Democratic Party embraces racist, sexist Bloomberg
Billionaire Michael Bloomberg, a tried-and-true racist, sexist, and fascist of the internationalist main wing of the U.S. ruling class, is rising in the polls after spending $338 million on media ads—to date—in his bid for the presidency. Bloomberg’s candidacy reveals the dilemma of the banks and multinational corporations that rule the U.S. When Donald Trump beat Hillary Clinton to win the presidential election in 2016, it marked finance capital’s loss of control over the Republican Party. Trump has mostly allied with the isolationist Small Fascists led by the Koch family, the “Fortress America” capitalist bosses who don’t want to invest in a global war with China and/or Russia. As a former stock and bond trader who made his fortune by selling data to Wall Street, Bloomberg and his checkbook candidacy reflect a desperate bid by the main wing, the Big Fascists, to impose direct control over the elections and the state apparatus. But unfortunately for the bosses, Bloomberg brings a lot of negative baggage with him.