Fw: Nosedive: The Democrats the Day After

Doug Henwood dhenwood at panix.com
Mon Nov 11 10:25:46 PST 2002


Dddddd0814 at aol.com wrote:


>Who's not acknowledging the difference? By and large, the Democrats are on
>the wing of capital represented mostly by domestic industry and labor union
>bureaucrats; the Republicans represent the wing of capital dominated by
>banking institutions and transnational investment.

Huh? Does the name Robert Rubin mean anything to you? Who ran around the world prying open capital markets? Contrast that with the Bushies, who have no Wall Streeters of any consequence in the admin, and a former industrialist at Treasury.

And "domestic" industry is far more Republican than the multinational kind. Who do you think is the driving force behind gutting regulations and letting the minimum wage erode? If anything, the Reps are the party of certain regions and industrial sectors, and the Dems friendlier to capital-as-a-whole.

Doug



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