In truth, our affluent, establishment Democrats core dogmas – education is the solution to all problems, professionals deserve to lead, the downfall of the working class is the inevitable price we pay for globalization

I was suprized to see this article in the Guardian.  The image of the Republicans as the party of big business is shattered.  Clinton led the transition to Democrats as the party of Big Finance, Big Pharma, Big…

No wonder there is so much anger….

Stunned by the rise of Bernie Sanders, Hillary Clinton has been at pains to assure the Democratic rank and file that she too understands their concerns; that just like her rival, she is capable of denouncing wealthy interests, of promising to break up big banks and even of hinting that she might prosecute powerful financiers.

After her landslide defeat in New Hampshire last week, she conceded that “the way too many things were going just wasn’t right”. There was a difference between her and the senator from Vermont, however: she was the candidate who would get things done, who could “actually make the changes that make your lives better”.

These are noble sentiments. Unfortunately, what voters are rejecting is not Hillary the Capable; it is the party whose leadership faction she represents as well as the direction in which our modern Democrats have been travelling for decades.

…Unfortunately, focusing on the money being mustered behind Hillary Clinton by various lobbyists and Wall Street figures misses this point. The problem with establishment Democrats is not that they have been bribed by Goldman Sachs, Morgan Stanley and the rest; it’s that many years ago they determined to supplant the GOP as the party of Wall Street – and also to bid for the favor the tech industry, and big pharma, and the telecoms, and the affluent professionals who toil in such places.

Consider the revolving door between Washington and Wall Street, which drew so much public outrage in the early days of the Obama administration … or the revolving door between Washington and Silicon Valley, which has been turning briskly in recent years without much public notice at all. Or the deal the pharmaceutical companies got as a result of the Obamacare negotiations. Or the startlingly different ways in which Obama’s Treasury Department treated beleaguered bankers and underwater homeowners. Or the amazing double standard his Justice Department seems to have erected for dishonest mortgage financiers and dishonest mortgage borrowers. Or the way office-holding Democrats of nearly every rank throw money at the people they call “innovators” while telling working-class Americans that little can be done about their ruined lives.

http://www.theguardian.com/global/2016/feb/16/the-issue-is-not-hillary-clintons-wall-st-links-but-her-partys-core-dogmas?CMP=Share_iOSApp_Other