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Dr.Phool Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-06-10 05:09 PM
Original message
New Dems met with Wall Street execs to weaken finance reform.
TPMMuckraker
New Dems Met With Wall St. Execs While Pushing to Weaken Financial Reform
Zachary Roth | January 6, 2010, 12:45PM

http://tpmmuckraker.talkingpointsmemo.com/2010/01/conservadems_met_with_wall_st_execs_while_pushing.php?ref=fpb


A group of moderate Democrats held private meetings this fall with executives from Goldman Sachs and JP Morgan Chase, while in the midst of pushing successfully to water down landmark legislation designed to beef up regulation of the financial industry.

In mid October, members of the New Democrat Coalition (NDC), a caucus of pro-business Democrats, traveled to New York City. According to an emailed itinerary for the trip drawn up by an event planner working for the group and obtained by TPMmuckraker, members met on October 12 with executives from Goldman, and the following day with execs from JP Morgan. Sandwiched between those events was a fundraiser for the New Dems, and a meeting with CEOs from Marsh and McLellan Companies, a consulting and insurance firm.



Based on the itinerary, the Goldman meeting was to be attended by Reps. Joe Crowley and Scott Murphy of New York, and Gabrielle Giffords of Arizona. The JP Morgan meeting was to be attended by Reps. Crowley, Murphy, Melissa Bean of Illinois, John Adler of New Jersey, and Jim Himes of Connecticut -- a former Goldman banker. Crowley serves as NDC's chair, and Bean as its vice chair.

According to a Hill aide familiar with the trip, the Wall Street meetings almost certainly didn't appear on any of the members' official schedules, because they were organized through NDC as part of a campaign trip -- hence the fundraiser -- rather than through the members' offices. If that's the case, the public had no way to know they occurred.

(snip)more and links at

http://tpmmuckraker.talkingpointsmemo.com/2010/01/conservadems_met_with_wall_st_execs_while_pushing.php?ref=fpb

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There's a whole list of New Dems and DLCers who need to be primaried. You expect this crap out of repukes, but not Dems.
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rfranklin Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-06-10 05:12 PM
Response to Original message
1. "Moderate Democrats" my ass! They are radical corporatists!
This is another case of using absolutely false labels to manufacture the appearance of acceptability.
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yurbud Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-06-10 08:23 PM
Response to Reply #1
11. In the labor movement, unions that really work for the boss are called ''company unions'' these are
company democrats.
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glitch Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-06-10 10:05 PM
Response to Reply #1
12. THANK you! So sick of them claiming the middle ground when they are anything but. nt
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Goldstein1984 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-06-10 05:19 PM
Response to Original message
2. I think someone wrote this in a post yesterday
or maybe Thom Hartman said it this morning, I don't remember now, but "The Democratic Party has moved so far Right that the only true democrats left are Progressives."

What the Democratic Party is doing to progressives reminds me a little bit of one of the immigration debate slogans: "We didn't cross the border, the border crossed us."

Maybe Progressives aren't a new group leaving the Democratic Party, maybe they are the remnants left behind when the party moved to the Right.

A lot of the charges being hurled at Progressives today sound a lot like the charges being hurled at Democrats during the Vietnam War protests and Civil Rights Movement back in the 60s.
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Dr.Phool Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-06-10 05:33 PM
Response to Reply #2
3. John Mitchell (Nixswines AG) nailed it.
As he was being interviewed on his way to prison, he said, "This country is going to move so far to the right, you're not going to recognize it".

Talk about prophecy.
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Goldstein1984 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-06-10 05:54 PM
Response to Reply #3
4. Indeed
We've also, obviously, become more militaristic as a people.

Andrew Bacevich describes the situation very well in "The New American Militarism."
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BR_Parkway Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-06-10 06:09 PM
Response to Original message
5. I wish they'd describe them as "pro-corporate" - there are a lot of
Democrats, myself included, who differentiate between business and corporate
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bkozumplik Donating Member (391 posts) Send PM | Profile | Ignore Wed Jan-06-10 06:25 PM
Response to Original message
6. check out the memberlist
from http://en.wikipedia.org/wiki/New_Democrat_Coalition


Zell Miller was a member.. co founder is Mary Landrieu.. Hillary Clinton, Kerry, Feinstein...
messy.



New Democrat Coalition members (House)

The following 68 members of the House of Representatives currently belong to the New Democrat Coalition.<3>
Alabama

* Bobby Bright (AL-2)
* Parker Griffith (AL-5)
* Artur Davis (AL-7)

Arizona

* Harry Mitchell (AZ-5)
* Gabrielle Giffords (AZ-8)

Arkansas

* Vic Snyder (AR-2)

California

* Lois Capps (CA-23)
* Adam Schiff (CA-29)
* Jane Harman (CA-36)
* Laura Richardson (CA-37)
* Loretta Sanchez (CA-47)
* Susan Davis (CA-53)

Colorado

* Diana DeGette (CO-1)
* Jared Polis (CO-2)
* Ed Perlmutter (CO-7)

Connecticut

* John B. Larson (CT-1)
* Joe Courtney (CT-2)
* Jim Himes (CT-4)
* Chris Murphy (CT-5)

Florida

* Kendrick Meek (FL-17)
* Debbie Wasserman Schultz (FL-20)
* Ron Klein (FL-22)
* Suzanne Kosmas (FL-24)

Georgia

* John Barrow (GA-12)
* David Scott (GA-13)

Illinois

* Melissa Bean (IL-8), Vice-Chair
* Debbie Halvorson (IL-11)
* Bill Foster (IL-14)

Indiana

* André Carson (IN-7)

Kansas

* Dennis Moore (KS-3)

Louisiana

* Charlie Melancon (LA-3)

Maryland

* Frank Kratovil (MD-1)

Michigan

* Mark Schauer (MI-7)
* Gary Peters (MI-9)

Missouri

* Russ Carnahan (MO-3)

Nevada

* Shelley Berkley (NV-1)

New Jersey

* John Adler (NJ-3)
* Rush D. Holt (NJ-12)

New Mexico

* Martin Heinrich (NM-1)

New York

* Steve Israel (NY-2)
* Carolyn McCarthy (NY-4)
* Gregory W. Meeks (NY-6)
* Joseph Crowley (NY-7), Chair
* Mike McMahon (NY-13)
* Eliot L. Engel (NY-17)
* Scott Murphy (NY-20)
* Mike Arcuri (NY-24)
* Dan Maffei (NY-13)
* Brian Higgins (NY-25)

North Carolina

* Bob Etheridge (NC-2), charter member
* Mike McIntyre (NC-7), charter member

Ohio

* Charlie Wilson (OH-6)
* John Boccieri (OH-16)

Oregon

* David Wu (OR-1)
* Kurt Schrader (OR-5)

Pennsylvania

* Jason Altmire (PA-4)
* Joe Sestak (PA-7)
* Patrick Murphy (PA-8)
* Chris Carney (PA-10)
* Allyson Schwartz (PA-13), Vice-Chair

Texas

* Charlie Gonzalez (TX-20)

Virginia

* Jim Moran (VA-8), charter member
* Gerry Connolly (VA-11)

Washington

* Jay Inslee (WA-1)
* Rick Larsen (WA-2)
* Brian Baird (WA-3)
* Adam Smith (WA-9), Vice-Chair, charter member

Wisconsin

* Ron Kind (WI-3), Vice-Chair, charter member

Former members
Former Representatives

Members who have left Congress:

* Bob Matsui (CA-5), charter member, deceased
* Juanita Millender-McDonald (CA-37), deceased
* Jim Davis (FL-11), charter member, did not seek re-election
* Peter Deutsch (FL-20), charter member, did not seek re-election
* Denise Majette (GA-4), did not seek re-election
* Ed Case (HI-2), did not seek re-election
* James A. Barcia (MI-5), charter member, did not seek re-election
* Bill Luther (MN-6), charter member, lost re-election following redistricting
* John J. LaFalce (NY-29), charter member, did not seek re-election
* Karen McCarthy (MO-5), charter member, did not seek re-election
* Thomas C. Sawyer (OH-14), charter member, lost re-election following redistricting
* Bob Clement (TN-5), charter member, did not seek re-election
* Harold Ford (TN-9), did not seek re-election
* Max Sandlin (TX-1), charter member, lost re-election following redistricting
* Jim Turner (TX-2), charter member, did not seek re-election
* Charles Stenholm (TX-17), charter member, lost re-election following redistricting
* Ken Bentsen (TX-25), charter member, did not seek re-election
* Chris Bell (TX-25), lost re-election following redistricting
* Tim Mahoney (FL-16), lost re-election in 2008
* Nick Lampson (TX-22), lost re-election in 2008
* Kirsten Gillibrand (NY-20), appointed to Hillary Clinton's vacant Senate seat
* Ellen Tauscher (CA-10), appointed Under Secretary of State for Arms Control and International Security Affairs

Disaffiliated members

Former members who remain in Congress, but who are no longer affiliated with the NDC:

* Mike Thompson (CA-1)
* Dennis Cardoza (CA-18)
* Robert Wexler (FL-19), charter member
* Pete Visclosky (IN-1), charter member
* Mike Michaud (ME-2)
* Bart Stupak (MI-1), charter member
* Heath Shuler (NC-11) <1>
* Brad Miller (NC-13)
* Earl Pomeroy (ND), charter member
* Bill Pascrell (NJ-8), charter member
* Steve Rothman (NJ-9), charter member
* Jim Clyburn (SC-6), charter member
* Jim Cooper (TN-5)
* Norman D. Dicks (WA-6), charter member

Senate New Democrat Coalition members

The following Senators belong or belonged to the Senate New Democrat Coalition.<4><5><6>
Current senators

* Blanche Lincoln (AR, founder)
* Dianne Feinstein (CA, by 2001)
* Thomas R. Carper (DE, by 2001; co-chair from 2003)
* Joe Lieberman (CT, founder)
* Bill Nelson (FL, by 2001)
* Evan Bayh (IN, founder)
* Mary Landrieu (LA, founder, co-chair from 2003)
* John Kerry (MA, from 2000<7>)
* Debbie Stabenow (MI, by 2001)
* Kent Conrad (ND, from 2000)
* Ben Nelson (NE, by 2001)
* Tim Johnson (SD, from 2000)
* Maria Cantwell (WA, by 2001)
* Herb Kohl (WI, from 2000)

Former senators

* Hillary Rodham Clinton (NY, from 2001; retired from Senate in 2009 <8>)
* Bob Graham (FL, founder, chair from 2000-2003; retired from Senate in 2003)
* Max Cleland (GA, from 2000; defeated in 2002)
* Zell Miller (GA, from 2001; retired from Senate in 2004)
* John Breaux (LA, from 2000; retired from Senate in 2004)
* Jean Carnahan (MO, from 2001; defeated in 2002)
* John Edwards (NC, from 2000; retired from Senate in 2004)
* Bob Kerrey (NE, from 2000; retired from Senate in 2000)
* Richard Bryan (NV, from 2000; retired from Senate in 2000)
* Chuck Robb (VA, from 2000; defeated in 2000)

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HillbillyBob Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-06-10 06:36 PM
Response to Reply #6
7. Well well well we just keep getting sold out to the fascists
We need ot organize progressive challengers. I would run but i have a 'checkered' past no real wrong doing just being gay.
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glitch Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-06-10 10:13 PM
Response to Reply #6
13. Thanks for the list of usual suspects.
A couple of them have some redeeming qualities like going after corruption and outright treason like Kerry and Cantwell. As for the rest of them... collaborators and appeasers.
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JohnWxy Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-06-10 07:26 PM
Response to Original message
8. RECOMMENDED.
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girl gone mad Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-06-10 07:43 PM
Response to Original message
9. Melissa Bean is the worst of the worst.
And yes, this reform is bogus and hollow because of the efforts of the new Dems.
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OHdem10 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-06-10 08:18 PM
Response to Original message
10. Surprised???
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