Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search
 

think

(11,641 posts)
96. It is a corporate element within the Democratic Party. Their website is ThirdWay.org
Sat Nov 8, 2014, 02:11 PM
Nov 2014

They are Wallstreet investment bankers pushing a corporate agenda within the Democratic Party




Here is a great editorial on them which includes the names of the former Wallstreet firms that many of the board members came from (You will need to click the link to the full article find them):

Wall Street Uses Third Way to Lead Its Assault on Social Security

William K. Black Assoc. Professor, Univ. of Missouri, Kansas City; Sr. regulator / Posted: 11/13/2012 9:01 am EST Updated: 01/13/2013 5:12 am EST


Third Way, lobbyists for and from Wall Street who are leading the effort to enrich Wall Street by privatizing Social Security, was created by Wall Street to fool some of the people all of the time. I have written previously to expose their fictional claims to be a moderate or liberal Democratic group....

~Snip~

Third Way is the Wall Street wing of the Democratic Party, which seeks to defeat Democratic candidates like Elizabeth Warren running against Wall Street sycophants like Senator Scott Brown and seeks to unravel the safety net programs that are the crown jewels of the Democratic Party. Wall Street's "natural" party is certainly the Republican Party, but Wall Street has no permanent party or ideology, only permanent interests. Third Way serves its financial interests and the personal interests of its senior executives. Wall Street has always been the enemy of Social Security and its greatest dream is to privatize Social Security. Wall Street's senior executives live in terror of being held accountable under the criminal laws for their crimes. They became wealthy by leading the "control frauds" that drove the financial crisis and the Great Recession. This is why Wall Street made defeating Warren a top priority.

Third Way is run by a man who Lautner terms an "acolyte" of Pete Peterson. Peterson is a Republican, Wall Street billionaire who has two priorities -- imposing austerity on America and privatizing Social Security. Privatizing Social Security is Wall Street's unholy grail. They would receive hundreds of billions of dollars in fees and ensure that their firms were not only "too big to fail," but "too big to criticize" if they could profit from a privatized retirement system. (We do not know who funds Third Way because it refuses to make its donors public. Given who dominates its Board of Trustees, however, the donors must be overwhelmingly from Wall Street.)

Third Way's self-description has some elements of honesty, admitting that it is "led by a prominent private sector Board of Trustees, drawn from finance, industry, academia, the non-profit sector and government." The order is revealing -- the board is dominated by finance, with a thin veneer provided by industry, and with the barest patina of "academics" and "government."

~Snip~

Read more:
http://www.huffingtonpost.com/william-k-black/third-way-wall-street_b_2121372.html

Recommendations

0 members have recommended this reply (displayed in chronological order):

Can I give you one who is not an office holder.... NCTraveler Nov 2014 #1
Sure...With all this talk of purges I would like to see some names .../NT DemocratSinceBirth Nov 2014 #2
Here you go. NCTraveler Nov 2014 #8
Can you define "purged"? Smarmie Doofus Nov 2014 #3
Third way candidates lose elections AgingAmerican Nov 2014 #4
what do the words "lose" and "elections" mean in your world? wyldwolf Nov 2014 #12
Yeah, like that one guy... whatzhisname... people keep telling me he's Third Way... LadyHawkAZ Nov 2014 #61
This is just flame bait Glitterati Nov 2014 #5
How is it flame bait ? DemocratSinceBirth Nov 2014 #6
Your point about possible direction of a purge is spot on. nt. NCTraveler Nov 2014 #10
Did you say that of the post that said the party should be purged? treestar Nov 2014 #77
Diane Fienstein, Andrew Cuomo, and Cory Booker would be a good start. SolutionisSolidarity Nov 2014 #7
And what would you do to remove them from the party? onenote Nov 2014 #16
If I could do it by myself, I'd be doing it and not talking about it. SolutionisSolidarity Nov 2014 #44
Tell me about this "easy" part. onenote Nov 2014 #47
It's only easy compared to getting rid of their unelected brethren in the party infrastructure. SolutionisSolidarity Nov 2014 #50
Ask the OP. It's his or her framing. merrily Nov 2014 #52
And you chose the name "SolutionisSolidarity"? muriel_volestrangler Nov 2014 #107
I want solidarity with the poor, the excluded, and the downtrodden. SolutionisSolidarity Nov 2014 #117
Thank you. Now I know who to be wary of... DemocratSinceBirth Nov 2014 #9
Here's the beginning of MY list Glitterati Nov 2014 #11
I don't believe any are officeholders./NT DemocratSinceBirth Nov 2014 #13
They don't need to be office holders AgingAmerican Nov 2014 #15
The OP specified both that they be officeholders and that merrily Nov 2014 #53
The third way needs to be revoked AgingAmerican Nov 2014 #56
What a visual! merrily Nov 2014 #58
Yesterday my friends lab... AgingAmerican Nov 2014 #60
I figured it was based on something you'd witnessed. It's not exactly a standard analogy. merrily Nov 2014 #62
More AgingAmerican Nov 2014 #14
John Dingell? onenote Nov 2014 #17
Grover Norquist said "he wanted to make the Democratic party so small you could fit in a bathtub." DemocratSinceBirth Nov 2014 #18
Third war are not Democrats AgingAmerican Nov 2014 #21
I love anybody with a (D) after his name DemocratSinceBirth Nov 2014 #23
The third way aren't Democrats AgingAmerican Nov 2014 #24
I'll assume you forgotting to mention conservatives and corporatists was an oversight LondonReign2 Nov 2014 #45
If that's synonymous with racist, homophobic, xenophobic, anti-semitic I don't like em either./NT DemocratSinceBirth Nov 2014 #63
So these people are not Democrats treestar Nov 2014 #79
The third way is a separate party AgingAmerican Nov 2014 #102
NO, he said he wanted to make GOVERNMENT so small you could drown it in a bathtub. smokey nj Nov 2014 #38
Don't confuse us with facts! merrily Nov 2014 #55
How does Hillary want smaller government? treestar Nov 2014 #81
You mentioned Hillary, I didn't. smokey nj Nov 2014 #88
Is there a context for that? treestar Nov 2014 #89
It's from his 1996 State of the Union address. smokey nj Nov 2014 #95
I don't see Bill Clinton as someone who wanted to treestar Nov 2014 #99
He said no such thing AgingAmerican Nov 2014 #59
Kathleen Sebelius AgingAmerican Nov 2014 #19
James Clyburn is 'thirdway?' Is that term becoming a generic one for people you don't like? wyldwolf Nov 2014 #20
James Clyburn AgingAmerican Nov 2014 #22
ah, sorry. Confused him with someone else. Carry on. wyldwolf Nov 2014 #25
It's actually funny, the people that spend all day carrying water for the Third Way Rex Nov 2014 #26
You could put a gun to my head and I couldn't tell you who any of these folks are: DemocratSinceBirth Nov 2014 #27
So you don't know how to use google? Rex Nov 2014 #28
I'm not defending or offending anybody I hope DemocratSinceBirth Nov 2014 #30
You've been doing it all day now. Rex Nov 2014 #32
I don't want anyone with ties to the GOP to represent the Democratic party. DemocratSinceBirth Nov 2014 #33
"I saw Bill Clinton on the purge list" Rex Nov 2014 #34
We did research and think they are referring to Bill and Hillary treestar Nov 2014 #90
As usual you totally miss my point, you seem to only be able to do that. Whatever. Rex Nov 2014 #108
How convenient AgingAmerican Nov 2014 #35
I guess it is time to start being an advocate for something I know nothing about. Rex Nov 2014 #36
I'm not wealthy enough to travel in those circles. DemocratSinceBirth Nov 2014 #37
Do you agree with the policies espoused by the Third Way? LondonReign2 Nov 2014 #46
If they join my party they're agreeing with me. I'm not agreeing with them./NT DemocratSinceBirth Nov 2014 #64
No they aren't Mnpaul Nov 2014 #68
Um, no. Not even remotely true. LondonReign2 Nov 2014 #70
What are those, by the way? treestar Nov 2014 #92
LOL treestar Nov 2014 #82
It's a trick question. It's yet another shit stirring thread, another attempt to show up merrily Nov 2014 #29
I refrained from attacking Mr. Brentspeak or his allies personally. DemocratSinceBirth Nov 2014 #31
You're the only one getting personal. merrily Nov 2014 #39
How do you get them kicked out of the party? treestar Nov 2014 #76
Cuomo would be a good place to start. GeorgeGist Nov 2014 #40
Cuomo is horrible! I know a lot of nose holders who voted for him on Tuesday. myrna minx Nov 2014 #41
People actually want to throe people out of the party? hrmjustin Nov 2014 #42
The Third Way is based on neoliberalism. Rex Nov 2014 #49
I don't even think it's possible merrily Nov 2014 #54
Cuomo has embraced Republican policy. Enthusiast Nov 2014 #103
I agree but I would not throw him out of the party. hrmjustin Nov 2014 #104
We should make him a voter not a governor. Enthusiast Nov 2014 #105
Well unfortunately that is too late. hrmjustin Nov 2014 #106
Cuomo is not interested in the party as evidenced by his behavior in the primary Agony Nov 2014 #112
How do you throw a sitting governor out of the party? hrmjustin Nov 2014 #113
I was just answering your question as to why he SHOULD be thrown out of the party Agony Nov 2014 #114
Point taken. hrmjustin Nov 2014 #115
I was gonna suggest John Barrow and Kay Hagen, but, you know... Erose999 Nov 2014 #43
Some of them lost their elections this week, Hagen is a co-chair of Third Way as is Mark Udall Bluenorthwest Nov 2014 #48
His question was which officeholders should be "purged from the party," not merrily Nov 2014 #51
Well of course, but there is no such thing as throwing people out of a Party, membership is self Bluenorthwest Nov 2014 #97
Ah, you opted out. Props. merrily Nov 2014 #118
Joe Manchin Is Someone Who Bother Me A Lot... PLUS Cuomo ChiciB1 Nov 2014 #109
what's funny is many complaining about Third Way are calling for Third Wayer Howard Dean to be DNC JI7 Nov 2014 #57
I'm less interested in "purging" Third Way officeholders from the party . . . markpkessinger Nov 2014 #65
Once the phoney "left" is done purging the party of liberals who are insufficiently liberal baldguy Nov 2014 #66
Purity Test!!! Mnpaul Nov 2014 #69
You think The Third Way are liberals? LondonReign2 Nov 2014 #71
The people being accused of being "3rd way" for the most part aren't. And they never have been. baldguy Nov 2014 #72
Yet you didn't manage to answer LondonReign2 Nov 2014 #75
You know who for sure aren't actual liberals? The people complaining about them. baldguy Nov 2014 #91
They seem to miss that the very idea is authoritarian treestar Nov 2014 #84
And they also miss that one of the first to go would be their heroine, Elizabeth Warren. baldguy Nov 2014 #94
I think Third Way are Democrats brooklynite Nov 2014 #74
Do you agree with their policies? LondonReign2 Nov 2014 #80
There's a big difference between a political party in a free country treestar Nov 2014 #85
When she was governor she opposed marriage equality. That sort of thing makes a lasting impression. Bluenorthwest Nov 2014 #100
So did President Obama.....time to dump him? brooklynite Nov 2014 #111
Third Wayers are Democrats? LondonReign2 Nov 2014 #120
Thanks for proving my point... brooklynite Nov 2014 #122
would you seriously go into a room that includes treestar Nov 2014 #83
Office holders? I want to lose not win! All of them! nt BootinUp Nov 2014 #67
How nice that someone gets to decide who can be a Democrat brooklynite Nov 2014 #73
Why not call them what they are libertarians ? Todays_Illusion Nov 2014 #78
Evidently some here will defend a certain group of libertarians Rex Nov 2014 #87
I am beginning to believe about sixty percent of DU is libertarian of one stripe or another. Todays_Illusion Nov 2014 #116
What is this third way business?? oldandhappy Nov 2014 #86
It is a corporate element within the Democratic Party. Their website is ThirdWay.org think Nov 2014 #96
Yes, Some Of Us Are Adding Names Because ChiciB1 Nov 2014 #110
Thank you, I guess, zowie. oldandhappy Nov 2014 #119
Those calling for a "purge" are obvious trolls YoungDemCA Nov 2014 #93
Gov Fracking Hickenlooper in Colorado RiverLover Nov 2014 #98
You can't "purge" people from the party. pa28 Nov 2014 #101
They're clearly purgiing themselves. nt Zorra Nov 2014 #121
Latest Discussions»General Discussion»Can someone please name w...»Reply #96