Ian Miller writes for Outkick.com about a major banking executive’s critique of the Democratic Party’s drift.
One of the most powerful executives in the financial industry did not mince words when talking about the modern Democrat Party.
Jamie Dimon, the CEO of JPMorgan Chase, absolutely went off on the political left, its terrible ideas, and even worse execution.
“I have a lot of friends who are Democrats, and they’re idiots,” Dimon said, per Bloomberg, while speaking at a foreign-ministry event in Ireland.
“I always say they have big hearts and little brains. They do not understand how the real world works. Almost every single policy rolled out has failed,” he added.
How did the Democrats go so far in the wrong direction? Per Dimon, an obsession with Diversity, Equity and Inclusion policies and mandates that focused on misplaced priorities.
“They overdid DEI. We all were devoted to reaching out to the Black community, Hispanic, the LGBT community, the disabled — we do all of that,” Dimon said. “But the extent, they got to stop it. And they got to go back to being more practical. They’re very ideological.”
Dimon also went after the Biden administration for not having “one business person” involved in advising the former president. Or whoever was making decisions for him. Dimon said he was “speechless” about Biden’s “lack of knowledge.”
Which, to criticize Dimon here, he should not have been surprised by, given Biden’s decades-long track record of incompetence.
He touched on the latest star of the Democrat Party: New York City mayoral candidate Zohran Mamdani. Mamdani, who openly espoused socialist or communist ideology, among many other inexcusable failings, is promoting “ideological mush,” per Dimon.
“He’s more of a Marxist than a socialist, and now you see these Democrats falling all over themselves saying, ‘Well, he’s pointing out some real problems, affordable housing and grocery prices.’ OK, maybe,” he explained. “There’s the same ideological mush that means nothing in the real world.”
The post Dimon on Democrats: ‘idiots’ with ‘little brains’ first appeared on John Locke Foundation.
Click this link for the original source of this article.
Author: Mitch Kokai
This content is courtesy of, and owned and copyrighted by, https://www.johnlocke.org and its author. This content is made available by use of the public RSS feed offered by the host site and is used for educational purposes only. If you are the author or represent the host site and would like this content removed now and in the future, please contact USSANews.com using the email address in the Contact page found in the website menu.
