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 11 March 19 Starving RSN - Not Fair!
The key to the funding issues is simple: A great number of people like and come to RSN, however, most ignore the fundraising appeals.
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Marc Ash
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11 March 19
RSN: Norman Solomon | Joe Biden on the Relaunch Pad: He's Worse Than You Thought
Norman Solomon, Reader Supported News
Solomon writes: "On the verge of relaunching, Joe Biden is poised to come to the rescue of the corporate political establishment."
Norman Solomon, Reader Supported News
Solomon writes: "On the verge of relaunching, Joe Biden is poised to come to the rescue of the corporate political establishment."
EXCERPT:
When Biden read this paragraph in a recent Politico article, his ears must have been burning: “Early support from deep-pocketed financial executives could give Democrats seeking to break out of the pack an important fundraising boost. But any association with bankers also opens presidential hopefuls to sharp attacks from an ascendant left.”
The direct prey of Biden’s five-decade “association with bankers” include millions of current and former college students now struggling under avalanches of debt; they can thank Biden for his prodigious services to the lending industry. Andrew Cockburn identifies an array of victims in his devastating profile of Biden in the March issue of Harper’s magazine. For instance:
** “Biden was long a willing foot soldier in the campaign to emasculate laws allowing debtors relief from loans they cannot repay. As far back as 1978, he helped negotiate a deal rolling back bankruptcy protections for graduates with federal student loans, and in 1984 worked to do the same for borrowers with loans for vocational schools.”
** “Even when the ostensible objective lay elsewhere, such as drug-related crime, Biden did not forget his banker friends. Thus the 1990 Crime Control Act, with Biden as chief sponsor, further limited debtors’ ability to take advantage of bankruptcy protections.”
** Biden worked diligently to strengthen the hand of credit-card firms against consumers. At the same time, “the credit card giant MBNA was Biden’s largest contributor for much of his Senate career, while also employing his son Hunter as an executive and, later, as a well-remunerated consultant.”
Media mythology about “Lunch Bucket Joe” cannot stand up to scrutiny. His bona fides as a pal of working people are about as solid and believable as those of the last Democratic nominee for president.
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