the country began in earnest in the early 1990’s, when traditional establishment politicians such as Biden advanced the notion of ‘free trade’ with the communist dictatorship.
The ad points out Biden’s blatant flip-flop on President Trump’s early life-saving travel ban on China, a common-sense move the former Vice President claimed was “hysterical xenophobia.” Biden has since changed his mind, admitting the early travel ban was necessary.
Joe Biden has supported virtually every single globalist trade deal designed to facilitate the transfer of American wealth, industry and intellectual property to China. It’s rather surprising that his track record as an advocate for American partnership with China hasn’t been a topic of concern within the Democratic Primary, with democratic socialist Bernie Sanders only pointing out his disturbing trade track record once or twice in passing.
As a career politician in Washington D.C., Biden has supported all of the worst policies that have destroyed America over the past several decades.