Wall Street Journal - Letters to the Editor. This is about Michael Bloomberg (the next President of the United States) and a fucktard liberal extremist who wants to destroy the American economy.

OPINION

LETTERS

Sen. Elizabeth Warren Created Opening for Michael Bloomberg

Michael Bloomberg thoroughly understands business, Sens. Elizabeth Warren and Bernie Sanders do not.

November 15, 2019

Regarding your editorial “The Water’s Fine, Mr. Bloomberg” (Nov. 9): I am a moderate Democrat and this is your first editorial in some time that I agree with completely. Michael Bloomberg thoroughly understands business, Sens. Elizabeth Warren and Bernie Sanders do not. Sen. Warren wants to break up Amazon and other large tech companies to protect smaller firms. A close reading of the policy proposals on her website indicates to me she thinks the Warren administration could manage competition better than the market itself. I see her, 100 years ago, fighting—one of her favorite words—to protect the horse-and-buggy industry from Ford and GM. Sen. Warren should add an expert who understands economies of scale and scope in high tech to her group of advisers. That is highly unlikely, as I expect that individual would not adhere to Sen. Warren’s party line.

In the 2016 primaries, Sen. Sanders was asked how he would get the money to fund his programs. He blustered (as usual): “We’ll get it from Wall Street.” These two senators often use the words “Wall Street” and “corruption” interchangeably. Sen. Warren appears to have little or no appreciation that Wall Street, if imperfectly, mobilizes capital to build companies and create jobs. She constantly proclaims, “I am a capitalist to my bones.” If so, her capitalism is very well concealed.

But Elizabeth Warren has done one good thing, she brought Michael Bloomberg into the race.

Prof. James E. McNulty
Florida Atlantic University
Boca Raton, Florida