Posted on 04/16/2010 5:25:19 PM PDT by Maelstorm
Over the past twenty years, Chuck Schumer has received $7.7 million in campaign contributions from the securities and investment sector, more than any other non-presidential politician. So it's no wonder his supportive stance for the Senate's financial regulation bill has many on Wall Street outraged and accusing him of turning against them. But rather than try to appease his big donors, Schumer is taking a publicly defiant position, holding a Washington press conference yesterday to re-affirm his principles, and contributing a firm opinion column to the New York Post — a paper whose own editorial board had criticized his position. "In a situation like this, I believe you have to trust your internal gyroscope, resist pressure from both sides and find the proper ground," he writes. "Polling data show New Yorkers, both Republicans and Democrats, agree with this approach." Not that anyone ever doubted that for Chuck Schumer "polling data" and "internal gyroscopes" are the same thing.
(Excerpt) Read more at nymag.com ...
Gosh who to root for: the liberal idiot Congressman or the people that voted to put him there?
Odds are if Chuck U loses his election, he’ll be replaced with someone just as bad. It is New York after all....
It would be a pleasure to watch all this unfold because the idiots that contributed to this marxist’s campaign, do deserve it, unfortunately many innocent people are going to be involved. I would say...Wall street..you deserve what ever happens to you because you were a huge enabler...but I won’t.
Can you cite one instance of a congressional Republican hammering zero on this?
Not once. They are too effing stupid.
Indeed . Not to mention weak . They are and will remain the stupid party .
LLS
GOP will not because in the next election cycle they will want Wall Street to give them donations. If GOP is smart, step back and let the Dems pass the Financial Reform Act and let them fight with Wall Street. They deserve each other. I predict Wall Street will return the favor by wrecking Obama economic recovery efforts in order to force him not to run in 2012. Bet they will back a Hillary Clinton type Dem candidate or RINO.
Over on Powerline they have an email zero sent out TODAY slapping those opposed to his version of “wall street reform”. Them is fighting words. The republicans have two choices: fight barry in his gutter or roll over like a dime bag hooker. We all know what they are doing right now.
The Senate Minority Leader has announced that all 41 Republican Senators are opposed to the Financial Regulation Bill.
Thus, right now, they're running a successful filibuster.
The GOP is allowing the dims to control the language and landscape of the “wall street reform” debate. It is not clear to most Americans that the “fat cat bankers” donated far more money to democrats over the last decade than Republicans. Zero needs to face some tough questions for the all gold he pulled in from Wall Street. Nothing flusters him more than some tough questions.
“The Senate Minority Leader has announced that all 41 Republican Senators are opposed to the Financial Regulation Bill.”
Apparently that is what Obama wants. It’s all about scoring points in November. He wants a campaign issue and doesn’t care about “reform”.
Let me know when the Senate Minority Leader announces that all 41 Reps are opposed to Cap n Tax and Amnesty. Those are far bigger issues and so far he is fumbling them miserably.
So, in your estimation, McConnell should've let it pass?
[Cap & Tax and Amnesty] are far bigger issues and so far he is fumbling them miserably.
They haven't come up yet. What should he be doing?
This is all theater for our minds. Our government was captured long ago by the guys with the money and bad intentions. The bill being debated is their attempt to centralize power into the hands of the fewest people possible. Since they control those people it will make it easier for them to control the economy. Speaking of theater of the mind, Am I the only one that found it funny that they trot out the charges against Goldman just in time for the fake debate on financial reform? Please congressman ______ don’t let them crazy liberals hurt the guys that stole all our money. I have a very simple plan to reform Wallstreet that should make everyone happy. How about we lock up the bad guys that stole our money.
I like your sane evaluation of what is going on.
Chuck Schumer is implicated in the manufactured mortgage meltdown and its timing, especially due to his “slip of the tongue” attack upon Lehman Brothers, in 2008.
IMHO, he is likely one of the chief Marxist operatives in politics.
Do you really believe the Dems are angering the limo liberals (aka fascists) of Wall Street who have bought power through the DNC and Bammi? I think the dems are putting on a drama for the public. The dems need to get the public behind Obama’s fascist “banking regulation” package.
From what I understand, in that legislation, Obama will put the pick pockets, referred to as “consumer protection” - acornish left wing activists in the Fed with the banksters or in supervision of the banksters. In return, the banksters get “too big to fail” Treasury coverage eternally.
I think the dems will take care of the IMF to establish the beginning of a global financial regulation and taxation power as well at the IMF. The global banksters want a stream of money through global taxation on international money transactions. If they do this, we won’t know until after the multi-thousand page bill is passed. All the fake angst is for public consumption.
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