Posted on 09/28/2009 4:58:11 AM PDT by AtlasStalled
Wall Street has showered nearly $11 million on the Senate since the beginning of the year, and more than 15 percent of it has gone to a single senator: Democrat Chuck Schumer of New York. Schumer’s $1.65 million take from the financial services industry is nearly twice that of any other senator's — and more than five times what the industry gave to any single Republican senator.
(Excerpt) Read more at politico.com ...
Considering a chunk of that change must be your’s and mine-it raises some interesting “ethical-type” issues...not that any US senator “worth” his special-interest cash ever really turned a jaundiced eye towards it...
Capitalists freely giving money/support to their executioner.
I just do NOT get it!
Of course, they know who their sugar daddy is. Never figured why The Repbs got tagged as the party of big money. It has always gone to the Dems. The Money men know the Dems will regulate their competitors out of existance while raining taxpayer money on them.
Well, Democrats saints need money too, ya know?
They try to bribe the dems so they will be eaten last.
Hey, Diana.
These are not first-and-foremost Capitalists. They are that select, elite brand who become Corporate Socialists because they want the government to help create a monopoly for themselves.
Like the ChiComs, they use Capitalism to gain wealth and power. And, like all those who are ruled by GREED, they desire for wealth and power has no bounds.
The Bolsheviks didn’t actually overthrow the Czar and conquer Russia. Kerensky did the dirty work in the early part of the year, but he didn’t have a plan in place to establish the government. In came the Wall St. bankers and financiers who funded Lenin and Trotsky to go in and take over Russia not with revolution but with a coup d’etat.
The Wall St. crowd funded these operations through the Red Cross and did so for two reasons: they believe in a global power so long as there is a global banking/financial system behind that global power (Mayer Rothschild once said, “Give me control of the money and I care not who makes the laws), and 2. because Lenin promised exclusive manufacturing rights within the USSR for those companies that sponsored him — and they received it.
So, these are not Capitalists. They are Statists who seek power not directly through the political process, but indirectly through monetary policy and financial control.
Sounds like “Money Laundering” to me.
Culture of corruption on parade. Where are the special prosecutors?
Likewise, the Democrats have convinced blacks that Republicans are destroying back families and communities.
Meanwhile, all the Democrat-run cities are in deep poverty, and their social programs end up debauching the culture and make all problems bigger in the communities they are supposedly serving.
And somehow the Republican party is completely unable to communicate any of this to the American public.
I think Congress should meet only 2 weeks every 3 or 4 mos. they need to get out of DC, there is safety in numbers and too much collusion. If they had to live in their districts/states fulltime it would be harder for all of these lobbyists to get to them and they would have to answer to the people they are supposed to represent.
This is protection money. They are trying to limit their future losses.
Graft and extortion at the highest levels..
Thanks! You can always make things perfectly clear. I still don’t understand it, but I understand it, LOL!
Sensible Wall St bigshots want to be on the good side of the politicians who are going to be running the economy.
Economic fascism is when the politicians ask the businessmen to prop up the political agenda, and the businessmen ask the politicians to prop up the economic infrastructure. It's all one body (corporatism) and although private ownership continues, the line between public and private becomes blurred.
They are no longer capitalists. They are Ivy League trained fascists who find it comfortable marching in lockstep with the government. Put not your faith in Wall Street for you surely will be disappointed.
IndyMac doesn’t donate to Chuckie anymore.. not after he stabbed them in the back.
Here is a major problem for conservatives. Liberals have learned to play to the fascist bone in corporations well. When we get in power, we don’t offer corrupt CEO’s any favors from the treasury and it serves as protection money from Federal shakedowns.
We have to be ready and willing to punish these corporations that play along with the Democrat Party. Like next time we have power, they should all be investigated and audited overtime.
I don’t. I’m a real estate and gold bug. ;)
A liberal politician that hates capitalism and thinks the rich get away with everything sure is happy to rake it in himself. :)
It makes perfect sense. You pay off the guy who might harm you...in the short term.
IN the end, they sow the seeds of their destruction though.
Just as the US is paying off the Muslims who control OPEC in the middle east for short term “peace” and fuel, we are sowing the seeds of our own destruction.
Ivy League trained fascists
Unless....
Culture of corruption on parade. Where are the special prosecutors?_
_____________
There are none and I believe there is not a single honest politician in DC, not one, that really cares about the people. I’m beginning to feel oppressed and I don’t like it at all.
“Control of business by the Government would mean the control of Government by business.”
- New York Times editorial, “Industrial Despotism,” Aug. 31, 1912
It's been going on since the 2006 campaign.
Funding from his business connections was vital to victories in 2006 and 2008, but they have left Schumer beholden to Wall Street firms—ironic in light of his recent book, Positively American: Winning Back the Middle Class Majority One Family at a Time. Before the economic collapse last year, Schumer, a powerful voice on financial issues due to his seat on the Banking Committee, was arguably the most pro-business Democrat in the Senate.
In 1997, he opposed new disclosure rules for derivatives, a form of financial asset whose loosely regulated trading precipitated the current economic crisis. He was a proponent of the Gramm-Leach-Biley Act two years later, which removed numerous Depression-era regulations on banks. The law allowed financial institutions to grow beyond what the law had previously permitted. The bill’s critics asserted that these oversized banks could be an economic hazard, since the failure of one of these institutions could cripple the economy and require government bailouts.
1998 : (ENRON BACKS CHUCK SCHUMER IN HIS SENATE CAMPAIGN TO OUST ALFONSE D'AMATO --- See KEN LAY, CAP AND TRADE/CARBON CREDITS/GLOBAL WARMING SCAM) (Senator, D-NY )Schumer sits on two Senate committees — Banking, Housing and Urban Affairs, as well as Energy and Natural Resources — that will play a key role in the investigations of Enron [SEE CARBON CREDITS. CAP N TRADE, GORE, CLINTON] and Arthur Andersen. Watchdog groups, Senate sources and letters obtained by The News indicate Schumer has worked on initiatives backed by both companies. * Democratic Senator Chuck Schumer of New York was one of the top beneficiaries of Enron's political donations - Source: Fortune Magazine Enron backed Charles E. Schumer (D-N.Y.) in his successful 1998 campaign to oust Republican Sen. Alfonse D'Amato. Schumer's views on electricity deregulation dovetailed closely with Enron's. ----Source: Washington Post Two years later Schumer, who has advocated deregulation as a way of reducing New York state's high power costs, co-authored a bill to restructure electricity markets along lines favored by Enron. ----Source: Washington Post
**********
Ken Lay's endorsement of Schumer raised eyebrows among energy industry officials because of Enron's history of writing checks to Republicans over Democrats by a 3-to-1 ratio in the past decade. ...
Despite Schumer's relationship with Lay and the accounting industry, campaign finance reform allies have praised him for working tirelessly behind the scenes to pass a soft-money ban in the Senate. "He's given money back and we haven't asked that Schumer recuse himself," one campaign reform advocate said. ---------"Chuck Had Gone To Bat for Backer (ENRON)," New York Daily News ^ | 2/04/02 | KENNETH R. BAZINET
2004 : (INSTEAD OF RETURNING DONATED FUNDS TO ENRON, SCHUMER ALLEGEDLY "DONATES" THEM TO AN UNNAMED FUND "FOR UNEMPLOYED ENRON WORKERS") Schumer recently donated the $68,857 in campaign contributions he received in the past decade from Enron and its ousted auditor, Arthur Andersen, to a fund assisting unemployed Enron workers [WHAT FUND IS THAT? WHO MANAGES IT?]. Schumer is one of the most prominent Democrats to be tangled in the Enron probe. Most of the Enron investigations have focused on the company's ties to the Bush administration and Lay's friendship with the President.---------"Chuck Had Gone To Bat for Backer (ENRON)," New York Daily News ^ | 2/04/02 | KENNETH R. BAZINET
SEPTEMBER 2005 : (REPORT : DEMOCRAT SENATOR CHUCK SCHUMER AIDES - ONE ASSOCIATED WITH THE GROUP "MEDIA MATTERS"- SPIED ON MD GOV MICHAEL STEELE BY IMPERSONATING HIM TO GET HIS CREDIT REPORTS, ETC ---- see ) Talk about having no agenda... Was there any other point to getting their hands on Lt. Governor Steele's credit report other than to find dirt?
Federal prosecutors are investigating whether two Democratic Party researchers in Washington illegally obtained the credit report of Maryland Lt. Gov. Michael S. Steele as they conducted opposition research on the likely Republican Senate candidate. Phil Singer, a spokesman for the Democratic Senatorial Campaign Committee, acknowledged yesterday that two of his organization's employees had resigned as a result of the episode, which he said was subsequently referred to the U.S. attorney's office by the Democratic committee. ... The DSCC, the arm of the Democratic Party tasked with promoting Senate candidates, declined to disclose the names of the employees involved. But sources with knowledge of the episode identified them as Katie Barge, the committee's former research director, and Lauren Weiner, an employee who had been researching Steele even before he formed an exploratory committee for Senate in June.Think the DSCC's [Democratic Senatorial Campaign Committee] motives had something to do with this?
Steele has been heavily courted to run for Senate by national GOP leaders and is expected to give the party its best shot at a Senate seat in years.The New York Post reveals that the two researchers are on Chuck Schumer's staff...
Two staffers on a Democratic political committee headed by Sen. Chuck Schumer are being investigated by the FBI for an alleged dirty trick — getting a Republican candidate's credit report illegally, officials confirmed yesterday. "We are investigating the matter jointly with the FBI," said a spokeswoman for the U.S. Attorney's office in Washington. Phil Singer, a spokesman for the Schumer-headed Democratic Senatorial Campaign Committee, said two staffers were instantly suspended — with pay — in July after admitting they obtained the credit report of Maryland Lt. Gov. Michael Steele, who is running for Senate.Since July? It's near the end of September, and Schumer has known all this time, and hasn't said a word? Meanwhile his staffers were awarded with a paid vacation?
------------ SOURCE: http://www.noagenda.org/2005/09/steele_credit_report.php Illegal Activities Wed, 21 Sep 2005 10:50:27 -0500
As a fellow former Wisconsinite & now Minnesotan, to two fellow citizens.......Anne Coulter puts it so aptly that the same pansy frat boys who half-snoozed through their libturd socialist professors lectures at so-called illustrious top business schools are now the same imbeciles are are CEO's & CFO's of major corporations or in the public sector at the U.S. Treasury like Timmmy Geithner. I work for a major international company and I see in our own CFO the same brat pack elitist mentality. $100 bucks says my company baby-faced CFO is buddies with Timmy Geithner.
Anyway you are absolutely right, 70% of Wall Street political donations goes to demoRATs and the more radical & liberal the turd is (like 0bozo or in this case Schumer) the more money there is that goes directly to the worst socialist offenders. These elitist Wall Street snobs as well as the corrupt politicians all deserve to be thrown out of office or their jobs and thrown in the pen for fraud & embezzlement & misuse of taxpayer money as well as company funds.
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