The NYT Sounds Alarm over Brats victory

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Zebo

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Jul 29, 2001
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http://www.nytimes.com/2014/06/15/b...he-gop-a-cantor-effect.html?hpw&rref=business

Either the censors of the New York Times, also known as the "editors," were taking a long weekend, or the Times felt that it had to issue a warning to the ruling elite last Sunday. They are in danger of losing their Empire, both domestic and foreign. All this is heralded by the defeat of the deeply malign Eric Cantor by the libertarian-leaning, GOP populist, Professor David Brat.

The Times began thus: "The day after Eric Cantor became the first congressional leader in modern times to lose his seat in a primary, one of the biggest aftershocks occurred not on Capitol Hill or in the sprawling Richmond suburbs…. but on the New York Stock Exchange."

The first to fall was one of the titans of the military industrial complex, Boeing. Said the Times, "The share price of Boeing tumbled, wiping out all the gains it had made this year, a drop analysts attributed to the startling defeat (of the Israel Firster, Cantor)."

But it went beyond that. Continued the Times, Brat , is an "economics professor who campaigned on throwing corrupt Wall Street bankers in jail (and) railed against crony capitalism…" Further, "Mr. Cantor’s loss is much more than just symbolism. He has been one of Wall Street’s most reliable benefactors in Congress. And Mr. Brat used that fact to deride the majority leader as someone who had rigged the financial system. In one recent speech, he accused lawmakers like Mr. Cantor of favoring ‘special tax credits to billionaires instead of taking care of us, the normal folks.’"

Them’s fightin’ words, and they clearly disturbed the big financial bourgeoisie. The NYT report quoted one of the biggest of them, who might fear that Professor Brat would like to toss him into the clink: "Lloyd C. Blankfein, Goldman’s chief executive, called the loss of Mr. Cantor ‘stunning’ and praised him as a sensible legislator in an interview on CNBC." Blankfein should console himself that Professor Brat is speaking only of jail not tumbrils. One might wonder at this point why progressives like Tom Hayden and Katrina Vanden Heuval are not rushing to embrace Professor Brat. After all, on all these points he is closer to what they parade as their beliefs than is Obama whom they have supported with some vigor. Could their reticence be due to the lack of a "D" trailing after his name? If not running on empty, they are certainly running on herd instinct.
 

Anarchist420

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i am very happy that more people are realizing that the market is populist and that the State is elitist. jefferson was pro-market and hamilton was anti-market but fdr tricked people into forgetting that. cantor was clearly anti-market with his support for war and the MIC, his support for forced foreign "aid", his support for no child left behind, his desires to keep all the federal bureaucracy including keeping most if not all of the unaffordable care act, his support for execessive public expenditure under bush, and the role he took in get medicare part D enacted. he was a hamiltonian (just like hillary clinton) to his rotten core and it is good to see him gone.

Ron Paul or Secession 2016 FTW!
 
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