So here’s your nice Democratic Senator of Virgina, Marc Warner, advising his constituents — rich, coporate elites — at the 2016 Milken Institute’s Global Conference on how they need to get more politically involved to counter the populist uprising. No this is not an Onion article. This is your standard circa-2016 Democratic leader. He is a perfect example of why we need a political revolution, including of the Democratic Party.
Sen. Mark Warner, D-Va., called on an audience of business and political elites earlier this week to respond to populist anger by lobbying harder for a deficit-reduction package that would reduce corporate tax rates and cut public retirement programs such as Social Security.
And too many here wonder why Bernie has so many ardent Democratic supporters? And some of you wonder why many of us are appalled at the Democratic “leadership” we have currently?
One of Sen. Warner’s solutions for the poor oppressed 1% elites? Build walled communities to stave off the pitchforks.
“If you don’t think the frustration of Americans with our overall system, — not just our political system, but our business system, our tax code — is at the boiling point, then Katy bar the door!,” he said. “The walls that are gonna have to be built, may not be at borders, they may be around neighborhoods the way they are in many Third World countries around the world,” says Mark Warner.
More from the source article, theintercept.com/...
Warner bemoaned that his years of efforts to strike a congressional “Grand Bargain” based on the Bowles-Simpson deficit reduction plan had resulted in failure.
The Bowles-Simpson plan was composed by an Obama-assembled bipartisan commission that included House and Senate lawmakers and was chaired by Erskine Bowles, a multimillionaire investment banker and Clinton administration alumni, and Alan Simpson, a former Senator-turned-corporate lobbyist.
The commission put together a plan that called for corporate tax reform focused on cutting the corporate tax rate and entitlement reform based on policies such as raising the Social Security retirement age. Obama never embraced the plan, but a group of lawmakers, including Warner, known as the “Gang of Six” put forth legislation that mirrored its recommendations.
By the way, the whining elite speaking with Mark Warner in the clip above (bearded man) is Mark Weinberger, CEO of Ernst Young. This is the same Ernst Young accounting firm that “admitted wrongful conduct” by its partners and employees in connection with four tax shelters from 1999 to 2004. About 200 Ernst & Young clients used the shelters to try to avoid more than $2 billion in taxes, prosecutors said. www.bloomberg.com/…
I would have more trust in DKos if they actually railed against this kind of Democrat vs every day railing against the GOP.
Do we really think that these Dems would spend so much time going to bat for the elites if they had to get their campaign financing from small donors?
Warner’s campaign contributors:
Top 5 Contributors, 2011 - 2016, Campaign Cmte| Blackstone Group | $97,300 | $86,300 | $11,000 |
| JPMorgan Chase & Co | $96,416 | $88,916 | $7,500 |
| Altria Group | $96,349 | $86,350 | $9,999 |
| Norfolk Southern | $72,938 | $62,938 | $10,000 |
| Blue Cross/Blue Shield | $72,850 | $42,350 | $30,500 |
| Securities & Investment | $1,636,328 | $1,414,128 | $222,200 |
| Lawyers/Law Firms | $1,307,964 | $1,114,340 | $193,624 |
| Retired | $1,094,973 | $1,094,973 | $0 |
| Real Estate | $742,950 | $653,324 | $89,626 |
| Insurance | $548,200 | $239,700 | $308,500 |