Delaware Has a Lot to Fear From Elizabeth Warren
Maybe you saw the story about CNBC shouter Jim Cramer saying Wall Street was freaking out about the possibility of a President Elizabeth Warren, claiming he’s heard a lot of people saying “She’s got to be stopped.” According to this article previewing tonight’s debate, it’s not just Wall Street that should be worried. She’s got more than Joe Biden in her sights — and Delaware’s selfish, corporate-coddling policies are right there with him.
She’s gonna gitcha, Delaware!
The kind of structural changes to Wall Street that Warren envisions take aim at some of the pillars of Delaware’s symbiotic relationship with corporations. She wants to end shareholder primacy, which would take away one reason for businesses to incorporate here. She wants to force corporations to file for bankruptcy in the states where they’re actually domiciled instead of where they’re incorporated, which would be a major blow to a steady cash flow for the legal profession, Wilmington’s last major business. She wants to undo the bankruptcy law Biden helped pass, which would hurt the banks. If Delaware’s doing it, Elizabeth Warren wants to change it.
Is Biden — the guy who said truth is more important than facts, the guy who thinks he’s maybe in Vermont — really the guy Delaware wants defending its corporate policies to a national audience if Warren starts to grill him? I think not.
Don’t get me wrong, I’m with Warren on this. But when it finally happens, Delawareans will scream like stuck pigs at having to the state’s bills with tax revenue instead of the fees they get for allowing corporate irresponsibility.
Capitalism is killing itself having enshrined unrestrained greed as a virtue. The press will not be able to contend with this, but Warren is on a mission to save capitalism.
Just look at Delaware’s sustainability problem. Fresh water only 10% left, Air ozone just 6% left. We are being polluted by PA & WVA coal fired electrical plants. We are 2nd from the bottom in cancer. Infant mortality is one of the highest in the state. This low tax low service is bull shit. Elizabeth Warren please save our sorry asses from our weapons of mass destruction politicians.
She’s my favorite candidate. I think she’d eat Trump alive in the debates.
The way they talked about Wells Fargo not being able to find a CEO b/c of the fear of Elizabeth Warren was so odd and contrived. It was like someone was in their ear telling them to figure out a way to talk about her during the segment
Flag on the comment. Proof that Delaware only has 10% of what fresh water remaining? The fresh water in your toilet tank? Delaware’s corporate corruption must go, the Chancery court is in a shambles of ” splaining their actions”. What is left of the Police state should be dismantled and re imagined.