Wall Street still betting big on Jeb Bush

[Yo_Mama_Been_Loggin]

Wall Street is still betting on Republican presidential candidate Jeb Bush, fundraising reports released Thursday show, despite a precipitous slide in the polls that cost him his front-running status.

But in a sign of how Mr. Bush’s fundraising pace has slowed down, he raised less from the financial industry in the last three months than he did in the first 15 days of his campaign alone.

Of the top 10 employers listed by Mr. Bush’s donors, half are financial firms: Goldman Sachs Group Inc., Morgan Stanley, Merrill Lynch, Neuberger Berman and Barclays, where Mr. Bush previously worked as a consultant making about $2 million a year.

In the three months that ended Sept. 30, Mr. Bush raised about $200,000 from the employees of 11 major financial firms, less than 60% of what he raised from those firms in the first 15 days of his campaign, in June.

That is roughly seven times the amount collected apiece by Florida Sen. Marco Rubio, New Jersey Gov. Chris Christie and Ohio Gov. John Kasich, and 11 times the amount collected by Texas Sen. Ted Cruz, whose wife is on leave from her job as a managing director at Goldman Sachs.

http://www.msn.com/en-us/money/markets/wall-street-still-betting-big-on-jeb-bush-overlooking-slide-in-polls/ar-AAfwnk6?li=AA4Zjn&ocid=spartandhp

[tularetom]

1. Bush v. Clinton in the general election = end of the two party system

If the best we can do after all the money thats been spent, all the millions of gallons of ink that's been used, all the trees that have been killed, is those two, the general election will have the lowest turnout in history and we will be looking at our third (and possibly dumbest) president Bush.

But there will be consequences and the backlash that develops will result in the rise of third (and maybe even fourth) political parties.

[PSPS]

2. It's mathematically impossible for any third party to win.

It would be different if we had a parliamentary system, but we don't. Our "winner takes all" system means no third party can win. The only hope is, as Sanders repeatedly says, a "political revolution" in which we take back the democratic party.