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Capn Sunshine

(14,378 posts)
Thu Sep 17, 2015, 06:47 PM Sep 2015

Hey, what's a "Corporate Dem"?

Can anyone define this for me? Maybe it's my work in the finance/ banking/ hedge fund industry. I can't figure this out. And why is it "Bad"? Seriously.

What irks me more than anything is someone with a "Elizabeth Warren wing of the party" icon calling Hillary a "corporate Dem" like it's a bad thing.

And yet Elizabeth Warren has taken TONS of $$$ from Wall Street Bankers, lobbyists, and Wall Street Lawyers. Senator Warren, and I love her to death, so don't take this the wrong way, is a beneficiary of a "different" Wall Street animal- not Bankers, but Lawyers.

She left her $350,000-a-year job at Harvard, where she was the Leo Gottlieb Professor of Law. That chair was endowed at his behest by the estate of Mr. Gottlieb by the law firm he founded, big time players Cleary-Gottlieb, which is not exactly doing the work of assisting middle-class Americans with their legal interests against the 1 Percent and their "Banksters". Instead, these lawyers make their living in part by helping representing multinational banks who among other things, did not want to pay their part of moneys received from Bernie Madoff back to the victims of his fraud. Other Law firms donating to Warren's campaign include criminal defense firms repping the asbestos industry and defendants in white collar crimes.

Of course donations by Democratic-leaning Wall Street Lawyers is not in and of itself anything one way or the other. But somehow she's NOT a corporate Dem?

This total incongruity of putting Elizabeth Warren on a Goddess pillar when her $ is as corporate as anyone else's. I don't get it.

For the record, I love Elizabeth Warren. But I know what reality is.



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shenmue

(38,506 posts)
1. Shhh, don't talk about reality. It isn't the done thing around here.
Thu Sep 17, 2015, 06:52 PM
Sep 2015

A "corporate Democrat" is someone who has a job.

Thinkingabout

(30,058 posts)
4. Maybe it is someone who doesn't believe in golden parachutes unless they are
Thu Sep 17, 2015, 08:02 PM
Sep 2015

To gain from the golden parachute.

postatomic

(1,771 posts)
8. If you figure it out please let me know
Thu Sep 17, 2015, 09:35 PM
Sep 2015

I work for a Corporation and I'm a Democrat. I guess that makes me a Corporate Dem.

I take meds that keep me alive so I guess that makes me a Big Pharma slave.

You know, I once thought that hypocrisy in politics was something that only Republicans practiced. Well, not so much anymore.

Sad.

One of my Fan Club members might come along to help clear it up for all of us.

Starry Messenger

(32,342 posts)
15. In the circles I run in, it usually means a candidate less oriented to labor.
Fri Sep 18, 2015, 10:37 AM
Sep 2015

(I'm specifically thinking of a candidate who keeps trying to unseat Mike Honda here in my neck of the woods, and losing.)

I've seen it get applied willy-nilly to anyone a certain type of progressive doesn't like, so I don't use it here. It's become meaningless and reductive.

And yes, no one gets elected without the support of the less right-wing sector of business, even the candidates that are more catnip-y to left-labor-grassroots.

Jamaal510

(10,893 posts)
16. At least half of the people
Fri Sep 18, 2015, 04:36 PM
Sep 2015

who use that term more than likely don't know its definition. It's just a handy term to use against a successful politician one dislikes.

treestar

(82,383 posts)
17. Somehow they thing "the corporations" are a negative
Sat Sep 19, 2015, 09:26 AM
Sep 2015

Which is an overly broad brush. As if the economy in modern times could function at all without some form of business organization.

Corporations come in all sizes. I think they really mean only the very large corporations or the multinationals, but they seem unaware of the fact most corporations are small or medium sized.

And that we work for them. They see a black and white "labor vs. management" thing where management is always wrong and in fact really wants to exploit the laborers as much as possible and squeeze them as much as possible. This may apply to a few here and there, but most people are not that malevolent. This meme assumes anyone who gets one rung above the worker at the bottom level is going to instantly turn malevolent.

Gothmog

(145,374 posts)
18. I also found this term offensive and sad
Sat Sep 19, 2015, 09:41 AM
Sep 2015

The use of this term is an attempt to paint the bulk of the party as not being true democrats and is wrong

 

Kang Colby

(1,941 posts)
19. It's meant to be an insult...
Wed Sep 23, 2015, 09:49 PM
Sep 2015

the connotation is that the politican favors corporate interests over labor, human rights, and the environment. In the case of Hillary Clinton it amounts to nothing more than mindless name calling by folks whose fantasy is life on a commune with free rent and utilities. Their dream is to spend each day aloof in the blogosphere taking periodic breaks only to play Xbox Live.

Hard working Democrats who have family and social responsibilities, a retirement plan, and some sense of direction in their lives don't buy into the rubbish and insults.

McCamy Taylor

(19,240 posts)
20. It's one that Forbes does not want us to vote for, according to some.
Thu Sep 24, 2015, 02:06 PM
Sep 2015

Of course, they live in bizarro world.

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