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George II

(67,782 posts)
23. Sometime last year people here were harping on the origin of contributions to candidates...
Sat Sep 9, 2017, 12:54 PM
Sep 2017

...especially those from "Wall Street" and the banking industry.

I grew up in New York City, six siblings in the family.

My father worked for a bank, my older brother, myself, one of my younger brothers and my younger sister all worked for banks at one time or another in their working careers - that's five of eight of us. One also worked in the back room of a brokerage (i.e., not a stock broker)

None of us were upper management, two were in clerical positions, my father and I were in "data processing" (now IT), and my sister was a bank teller.

One guy in the discussion called us all "banksters"!!

My point is that for my family and many others in New York, its difficult to not work in one aspect of "banking" or another. Also, it's virtually impossible for any American to not have dealings with banks or the dreaded "Wall Street", unless one spends his/her entire life dealing only with cash and keeping savings under a mattress.

Most of us contributed at one time or another to Democratic candidates. That means we all would have been categorized in FEC filings as "Banking"!!

Now back to my original premise - I don't think there's a candidate in the country at any level who also has no dealings with "Wall Street" or the banking industry. In fact, since I've been a treasurer for several candidates over the years I know that, BY LAW, we were required to maintain a checking account. Guess where? AT A BANK!

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

Why don't you like corporations? nt DURHAM D Sep 2017 #1
A construct designed to enrich and empower the state, not the people Not Ruth Sep 2017 #2
The premise in your subject line may or may not be true... Major Nikon Sep 2017 #14
Their very existence, by definition, is to ignore Eliot Rosewater Sep 2017 #3
Full of ridiculous assumptions about most corporations. nt DURHAM D Sep 2017 #4
Not assumptions at all, read ANY corporate charter. Eliot Rosewater Sep 2017 #20
Very True. Snackshack Sep 2017 #26
Who said they 'pander to Wall Street?' leftstreet Sep 2017 #5
Are you serious? mcar Sep 2017 #13
How do you think they pay for generous social programs in Nordic social democracies? Expecting Rain Sep 2017 #6
Damn, I said this in 2016 but ...oh, well. You know the rest.,,$250,000 speeches and shit. haveahart Sep 2017 #7
If you looked at the assets of even the most outspoken politicians against "Wall Street"..... George II Sep 2017 #8
I've seen how Jill Stein owns a nice chunk of stock in Merck Pharmaceuticals. Expecting Rain Sep 2017 #9
that's their business and how they make money JI7 Sep 2017 #19
Exactly my point. Eliot Rosewater Sep 2017 #21
Sometime last year people here were harping on the origin of contributions to candidates... George II Sep 2017 #23
What does that mean? Do you need to go off the grid to advocate against something? I'm sure we'd JCanete Sep 2017 #25
Wall Street bad mcar Sep 2017 #10
+1 leftofcool Sep 2017 #12
Nailed it! Scurrilous Sep 2017 #15
+1 uponit7771 Sep 2017 #17
Who are you referring to? What was his or her message when running? What people say, matters as a JCanete Sep 2017 #27
+1000, exactly. Wall Street has no significance after all. It's just used as a R B Garr Sep 2017 #30
I would like to see an end to capitalism, myself. Scruffy1 Sep 2017 #11
watch michael moore's capitalism a love story clu Sep 2017 #16
Also Watch "Inside Job" colsohlibgal Sep 2017 #18
the OP implies clu Sep 2017 #22
Acknowledging the reality that corps and Wall Street basically IS our economy Eliot Rosewater Sep 2017 #31
IMO clu Sep 2017 #36
Nobody is suggesting we disband Wall Street. You can't seriously think it doesn't have huge JCanete Sep 2017 #24
Someday we'll forge a partnership with corporations like Denmark and other countries. Most of us Hoyt Sep 2017 #28
Yeah I have worked for small businesses and it is not all that great. Willie Pep Sep 2017 #32
I'll tell you exactly what it means jmowreader Sep 2017 #29
I have no problem working with Wall Street or corporate America if they want to compromise. Willie Pep Sep 2017 #33
So if they wont compromise, you do what? Eliot Rosewater Sep 2017 #34
One thing would be changing labor law to make it easier for workers to join unions. Willie Pep Sep 2017 #35
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