Abdul El-Sayed Says Billionaires Don't Create Jobs. That's Not How the Stock Market Works

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Friday, October 2, 2026

Michigan Senate candidate Abdul El-Sayed campaigns on getting corporate money out of politics, but here he is at a fundraiser hosted by the Soros family, whose fellowship helped pay for his medical education. Larry goes through the double standard, El-Sayed's "I won't unilaterally disarm" excuse to Chuck Todd (Obama in 2008 vs. John McCain), and his claim that billionaires investing in the stock market does nothing for jobs.

Also covered: the "1,000 millionaires instead of 1 billionaire" line (America already has about 23,600 millionaires for every billionaire, per Scott Jennings), a "Higher Learning" segment arguing American capitalism was built on slavery, and El-Sayed's surprising pitch to Black voters in Detroit.

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