GOP using Wall Street $$ to blame Dems for Wall Street

Man, this is so wrong on so many levels:

House Republicans in several tight races want voters to know that Democrats are the party of Wall Street.

The only problem: big banks are helping foot the bill for the ads.
The National Republican Congressional Committee’s ads in New York and North Carolina blast Democratic candidates for supporting the Wall Street bailout and allowing executives to pocket big-time bonuses, and in one case feature a banker burning money with his lit cigar.

At the same time, the NRCC has taken in a record haul from investment, securities and commercial banks. So far this cycle, the industry has contributed $7.1 million — that’s up more than $2.7 million since the 2010 election, according to the Center for Responsive Politics.

Goldman Sachs and its employees are the top private-sector giver to the Republican Party committee, contributing $388,450 this cycle. Goldman Sachs declined to comment.

The levels of cynicism at work here are impressive. The Wall Street types, for example, clearly know who their friends are and who will protect them, and are saying so through their money. The Republicans in turn clearly know that their rich friends aren’t very popular with voters, who understandably blame Wall Street for creating the biggest financial collapse in some 80 years, and for managing to walk away with their own fortunes intact while millions of innocent people lose their jobs, homes, careers and futures. And together the GOP and its Wall Street sponsors conspire to blame it all on the Democrats, who are hardly blameless but whose biggest failure in the wake of the crisis was to fail to press hard enough for real reform.

Amazing.

– Jay Bookman

Read more: http://www.politico.com/news/stories/1012/81865.html#ixzz285goVIeh

425 comments Add your comment

Orange12

October 1st, 2012
8:07 pm

When there’s money to be made, both parties are involved.

Jm

October 1st, 2012
8:07 pm

Libs lost again

So sad

getalife

October 1st, 2012
8:08 pm

“And if you think it can’t be reformed…well, that’s a self-fulfilling prophecy”

I think we need to see many scandals before it is reformed.

Not this me generation.

Perhaps the next one.

Jm

October 1st, 2012
8:09 pm

Democrats would e more interesting if they were not complete and utter hypocrites, and more in favor of good government and smart regulation

Instead of big government and all regulation

Mr_B

October 1st, 2012
8:10 pm

“Now, I bet I could find a WHOLE lot of Democrats in Congress who would be LOATHE to part with the monetary perks they are afforded in office ”

I’ll certainly agree with that one, TC.

One place to start would be making sure that a future Supreme Court can tell the difference between people and corporations. Another would be getting control of the costs of political advertising and equalizing them with advertising prices for other “products”. Another would be the elimination of the false distinction between campaign and issue spending.

Brosephus™

October 1st, 2012
8:11 pm

Weak groundless insult

Try again

And if anybody here knows weak, that would be you, jm. That post was not groundless. You asserted pure bullsh*t @ 7:56, so I figured I’d post in your same mindset. If you think it’s weak, then quit posting weak stuff yourself.

Doggone/GA

October 1st, 2012
8:13 pm

“One place to start would be making sure that a future Supreme Court can tell the difference between people and corporations”

The Supreme Court is not where that needs to come from. It needs to come from Congress.

Mr_B

October 1st, 2012
8:13 pm

“Yeah, just ask CHRIS DODD and BAWNEY FRANK. ”

OK, that one had to win the non-sequitur award for the evening.

getalife

October 1st, 2012
8:14 pm

jm thinks corporations are people.

Jm

October 1st, 2012
8:16 pm

Bro 8:11 getting warmer

Getalife

I believe in free speech. You not so much

Orange12

October 1st, 2012
8:16 pm

Mr_B

October 1st, 2012
8:17 pm

Doggone: I’m not sure a congressional remedy could get past the Supremes. I think a better shot is breaking the 5-4 pro-corporate tilt in the court makeup. Which would take a Democratically controlled Senate.

Jm

October 1st, 2012
8:18 pm

Oj12

Definitely media bias

Just got to vote and volunteer

They BOTH suck

October 1st, 2012
8:18 pm

“I believe in free speech. You not so much”

Translation: I would prefer you not call out my bs……….

You post it, it is up for comment

Period

Doggone/GA

October 1st, 2012
8:19 pm

“Doggone: I’m not sure a congressional remedy could get past the Supremes.”

I could if they target it defining “personhood” properly.

Paul

October 1st, 2012
8:19 pm

As Pres Clinton said in his speech, it takes a lot of brass to blame the other guy for what you’re doing. As Jay noted, this clearly shows who Wall Street expects to protect their interests. As if the actions against Dodd-Frank weren’t evidence enough.

getalife

October 1st, 2012
8:19 pm

jm,

I know you are for citizen united with the rest cons.

I am against legal unlimited bribes.

It will not end well.

Jm

October 1st, 2012
8:20 pm

Tbs 8:18 u r silly

Talk all you want

barking frog

October 1st, 2012
8:20 pm

Doggone/GA
You are correct. Change
must come from Congress.
Especially the House. They
are the personal representatives of the people and can be changed
every two years. If we
continue in the same vein
our country will be fascist
in six years.

Jm

October 1st, 2012
8:20 pm

Tbs

Remember, I am pro free speech doofus

Fred ™

October 1st, 2012
8:20 pm

I sense Jay didn’t find my last comment amusing……… I reckon it’s a GOOD thing he doesn’t find me funny, or amusing…….

http://www.youtube.com/watch?v=IWINtUCshxY

They BOTH suck

October 1st, 2012
8:22 pm

Jm

Then quit crying

Jm

October 1st, 2012
8:22 pm

Getalife

I have no easy solution to the problem

Banning free speech is not a solution

Jm

October 1st, 2012
8:23 pm

Tbs I’m smiling twitter head

You’re funny

barking frog

October 1st, 2012
8:24 pm

Jm
where do you find free
speech ? Singapore ?

getalife

October 1st, 2012
8:24 pm

Paul,

The first thing the gop will do is end Dodd Frank and cut taxes.

Kamchak ~ Thug from the Steppes

October 1st, 2012
8:24 pm

Then quit crying

As if.

nelson

October 1st, 2012
8:24 pm

Now,now, now, let us not be too hard on Wall St. They want to protect the American way of investing and growing with America. Democrats simply do not understand, that all the over the top stimulus money allowed the CEOs to bail out with a golden parachute supplied by PrezO. Republicans believe in the work ethic, a good days wage for a good days work. Not this sit back and share the wealth with everybody, republicans like to work and get ahead not just wait for, should I say it[socialism].

0311/8541/5811/1811/1801

October 1st, 2012
8:24 pm

Doggone/GA @ 7;51

“Money and politics is an EVIL. I think that is something both liberals and conservatives could agree upon.”

“I wouldn’t. Money and politics are tools. Tools cannot be evil. Only the people who make use of them can be evil.”

I think we “may” have found something to agree on.

Money is just like a car or a handgun. Nothing evil about it ………… unless it falls in the wrong hands.

“For the LOVE (emphasis added) of money is a root of all kinds of evil.” I Timothy 6:10

Jm

October 1st, 2012
8:24 pm

Frog 8:24 nope

They BOTH suck

October 1st, 2012
8:25 pm

Jm

You are right. I forgot, Jay burped you. You are good for at least a week

:-)

They BOTH suck

October 1st, 2012
8:26 pm

Fred

That was a great scene.

Boris Badnoff

October 1st, 2012
8:26 pm

Breaking News! Reports of The Messiah Phone in the US have spread to Venezuela where their citizens are demanding their Hugo Phones.

http://www.noticias24.com/fotos/noticia/2277/impactantes-fotos-aereas-de-la-avenida-bolivar/

Hugo has endorsed Our Beloved Messiah. This is the key to the election. I love my Messiah Phone. I just called the White House and got a recorded message from Our Beloved Messiah: This is Your Beloved Messiah. I can’t talk right now because I’m either playing golf, causing the seas to recede, or getting my shoes shined by Jay Bookman. But, if you’ll leave your number, I have one of my czars send you another Messiah Phone. Ain’t life great!

JamVet

October 1st, 2012
8:26 pm

Republicans believe in the work ethic…

Hands down the chuckle of the evening.

Kudos, satirist…

National Anthem

October 1st, 2012
8:27 pm

I’m a moocher, you’re a moocher, we’re all moochers, so the status quo is all good!

Wheeeee.

barking frog

October 1st, 2012
8:27 pm

Jm
no free speech in Singapore?
may be their secret to
success.

Jm

October 1st, 2012
8:29 pm

Frog, they have free speech, not as much as America though

Brosephus™

October 1st, 2012
8:30 pm

As Jay noted, this clearly shows who Wall Street expects to protect their interests. As if the actions against Dodd-Frank weren’t evidence enough.

Yuuuuuupppppp!!!!!

getalife

October 1st, 2012
8:31 pm

frog,

jm does not even want to be an American so his opinion does not matter.

Not sure why he even blogs when he want to live in another country.

barking frog

October 1st, 2012
8:31 pm

Jm
where is speech free in the
US ?

TaxPayer

October 1st, 2012
8:31 pm

Nothing the cons do is “amazing”. They lack the intellect required to do something amazing. They’re predictably boring, in fact.

Jm

October 1st, 2012
8:31 pm

Jay needs to get out in the woods more

I think he was more center-left after his fishing trip, more happy go lucky

Atlanta would make most people unhappy

Jm

October 1st, 2012
8:32 pm

Frog 8:31

Look at your screen silly

barking frog

October 1st, 2012
8:33 pm

getalife
I don’t think Jm wants to
leave America.

Jay

October 1st, 2012
8:33 pm

“As (presumably) it did when Obama greatly outspent McCain in 2008. Pray tell, did you pitch a fit then?”

So let me get this straight: You’re trying to cite Wall Street’s reversal of financial support in the four years since 2008 AGAINST the Democrats as evidence that the Dems do Wall Street’s bidding?

barking frog

October 1st, 2012
8:35 pm

Jm
speech on this blog is
regulated by Jay, the AJC
and some government
agencies.

Jm

October 1st, 2012
8:36 pm

Jay 8:33

Ain’t it great :D

getalife

October 1st, 2012
8:37 pm

“They’re predictably boring, in fact”

True.

frog,

He probably can’t afford Singapore so he is stuck in Florida.

barking frog

October 1st, 2012
8:39 pm

getalife
he may live near an asian
buffet.

Jm

October 1st, 2012
8:39 pm

Frog 8:35 meh. Laissez faire

You can buy a printer and write whatever you want

barking frog

October 1st, 2012
8:40 pm

getalife
he may occasionally drink
a singapore sling.

getalife

October 1st, 2012
8:42 pm

frog,

All you can eat for 9.99.

Jm

October 1st, 2012
8:42 pm

Frog

Asian buffet everywhere now

China has invaded

Via general Tso chicken

barking frog

October 1st, 2012
8:42 pm

Jm
try that. say the wrong thing
and the courts will change
your mind. shout on the
street corner and go to
jail.

barking frog

October 1st, 2012
8:45 pm

Jm
General Tso has hot chicken.

Jm

October 1st, 2012
8:46 pm

Frog

If street corner shouting was a problem, woodruff would be a lot emptier

Thomas

October 1st, 2012
8:47 pm

Money talks, Knuckles. Money talks

Yes it does says George Soros and the liberal super pacs

Take a breath Bookman – keep working- actually start working- and you could be Bill Maher and donate a million to your super hero

barking frog

October 1st, 2012
8:47 pm

getalife
9.99 with crab legs too.

getalife

October 1st, 2012
8:47 pm

frog,

I had that for dinner.

Marty Huggins'

October 1st, 2012
8:48 pm

Jay,

Didn’t you cite Wall Street giving more money to Obama in ‘08 as a sign that wall street had confidence in Obama and all?

Why is it now not an endorsement of who would be better for the economy?
Like it was in ‘08?

Seems to me wall street plays both sides of the fence.
But like everything else it is only bad when the other side does it or benefits from it.

Mary Elizabeth

October 1st, 2012
8:50 pm

About money and “evil.” The problem with money is that sometimes those who have much of it – and sometimes even those who do not have it – sometimes think that those who have money are superior to others because of their having money. I cannot accept that as truth.

FDR and Eleanor Roosevelt, each, had inherited money, yet they did not appear to perceive that they were superior to others because of their wealth or status (Warms Springs/ polio victims, S.S. for all, Eleanor’s leaving the DAR/Marian Anderson ), yet President George W. Bush (”the haves and the have mores”), and Govenor Romney (”47% feel they are ‘entitled’ “) appear to perceive that they are superior to the less “fortunate” because of their wealth and accompanying status.

To me, the innate quality of each person, mentioned above, shows in his or her perception of what makes people equal.

getalife

October 1st, 2012
8:51 pm

Thomas,

Maher did not ask for anything in return.

We know they got a bailout and lower taxes.

What else do they want from those donations for a return on that investment?

What is their end game?

Jm

October 1st, 2012
8:51 pm

Getalife, if you had frog for dinner, barking is probably upset

barking frog

October 1st, 2012
8:53 pm

getalife
on the Russian Chinese
Border when the locusts
came the Russians starved
the Chinese ate locusts.
They cook everything. No
raw food.

Jm

October 1st, 2012
8:54 pm

“FDR and Eleanor Roosevelt, each, had inherited money, yet they did not appear to perceive that they were superior to others”

Oh hogwash

And Obama is the crown prince of the superiority complex

barking frog

October 1st, 2012
8:56 pm

Jm
frog is bad for you.

G Mare

October 1st, 2012
8:57 pm

Re last topic: I have an absentee ballot. In order to get it, I had to download an application form from GA Board of Elections, fill it out, & mail it back. I did that, & received my ballot. I surmise (never assume) that my voting registration & record here since 1975 was proof enough. Could one of my kids have done this & voted fraudulently in my name? Yes.
Point being, there are flaws in the system, BUT are the flaws really serious enough to warrant disenfranchising thousands of voters? My answer: NO.

Jm

October 1st, 2012
8:57 pm

Frog

“eat more chicken”? :)

Tundra Dude

October 1st, 2012
8:58 pm

Don’t blame him (Bush) nobody saw it (the economic implosion of 2008) coming. ~Dick Cheney

Actually, those who did got very little publicity. Peter Schiff wrote his book on the upcoming crash in 2005.
In ‘06 he was roundly ridiculed by a panel of pom-pom waving morons on Faux News.

barking frog

October 1st, 2012
8:58 pm

Jm
General Tso is a good man.

Brosephus™

October 1st, 2012
9:00 pm

And Obama is the crown prince of the superiority complex

And we all know that the king would be the one to recognize the prince.

Jm

October 1st, 2012
9:00 pm

Frog

He makes good food

Related to Colonel Sanders

MRE’s must inspire soldiers

Jm

October 1st, 2012
9:02 pm

Bro 9

Yes, the media as a superiority complex too

barking frog

October 1st, 2012
9:03 pm

Jm
Nevet had an MRE but C
rations in Japan inspired
me to eat more local food.

Redneck Convert (R--and proud of it)

October 1st, 2012
9:03 pm

Well, all I know is my 401k is going up, up, up. Must be the GOP House or maybe people are drinking alot more beer to get steadied up for 4 more years of Obama. So I say leave Wall Street alone. They get a new mansion as a bonus and I get a couple more percent return on my 401k. Sounds fair to me. Just tell me when to drop my pants and how far to bend over. Everything’s about the same as it always was.

Brosephus™

October 1st, 2012
9:05 pm

jm

I wasn’t referring to the media. I was referring to you. Anybody reading your posts can see that you never see yourself as having a remote possibility of being wrong. You’re so right so often that you probably can take a dump and think your turds smell like strawberries.

You, of all people, should never talk of superiority complexes or hubris without taking a look in the mirror.

barking frog

October 1st, 2012
9:07 pm

RC,
Sorry Romney didn’t pick
you. You would have been
much better than Ryan.

Jm

October 1st, 2012
9:09 pm

“You’re so right so often that you probably can take a dump and think your turds smell like strawberries.”

That was funny. Cause they do. :)

Brosephus™

October 1st, 2012
9:10 pm

They BOTH suck

October 1st, 2012
9:11 pm

“Yes, the media as a superiority complex too”

Fox news, talk radio, the numerous write leaning sites as well or just the “librul” media?

Jm

October 1st, 2012
9:11 pm

Let’s see. Who has more chutzpah?

The guy who says the supreme court is wrong, or the one who says there are no easy answers to the free speech – politics – money issue?

I’d go with the former (bro).

Jm

October 1st, 2012
9:13 pm

Tbs 9:11 all dem fourth estate yuppies

Don't Tread

October 1st, 2012
9:13 pm

Democrats get their fair share of cash from Wall Street and Big Business. The alphabet media and celebrities kick in the difference, both in cash contributions and non-cash contributions (endorsements, free press, etc.), which may be worth more than the cash contributions.

barking frog

October 1st, 2012
9:17 pm

Wall Street speculation has
caused most if not all the
US financial crises. Yet we
cut them loose again.
Re-regulate. Keep the
traders. Boot the raiders.

Redneck Convert (R--and proud of it)

October 1st, 2012
9:19 pm

RC,
Sorry Romney didn’t pick
you. You would have been
much better than Ryan.

Well, it’s just as well, frog. I wouldn’t fit in up there. No one wants a VP that wears coveralls and looks around for a spittoon when he goes someplace. Besides, if Romney wanted me to show up for a White House dinner I’d show up around noon, and they don’t even eat supper up there. And I’d be worse than Cheney in telling senators what to kiss and where. Besides, I’d have to abandon a fine bunch of drunks clientele here to go take a office somebody said wasn’t worth a bucket of warm spit.

Kamchak ~ Thug from the Steppes

October 1st, 2012
9:20 pm

celebrities kick in the difference, both in cash contributions and non-cash contributions (endorsements, free press, etc.), which may be worth more than the cash contributions.

Icon envy.

Jm

October 1st, 2012
9:21 pm

Frog 9:17

I’m in favor of intelligent banking regs

They BOTH suck

October 1st, 2012
9:21 pm

Don’t Tread

While Obama does get huge donations from some of the very people he cries about, I believe he leads in smaller donations as well………

So I would say his donor’s economic level demographics is more evenly dispersed than Romney’s donors. Note: more evenly is not even.
Both candidates get huge sums from the “big boys”…….

They BOTH suck

October 1st, 2012
9:25 pm

Dont Tread

What I am trying to say is that Obama appears to be doing a better job at reaching the “masses” and not just the “moochers” as the narrative is expressed by many on the right.

barking frog

October 1st, 2012
9:25 pm

Jm
Without them chaos is what
you get.

Don't Tread

October 1st, 2012
9:26 pm

“I would say his donor’s economic level demographics is more evenly dispersed than Romney’s donors”

Well I guess I should send Romney $10 just to even that out a little.

They BOTH suck

October 1st, 2012
9:29 pm

Don’t Tread

I do not donate to any candidate or party. I never miss voting, however they all seem to raise plenty of money without my assistance, but you go right ahead.

I prefer to donate to charities and a Christmas fund for the needy sponsored by the church my mom attends

Jm

October 1st, 2012
9:29 pm

Frog

Chaos is the natural state

There is only the illusion of order

That said, banking is the economic equivalent of a utility and deserves to be well regulated

Ironically, Obama has done several things to make the banking system riskier in the future

barking frog

October 1st, 2012
9:31 pm

Most of the political donations
go to the media.

Kamchak ~ Thug from the Steppes

October 1st, 2012
9:32 pm

Well I guess I should send Romney $10 just to even that out a little.

Why don’t you go the celebrity endorsement route, since as you say, it may be worth more.

barking frog

October 1st, 2012
9:34 pm

Jm
The Investment bankers
regulated themselves when
they accepted the bank
charters to get TARP.

Jm

October 1st, 2012
9:38 pm

Frog 9:34 agreed

barking frog

October 1st, 2012
9:42 pm

Jm
you in florida ?

Jm

October 1st, 2012
9:43 pm

Frog yawp

Was on the ATL last weekend tho

Jm

October 1st, 2012
9:43 pm