Harry Reid: GOP 'Making Love To Wall Street'

Harry Reid has always had a way of turning a phrase. On Wednesday afternoon, he turned his talents to a description of the GOP's relationship with Wall Street, as the two parties continue to debate the way forward on reform.

"The Republicans are having difficulty determining how they're going to continue making love to Wall Street," Reid, the Senate majority leader, said in a press briefing.

Spokesman Jim Manley seconded Reid's analysis. "What can I say -- it's true," said Manley. "Republicans are making love to Wall Street, while the people on Main Street are getting screwed."

Republicans have yet to agree to allow votes on amendments to Wall Street reform going forward.

Comments

[libertyearl]

01:56 AM on 05/11/2010

Never mind that Reid has taken in more contributions from Wall Street than just about any other Congressman, Rep. or Dem. Never mind that he has had Wall Street lobbyists working in his office. Never mind that the top 4 recipients for 2010 of Finance/RE/Insurance money has gone to Democrats. It is not just Republicans. We are in this mess because both parties are whoring themselves to Wall Street.
http://www.opensecrets.org/industries/summary.php?ind=F&recipdetail=M&sortorder=U&cycle=2010

[Huffrocks]

05:14 PM on 05/08/2010

Reid could care less about the Nevadan voter. It is time to

http://retireharryreid.com/2010/05/08/harry-reid-carrying-wall-streets-love-child/

[siamao]

07:20 PM on 05/06/2010

Another brief article summed up in a last sentence about
the stark reality of our national financial dilemma:
"Republicans have yet to agree to allow votes
on amendments to Wall Street reform [to go] forward."
Outlandish!

[Lahonda]

05:46 PM on 05/06/2010

Give 'em hell, Harry!

[morefromLA]

12:46 PM on 05/06/2010

Harry, I'm supporting you in your re-election bid but I think you have this one wrong. Love (beyond love of money) has nothing to do with it. Republicans are receiving payments for services rendered (cheaply).

[siamao]

07:22 PM on 05/06/2010

That distortion of love, in some circles, is known as "prostitution."

[Simone Hill]

05:50 AM on 05/07/2010

Republicans aren't making love... they are helping Wall Street "get off" in exchange for payment for their time and dignity.

[siamao]

10:27 AM on 05/07/2010

Whose dignity?

[lulu2010]

12:01 PM on 05/06/2010

Both parties (Gopcrats) are tossing the salad

[AirForceZoomer]

11:42 AM on 05/06/2010

That "making love" phrase is mere politeness, rather than the vernacular Wall St has been using on the USA for decades. But when all is said and done we will still have to contend with outrageous credit card interest rates, and "gotcha" overdraft and lateness fees. Our US Congress will remain in the pocket of the banking industry that contributes the largest amounts in re election bribes.

[kevin j williams]

11:33 AM on 05/06/2010

just like he did to the health insurance industry

[rmonroe]

11:20 AM on 05/06/2010

If the GOP and Wall street are making love, how come we are getting screwed? That doesn't seem fair.

[AliceMarie]

11:51 AM on 05/06/2010

Why did you not notice you were getting screwed when Obama and Wall Street were making love?

[00RM7]

04:04 PM on 05/06/2010

Do you have it on camera? It was Bush who was in bed with Wall Street and he deregulated them. Dick Cheney was in bed with oil companies as he let them write legislation.

[AliceMarie]

10:12 AM on 05/06/2010

Wall Street was making love to Obama.


Obama Top Fundraiser on Wall Street
Big Banks' Employees Gave Senator $479,000 in 1st Quarter

By Kristin Jensen and Christine Harper
Bloomberg News
Wednesday, April 18, 2007

Democratic presidential candidate Barack Obama ran ahead of New York Sen. Hillary Rodham Clinton (D) and former New York mayor Rudolph W. Giuliani (R) on their home turf in the first quarter, raising cash from the biggest investment banks on Wall Street.

http://www.washingtonpost.com/wp-dyn/content/article/2007/04/17/AR2007041701688.html

[RightwingDemocrat]

11:31 AM on 05/06/2010

The parent post was brought to you by the makers of Credit Default Swaps and by Citigroup. When you need that extra ounce of group think, think: Citigroup.

[AliceMarie]

11:55 AM on 05/06/2010

Speaking of Citigroup,
Acorn/Obama Sued Citigroup To Give The Loans That Caused This Mess.
Do you re­m­­e­m­­be­r how we­ t­old you t­hat­ t­he­ De­m­­oc­rat­s and g­roup­s assoc­iat­e­d wit­h t­he­m­­ le­ane­d on banks and e­ve­n sue­d t­o g­e­t­ t­he­m­­ t­o m­­ake­ bad loans unde­r t­he­ C­om­­m­­unit­y Re­inve­st­m­­e­nt­ Ac­t­ whic­h was a fac­t­or in c­ausing­ t­he­ e­c­onom­­ic­ c­risis (se­e­ H­ERE an More..d HERE ) … w­e­l­l­ l­o­o­k at w­hat s­o­me­ fe­l­l­o­w­ bl­o­gge­rs­ have­ dug up w­hi­l­e­ re­s­e­arc­hi­n­g O­bama’s­ l­e­gal­ c­are­e­r. L­o­o­ks­ l­i­ke­ a typi­c­al­ AC­O­RN­ l­aw­s­ui­t to­ ge­t ban­ks­ to­ han­d o­ut bad l­o­an­s­...

Read More:

http://www.liveleak.com/view?i=0d2_1223594831

[AliceMarie]

09:41 AM on 05/06/2010

Updated Tuesday, July 1st 2008, 4:23 AM

Wall Street is investing heavily in Barack Obama.

Although the Democratic presidential hopeful has vowed to raise capital gains and corporate taxes, financial industry bigs have contributed almost twice as much to Obama as to GOP rival John McCain, a Daily News analysis of campaign records shows.

"Wall Street wants change and wants a curtailment in spending. It wants someone who focuses on the domestic economy," said Jim Cramer, the boisterous host of CNBC's "Mad Money."



Read more: http://www.nydailynews.com/news/politics/2008/06/30/2008-06-30_barack_obama_has_collected_nearly_twice_-2.html#ixzz0n9lb8NdE

[levelshot]

09:55 AM on 05/06/2010

oh poor you.

[AliceMarie]

10:04 AM on 05/06/2010

I wonder if Wall Street will give as much to Obama in 2012? No? Then it will be 'oh poor you' when he loses.

[AliceMarie]

09:35 AM on 05/06/2010

Barack Obama (D)
Top Contributors

University of California $1,591,395
Goldman Sachs $994,795
Harvard University $854,747
Microsoft Corp $833,617
Google Inc $803,436
Citigroup Inc $701,290
JPMorgan Chase & Co $695,132
Time Warner $590,084
Sidley Austin LLP $588,598
Stanford University $586,557
National Amusements Inc $551,683
UBS AG $543,219
Wilmerhale Llp $542,618
Skadden, Arps et al $530,839
IBM Corp $528,822
Columbia University $528,302
Morgan Stanley $514,881
General Electric $499,130
US Government $494,820
Latham & Watkins $493,835

[siamao]

07:30 PM on 05/06/2010

So what? You're off topic The article is about "REPUBLICANS making love to Wall Street."

[Simone Hill]

06:08 AM on 05/07/2010

McCain top contributors:

Merrill Lynch $373,595
Citigroup Inc $322,051
Morgan Stanley $273,452
Goldman Sachs $230,095
JPMorgan Chase & Co $228,107
US Government $208,379
AT&T Inc $201,438
Wachovia Corp $195,063
UBS AG $192,493
Credit Suisse Group $183,353
PricewaterhouseCoopers $167,900
US Army $167,820
Bank of America $166,026
Gibson, Dunn & Crutcher $159,596
Blank Rome LLP $154,226
Greenberg Traurig LLP $146,437
US Dept of Defense $144,105
FedEx Corp $131,974
Bear Stearns $117,498
Lehman Brothers $114,357

[Lahonda]

09:10 AM on 05/06/2010

The GOP has every STD in the book, when it comes to assessing their relationship with Wall Street.

[AliceMarie]

09:30 AM on 05/06/2010

If that is the case, then the GOP got the STD's from Wall Street after Wall Street got the STD's from the Democrats!

[Lahonda]

11:55 AM on 05/06/2010

The Democrats have their own ailments to deal, for sure. However, the GOP has acquired EVERY disease in the vast journal of medicine. They're dirty through and through.

[corrai]

08:49 AM on 05/06/2010

Actually, what is happening is Wall Street has Republicans bent over the chair and...

[Roye Barber]

08:44 AM on 05/06/2010

I hope that the GOP is using protection. Making love to Wall Street could get you "burned". I wonder when they make love, do they dim the lights, throw on Barry White, and bring out the hot wax