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Thread: Tea Party Congressmen Accept Cash From Bailed-Out Bankers

  1. #1
    Bite my shiny metal ass! beNder's Avatar
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    Default Tea Party Congressmen Accept Cash From Bailed-Out Bankers

    Tea Party favorites such as Stephen Fincher of Tennessee were swept into Congress on a wave of anger over government-funded bailouts of banks.

    Now those incumbents are collecting thousands of dollars for re-election campaigns from the same Wall Street firms whose excesses they criticized. They have taken no significant steps to curb them or prevent future taxpayer-financed rescues.

    Republican freshmen have made clear their disdain for expanding government, and openly opposed a financial regulatory overhaul enacted by Democrats in 2010 before the newcomers arrived in Washington. Their ranks include 10 Tea Party-backed freshmen on the House Financial Services Committee, part of a force that won election in a populist backlash to government spending that included emergency lending to major banks and bailout of firms including U.S. automakers.

    Still, the lawmakers haven’t passed, considered or even introduced legislation to address concerns about “too-big-to- fail” banks voiced by members of both parties and such Federal Reserve bank presidents as Richard Fisher of Dallas and Jeffrey Lacker of Richmond, Virginia.

    “I haven’t seen any of them putting forth legislation on breaking up the big banks or on other things that would genuinely prevent a bailout next time,” said Marcus Stanley, policy director of Americans for Financial Reform, a Washington- based umbrella group of organizations that supported the 2010 Dodd-Frank Act and other financial regulations.
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    hypocrite douchebags

  2. #2
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    A hypocrite politician. Well oh my.

  3. #3
    Senior Member Dominique's Avatar
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    And next someone will be shocked that water is wet.

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    Banned user Createdeemcee's Avatar
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    And next someone will be shocked that water is wet
    .

    You can lead a horse to water but a vest has no sleeves.

  5. #5
    Milo Drinker of Death
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    Quote Originally Posted by CG51 View Post
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    hypocrite douchebags
    While I agree that accepting ANY money from special interests, particularly FIRE economy/Wall Street special interests is like taking money from the devil, let's look at everything shall we?

    How much total money did this tea party cohort accept? $170k

    How much total money did the House Financial Services Committee accept from special interests? $10-20 million

    What % of total campaign donations did this tea party cohort accept? 1-2% of the total


    Should they have taken the money......absolutely not.

    Is this a hypocritical hit piece? absolutely

    People need to start edumicating themselves..........seriously.

  6. #6
    Member Laptop Hobo's Avatar
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    Once you run for office in anything larger than a local school board election, you start taking money from anyone. The curse of the Republic. I say call in the Sith and lets get a vote of no confidence in here to get enough powers to crush these rebel scum.

    Just kidding. Cant wait for the electoral college

  7. #7
    No Good Bloody Seppo California Joe's Avatar
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    So it's OK that these *****s take money from special interests and act like "politicians" attempting to win reelection, but when the Pres acts like a politician trying to win reelection he's some sort of extra special partisan political *******? That makes perfect sense.

    Carrion.

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