New York Dems Standing Strong For Wall Street

[babsbunny]

http://www.huffingtonpost.com/news/the-financial-fix

Huffington Post | Ryan Grim | June 16, 2010

House Democrats representing New York are making a last-minute push to defend the interests of the state's most profitable industry.

On Monday night, Gary Ackerman, a Democrat who represents Queens, told his fellow caucus members that if reform is too tough on Wall Street -- particularly, if it includes a tough derivatives proposal from Blanche Lincoln or a hardened Volcker Rule -- the 26 members of the New York delegation may abandon the party on a final vote. He claims that reduced profits for Wall Street translates into lower tax revenue for the state and city, which hurts all New Yorkers.

[Dawson Leery]

1. The tea party may be the only thing to save

the Democrats this fall. That is it.