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Comment by RestlessMind | Hacker News Reader

I support existence of Billionaires and even admire some of them, unlike the left flank of the Democratic party. However, after reading such shenanigans, I sincerely wish for a clean sweep for Democrats in the upcoming election, to be followed by an intense crackdown on all the crazy loopholes used by the ultra-rich to cheat on their partners or their governments.

Ideally, if the new crop of leaders have any balls, they would make a prominent example of some asshole (Bosarge seems to fit that profile) just to send a message to everyone else. This was one mistake Obama did, when he went easy on all the Wall St idiots responsible for the GFC.

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What makes you think Democrats in government don't support billionaires?

Their tweets? The things they say to get elected?

I notice that you didn't say "the policies they enact when they get elected".

Democrats supposedly claim to want to "tax the rich" and give people social welfare programs. Of course at the same time democrats have been well known for corruption (see city of Chicago as an example) so I think their talk is rather fickle. Actions speak louder than words as they say.

Fair question - that's why I specifically called out Obama, and specifically referred to the left flank of Democrats (Bernie, Warren, AOC) who would back their rhetoric with some action. Warren, in particular, has demonstrated some good track record here with CFPB. I would certainly not expect anything from Biden, Schumer or Pelosi.

The only Democratic politicians interested in doing what you sincerely wish for are the further left flank, and they’d have no where near enough power in a Biden administration.

I’d be interested to check if any prominent Democrats that are more in Biden’s lane have actually come out and said that Obama errors in bailing out the rich during the GFC.

I’d guess no.

We live in a capitalist society, and as long as lobbying is permitted by law, billionaires, and their loopholes, are not going anywhere.

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