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5th May
2010
written by Sean Noble

This is just downright inappropriate and disgusting, even for Harry Reid:

“You can find the Republicans are having difficulty determining how they’re going to continue making love to Wall Street.”

Senate Majority Leader Harry Reid (D-NV), quoted by ABC News, explaining why the financial regulation reform bill is stalled.

And Harry Reid is a shameless hypocrite. In a story about Washington’s Sen. Patti Murray, the Seattle Post Intelligencer, we find this nugget:

Sen. Charles Schumer, D-N.Y., another member of the Senate’s Democratic leadership, has received $1.58 million from the securities and investment industry during the current campaign cycle. Senate Majority Leader Harry Reid has taken $902,000, even more than he has received from the gaming industry. (emphasis added)

To put that in perspective, there is this tidbit from the Wall Street Journal:

According to the nonpartisan Center for Responsive Politics, Democrats have received nearly two-thirds of the $34.7 million donated by the entire securities and investment industry since Jan. 1, 2009. Democrats took in 57% of Wall Street’s donations in the 2008 campaign and 52% during the 2006 midterm elections.

The last time Wall Street contributed more money to Republicans than Democrats was during the 2004 presidential election cycle when the GOP collected 52% of their donations, according to the center.

Reid needs to look in the mirror and recognize that if what Republicans are doing equates to making love to Wall Street, than what he is doing is just a cheap trick.

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