The New Democrats: The Coalition Pharma and Wall Street Love

[bobthedrummer]

by Sebastian Jones and Marcus Stern (10-25-10 ProPublica)

"As Congress entered the final weeks of its struggle to overhaul regulation of Wall Street in May, several hundred friends and colleagues slipped out of Washington for a private weekend on Maryland's Eastern Shore.

Most were lobbyists for large banks, pharmaceutical firms, insurance companies, and big-ticket trade groups.

However, 28 were members of Congress, and 29 were legislative staffers, all part of a coalition of House Democrats with a business-friendly agenda..."
http://www.propublica.org/article/new-democrat-coalition

Know your DLC.

[polichick]

1. k&r - lots of important details in this article. Everytime I read about...

...the blue dogs and the new Dems, I want to throw up. Makes me wonder if its possible to save the party from itself.

[bobthedrummer]

4. Me too polichick, yet ngu...

[brentspeak]

2. It should be noted that not every member of the New Democrat coalition are Wall St. tools

Carolyn McCarthy and Joe Sestak both have New Democrat membership, but are, for the most part, progressive Democrats.

On the other hand, Melissa Bean, Joseph Crowley, and Jason Altmire are just financial industry lobbyists posing as Democrats.

[bobthedrummer]

3. How Bank CEO and Hedge Fund Campaign Donations Differ

by Eamon Javers (10-26-10 CNBC.com)

Check out the list of contributions and contributors linked in the article DUers. It's highly interesting to this small person.

"When does a hedge fund chief forget to hedge his bets? When he's writing a check to a political campaign."
http://www.cnbc.com/id/39834937

[bobthedrummer]

5. kick

[joeybee12]

6. KNR

[bobthedrummer]

7. CREW-Unfinished Business 26 Most Corrupt Members of Congress

http://www.crewsmostcorrupt.org/

[Hell Hath No Fury]

8. Yup.

And I suspect those very Corps are going to get a whole lot of stuff they lurve courtesy of O, a GOPer House, and Blue Dog/New Democrat/Third Wayers. :puke:

[bobthedrummer]

9. Regardless of the cost to US small people (citizens)

btw here's a link to the Portal: Corporate Rights @ Source Watch.org

Welcome to the clearinghouse on corporate "rights"
http://www.sourcewatch.org/index.php?title=Portal:Corporate_Rights

[Hell Hath No Fury]

10. Always regardless, always.

:( :mad: Thanks for the link.

[bobthedrummer]

11. Who Bankrolls Congress? by Josh Israel and Aaron Mehta (Center for Public Integrity)

The Big Money Behind Top Lawmakers
http://www.publicintegrity.org/articles/entry/2111/

[bobthedrummer]

12. I'm getting out the vote all weekend for Democrats here in Wisconsin-a paradox kick

plus I've been a volunteer (since August) for one candidate who has never held or even sought elected office, he's running as a Democrat-and it looks as though he will be elected regardless of the outcome of all other races here. He's aware of the New Democrats and is opposed to corporatists of all stripes.