Wall street

Tuesday

Spectator Editorial

Mass extinction

That the so-called Extinction Rebellion decided to spray Wall Street’s ‘Charging Bull’ statue with fake blood says it all. The protest group, which originated in Britain but whose protests have spread to New York, Washington and Chicago, is fundamentally an anti-capitalist movement. It is merely the latest incarnation of the antiglobalization and Occupy movements. While those groups gained little traction with the general public, Extinction Rebellion has discovered that by mixing up its demands with concern for the environment, it can win support — or at least a passing kind of support — from a much wider band of the population.

extinction rebellion

Friday

Rob Crilly

The Democrats’ phony war on corporate PACs

It is the other litmus test for Democratic candidates for president. As well as embracing Medicare for All, we know by now that the progressive 2020 runner must also oppose corporate political action committee (PAC) donations. What better way to show disdain for Wall Street and the big donors? Cory Booker didn’t need to make his pledge when he tweeted his hat into the ring this morning. He took the vow last year. So too Kirsten Gillibrand, Elizabeth Warren, Kamala Harris, Julian Castro and the rest. Some in that list don’t need to burnish their Leftist bona fides. But Booker, like Gillibrand, has centrist credentials (the horror!) and is frequently accused of being a Wall Street lackey. At one time he received more cash from financial institutions than any other senator.

PACS cory booker

Saturday

Curt Mills

Peter Navarro slams Wall Streeters as ‘foreign agents’ hindering the White House

‘Wall Street and Goldman Sachs…here’s the most important thing,’ said Peter Navarro, the White House trade policy pointman, at a Washington think tank Friday. ‘When these unpaid foreign agents engage in this kind of diplomacy – so-called diplomacy – all they do is weaken this president and his negotiating position.’ The factionalism within the White House itself and the in-fighting over Washington’s China policy was on full display. The president’s encouragement of rival camps battling it out has often spilled over into plain view during the first two years of this administration.

peter navarro

Monday

Nick Rosen

How the Occupy movement saved Wall Street

Amid the slew of articles commemorating the 10th anniversary of the financial crisis there has been a curious silence about the role played by the Occupy movement. And Occupy did play a key role in developments, though not at all in the way its leaders intended. For a few months in 2011-12, Occupy had the attention of the world.

occupy wall street