Last-minute presidential candidates such as billionaire Michael Bloomberg and former Massachusetts Gov. Deval Patrick, a managing director at Bain Capital, have entered the race in an effort to promote moderation and defeat progressive Democratic candidates who Wall Street fears.
Why Obama Is Just Plain Wrong About Democrats Moving 'Too Far Left'
The former president is mistaken if he believes that in appealing to the electorate, Democrats must tamp down their message and advocate for tweaks in the system rather than systemic reform.
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