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ThePlumLIneGS whorunsgov plumline
Posted at 01:51 PM ET, 10/18/2011

Wall Street lobbyists rage at Dems for supporting Occupy Wall Street

Politico channels the angst of Wall Streeters who are furious with Democrats for daring to whisper a word of support for the Occupy Wall Street protests:

After the Democratic Congressional Campaign Committee sent a recent email urging supporters to sign a petition backing the wave of Occupy Wall Street protests, phones at the party committee started ringing.
Banking executives personally called the offices of DCCC Chairman Steve Israel and DCCC Finance Chairman Joe Crowley last week demanding answers, three financial services lobbyists told POLITICO.
“They were livid,” said one Democratic lobbyist with banking clients.
The execs asked the lawmakers: “What are you doing? Do you even understand some of the things that they’ve called for?” said another lobbyist with financial services clients who is a former Democratic Senate aide.

Wow. In embracing Occupy Wall Street, Democrats have managed to alienate Wall Street lobbyists and banking execs? What a fatal political misstep! Given their far reaching popularity, how will Dems ever recover?

In all seriousness, get ready for the next media storyline: If they support Occupy Wall Street in any way, Dems are going to take a major fundraising hit. It’s inevitable! The storyline, that is.

By  |  01:51 PM ET, 10/18/2011

 
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