You know what they say, money talks and bull s—t walks. As the Senate prepares to overhaul Wall Street by approving a new Financial Regulation Bill, New York’s two Senators, Democrat Schumer and Gillibrand are nowhere to be found. Do you think they are dating? She doesn’t strike me as his type.
It has to be upsetting to the Wall Street firms that have given millions of dollars in political contributions to Chuck Schumer through the years. Perhaps the only place Schumer has been more visible through the years than the Senate floor, are the trading floors of Wall Street firms.
It simply does not appear that Wall Street is getting its money’s worth. A word of advice to the banking houses in Manhattan. You don’t need to pay them if they aren’t helping you. At a time like this, they are supposed to be working the phones on your behalf. That’s why you give them contributions to begin with.
On the other hand, newly elected Senator Scott Brown from the Teddy Kennedy State of Massachusetts has been burning the midnight oil on behalf of the mutual funds, insurance companies and banks in his home state. Frankly, I am in favor of regulation, but a Senator like either Schumer or Gillibrand represents the State with the biggest concentration of financial services in the nation. Haven’t you two ever heard the old Sam Rayburn admonition, “Vote your district!” Nobody could fault you for voting for the banks under these circumstances.
RichOnMoney

admin
Posted in


