Wall Street Millionaires Compare Themselves to “Battered Wives”
Bill Moyers spoke on Friday about a “new Guilded Age” running roughshod over the U.S., which he discussed with journalists Chrystia Freeland and Matt Taibbi.
“You know, there was an activist investor who sent an e-mail to his friends,” Freeland said. “The subject line is, ‘battered wives.’ And in the e-mail he compares himself and his fellow multi-millionaires to battered wives who are being beaten by the president. He actually uses those words.”
And while the rich fight to get richer, Taibbi said, the Democratic Party shifted toward not fighting for the poor like it used to, starting with increased fundraising pushes during Bill Clinton’s presidency.
“Economically, they began to side more and more with Wall Street and more and more with the very rich,” he said. “And they’ve, I think we’ve now reached the point where neither party really represents the very poor in the way that the Democrats maybe used to. And so, that there’s, that’s why, you know, you don’t see it in the debates, because neither party is really an advocate for that kind of left behind class anymore.”
(Source: PBS and RawStory.com)