Of course, the public plays right into their hands with our (and deservedly so) anti-incumbent attitude.
And no doubt the MSM will be trumpeting the momentous and historic occasion and extolling the will of the American people for change.
Funded by.....
"Wall Street political donors shifting to Republicans; Change highlights Democrats’ plight" by Dan Eggen and Tomoeh Murakami Tse, Washington Post | February 28, 2010
WASHINGTON - Commercial banks and high-flying investment firms have shifted their political contributions toward Republicans in recent months amid harsh rhetoric from Democrats about fat bank profits, generous bonuses, and stingy lending policies on Wall Street.
Related: Who REALLY Runs Washington
Yup, CAN'T EVEN CRITICIZE them, never mind passing a law.
The wealthy securities and investment industry, for example, went from giving 2 to 1 to Democrats at the start of 2009 to providing almost half of its donations to Republicans by the end of the year, according to data compiled for The Washington Post by the Center for Responsive Politics.
Commercial banks and their employees also returned to their traditional tilt in favor of the GOP after a brief dalliance with Democrats, giving nearly twice as much to Republicans during the last three months of 2009, the data show.
It is OVER for you, Democrats!
TOO BAD you didn't DO WHAT the AMERICAN PEOPLE wanted and KEPT CONTROL (not like you care; were nothing but an impotent appendage during the Bush years).
At the same time, total political donations by the major banks and investment houses alike dropped in the waning months of that year.
The nascent shift came even before the White House announced proposals for a new tax on banks and a curb on some of their riskiest trading activities.
Which means Repugs will be taking in 75-80% of the money, right?
Oh, yeah, OBAMA is going to be getting a REPUBLICAN CONGRESS (both chambers) just like Clinton.
That is the way WALL STREET WANTS IT!
The proposals, offered last month, particularly alarmed Wall Street and have triggered renewed industry efforts to work with Democrats as well as Republicans on regulatory reform legislation that the bankers can live with, according to industry and government officials.
Yes, they have BOUGHT BOTH SIDES of the AISLE like the WAR PROFITEERS!
Wall Street executives would prefer to engage with Democratic leaders now rather than face prolonged uncertainty about the rules to govern the industry, the sources said.
The new campaign contributions data underscore the political quandary facing Democrats, who want Wall Street donations to help fend off a GOP resurgence in congressional elections this fall but hope to distance themselves from an industry vilified by the public as greedy and ungrateful....
Well?!! They have PROVED US RIGHT!
And PLEASE TELL ME Democrats are not that NAIVE or STOO-PID to think we are going to fall for the s*** political shenanigans.
Republicans, meanwhile, are soliciting Wall Street for donations with the argument that Democratic proposals would hurt the bottom lines of major financial institutions.
So ONCE AGAIN the "change" you elect will be WORSE, America!!
Every time you turn a party out and out the other back in it GETS WORSE for YOU!
How i$ that?
House minority leader John Boehner, Republican of Ohio, told reporters this month that he was urging Wall Street executives to “help our team’’ oppose the “bizarre policies’’ coming out of the Obama administration.
One senior Republican staff member on Capitol Hill, who discussed contributions on the condition of anonymity, said, “Democrats in Washington are clearly trying to move legislation that would be very damaging to that industry. It was almost like there was a free-ride time. But now they’re starting to see the real negative impact of Democratic proposals.’’
And the damage the American people have suffered?
Hello?
Obama had unusually strong backing from Wall Street for a Democratic presidential candidate. He raised more than $18 million from bank and brokerage employees, for example....
Yeah, WE KNOW THEY BOUGHT HIM OFF because his FIRST YEAR has SHOWN IT!
Prominent among Obama’s bundlers - individuals who raised at least $50,000 - were private equity executives and hedge fund leaders, including billionaire Kenneth Griffin of Citadel Investment Group, who had previously backed Republicans.
But Obama soon encountered stiff opposition from the financial industry - and some fellow Democrats - over proposals to curb executive pay, tighten rules on financial derivatives, and create an agency to protect consumers of mortgages, credit cards, and other financial products. Financial executives have also bristled at the president’s increasingly populist tone over the past year, including his quip in December that he did not run for office to help “fat-cat bankers on Wall Street.’’
The industry has responded with its own change in attitude, according to contribution data and interviews. For some prominent executives, the final straw came in January, when Obama proposed a fee on big banks to recoup losses from the government’s $700 billion program to bail out financial firms.
Yup, TAXPAYERS PAID their BONUSES and BOOSTED their PROFITS to OBSCENE LEVELS -- and the f***ers are COMPLAINING!
Of course, the president can't go against the bankers -- unless he wants to end up like JFK.
When the president followed up a few days later with another plan to restrict the growth of large banks, some on Wall Street said they regretted their earlier support. “I’m not voting for him again,’’ one said.
Oh, a ONE-TERM PRESIDENT, too, huh?
The ERA of DEMOCRAP DOMINANCE sure faded in a hurry, huh, readers?
Still, others said they would not switch alliances just yet. “I understand people are not happy about this. Wall Street did pour a lot of money into the campaign, some of which I solicited,’’ said one Wall Street executive and Democratic bundler, who spoke on the condition of anonymity because of the sensitivity of the topic. “Having said that, we’re kind of responsible for a lot of what went down.’’
That's why he spoke on condition; he TOLD the TRUTH!!
One Democratic-leaning firm that has signaled particular displeasure with the administration’s direction is
Didn't they get "bailout" money?
The company’s political action committee also contributed $30,000 to GOP congressional campaign committees in 2009 while giving nothing to their Democratic equivalents.
Oh, yeah, they must be FURIOUS!!!
According to one source familiar with its donation strategy, the bank did not want to offer blanket support for the Democratic committees, which could then use the money to support anti-Wall Street hopefuls.
Yet the bank and its executives are still ready to support specific Democratic candidates considered friendly to the financial sector.Sounds like blackmail and extortion to me.
--more--"
Looking forward to that next election, American voters?!
Going to SEND a MESSAGE, are ya'?
