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
General Discussion
Showing Original Post only (View all)Wall Street is out to destroy Sen. Elizabeth Warren. [View all]
She really struck a nerve when she came out against the nomination of Antonio Weiss, an investment banker who is helping Burger King avoid paying its fair share of taxes, to an important Treasury Department post. Jim Dean's email below explains the background behind this important nomination.
Wall Street knows that Sen. Warren's opposition to Weiss is a game-changing moment in the fight for the future of the Democratic Party. That's why they're pulling out all the stops to try and defeat her. Steven Rattner, a member of the Wall Street Wing of the Democratic Party, made this extraordinary criticism of Sen. Warren this week, as reported by Politico:
"This is not at all about Antonio Weiss," said Steve Rattner, a prominent investment banker who worked on the auto industry bailout during Obama's first term. "It is part of a much broader narrative of the fight for the soul of the Democratic Party..." Rattner added that if the Weiss nomination goes down "it will be a long time before anyone else with Wall Street experience volunteers for this kind of job."
That's exactly what we want. We've learned the hard way that Wall Street cannot be trusted to regulate itself. Sen. Warren herself has shown that you don't have to come from the big banks to do a good job regulating the financial industry. We need people who answer to Main Street, not Wall Street, filling these important financial regulatory posts.
The Antonio Weiss nomination has become a crucial moment in the fight for the future of this country. We cannot let Wall Street win.
Will you stand with Elizabeth Warren? Sign our petition and tell Sen. Warren's fellow Senators: Reject Antonio Weiss!
- Robert
Robert Cruickshank, Senior Campaign Manager
Democracy for America
Wall Street knows that Sen. Warren's opposition to Weiss is a game-changing moment in the fight for the future of the Democratic Party. That's why they're pulling out all the stops to try and defeat her. Steven Rattner, a member of the Wall Street Wing of the Democratic Party, made this extraordinary criticism of Sen. Warren this week, as reported by Politico:
"This is not at all about Antonio Weiss," said Steve Rattner, a prominent investment banker who worked on the auto industry bailout during Obama's first term. "It is part of a much broader narrative of the fight for the soul of the Democratic Party..." Rattner added that if the Weiss nomination goes down "it will be a long time before anyone else with Wall Street experience volunteers for this kind of job."
That's exactly what we want. We've learned the hard way that Wall Street cannot be trusted to regulate itself. Sen. Warren herself has shown that you don't have to come from the big banks to do a good job regulating the financial industry. We need people who answer to Main Street, not Wall Street, filling these important financial regulatory posts.
The Antonio Weiss nomination has become a crucial moment in the fight for the future of this country. We cannot let Wall Street win.
Will you stand with Elizabeth Warren? Sign our petition and tell Sen. Warren's fellow Senators: Reject Antonio Weiss!
- Robert
Robert Cruickshank, Senior Campaign Manager
Democracy for America
68 replies
= new reply since forum marked as read
Highlight:
NoneDon't highlight anything
5 newestHighlight 5 most recent replies
Do you have a link to this? Also would you please cross post this in the EW group?
Autumn
Dec 2014
#2
This really highlights Dems. longterm relationship and dependence on financiers
appalachiablue
Dec 2014
#37
I realize that where he chooses to spend money doesn't help the economy as a whole.
SleeplessinSoCal
Dec 2014
#27
Are you disparaging the OP or the decision to nominate a Wall Street criminal? nm
rhett o rick
Dec 2014
#39
Yes. They silenced Spitzer with scandal. Elizabeth Warren is not going to be so easily ruined.
JDPriestly
Dec 2014
#30
Cross the money men at your peril. The case of former Baltimore Mayor Sheila Dixon is telling:
RufusTFirefly
Dec 2014
#44
"Weiss nomination may go through with majority Republican support in senate next year"
RiverLover
Dec 2014
#59