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Tuesday, October 18, 2011

Wall Street Execs Blast DCCC

The Democratic Congressional Campaign Committee has urged visitors to its site to sign a petition supporting the Occupy Wall Street movement. Then they followed up that with an email campaign urging the recipients to visit their site and sign the petition. That got phones ringing. When a lobbyist calls a congressional aide that's one thing. When an executive makes a personal call to congressman that is a different matter especially if the executive is demanding to know just what the hell does the congressman and his party think they're up to.



Politico:“You can’t have it both ways,” said one in-house financial services lobbyist. “It just makes it harder for people who are Democrats in New York, Boston, Chicago to on the one hand be demogagued and then be asked ‘Hey, you can get your picture with the president for $30,000.’ It doesn’t square.”

That Politico article goes on to make the point that the Democrats were losing a very generous source of campaign finance. What Obama and the DCCC Chairman Steve Israel don't quite seem to get is the fact that there are limits to even liberals' patience. When Obama and congressional Democrats went after the Wall Street banks and Goldman Sachs in particular they hurt people badly. Children of lower and mid-level employees of Goldman Sachs started asking their mothers if daddy was going to jail and what did daddy do wrong. Even by the ever lowering standards of common decency among Democrats an ad hominem attack on an industry was a new low. Now to find out that the Democrats think more of street freaks and thugs than Wall Street institutions is more than the most ardent limousine liberal can bear.

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