As Bernie surges, the Democratic establishment is having conniptions. The editorial boards and columnists of the Washington Post and New York Times are increasing their attacks on Bernie while endorsing Hillary. Democratic members of Congress, governors, and mayors are endorsing Hillary. Executives of major corporations and Wall Street are increasing their donations to Hillary’s super PACs (and letting Democratic politicians and the top editors of major media they mustn’t allow Bernie to become the nominee).
Yet all this appears to be backfiring, for one simple reason: Formal endorsements and other displays of establishment support for Hillary and attacks on Bernie are proving Bernie’s point that he threatens the moneyed interests that have gained increasing influence over much of Congress and the mainstream media. And that the only way to reverse the vicious cycle of wealth and power that's undermining American democracy and distributing most economic gains to the top is through a movement to wrest control back from the moneyed interests.
What do you think?
Reich
Yet all this appears to be backfiring, for one simple reason: Formal endorsements and other displays of establishment support for Hillary and attacks on Bernie are proving Bernie’s point that he threatens the moneyed interests that have gained increasing influence over much of Congress and the mainstream media. And that the only way to reverse the vicious cycle of wealth and power that's undermining American democracy and distributing most economic gains to the top is through a movement to wrest control back from the moneyed interests.
What do you think?
Reich
