Wednesday 24 February 2016

Is This The Death Of The American Political Establishment? | Zero Hedge

Is This The Death Of The American Political Establishment?


Step back from the campaign fray for just a moment and consider the enormity of what’s already occurred.
A 74-year-old Jew from Vermont who describes himself as a democratic socialist, who wasn’t even a Democrat until recently, has come within a whisker of beating Hillary Clinton in the Iowa caucus, routed her in the New Hampshire primary, and garnered over 47 percent of the caucus-goers in Nevada, of all places.
And a 69-year-old billionaire who has never held elective office or had anything to do with the Republican Party has taken a commanding lead in the Republican primaries.
Something very big has happened, and it’s not due to Bernie Sanders’ magnetism or Donald Trump’s likeability.
It’s a rebellion against the establishment.
The question is why the establishment has been so slow to see this. A year ago – which now seems like an eternity – it proclaimed Hillary Clinton and Jeb Bush shoe-ins.
Both had all the advantages – deep bases of funders, well-established networks of political insiders, experienced political advisors, all the name recognition you could want.   
But even now that Bush is out and Hillary is still leading but vulnerable, the establishment still doesn’t see what’s occurred. They explain everything by pointing to weaknesses: Bush, they now say, “never connected” and Hillary “has a trust problem.”
A respected political insider recently told me most Americans are largely content. “The economy is in good shape,” he said. “Most Americans are better off than they’ve been in years. The problem has been the major candidates themselves.”  
I beg to differ.

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