Des Moines, Iowa – Former Maryland Gov. Martin O’Malley says if he runs for president, he will try to pull the Democratic Party back to its populist roots.
“You know what it’s about? It’s really about calling our party back to its true self,” he said in a wide-ranging MSNBC interview airing Friday. “Our politics has been greatly impacted, for the worse, by big money and the concentration of big money.”
O’Malley, in Iowa this week for meetings and a local Democratic Party event, took a break to talk about his potential 2016 challenge to former Secretary of State Hillary Clinton at Smokey Row Coffee, a bustling coffee shop on the West side of Des Moines. Clinton is expected to begin her presidential campaign as early as this weekend.
Widely known as number-crunching technocrat, O’Malley sounds pretty blunt when criticizing what he calls Wall Street’s growing dominance of campaigns and government – including some members of the Obama administration.
“For 30 years we’ve followed this trickle-down theory of economics that said, ‘Concentrate wealth at the very top, remove regulation and keep wages low so we can be competitive — whatever the hell that means,” O’Malley says.
“What it led to was the first time since the Second World War where wages have actually declined, rather than going up — where almost all of the new income earned in this recovery has gone to the top 1%,” he says, invoking the famous phrase from the Occupy Wall Street protests.
“It doesn’t have to be this way,” he continues, arguing, “these things are not effects that blew in on a gulf stream or on a polar vortex — these are the products of the policy choices we made over these 30 years.”
O’Malley says the system is rigged “in many ways” – a concern pressed by the “Elizabeth Warren wing” of the Democratic Party – and contends middle class priorities should be “at the center of our economic theory.”
Asked whether President Obama has appointed the wrong people to the Securities and Exchange Commission and Justice Department, O’Malley responds, “Yes, I would say that.” He laments that no bank executives went to jail for “wrongdoing” in the financial crisis.
“I think that the S.E.C. has been pretty feckless,” he says, “when it comes to reigning in reckless behavior on Wall Street.”
O’Malley has clearly honed his campaign lines on this theme.
While his op-eds are peppered with references to the S.E.C.’s civil liability standards and the Depression-era Glass-Steagall bank regulation, he has more relatable examples at the ready in Iowa.
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“There are more repercussions for a person being a chronic speeding violator in our country,” he argues, “than there is for a big bank being a chronic violator of S.E.C. rules!” O’Malley posts similar lines and videos on his social media accounts. He also tries to channel the anger against Wall Street into an argument for a stronger federal government.
“We can’t expect Wall Street to police itself — that’s why we have a federal government,” he declares.
O’Malley freely admits most Iowans he meets haven’t heard of him, but he believes they are receptive to his economic focus — and they aren’t all ready for Hillary.
Many Iowans want to literally “meet every candidate” before they decide, he says, and they don’t accept “the inevitability or the punditry or whatever the polls happen to say.”
O’Malley should know. He got started in politics working on Gary Hart’s 1984 presidential campaign in Iowa, and he believes history shows there’s really no such thing as inevitable candidates.
“There is an ‘inevitable’ front-runner who remains ‘inevitable’ right up until he or she’s no longer inevitable,” he says. “And the person that emerges as the alternative is the person that usually no one in America had heard of before — until that person got into a van and went county to county to county.”
O’Malley is careful not to criticize Hillary Clinton by name, but her presence clearly looms over his possible candidacy.
Her perceived dominance in the Democratic Party constrains the momentum of any potential challenger. From O’Malley to Vice President Joe Biden, the would-be alternatives are treated by politicos and reporters as little more than the negative space in Clinton’s painting, and yet it’s the very prospect of anointing a nominee that seems to animate O’Malley’s rationale for running.
On the stump and in our interview, he talks about the need for a real race, an “alternative” choice and a “contest of ideas” — paeans to the democratic process that can be read as Clinton code words.
Asked about the dynasties that could compete in the presidential race, O’Malley says the presidency shouldn’t be a “hereditary right.”
He has hit that theme before, telling George Stephanopoulos last month that the White House shouldn’t simply “pass back and forth between two families.” The line speaks to Bush and Clinton fatigue, but isn’t exactly a substantive disqualification for higher office. (Former Sen. Lincoln Chaffee, by contrast, said this week that Clinton should not be president because of her vote for the Iraq War.)
O’Malley looks like a politician out of central casting – piercing green eyes, close cropped hair, crisp suit – he was even part of the basis for the ambitious mayor in “The Wire,” which dramatized the drug trade and extreme poverty O’Malley confronted as the mayor of Baltimore. Yet his conventional appearance belies some pretty liberal politics – voters may find activist tendencies under that Brooks Brothers suit.
“I’ve actually done the things on a state-wide basis,” he argues, that national Democrats “only talk about doing.” And he ticks off a battery of liberal reforms like a proud father.
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“We made it easier for people to vote not harder,” he says. “We passed marriage equality. We made it easier for new American immigrants to get driver’s licenses so they can travel to and from work, and take care of their families. We raised the minimum wage. We passed a living wage. We made bigger investments in improving the education of our children and made our schools No. 1. We made bigger investments in infrastructure, water, wastewater, cyber and the rest — and created a better rate of job creation than our neighbors north or south of us.”
He continues, “So look, these are the things that actually make our economy grow and make our middle class stronger. And it is why the U.S. Chamber of Commerce named our state No. 1 in innovation and entrepreneurship three years in a row. It is why we maintain the highest median income of any state in the nation over these last eight years. So these are the differentiators. People want leaders who have the ability to get things done.”








