Wall Street Donors Bailing Out On Warren

As CNBC reports, “Democratic donors on Wall Street and in big business are preparing to sit out the presidential campaign fundraising cycle — or even back President Donald Trump — if Sen. Elizabeth Warren wins the party’s nomination.”

Given that Warren has declared war on wealth and the wealthy, I am not surprised. 

It is clear that Warren’s message of demonizing corporations and the wealthy—those who create wealth—is being heard loud and clear, and the backlash against her is entirely predictable.

But the most alarming part of this news for Warren should be that the donors in question are all Democrats, and that they are even considering voting for president Trump if she is the party’s nominee in 2020.