- Dec 6, 2015
- Reaction score
- Political Leaning
Joe Biden Just Made a Big Promise to His Wall Street Donors
Damn, this is probably the worst thing Biden's had to say on the matter of corporate reform since he promised mega donors that "nothing would fundamentally change" when pleading for their money. It's a damn fortunate thing for Joe that Trump has proven himself such a completely untenable alternative and so utterly unworthy of four more years that we on the left really do have nowhere to go without unacceptably strengthening Donnie.Here’s the relevant section, reviewing what Biden said:
Second question, again from Mr. Gray, who noted that there are “a bunch of business leaders” on the line. “What do you think is essential to get this economy rolling again?”
“I come from the corporate state of American, many of you incorporated here,” said Mr. Biden. “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."
There’s an obvious contradiction here. 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.
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.”
Now sure, you can try to write this off as just another gaffe — good ‘ol Joe being good ol’ Joe. But it is part of a pattern.