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Democrats assail Wall Street ties in Obama administration
The Hill ^ | 12/1/14 | Peter Schroeder

Posted on 12/01/2014 5:00:31 AM PST by Mozilla

President Obama’s nomination of Antonio Weiss to serve as the Treasury Department’s top domestic finance official is drawing fire from an unusual sector: his fellow Democrats.

Liberal lawmakers like Sens. Elizabeth Warren (D-Mass.) and Bernie Sanders (I-Vt.) have been quick to oppose Weiss, a major investment banker with Lazard.

Among their grievances is the fact that Lazard’s work is primarily in international finance and he is nominated for a domestic position. They’re also critical of his role in structuring several tax inversion deals, which have drawn criticism from the president himself.

But an underlying thread to the Democratic opposition is a fatigue with filling top-ranking administration spots with officials that have spent significant time working for or on behalf of Wall Street titans. Warren penned an op-ed in The Huffington Post criticizing the administration’s approach under the headline “Enough is Enough.”

Here’s a rundown of other top administration officials with ties to Wall Street:

(Excerpt) Read more at thehill.com ...


TOPICS: Government; Politics/Elections
KEYWORDS: berniesanders; democrats; elizabethwarren; obama; wallstreet
Democrats are in a civil war over between the super far left and the far left. Basically the Hillary and Obama factions and Elisabeth Warren is anti-business and Anti-Wall Street. So despite the fact the nomniees are Obama's, Warren represents the faction that was Obama's in 2008.
1 posted on 12/01/2014 5:00:31 AM PST by Mozilla
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To: Mozilla
I should fix the slight error I made.

"Democrats are in a civil war over between the super far left and the far left."

2 posted on 12/01/2014 5:02:55 AM PST by Mozilla
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To: Mozilla
"Democrats are in a civil war over between the super far left and the far left. Basically the Hillary and Obama factions and Elisabeth Warren is anti-business and Anti-Wall Street."

I dunno, Obama and Wall Street have been joined at the hip from the beginning. Goldman Sacs has always been his biggest contributor and the investment banks have profited the most from his profligate spending. He pretends to be a populist but constantly works on behalf of the eliltist mega-wealthy.

3 posted on 12/01/2014 5:09:45 AM PST by circlecity
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To: All
The mega-wealthy Clintons are relying heavily on "white privilege" to get back into office. The Clintons' have benefitted from, and are climbing back into office, using privileges far beyond those of the "community of color" to whom they planned to appeal.

"White privilege" denotes the array of advantages the Clintons have cultivated over years in public office. The gold-plated, endless perks of "white privilege" include:

<><> their personal massive wealth in the $2 billion range....

<><> ownership of multiple homes in posh enclaves....

<><> unknown secret offshore bank accounts...

<><> unrevealed investment profits...

<><> the chain of high public offices they've held....

<><> privileged friends in high places....

<><> global connections....

<><> constant affirmations of their own worth....

<><> greater social status...

<><> the expansive freedoms wealth and connections provide...

<><> unlimited access to the press to speak freely.....

<><> their memoirs made millions....

<><> Dec 2000 book deal $8 million; 2014 book deal $14 mill....

<><> three tax-exempt Clinton family foundations worth hundreds of millions....

<><> Clinton foundation "endowment" skyrockets to $200 million overnight....

<><> Hillary/Bill's endless $2-300,000 speeches.......

<><> Bill's tax-paid cushy pensions/benefits....

<><> tax-paid Clinton Library (Hollywood honey Sultan of Brunei a donor).....

<><> Chelsea's paid-for $10 million uber-condo.

2016 Hillary was relying on the "income equality" bugaboo to hoist herself into office......as good a definition of "white privilege" as any. The Clintons strategy is to label others as "different" while presenting themselves as "normal."

========================================

The Clinton "normal" is couple billion dollars laying around, accumulated without ever having a real job. The Never-Enough Clintons had planned to run a populist campaign, critical of the Wall Street types”....that's after the world was informed that speaker Hillary was pocketing $200,000 a throw from Goldman Sachs.....and other corporate giants.

============================================

THEY MADE WALL STREET PROUD The Clintons went from "dead broke" to multi-billionaires in an astonishing short period of time----without holding jobs. The greedy, mega-wealthy Clintons have money pouring in from everywhere without lifting a finger...said to be worth couple BILLION dollars.

Never-enough Bill/Hillary look to cash in w/ another go-round in the White House. The Clintons owe bigtime......money is pouring into their three tax-exempt foundations......and these donors expect payback.

4 posted on 12/01/2014 5:11:39 AM PST by Liz
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To: All
Hillary whined about being "dead broke"---as hundreds of millions poured into the Clinton coffers.


5 posted on 12/01/2014 5:14:35 AM PST by Liz
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To: Mozilla

It’s interesting to see how far the Dems have moved to the left since 2000.

Obama, at least on health care reform and other issues, was considered more “conservative” that HRC in 2008.

Now, I presume that either HRC or Warren will get the nomination in 2016.


6 posted on 12/01/2014 5:17:22 AM PST by oblomov
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To: Liz

How does this play with the Occupy crowd? Does it matter? Do they only object to rich Republicans?


7 posted on 12/01/2014 5:17:43 AM PST by billhilly (First eligible to vote in 1958)
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To: circlecity

Obama has been in the pockets of cronyism, but the sheep following Obama think he is fighting to defend the 1% or whatever because Occupy Wall Street never targeted Obama. Instead they are happy with him trying to destroy the country with bailouts and redistribution of wealth.

But that is what makes Obama’s a complicated guy as he makes a delicate dance between supporting cronyist policies and big business and still appeasing Occupy Wall Street and supporting socialist tenets.

Obamacare went a long way in helping him not get his base against him since it is all about ruining health care and eventually getting to Single payer. That’s what the commie pinkos love.


8 posted on 12/01/2014 5:21:24 AM PST by Mozilla
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To: billhilly
Dems on Wall Street? You must remember this.

Democrat Rahm Emanuel coveted being Chicago's Mayor since he was a machine go-fer back in the 1980s. That was before Rahm became:

<><> Bill Clinton's national campaign finance chairman

<><> then held a dual role as Clinton's senior WH aide and Goldman Sachs lobbyist,

<><> then he made $$multi-millions after a measly few months on Wall Street....maybe lunching w/ Madoff?

Rahm then became a (gag) four-term Congressman,

Then he held a dual role as Obama's chief of staff and the admin's finagler at the US Treasury (mmmmm....betcha those lunches w/ Madoff came in handy).

(cue the wire-transfers)

9 posted on 12/01/2014 5:36:43 AM PST by Liz
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To: Liz

It could be said that the quickest way to riches is through hoodwinking the poorest.


10 posted on 12/01/2014 5:47:37 AM PST by billhilly (First eligible to vote in 1958)
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To: Mozilla

“Democrats are in a civil war over under sideways down, backwards forwards square and round between the super far left and the far left.” When will it end?


11 posted on 12/01/2014 7:27:22 AM PST by Enterprise ("Those who can make you believe absurdities can make you commit atrocities." Voltaire)
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To: circlecity

IOW another Bush clone. No surprise there.


12 posted on 12/01/2014 8:37:30 AM PST by Jean2 (ox)
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To: Mozilla
"But that is what makes Obama’s a complicated guy as he makes a delicate dance between supporting cronyist policies and big business and still appeasing Occupy Wall Street and supporting socialist tenets."

And his method to accomplish this is to destroy the middle class. I makes the big money establishment interest happy because it reduces the cost of labor. It keeps the socialists happy because they believe the middle class is what has prevented their glorious worker's revolution.

13 posted on 12/01/2014 8:39:21 AM PST by circlecity
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