Toilet Award for Lobbying President Due to His Knowledge of How to Throw a Big Party

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Toilet Award for Lobbying President Due to His Knowledge of How to Throw a Big Party
By: tiffiniycheng Tuesday February 2, 2010 9:01 am	Tweet

A big party for bankers is happening right now in DC. About 4,000 will convene. And these bankers are getting dirtier in their fight against fixing the economy for the American people, and they are being led by a trade and lobbying group called SIFMA. That’s why their president has been honored with the Center for Media and Democracy’s Golden Throne Award! Tim Ryan sits on it well and likes it.

The Golden Throne award invokes fond memories of the $1.2 million bathroom renovation ordered by Merrill Lynch’s CEO, John Thain, shortly before the firm lost $27 billion and collapsed into the arms of Bank of America.

Why did they get it — they have been working on a grassroots campaign to blunt our "populist outrage" and water down reforms that they "support".

Please see and share the Golden Throne — this is some good DIRT, includes Bernie Madoff too!

2 Comments Recommend

2 Responses to Toilet Award for Lobbying President Due to His Knowledge of How to Throw a Big Party

ThingsComeUndone February 2nd, 2010 at 12:23 pm 1

“Cashroots” Campaigning
Shortly after the financial collapse, a secret memo of confidential meetings surfaced that revealed SIFMA’S plans to portray themselves as “part of the solution” in order to counter the populist “lynch mob” demanding financial reform. SIFMA kicked off the “execution phase” of their “grassroots” campaign in June 2009, spending $85,000 per month to target policy makers and the news media in New York, London, Washington, and Brussels in an effort to repair their tarnished image. Michele Davis, Treasury Secretary Henry Paulson’s former spokeswoman, and Jim Wilkinson, his former chief of staff, are among those leading the effort. SIFMA’s website claims “phone calls and e-mail from constituents were a critical component of getting TARP legislation passed last year, and they will be vital again in 2009.” Because these constituents are made up of banks and securities dealers, CMD coined the term “cashroots” rather than grassroots for this type of campaigning.

http://banksterusa.org/content/golden-throne-awarded-tim-ryan-spinmeister-us-securities-industry

Any bets the Cash Roots are supporting Obama’s healthcare plan that forces Americans to buy health insurance.

Reply
iremember54 February 2nd, 2010 at 8:45 pm 2

Where is the populist outrage?

The people have supported those Banks and Wall Street like they were Gods, before and after the crisis.

There was no march on Washington about the bailout, and not even a calling or letter campaign about or against it.

Not one Representative has been threatened to lose re-election for supporting the bailout.

The truth is the people have sat back and let the Banks and our Government rip us off without hardly a whimper. The let their friends and neighbors have their houses taken by those very Banks. Watch people lose everything because of the credit card practices of those very Banks, and watched our economy get worse because the Banks contiue to rape the Country. The same goes with the rest of Wall Street. Instead of calling for the Markets to be shut down for the trading mess they got us into, everyone can’t wait to invest and for the markets to go up so they can do it again.

You can’t make the pain in the foot You shot go away, by shooting Yourself in the other foot.

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