Thursday, October 21, 2010

Schumer channels Wall Street cash to troubled Democrats

By Rick Manning
 
The Hill newspaper reported October 20th that New York Senator Charles Schumer went on a spending spree trying to help his Democratic Senate colleagues keep their seats to the tune of over $2 million. Additionally, Schumer gave $250,000 he collected from others to Senate Majority Leader Harry Reid, and cut five figure checks to various state Democratic Party organizations around the country.

The real question is who gave Schumer the money to spread around the country.

OpenSecrets.com reveals that the number one industry donating to Schumer is: the financial services industry — also known as Wall Street. That’s right — Wall Street, the exact people that the Senate Democrats have spent the past two years vilifying. Now, their money is coming to the Democrats’ rescue like the cavalry in an old western.
Get full story here.

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