Wednesday, September 27, 2017

Cluck Schumer: "Wealth-fare for the country clubs and board rooms."

From US News:
"It seems that President Trump and Republicans have designed their plan to be cheered in the country clubs and the corporate boardrooms," Senate Minority Leader Chuck Schumer, D-N.Y., said on the Senate floor Wednesday, describing the proposal as "wealth-fare."

Schumer, puts on his "I hate corporations" public face, but he certainly hasn't refused taking their campaign donations: The Hill; April 2015:  
Sen. Chuck Schumer, who will become the Senate’s top Democrat in 2017, could become one of the greatest fundraisers of all time.

The New York Democrat has developed a reputation as a tenacious money magnet who doesn’t take no for an answer. When handed a $25,000 check, he’s been known to respond, “You can do a little better than that.”
Schumer is constantly looking for new donors, and will even badger Republicans for cash[.] (Lunch money? - DD)
Center for Responsive Politics / Open Secrets:
Combined contributions for both Campaign Committee & PACs (all the below for years 2013-2018):

Schumers' top four campaign contributors
* Paul Weiss Co.
* Lockheed Martin
* Deloitte LLP
* NorPAC

The top four donor business sectors
* Securities & Investment
* Law firms
* Real Estate
* Insurance

[The majority of his campaign donations, over $17.6 Million is from large dollar contributors and comprises 75.5% of total raised. His campaign contributions from small donors (under $200), is $401,976, a paltry 1.72% of total raised.]
 On PAC money only:
His top four PAC contributors

* Google
* Lockheed Martin
* Aetna
The top four PAC industry sectors
* Securities & Investments
* Insurance (BIG BAD EVIL INSURANCE?!?!?! -DD)
* Pharmaceuticals / Health Products (EVIL BIG PHARMA?!?!?!-DD)
* Health Professional
From the not-leaning-to-the-Right CBS News, in June, 2011:
Yet outside the public eye, Schumer was one of the biggest beneficiaries of Wall Street money that Congress had ever seen.
Is lowering the corporate tax rate going to result in an improved economy and create jobs? (Big Breath...)...and you already know the answer, " it depends. " 

Schumer was there in 2008, eager to bailout his Wall Street cronies.   The NY Times, December 2008:
As the financial crisis jolted the nation in September, [Schumer]  -  became one of the first officials to promote a Wall Street bailout. He spent hours in closed-door briefings and a weekend helping Congressional leaders nail down details of the $700 billion rescue package.
Schumer isn't unique in politics to play all sides for the benefit of self-interest. That he does it so blatantly, with such avarice ("You can do better than that.") and such sanctimony and no shame, is simply amazing. Schumer knows the country clubs and boardrooms just as well as the "corporatists". I think he'd accept campaign cash from Kim Jong-Un if he could.

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