Banks Debate Blackmailing Dem Campaigns If Elizabeth Warren Doesn’t Back Off


Elizabeth Warren has been making quite a name for herself since being elected to the US Senate in 2013.  Liberals love her consistent attacks on big money, banks, corporations, and congressional greed.

Warren stands for everything that could actually make a difference in our country. Lower interest rates for college students, accountability for corporate criminals who destabilize the economy for personal gain, and curbing the wealth inequality that is driving the middle class into the ground.

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Liberals love her; many wish she’d run for President. Conservatives hate her, because their corporate masters tell them to.

It seems that nobody is more upset with Warren than big Wall Street Banks. In an article released by Reuters, sources say that some of the biggest names in banking are joining together to decide whether or not to blackmail the DNC by withholding campaign contributions if Warren and other opponents of banks destroying the economy. . . again. . . don’t back off.

Apparently they don’t know her too well.

From the article:

Representatives from Citigroup, JPMorgan, Goldman Sachs and Bank of America, have met to discuss ways to urge Democrats, including Warren and Ohio Senator Sherrod Brown, to soften their party’s tone toward Wall Street, sources familiar with the discussions said this week.

Bank officials said the idea of withholding donations was not discussed at a meeting of the four banks in Washington but it has been raised in one-on-one conversations between representatives of some of them. However, there was no agreement on coordinating any action, and each bank is making its own decision, they said.

A total of $15,000 per bank is the money at stake, making it more of a symbolic gesture than an actual issue for Democrats. While it would have no impact on a Clinton bid for the White Houses, analysts have suggested that Hillary may have a hard time garnering support from Wall Street if Democrats don’t lay off of attacks and become more business friendly.

Warren had this to say about the threats:

They can threaten or bully or say whatever they want, but we aren’t going to change our game plan. It’s up to us to fight back against a financial system that allows those who broke our economy to emerge from a crisis in record-setting shape while ordinary Americans continue to struggle.

It seems that speaking as a representative of the people for the good of the people is still unpopular in politics. Perhaps someday the will of those people will actually have an impact again.

We can dream, can’t we?

H/T: Reuters | Image: Screen Capture from Reuters TV

 

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