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With Dems Like This... From Elizabeth Warren's Book...
Former Congresswoman Now Officially Working For Wall StreetRyan Grim & Zach Carter - HuffPo
Posted: 06/20/2014 3:51 pm EDT Updated: 06/20/2014 5:59 pm EDT
Former Rep. Melissa Bean has been named JPMorgan's Midwest chairman. | AP Photo/Evan Vucci, File
<snip>
WASHINGTON -- Future Sen. Elizabeth Warren (D-Mass.) and her longtime aide Dan Geldon made the rounds in the House of Representatives throughout 2009, looking to persuade as many Financial Services Committee members as they could to sign off on her idea for an agency dedicated to protecting consumers from financial predation.
Warren recounts one such meeting with an unnamed House Democrat in her new book, A Fighting Chance.
I remember one meeting particularly well. A congresswoman who seemed really interested in what we had to say told me that she supported consumers and wanted to see them treated fairly. Then she raised a specific objection to the agency. I answered, but instead of talking about the issue, she moved on to another objection, and so on through a list of about half a dozen more problems.
Despite her many objections, I felt a little encouraged. Once Dan and I were out in the hall, I said, "Well, she didn't agree with much of anything, but at least she was talking. Maybe we have a shot at persuading her."
For a moment, Dan looked like he was weighing whether to give me the bad news. But Dan never holds back long on bad news. He explained that the congresswoman had just run through every talking point included in a press release issued by the American Bankers Association that morning. In order.
Oh.
Despite her many objections, I felt a little encouraged. Once Dan and I were out in the hall, I said, "Well, she didn't agree with much of anything, but at least she was talking. Maybe we have a shot at persuading her."
For a moment, Dan looked like he was weighing whether to give me the bad news. But Dan never holds back long on bad news. He explained that the congresswoman had just run through every talking point included in a press release issued by the American Bankers Association that morning. In order.
Oh.
A source close to Warren, familiar with the meeting, tells The Huffington Post that the congresswoman in question was then-Rep. Melissa Bean of Illinois.
On Friday, Politico's Morning Money newsletter announced that Bean has been named to a high-profile job with JPMorgan Chase, where she'll serve as chair of Midwest operations -- a job previously held by Bill Daley, who vacated it to become briefly the chief of staff to President Barack Obama.
Bean lost her 2010 reelection race to tea party favorite Joe Walsh, who subsequently was knocked from office by Democrat Tammy Duckworth after he suggested in a debate that there need be no exception to abortion bans in cases of rape and incest because of advances in medical science.
During her tenure in Congress, Bean developed a reputation for privileging Wall Street over consumers and taxpayers. HuffPost's Arthur Delaney profiled her in a 2010 story titled "Melissa Bean: A Democrat Bankers Bank On."
<snip>
More: http://www.huffingtonpost.com/2014/06/20/melissa-bean-jpmorgan_n_5515910.html
20 replies
= new reply since forum marked as read
= new reply since forum marked as read
This from the same link:
Despite strenuous objections from consumer advocates, Bean had wanted to block states from enacting tougher laws against predatory lending than the federal government adopted. She ultimately voted for Dodd-Frank after threatening to blow the whole thing up over the issue of federal preemption.
At times during their congressional tenures, of course, both Frank and Bean agreed with Wall Street. Both voted against auditing the Federal Reserve, for instance. Frank noted that Bean also favored keeping low tax rates for hedge fund managers and private-equity kingpins, which he opposed.
At times during their congressional tenures, of course, both Frank and Bean agreed with Wall Street. Both voted against auditing the Federal Reserve, for instance. Frank noted that Bean also favored keeping low tax rates for hedge fund managers and private-equity kingpins, which he opposed.
Despicable cretins, both Frank and Bean, on a very long list of despicable cretins in both parties.
Truly.
DULink: http://www.democraticunderground.com/10025126816
BTW - You approve of the revolving-door, and the fact that people use a political position to apply for a higher paying gig???
That's, why we are continually screwed...
THEN... she ran as a Democrat and won.
I remember one meeting particularly well. A congresswoman who seemed really interested in what we had to say told me that she supported consumers and wanted to see them treated fairly. Then she raised a specific objection to the agency. I answered, but instead of talking about the issue, she moved on to another objection, and so on through a list of about half a dozen more problems.
Despite her many objections, I felt a little encouraged. Once Dan and I were out in the hall, I said, "Well, she didn't agree with much of anything, but at least she was talking. Maybe we have a shot at persuading her."
For a moment, Dan looked like he was weighing whether to give me the bad news. But Dan never holds back long on bad news. He explained that the congresswoman had just run through every talking point included in a press release issued by the American Bankers Association that morning. In order.
Oh.
Despite her many objections, I felt a little encouraged. Once Dan and I were out in the hall, I said, "Well, she didn't agree with much of anything, but at least she was talking. Maybe we have a shot at persuading her."
For a moment, Dan looked like he was weighing whether to give me the bad news. But Dan never holds back long on bad news. He explained that the congresswoman had just run through every talking point included in a press release issued by the American Bankers Association that morning. In order.
Oh.
You are that desperate to elect Faux Democrats ???
I'm not.
There are more and more of them every day...
What fuck's it up is when Democratic Voters get hoodwinked into voting for a Faux Democrat.
Or did you like Zell Miller and Joe Lieberman speaking at GOP Conventions ???
I am weary of listening to the Conservative Democrats insisting we must support them.
I'm done with that shit.
Again: http://www.democraticunderground.com/10025126816
And: http://www.democraticunderground.com/10025133024