“Kicking the Dog” One Time Too Often… Wall Street Donations to Democratic Campaigns Drastically Drop « Frugal Café Blog Zone

“Kicking the Dog” One Time Too Often… Wall Street Donations to Democratic Campaigns Drastically Drop

Posted By on July 8, 2010

Democrats in Congress Pass 'Pay-As-You-Go' Law, Then Work Like the Dickens to Work Around & Bypass It

Great quote here from that American literature icon Mark Twain:

If you pick up a starving dog and make him prosperous, he will not bite you. This is the principal difference between a dog and a man.

The Democrats just don’t get it. Financial irresponsibility, escalating trillion-dollar debt, ill-conceived stimulus/porkulus packages, disastrous economic programs, one of the worst recessions in decades, continued unemployment, plus “kicking the dog” one time too often.. Wall Street, one of the wealthier hands that feeds them, has pretty much had enough with these statist fools.

No tears here.

From Personal Liberty Digest, Wall Street Donations To Democratic Campaigns Continue To Plummet:

The White House-sponsored financial regulatory reform bill that was passed by the House last week may make it more difficult for Democratic candidates to win a seat in Congress this coming November.

Politico.com reports that many Wall Street executives who made significant financial contributions to Democratic congressional campaigns two years ago are no longer taking calls from solicitors due to their condemnation of the proposed legislation, which many financial experts believe will handicap the already weakened economy.

In fact, contributions from New York’s financial sector to Democratic campaign committees are down 65 percent from two years ago, with the majority of the decrease coming from those who give gifts of $1,000 or more, according to The Washington Post.

“I think at least in the short term there is going to be a great deal of frustration with people who were beating the hell out of us—then turning around and asking for money,” a senior financial executive told Politico.com.

Representatives Carolyn Maloney (D-N.Y.) and Paul Kanjorski (D-Pa.) were both specifically mentioned as lawmakers who voted for financial regulatory reform and who are actively soliciting donations from Wall Street executives.

The proposed restrictions, which were passed by the House last week, are now being debated in the Senate. Some political pundits believe the bill may make it to President Obama’s desk for his signature by the end of July.

Latest from Gallup…support from independents for Dear Leader is evaporating:

Thirty-eight percent of independents approve of the job Barack Obama is doing as president, the first time independent approval of Obama has dropped below 40% in a Gallup Daily tracking weekly aggregate. Meanwhile, Obama maintains the support of 81% of Democrats, and his job approval among Republicans remains low, at 12%.

Related:
Telegraph: With the US trapped in depression, this really is starting to feel like 1932
Gateway Pundit: As Dem Policies Continue to Fail Miserably – November Thumpin Looks More Likely and Independent Voters Abandon Radical Obama in Droves and Obama’s Cloward-Piven Economic Strategy Working Out As Planned and Dems Refuse Compromise on Unemployment Benefits; Go On Vacation and After US Economy Loses Another 125,000 Jobs Obama Says: “We’re Heading in the Right Direction” (Video) and Unreal. Obama: “Unemployment’s at 9.6%… At Least It’s Not at 12, 13 or 15%” (Video) and Media Shocked to See “Unexpected” Rise in Jobless Rate and Nancy Pelosi: Unemployment Checks Are the Fastest Way to Create Jobs (Video) and Rachel Pulaski Invites All Patriots to the July 3rd Las Cruces Tea Party and Lindsey Graham: Tea Party Will Die Out – Republicans Will Move Away From “The Fringe” and Nancy Pelosi: Unemployment Checks Are the Fastest Way to Create Jobs (Video) and Obama Travels to Wisconsin to Tote Disastrous Stimulus Bill… Tea Party Breaks Out (Video) and Cardinals Manager LaRussa Comes Out in Favor of Tea Parties & Arizona Immigration Law
Nice Deb: Unbelievable!: Right Before 4th of July Holiday Weekend, Congress “Deemed Faux $1.1 Trillion Budget ‘as Passed’ and The Burning Question: Gross Incompetence Or Cloward-Piven Strategy?
USA Today: National debt soars to highest level since WWII
GayPatriot: Obama Has Killed Recovery
Frugal Café Blog Zone: Outrageous: Congress Deemed $1.1 TRILLION Budget “As Passed” – Sneaked in Increased Spending Before 4th of July Weekend and Obama’s Secret to Cheering Himself Up When Faced with Failed Stimulus & Record Unemployment: Have a Danish! (video) and Gloves Off: Left-wing Extremist Chris Matthews’ Anti-Tea Party Propaganda Misrepresents & Demonizes Patriotic Americans… National Tea Party Calling for Sponsors to Drop MSNBC’s ‘Hardball’ (video) and Cowards: Democrat Politicians Hiding Out from Town Halls This Summer to Avoid Angry Voters (video) and What Now? Obama Media & Team Obama Failed to Report Automatic Paycheck Deduction Hidden in ObamaCare Health Bill (video) and ObamaCare “Fine Print” Nightmare Continues: Now 60 Doctor-owned Hospitals Canceled Because of Democrats’ New Oppressive Health Law, Thousands of Jobs Killed
Andrew Breitbart, Big Government: Reward: $100,000 for Full ‘JournoList’ Archive; Source Fully Protected
American Thinker: Barack Obama and the Strategy of Manufactured Crisis
Another Black Conservative: UPDATED: David Weigel just another fake, phony and fraud conservative
On My Watch — The Writings of SamHenry: Who Do we Trust Now? True Cost of Government Health Care Suppressed in Two Administrations
Before It’s News: Tea Party Groups Call on Sponsors to Drop Hardball, Matthews’ “Hit Piece” Disparages Tea Party Members
Radio Vice Online: Obamacare…more unintended consequences

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I'm a conservative frugalist. My priorities: Watchdogging the government, making sure our tax dollars are spent wisely, living within our budgets (at home and in Washington, DC), and adhering to our Constitution and the conservative principles upon which it was developed by our founding fathers. Also, loving God, my family, and my country. Be wise, be frugal. God bless America!      

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