Wall Street’s Democrats
Wall Street’s current disaffection is intriguing, as Mr. Schumer served for 30 years as Horatio at the bridge, guarding against too many incursions against the financial industry. He artfully sidetracked an effort to tax hedge funds and pushed for repeal of legislation that prohibited commercial banks from engaging in risky investments like trading stocks or mortgage-backed securities. And he helped craft a bank-friendly bailout. In return, he has taken in more money from the securities and finance industry over the course of his career than any Democrat other than Senator John Kerry of Massachusetts. (NYT, 2/4/2010)
Democrats love to pin the shenanigans of Wall Street on Republicans. The dirty little secret is that the fat cat bankers are, as often as not, Democrats supported by Democrat politicians. (See Corzine, Jon)
That Old Kennedy Magic!
A stung U.S. Sen. Scott Brown lashed out at U.S. Rep. Patrick Kennedy today for insulting his landmark win by calling his candidacy “a joke.”
Brown said Kennedy’s remarks are “mean-spirited,” especially coming on the day he was celebrating being sworn into office.
“This is where he shows that when they need him, he’s in the tank for the Republicans,” Kennedy is quoted as saying.
A WPRI-12 poll shows Kennedy with a 56 percent unfavorability rating in his district. (Boston Herald, 2/5/2010)
RedStateVT hereby accuses Democrat Patrick Kennedy of being “in the tank” for the Democrats! How do you plead, sir?
The President Will See You Now
President Barack Obama will meet with the Dalai Lama later this month, White House Press Secretary Robert Gibbs said Thursday. Gibbs declined to give a specific date. (CNN, 2/4/2010)
Recall that last October the Dalai Lama was in town, but the President chose not to meet with him.
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