Wall Street billionaire thinks Hillary Clinton was going to deliver precisely the correct amount of social justice

Lloyd Blankfein, who amassed a fortune of more than $1 billion while working at Goldman Sachs, was a supporter of Hillary Clinton, and therefore justice, back in 2016 (Business Insider). It made sense to Mr. Blankfein to have higher income tax rates, at least for individuals and corporations that did not push activities offshore (with help from Goldman?), to fund a larger welfare state.

If helping 50 percent of Americans with fatter government paychecks and welfare checks (Hillary) is good, then helping 80 percent (Bernie) has to be better, right?

Wrong! Apparently one can have too much social justice. “Bernie Sanders Would ‘Ruin Our Economy,’ Says Ex-Goldman Sachs Boss” (NYT, February 12):

Lloyd Blankfein warned on Twitter that Mr. Sanders was “just as polarizing” as President Trump.

Bernie Sanders has proposed a wealth tax on the richest Americans, blasted big businesses for turning huge profits while paying little in taxes and said he believed billionaires should not exist.

“If I’m Russian, I go with Sanders this time around,” he wrote, referencing that country’s efforts to support Mr. Trump in 2016.

(i.e., to discourage working class Americans from referring to The International Jew, a Wall Street billionaire Jew says that U.S. election outcomes are determined from a foreign capital; nobody would ever make the leap in reasoning from “The most important things in the U.S. are controlled by Putin and his buddies” to ” The most important things in the U.S. are controlled by international Jewish financiers”)

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3 thoughts on “Wall Street billionaire thinks Hillary Clinton was going to deliver precisely the correct amount of social justice

  1. The question that I am thinking about is, “From Bernie Sander’s perspective, is it hurtful, or helpful, to have a guy like Lloyd Blankfein criticize him?” To Bernie Sanders and his followers, and quite possibly a sizeable percentage of the public, Lloyd Blankfein and the likes of him are basically the bad guys, being the CEO’s of the big banks that directly or indirectly caused the financial crisis of 2008, and who benefited overwhelmingly from the government bail-out’s, at the expense of the public in general. So, isn’t having a bad guy criticize Bernie Sanders basically a great endorsement? In fact, if Lloyd Blankfein were to say something to the effect of “I love Bernie Sanders. He will be great for wealthy bankers like myself.”, wouldn’t that be much more damaging to Bernie?

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