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Hysterical billionaire says Warren will shut down the stock market if she wins [View all]
NEW YORK — Hedge fund titan Leon Cooperman said he’s concerned about a shift to the left in the political landscape, which could harm the economy and the stock market.
“There’s unquestionably a shift to the left in this country,” Cooperman said at the Delivering Alpha conference presented by CNBC and Institutional Investor. “They won’t open the stock market if Elizabeth Warren is the next president.”
“You don’t make the poor people rich by making rich people poor,” Cooperman said. “The Democratic party seems to be leaning towards the left to the policy, which is very harmful for the economy. I don’t like the shift to the left.”
Senator Warren has been moving up in the crowded Democratic presidential field, polling only second to former Vice President Joe Biden in a new NBC/WSJ poll. She is a champion for the left wing for her bank-bashing and wealth-taxing proposals.
Warren has made an aggressive economic populism the signature of her White House bid. She has proposed a new wealth tax on assets above $50 million, and a new minimum tax on the profits of the largest corporations, to help finance new government benefits for child care, health care, housing and education.
In an interview with CNBC in January, Warren said “I want these billionaires to stop being freeloaders.”
https://www.cnbc.com/2019/09/19/leon-cooperman-fears-a-shift-to-left-they-wont-open-the-stock-market-if-elizabeth-warren-wins.html
“There’s unquestionably a shift to the left in this country,” Cooperman said at the Delivering Alpha conference presented by CNBC and Institutional Investor. “They won’t open the stock market if Elizabeth Warren is the next president.”
“You don’t make the poor people rich by making rich people poor,” Cooperman said. “The Democratic party seems to be leaning towards the left to the policy, which is very harmful for the economy. I don’t like the shift to the left.”
Senator Warren has been moving up in the crowded Democratic presidential field, polling only second to former Vice President Joe Biden in a new NBC/WSJ poll. She is a champion for the left wing for her bank-bashing and wealth-taxing proposals.
Warren has made an aggressive economic populism the signature of her White House bid. She has proposed a new wealth tax on assets above $50 million, and a new minimum tax on the profits of the largest corporations, to help finance new government benefits for child care, health care, housing and education.
In an interview with CNBC in January, Warren said “I want these billionaires to stop being freeloaders.”
https://www.cnbc.com/2019/09/19/leon-cooperman-fears-a-shift-to-left-they-wont-open-the-stock-market-if-elizabeth-warren-wins.html
If I were to vote in a presidentialprimary today, I would vote for: Undecided
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