There is growing concern about Biden among progressives because he has made the decidedly ill-advised move of using the infamous Larry Summers as an advisor. Summers is the man who played an outsized role in the creation of Frankenbanks on Wall Street in 1999 with his push to repeal the Glass-Steagall Act and the deregulation of derivatives in 2000 as Treasury Secretary in the Clinton administration.

Trumpism After Trump: Will the movement outlive the man?

May 10, 2020May 10, 2020 Tina Marie (Ms. Cat)

For Trump was doing tricky ideological lifting that went all but unappreciated by the NatCons. He fed the richest in society in the currency they prefer—dollars—and he fed his fans lower down with a temporarily effective substitute—recognition. It takes a certain talent to keep so much in the air. The Trumpists will survive the end of Trump, but they will also inherit Trump’s circus act. The dimmer NatCons aspire to sustain the performance; the more earnest want to slip an actual popular agenda into the mix. But when the time is ripe, the Grand Old Party will treat Trumpian idealism like any debt-ridden entity, selling it for what they can, once they’ve stripped it of its parts.

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