Socially conservative

RTR4XVOEReuters/Brian SnyderRepublican presidential candidate Ted Cruz. His wife may have worked at Goldman, but this is not Wall Street's guy.For years, when it came to presidential candidates, Wall Street made huge compromises in order to support the Republican Party.

The money men in New York City set aside their socially liberal views in order to support fiscally conservative candidates because that was the only way to get on the same page as the GOP base.

The result has been a series of candidates Wall Street's big donors didn't really want.

It seems those donors are getting tired of that outcome.

Hedge fund billionaire Leon Cooperman recently vented his frustration with this arrangement on an episode of Wall Street Week.

"I tend to be more Republican in my views, but socially very liberal. I'm going to have trouble with any Republican that does not disavow a fixation with social issues, " he said.

"Republicans have to understand that because young people in our country are not grabbed by those issues."

Reuters/ Jeff Zelevansky Leon Cooperman.Republican candidates are not getting the message.

In fact, some social conservatives are actually hardening their stances before a new wave of younger voters has the mass to make a difference at the polls.

A recent Pew Research poll found that Republican Conservatives are the only group in America who have become less accepting of homosexuality over the last two years.

This is not what Wall Street wants to see.

Wall Street's ideal candidate is Michael Bloomberg — a billionaire businessman who's into environmental sustainability, urban development, infrastructure investment, and gay rights.

These are all socially conservative no-nos.

During the last presidential election, it looked like Wall Street might finally get the kind of Republican they were looking for — Mitt Romney.

For most of his career, Romney was known as a moderate technocrat.

But when he ran for president, Romney was forced to turn to entice the party base. He played up his conservative family values instead.

Many on Wall Street loved his private-equity/business background to be sure. They liked his ideas on foreign policy, even, but they weren't crazy about his sudden lurch to the right on issues like abortion.

From the way Cooperman talks about it, some on Wall Street are tired of compromise.

You might also like
Social Conservatism in Canada
Social Conservatism in Canada
RAW: More socially conservative than Wildrose?
RAW: More socially conservative than Wildrose?
A conservative vision for social justice
A conservative vision for social justice
What Are They Thinking!?: Conservative Christians Talk About Homosexuality (Interviewing Socially Conservative Bible-Believing Christians on Today's Biggest Social Movements)
eBooks
Quote Me LLC Print For Thought I'm fiscally conservative and socially liberal. Where's My Representative?
Automotive Parts and Accessories (Quote Me LLC)
  • Made of quality vinyl
  • Meant to last
  • Full color
  • Dimensions: 9 x 3
  • Made in the USA
Can social conservative Santorum win over women?
Can social conservative Santorum win over women?
GOP Should Invite Social Conservative Extremists to Leave
GOP Should Invite Social Conservative Extremists to Leave
Terry Modglin Fiscally Conservative Socially Responsible
Terry Modglin Fiscally Conservative Socially Responsible ...
TJie Art Hand Painted Mordern Oil Paintings Wall Decor Black and White Bare Beauty Beach Abstract Clouds Home Landscape Oil Paintings Splice 5-piece/set on Canvas
Home (TJie Art)
  • Size:25x40CMx2, 20x50CMx2, 20x60CMx1
  • A perfect wall decoration for living room and bed room. Paintings reproduction,Canvas print,stretched with wooden frame on the back. Ready to hang.
  • painted by professional artists with years of oil painting experiences. Hand-painted high quality canvas oil painting. A nice gift for your relatives and friends...
  • Each piece is custom made.
  • Materials/Milieu:high quality Thick Canvas, high quality oil or Acrylic colors.
Fenbo Passionate Peak Sexy Intimate Women Full Body FishNet Lingerie Tights Pantyhose Stockings (6012)
Health and Beauty (Fenbo)
  • Style: Sexy pantyhose, sexy lingerie, hot and fun design
  • Size: One size fits most US size 1-10
  • Material: Polyester, silk-like satin sleepwear,soft to the touch
  • Care of garment: Hand-wash only
  • Special Use: Exotic Apparel
HEDY LAMARR - PHOTOGRAPH SIGNED
Entertainment Memorabilia
  • A memorable & special gift!
  • A unique centerpiece for the home or office!
  • Only 100% Authentic Autographs & Manuscripts - Certificate of Authenticity Provided.
  • UACC Registered Dealer, #RD110 and member of the Manuscript Society!
  • Fast Worldwide shipping!
Related Posts