CNBC: Congressional Republicans ‘Hate Wall Street’

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If you don't give me money, I won't bail you out!

Conservative opposition to a federal bailout of financial institutions is over campaign donations, not a desire to uphold sound market principles, according to CNBC.

CNBC's chief Washington correspondent John Harwood said Sept. 25 on "Squawk Box" that he had a conversation with "a top Republican member of congress last night" who told him the resistance among conservatives to the $700 billion bailout plan is in part due to Wall Street donations to Democrats.

"‘A lot of our guys have decided that we hate Wall Street ... because they're giving a lot of money to Democrats right now,'" Harwood said he was told by an unnamed source.

"We've talked about how nice the bi-partisan coming together of the far left and the far right to oppose this plan. It was heartwarming, right? That finally brought the fringe elements of both sides together on this," co-host Joe Kernen joked.

The political action committees of American companies had contributed almost $214 million to the Democrats and Republicans by late July, according to The Economist's Sept. 18 issue.

Even though the Democratic Party has not historically kept step with the Republican Party on campaign contributions from business, the magazine pointed out that for the first time in over two decades, the cash was evenly divided with each party received roughly $107m.

—Paul Detrick is a research analyst at the Business & Media Institute.


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You know the Dems are going

You know the Dems are going to try and claim that this crisis is due to Republicans.  Nothing could be further from the truth.  If someone says that it is due to Republican's, show them this video (should be required watching for everyone before they are allowed to vote).

“But maybe you obviously have a better memory about that."- Wolf Blitzer

RhB... I saw this early

RhB...

I saw this early this morning..it was a great summary...just excellent, plus I saved the link too to send on to others that I feel need to know more about this all.

Also, I was looking up some info on Fwankie too this morning on google...and found this when it comes to involvement with FannieMae and one of his lovers...

Let alone other people like Paul Krugman...

You may have already seen this link earlier, but others may not have...it is eye-opening...and yet the msm still keeps mum...which of course we can expect nothing less.

"America isn't the problem...America is the solution." ~ Rush Limbaugh

Even though the Democratic

Even though the Democratic Party has not historically kept step with the Republican Party on campaign contributions from business, the magazine pointed out that for the first time in over two decades, the cash was evenly divided with each party received roughly $107m.

See Harwood, you little leftie mental midget...

...Even Steven!

Nah...na na na Nah!

...so there!

 

"America isn't the problem...America is the solution." ~ Rush Limbaugh

Harwood under my skin

He is like a tape worm, parasite with a tiny brain.  If I see him on a panel I have turn the channel quick before I break something.  I am out of channels that I can tolerate, other than FOX. Didn't see Katie's interview w/ Sarah but just looking at her smirk is enough for me, especially after seeing the happy face with Biden.  Did she show any sympathy for Sarah on the email hacking? doubtful.  Man if you can't show compassion for someone having their privacy invaded your really a low life.  

Blueg...  Boy did you

Blueg...

 Boy did you ever nail that...he is like a tapeworm, I also have to turn it anymore when I see him most times also if I am near the clicker in time to do so...

I also agree with that smirk, that disdainful look on Katie's face during that interview...that picture was worth a thousand words when she showed her true colors, like I have never seen before.

Glad you brought that up...I have wanted to comment on that before and kept forgetting.

"America isn't the problem...America is the solution." ~ Rush Limbaugh

Wait a minute, wait a MINUTE!

The Repubs are the party of the rich, everyone knows that, the greedy corporations give to the Republicans so they can starve old people, kill children, kick dogs and kill the planet. The Republicans love big business, and BB loves the Republicans. I have it on good authority.

Oh... um... there are... ah... new, er... talking points?

Never mind.

 

"... smells like... victory." - Robert Duvall

IJ... Roaring with

IJ...

Roaring with laugher here...

Wilson you say... that beats all! 

...too funny!

"America isn't the problem...America is the solution." ~ Rush Limbaugh

Yeah, sometimes things just

Yeah, sometimes things just fall into place, y'know?

;^)

 

"... smells like... victory." - Robert Duvall

"CNBC's chief Washington

"CNBC's chief Washington correspondent John Harwood"

In the future, please refer to Harwood by his real title:

"CNBC's chief Washington propagandist John Harwood"

strat... You've got that

strat...

You've got that right...

I still remember a show on Morning Joe about 6-9 months ago where Joe was asking him questions and he said your people to Joe...and Joe said what do you mean by my people, he said well my side is against whatever they were talking about blah blah blah...it was hilarious...he was caught in a trap..it was priceless...I was pretty ill at the time or I would of looked it up and posted it or sent it to Mark Finkelstein except I don't know that he was covering them like he is now.

Nevertheless, spoke volumes about his propaganda.

"America isn't the problem...America is the solution." ~ Rush Limbaugh

Wow, I'll say! Even the

Wow, I'll say!

Even the trained circus seals slip up every now and then.

But now I'm a little confused... isn't "your people" code for "black people"?

I imagine Harwood has been re-educated by now.

'I AM MINISTRY OF THE TREASURY OF THE REPUBLIC OF AMERICA.'

SUBJECT: REQUEST FOR URGENT BUSINESS RELATIONSHIP

DEAR AMERICAN: I NEED TO ASK YOU TO SUPPORT AN URGENT SECRET BUSINESS RELATIONSHIP WITH A TRANSFER OF FUNDS OF GREAT MAGNITUDE.

I AM MINISTRY OF THE TREASURY OF THE REPUBLIC OF AMERICA. MY
COUNTRY HAS HAD CRISIS THAT HAS CAUSED THE NEED FOR LARGE TRANSFER OF
FUNDS OF 800 BILLION DOLLARS US. IF YOU WOULD ASSIST ME IN THIS
TRANSFER, IT WOULD BE MOST PROFITABLE TO YOU.

I AM WORKING WITH MR. PHIL GRAMM, LOBBYIST FOR UBS, WHO WILL BE MY
REPLACEMENT AS MINISTRY OF THE TREASURY IN JANUARY. AS A SENATOR, YOU
MAY KNOW HIM AS THE LEADER OF THE AMERICAN BANKING DEREGULATION
MOVEMENT IN THE 1990S. THIS TRANSACTIN IS 100% SAFE.

THIS IS A MATTER OF GREAT URGENCY. WE NEED A BLANK CHECK. WE NEED
THE FUNDS AS QUICKLY AS POSSIBLE. WE CANNOT DIRECTLY TRANSFER THESE
FUNDS IN THE NAMES OF OUR CLOSE FRIENDS BECAUSE WE ARE CONSTANTLY UNDER
SURVEILLANCE. MY FAMILY LAWYER ADVISED ME THAT I SHOULD LOOK FOR A
RELIABLE AND TRUSTWORTHY PERSON WHO WILL ACT AS A NEXT OF KIN SO THE
FUNDS CAN BE TRANSFERRED.

PLEASE REPLY WITH ALL OF YOUR BANK ACCOUNT, IRA AND COLLEGE FUND
ACCOUNT NUMBERS AND THOSE OF YOUR CHILDREN AND GRANDCHILDREN TO WALLSTREETBAILOUT@TREASURY.GOV
SO THAT WE MAY TRANSFER YOUR COMMISSION FOR THIS TRANSACTION. AFTER I
RECEIVE THAT INFORMATION, I WILL RESPOND WITH DETAILED INFORMATION
ABOUT SAFEGUARDS THAT WILL BE USED TO PROTECT THE FUNDS.

YOURS FAITHFULLY MINISTER OF TREASURY PAULSON

Fannie, Freddie and the primrose path.

Chris Dodd is my Senator for the last twenty-five years. I can't avoid it. I don't vote for him, I don't give him money and I don't speak well of him. I do give money to his opposition every time he comes up for election but I cannot give enough money because all of the fat cats on Wall Street give him all sorts of money.

It is no accident that the states that the Wall Street fat cats live in have all Democrat Senators. Nor is it an accident that Chuck Schumer is the head of the Democrat party's committee to elect a controlling majority in the Senate. He has a direct pipeline into all that Wall Street fat cat money. Why would Wall Street Fat Cats give money to Democrats? They appreciate a politician who stays bought.