Wall Street banks threaten to withhold campaign funds from Dems in tantrum against Elizabeth Warren

[still_one]

"Big Wall Street banks are so upset with Democratic Senator Elizabeth Warren’s call for them to be broken up that some have discussed withholding campaign donations to Senate Democrats in symbolic protest, sources familiar with the discussions said.

Representatives from Citigroup, JPMorgan, Goldman Sachs and Bank of America, have met to discuss ways to urge Democrats, including Warren and Ohio Senator Sherrod Brown, to soften their party’s tone toward Wall Street, sources familiar with the discussions said this week."

.......

"JPMorgan representatives have met Democratic Party officials to emphasize the connection between its annual contribution and the need for a friendlier attitude toward the banks, a source familiar with JPMorgan’s donations said. In past years, the bank has given its donation in one lump sum but this year has so far donated only a third of the amount, the source said."

http://www.rawstory.com/rs/2015/03/wall-street-banks-threaten-to-withhold-campaign-funds-from-dems-in-tantrum-against-elizabeth-warren/

[MannyGoldstein]

1. Then the best option for Democrats...

Will be to put her charge of destroying the big banks, so they can't give to Republicans, either.

[still_one]

3. Problem is I doubt you would find enough Democrats in Congress that would break up the banks

[RiverLover]

2. They are running the country, and ruining it.

Time to rein them in!!!!

[still_one]

5. and how do you think that will happen when most of the Democrats in Congress are paid off just like

the republicans?

The only way that could occur is to elect folks like Warren, Sanders, Franken, etc., and that could take years

[RiverLover]

6. Not the House Dems!

They are true & they ROCK. We can get more of them if we actually try.

[still_one]

8. Assuming your premise is true, with the gerrymandering that has been put in place for the next 6 to

7 years, I doubt that the Democrats in that chamber, liberal, moderate, or conservative, will be able to change the house's majority for some time.

What needs to be done is to kick the paid lobbyists out of Washington, and I have no idea how that can be done, since they are so entrenched, and Citizens United has made Congress subject to being bought and paid for by these lobbyists

It will take a grass roots effort, and I am very skeptical of the American public as a whole


Keep in mind, I am not disagreeing with your point, I just think at best it will take years to accomplish

[Dustlawyer]

16. We could also demand Publicly Funded Elections!

It's a sad state of affairs when we gage our political candidates by how much in bribes they have been able to amass!

[RiverLover]

23. ^^^^+ A million! Support Wolf PAC!

http://www.wolf-pac.com/

....& if anyone has an hour for the most important issue of our times~

[daleanime]

30. Amen....

time to get to work.

[think]

37. Thank you for the reminder. /nt

[NoJusticeNoPeace]

53. Love Cenk, will get behind anything he is up to..

Just signed up at wolf pac...

[still_one]

44. Actually that is the real solution, but I sure don't see Congress obliging

[L0oniX]

41. Hillary 2016! She will save us from the banksters.

[Romeo.lima333]

66. electing them would require that dems vote

good luck

[Scuba]

4. Good. Real Democrats wouldn't be taking money from the banksters anyway.

[Cryptoad]

59. Bridges,,,,,Bridges for sale,,,,Today,,,Get your Bridges!

[rhett o rick]

74. Really, that's your argument for supporting big banks and Wall Frackin Street? nm

[Cryptoad]

78. There you go again,,,,

I never proposed any arguments supporting big bank and WS. but if it makes you feel better about yourself,,,,just continue to make it you as you go.... good luck and so long.

[rhett o rick]

79. Sorry if I misunderstood your cute and sarcastic post that mocks the post. nm

[sendero]

7. That would be a good start..

... then maybe we could start actually regulating banks and holding crooked banksters to account.

[Volaris]

9. Why is it now, that all these rich and powerful, Masters-of-the-Universe,

Big-Dicked Bankers would be so asceered now of that ONE little woman...i mean, all she did was get herself elected to Congress..no reason to be afraid...right? RIGHT?????

I think it's because they know what's coming for them, and theyre not quite ready yet (almost) to have their private Corporate police and military take over the Security State...they have to try (at least for a little while longer) to buy the silence of the opposition..

Keep at it Liz. Keep at it Bernie. They know what they TRULY deserve...have at them, because there are MILLIONS of us that have your backs.

[L0oniX]

61. You dare to mock the oligarchy?

[Liberalynn]

10. Look at all the people who are afraid of one

woman who speaks the truth. The bankers, the brokers, the conservadems.

They have to know her message is starting to resonate with more than just a few "ideologically entrenched liberals" as they would like us to believe. Otherwise they would just ignore her as some fringe loon.

The fact that they are ganging up on her and trying to silence her says to me, she has the power to be a game changer and they know it, otherwise they'd just ignore her.

So I say triple down Senator Warren, triple down!

[RiverLover]

24. Triple Down!! 2nd that! /nt

[L0oniX]

62. ^^^this^^^

[smirkymonkey]

76. +1000

[djean111]

11. And some of us are shouted down or dismissed when we say the Democratic Party has been sold

to Wall Street, and must do their bidding.
I wish the party leaders would just go ahead and change the name of the party to Third Way Beholden Toadies, and let actual Democrats keep the party name.

[ibewlu606]

12. Kicked

The bank's actions are proof why Hillary SHOULDN'T be the Democratic nominee.

[leftofcool]

13. So, in addition to the Koch Bros, the big banks will now be funding the Republican party?

Wonderful. We don't need the big banks or Wall Street or the big corporations to help us Dems get elected. Surely Senator Warren can come up with the billion dollars it will take to run for office.

[global1]

15. From The American People....

The power is in We The People and We The People must now come to the aid of Elizabeth Warren and fund her campaign. She has them on the banks on the run and We The People need to mount a massive fund raising effort now to take back control of our destiny. Unfortunately - TPTB have demoralized The People and created a situation where We The People are so demoralized that We The People can't even muster up enough effort to GOTV.

Who and how do you re-motivate The People - to take back our country from these Bankster's and Corporatist's?

[leftofcool]

32. It takes money for anyone Dems want to run for president and lots of it.

How we get it is the 64K question.

[LondonReign2]

22. Are you suggesting Warren is to blame here?

[leftofcool]

29. Nope.

Can Dems raise a billion dollars for anyone to run?

[LondonReign2]

72. Your response again indicates you feel Dems should "play nice" with banks

because we need their campaign contributions to win

[think]

35. Come on. Big banks play both sides of the fence and already give more to Republicans

Overall:
http://www.opensecrets.org/industries/indus.php?ind=F03

Goldman Sachs:
http://www.opensecrets.org/orgs/toprecips.php?id=d000000085&cycle=2014

JP Morgan:
https://www.opensecrets.org/orgs/toprecips.php?id=D000000103&cycle=2014

[leftofcool]

38. Yes, they do but does that we we don't need some of their money?

[think]

46. From banks that have obviously violated the public trust? Let the GOP be the party of corruption.

it would take days if not weeks just to cover all the scandals and corrupt activity these banks are engaged in.

http://www.reuters.com/article/2014/03/14/us-fdic-libor-idUSBREA2D1KR20140314

http://forexmagnates.com/citi-dropped-from-ecbs-foreign-exchange-forum-fxcg/

http://www.forbes.com/sites/billsinger/2012/08/10/senator-levin-slams-department-of-justices-inaction-against-goldman-sachs/

http://www.nytimes.com/2013/11/22/opinion/another-banking-scandal.html?_r=0

http://www.zerohedge.com/news/2014-11-20/latest-scandal-goldman-ny-fed-employees-busted-colluding-illegally-sharing-confident

http://money.cnn.com/2014/11/20/investing/goldman-commodity-manipulation-wall-street/

[L0oniX]

49. Yeah we'll take their "blood diamond" money so Hillary can win.

[leftofcool]

55. It doesn't have to be Hillary

[DonCoquixote]

73. it means we cannot depend on them

because they will turn on us the first chance they get, and hit us when prone, like we are now thanks to the rather smashed primary.

[frylock]

54. I, for one, welcome our new insect overlords

[marle35]

80. Excellent summation of that post. nt

[rhett o rick]

75. Let me guess your point. Democrats need big bank money to get elected so

we can support their legislation. Is that close? And you are left of what?

[Fuddnik]

14. Good. Tax them to the point that they don't have enough to donate to anybody!

That would be a good start to campaign finance reform, and getting the money out of elections!

[Autumn]

17. Let them. Fuck their blackmail.

[Cosmic Kitten]

20. Will ANY Democrat in Congress speak out against this blackmail?

Doubtful

[L0oniX]

40. Spine???

[Cosmic Kitten]

42. I know, I know... It is asking a LOT from our representatives

[L0oniX]

48. "our representatives" ??? I guess we will see who they represent now.

[Cosmic Kitten]

18. Banksters are now BLACKMAILING and taking hostages?

The Market Fundamentalists
are blackmailing the Democrats?!?

If Wall St hurts the Democrats
ability to gain a Senate majority
there is NO SCOTUS leverage.

No matter who is elected president
in 2016, without the Senate no
Pro-Choice justice will be approved.

"If elected" Hillary won't have ANY
support for her SCOTUS nominees
without a Democratic Senate.

Dems need to blame Wall St
for losses in 2016

[LondonReign2]

19. The PERFECT example of what is wrong with our political system

and the exact reason so many Democrats have become corporate shills.

[Cosmic Kitten]

25. Market Fundamentalism IS the "political system"

Free Market Fundamentalism
has replaced the "democratic process"

This is what a newborn
oligarchy looks like.

[Dont call me Shirley]

21. Wall St Bankers...

[blkmusclmachine]

26. "The banks own the place."

[Fred Sanders]

28. Well, the bankers thought the same in Iceland as I recalll....now they are on ice...

[angrychair]

27. how best to put this...

Hey Wall Street:

SUCK IT


[link:http://www.google.com/imgres?imgurl=&imgrefurl=http://pixshark.com/middle-finger-memes.htm&h=512&w=506&tbnid=TdmNI_hhw_D6aM:&zoom=1&docid=6plLoIvqkR-6zM&hl=en&ei=9GEVVfD1DYyyogSJwoKoDg&tbm=isch&ved=0CIUBEDMoVzBX|

[mountain grammy]

31. I'm sure they don't even need a reason to do this

they give much more to Republicans and they seem to be winning.

[PowerToThePeople]

33. sounds like extortion

Which, if done by an organization is racketeering. Toss them in jail and break the fuckers up.

[cstanleytech]

45. I wonder if a RICO case could be made here then. nt

[heaven05]

34. "We the People"

of the Democratic Party must make up the shortfall then. There are enough of us. Yes I'll be donating when necessary. Especially since it's the lubricant that greases the political will-wheel in this system. Fuck the banks, we have enough grit to defeat them.

[GoneFishin]

36. "Then we're going to stop bribing the democrats." Ok by me. Best thing that could happen.

[L0oniX]

39. The oligarchy masters speak and Democrats tremble with fear.

Last edited Fri Mar 27, 2015, 11:08 AM - Edit history (1)

You know who the masters are ...they are the enemies of the common people. They have no shame and are emboldened now. The veil is pulled back. Eye's wide open people. This is how they control us and our party. How can you in good conscience vote for anyone who has any ties or affiliation to the oligarchy? Warren may be our last chance to beat them back ...and the oligarchy knows it!

[cstanleytech]

43. If they actually are discussing this then imo this proves that they do need to be broken up. nt

[erronis]

47. Perhaps it is time to take the elections away from M$M

My limited understanding of how this process works (campaigning, primaries, elections, etc.) is that there is really very little hard money needed to get a name on the ballot and to travel to the necessary states, conventions.

Most of the $$$ needed goes into the pockets of Main $tream Media, paid consultants, fancy shindigs, etc.

The M$M is already bought and paid for by the plutocrats and shoveling wads of cash into their advertising maw is not really going to affect their slanted reporting. Paid consultants and sycophants aren't worth a penny on the dollar. Smart volunteers are worth an infinite amount more.

Instead of expensive convention halls let's have open-air gatherings around the country. Let's use the 99% megaphone from Occupy Wall Street to advertise. Let's canvas the US neighborhoods with sincere volunteers rather than blast paid political advertisements on T.V.s.

With an approach like this and sufficient populace enthusiasm, a ticket with Bernie or Liz on it is possible, and it could be a winning ticket.

[jeff47]

50. First they ignore you, then they laugh at you, then they fight you, then you win.

We appear to be on "step 3".

[obxhead]

51. Yet they will be happy to donate to the Clinton campaign.

That should tell us everything we need to know about the type of administration she would run.

[jwirr]

52. IMO that is not much of a threat. I doubt they support many Democratic candidates anyhow.

The banksters have a mistaken idea that it is politicians who are driving the idea of breaking up the banks. They will be in for a big surprise when they realize that there are a lot of people (in all the parties) who blame them for the mess we are in.

[stone space]

56. Good. (nt)

[democrank]

58. Foe the majority in Washington, it`s just not the proper place to

stick to principles and show you have a backbone. I`m glad Elizabeth Warren is different.

[TBF]

60. Fine - let's have Elizabeth replace Harry Reid.

Then the banks will have something to really cry about.

[still_one]

65. Won't happen, not enough seniority. Pattrick Leahy, would be a good choice

[TBF]

69. I like him too. nt

[still_one]

71. So much better than Schumer

[johnnyreb]

63. Comments on Yahoo seem encouraging

For what it's worth:
http://news.yahoo.com/exclusive-upset-warren-u-banks-debate-halting-campaign-050636031--sector.html

[RiverLover]

64. Really encouraging. Wow.

Thanks for posting. Gives me hope.

[moondust]

67. Are the SCOTUS-5 listening?

[LittleBlue]

68. Wait, we can finally be rid of this democratic cancer?

Go away, we don't want you.

[Left coast liberal]

70. That is how I know it is the exact correct tone....

[redstateblues]

77. As long as democratic voters stay home during mid terms

We are doomed. Simple as that. The Rs will continue to control congress and continue to take over state legislatures. It's very discouraging.