Crunchy Con

Our saviours the Democrats

Monday December 15, 2008

Categories: Democrats, Economics

Next time you hear somebody blaming the Republicans for the economic disaster, refer them to this lengthy Times account of the faithful service New York Sen. Chuck Schumer has delivered to his Wall Street constituents. Excerpt:

"We are not going to rest until we change the rules, change the laws and make sure New York remains No. 1 for decades on into the future."

-- Senator Charles E. Schumer, referring to financial regulations, Jan. 22, 2007

WASHINGTON -- As the financial crisis jolted the nation in September, Senator Charles E. Schumer was consumed. He traded telephone calls with bankers, then became one of the first officials to promote a Wall Street bailout. He spent hours in closed-door briefings and a weekend helping Congressional leaders nail down details of the $700 billion rescue package.

The next day, Mr. Schumer appeared at a breakfast fund-raiser in Midtown Manhattan for Senate Democrats. Addressing Henry R. Kravis, the buyout billionaire, and about 20 other finance industry executives, he warned that a bailout would be a hard sell on Capitol Hill. Then he offered some reassurance: The businessmen could count on the Democrats to help steer the nation through the financial turmoil.

"We are not going to be a bunch of crazy, anti-business liberals," one executive said, summarizing Mr. Schumer's remarks. "We are going to be effective, moderate advocates for sound economic policies, good responsible stewards you can trust."

The message clearly resonated. The next week, executives at firms represented at the breakfast sent in more than $135,000 in campaign donations.

It was all of them. It's not the Democrats. It's not the Republicans. It's both. It's the Party of Money.

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Comments
Robin Thomas
December 15, 2008 2:05 PM

Charles Schumer is pond scum, a prick of astronomical proportion, one of the biggest sellouts in Congress.
However, they ALL suck.

Bugg
December 15, 2008 5:02 PM

Can recall as a college tudent Chuck Schumer's first run for Congress. His campaign prowess was on display at my local subway stop several rush hour mornings each week, consisting of Schumer hectoring commuters trying to board Manhattan-bound subway trains, literally running up and done the platform screaming "VOTE FOR ME FOR CONGRESS". Homeless panhandlers were more polite.They smelled and dressed better as well.

Schumer did win. Can recall thinking then that only a lunatic would go into politics if manic stupidity like Schumer was a prerequisite. Schumer may dress better and smell sweeter, but he's still the same nasty jerk that I saw harrassing commuters back then.

Scott R.
December 15, 2008 8:36 PM

As a downstate New Yorker, I have to say that Chuck Schumer is a fine Senator, and I would be more than pleased to have him on board for another couple of terms.

Jillian
December 15, 2008 9:25 PM

Our saviours the Democrats

What ever happened to the danger of the coming Great And Glorious Revolution in which wealth would be spread about to the undeserving masses that Republicans/conservatives warned us about a month ago? The ConIntern line shifts around in rather confusing fashion and quite rapidly on these things....

More importantly, I'm starting to wonder why American English is on the decline on ostensibly conservative American blogs. All this "gobsmack"ery and "saviour"dom stuff aside, will we start seeing "realise" and "evangelise" and "colour" soon? Is The Daily Telegraph looking to hire Americans or something?

John E. - Agn Stoic
December 16, 2008 11:00 AM

More importantly, I'm starting to wonder why American English is on the decline on ostensibly conservative American blogs. All this "gobsmack"ery and "saviour"dom stuff aside, will we start seeing "realise" and "evangelise" and "colour" soon? Is The Daily Telegraph looking to hire Americans or something?

Rupert Murdoch bought both Beliefnet and the Wall Street Journal, US conservative commentators have been affecting the British spellings in an attempt to curry favor with their new overlords.

It was all of them. It's not the Democrats. It's not the Republicans. It's both. It's the Party of Money.

Thus was it ever so. Surely this isn't news to you, Rod?

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About Crunchy Con

Rod Dreher is an editorial columnist for the Dallas Morning News, and author of "Crunchy Cons" (Crown Forum), a nonfiction book about conservatives, most of them religious, whose faith and political convictions sometimes put them at odds with mainstream conservatives. The views expressed in this blog are his own.

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