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commentary on Politics and a little bit of everything else

Bloomberg vs Schumer on the Wall Street Financial Bill…..

A rift as big as Wall Street is dividing the two most powerful politicians in New York -- Mayor Michael Bloomberg, left, and Sen. Chuck Schumer.

[ Bloomberg and Schumer ]

This one is a no brainer……

Mike Bloomberg the Mayor of the City of New York…and the Owner and Founder of the Bloomberg Business Network is damn well going to fight for Wall Street

on this one….He ain’t gonna be Mayor for ever…..and the Bill could affect his bottom line….

Chuck Schumer has got to make his bones…..

Even though he represents all the Wall Street types that live in New York City …..and has received campaign money from them…..

He could become the next Majority Leader of the Senate…..and a tough line on Wall Street isn’t gonna hurt him at all when the count the votes if Reid doesn’t get reelected and he Democrats still own the Senate……

Besides …Bloomberg has be picking on his girl Gillibrand…his President Obama and him over the last year…..


Tennessee Sen. Bob Corker, who has been a central GOP negotiator on the Wall Street bill, said he’s had only one meeting with Schumer — and that was on the issue of proxy access, which would give shareholders more power to nominate directors to serve on a corporate board, a task delegated to him by Dodd.

Corker said his scores of other meetings have been with Dodd and Sens. Richard Shelby (R-Ala.), Judd Gregg (R-N.H.), Mark Warner (D-Va.) and Jack Reed (D-R.I.).

Corker said Schumer “hasn’t been that visible in these negotiations.”

But Democrats insist that Schumer has been working behind the scenes to shape the bill — although even some of them admit privately to being surprised that Schumer has not been trying to make the bill more palatable to the banks or Wall Street’s interests.

“Otherwise, it’d hurt him with the caucus,” said one senior Democratic aide. “He’s trying to thread the needle.”

Indeed, with polls showing Reid losing soundly in November, Schumer could very well be in a race for majority leader in the fall — and if he sided with Bloomberg and the banks, he could be tarred by many of the more liberal Democrats eager to crack down on Wall Street.

Schumer’s chief opponent for the majority leader job, Illinois Sen. Dick Durbin, also has ties to financial interests — with the Chicago Mercantile Exchange based in his home state. But the CME could stand to gain big if the bill results in an enormous increase in trading volume — giving Durbin even more latitude to rail against Wall Street.

Durbin said his party’s interests haven’t conflicted yet with his home state’s interests.


Also……

Even though Bloomberg and Schumer still get along — and the senator’s wife, Iris Weinshall, recently kibitzed with the mayor at City Hall — the two haven’t had one of their one-on-one dinners in months.

The race for Clinton’s old seat has been a sore spot.

Schumer supporters say Bloomberg political operatives Kevin Sheekey and Brad Tusk actively encouraged ex-Tennessee Rep. Harold Ford Jr. to run and backed the strategy of labeling Gillibrand a Schumer puppet.

But the tension between Schumer and Bloomberg stretches back to the mayor’s successful reelection bid last fall. At the time, Senate Majority Leader Harry Reid (D-Nev.) wanted to lend support to Bloomberg’s reelection campaign, but Schumer — who supported Democrat Bill Thompson — intervened and urged him not to, according to people familiar with the matter.

That Bloomberg griped with McConnell is telling; the GOP leader has been chilly toward Schumer since 2008, when Schumer’s DSCC steered attacks toward him for his support of the wildly unpopular Wall Street bailout bill.

But now faced with a bill that will arguably have more effect on New York City than any other piece of legislation this Congress, Schumer is taking a low-profile role — despite serving in Democratic leadership and on the Senate Banking Committee, which has jurisdiction over the issue.

More……..

April 21, 2010 Posted by | Blogs, Breaking News, Counterpoints, Government, Law, Media, Men, PoliticalDog Calls, Politics, The Economy, Updates | , , , , | 2 Comments

As goes Sen. Reid….goes Sen. Schumer………

Just a thought people….

Sometimes the comments on a blog piece are better than the piece…

Now I don’t want the authors of this piece to be mad at me…..(they are never gonna read THIS Dog ) but the chance they might…..Their piece is good…..

But the more people talk about Harry Reid losing…and the Senate staying democratic..the more the Dog realizes that New York States senior senator will most probably be in line for the Minority or maybe even Majority Leader of the United States Senate……..

Damn!

That’s a get for the Empire State….

With that in mind I give you the piece from the Hill……

Senate Majority Leader Harry Reid’s (D-Nev.) reelection effort continues to lag behind GOP competitors, a poll found Friday.

Former state GOP Chairwoman Sue Lowden maintains a 10 point lead over Reid, even with independent and Tea Party candidates included in the poll.

Forty-seven percent of Nevada voters said in a Mason-Dixon poll that they’d vote for Lowden if the election were held today, while 37 percent said they would reelect Reid.

The poll shows Reid’s effort continuing to lag in the first poll since the two-week congressional recess, during which Reid barnstormed the state, touting his leadership on healthcare, jobs and a number of state initiatives.

More……..….Please read the comments also…..

April 16, 2010 Posted by | Blogs, Breaking News, Counterpoints, Government, Law, Media, Men, Other Things, PoliticalDog Calls, Politics, Polls, Projections, Updates | , , | 3 Comments

Senator’s Schumer and Graham approach the White House on Immigration Reform…..

As a follow-up on the piece the Dog did a day or two ago….we now find that two Senator’s mentioned above have already spoken to the White House about attaching some form of Immigration reform to the Healthcare Bill…..

[ Schumer and Graham ]

To the Dog…. this a back channel admittance by Graham that 1) Immigration will be nearly impossible to go it alone…..and 2) That he expects the Healthcare Bill to pass…….

One other thought…though Graham is in trouble with hard righter’s in South Carolina…..he is well aware that the Latino/Hispanic voter numbers are increasing in his state…..

Oh, yea….You all know Schumer is a Democrat and Graham is a Republican….right?

Here’s the MyDD piece by Charles Lemos…….

An Inkling of Bipartisanship on Immigration Reform

Senator Charles E. Schumer, Democrat of New York, and Senator Lindsey Graham, Republican of South Carolina, travelled to the White House to present the President with a three-page blueprint for a bipartisan agreement to overhaul the nation’s immigration system. Details of the proposal were not released but Senator Graham noted that some of the elements included tougher border security, a program to admit temporary immigrant workers and a biometric Social Security card that would prevent people here illegally from getting jobs.

Some more background from the Los Angeles Times:

Graham also said the proposal included “a rational plan to deal with the millions of illegal immigrants already in the United States.” He did not elaborate on what the plan would be. But in a recent interview, he suggested that onerous measures were unrealistic.

“We’re not going to mass-deport people and put them in jail, nor should we,” Graham said. “But we need a system so they don’t get an advantage over others for citizenship.”

So far, so good, but Senator Graham also linked progress on immigration to the healthcare bill now winding its tortuous path through the Congress.

In a statement after the Obama meeting, Graham predicted that their effort would collapse if Senate Democrats proceeded with a strategy to pass a healthcare bill through a simple majority vote — a process known as “reconciliation.” Senate leaders say they are committed to doing just that.

“I expressed, in no uncertain terms, my belief that immigration reform could come to a halt for the year if healthcare reconciliation goes forward,” said Graham, who portrayed the document handed to Obama as “a work in progress.”

Graham added: “For more than a year, healthcare has sucked most of the energy out of the room. Using reconciliation to push healthcare through will make it much harder for Congress to come together on a topic as important as immigration.”

The President had earlier met with a group of 14 immigration advocates that stressed to the President the urgency of moving forward with a plan that rationalizes the nation’s dysfunctional immigration policies. There are an estimated 12 million people believed to have entered the US illegally. In the fiscal year that ended in September 2009, the U.S. deported 388,000 illegal immigrants, according to the Department of Homeland Security — up from 369,000 the year before.

After meeting for more than an hour with Obama, immigration advocates that included leaders from the National Immigration Forum, La Raza and the SEIU told reporters they want Schumer-Graham blueprint released before a planned March 21 demonstration at the Capitol, with a bill introduced in the Senate soon thereafter.

Immigration advocates seemed most pleased. Angelica Salas, director of the Coalition for Humane Immigrant Rights of Los Angeles, said the President agreed to help get a legislative framework out before the public in advance of the rally.

Hispanics supported President Obama in the general election by a two to one margin. The most recent polling shows that while the President’s approval rating among has slipped since its peak at 73 percent last Spring, it still remains above 60 percent.

March 13, 2010 Posted by | Blogs, Breaking News, Family, Government, Law, Media, Men, Other Things, PoliticalDog Calls, Politics, The Economy, Travel, Updates, Women | , , , , , | 5 Comments

Senator's Schumer and Graham approach the White House on Immigration Reform…..

As a follow-up on the piece the Dog did a day or two ago….we now find that two Senator’s mentioned above have already spoken to the White House about attaching some form of Immigration reform to the Healthcare Bill…..

[ Schumer and Graham ]

To the Dog…. this a back channel admittance by Graham that 1) Immigration will be nearly impossible to go it alone…..and 2) That he expects the Healthcare Bill to pass…….

One other thought…though Graham is in trouble with hard righter’s in South Carolina…..he is well aware that the Latino/Hispanic voter numbers are increasing in his state…..

Oh, yea….You all know Schumer is a Democrat and Graham is a Republican….right?

Here’s the MyDD piece by Charles Lemos…….

An Inkling of Bipartisanship on Immigration Reform

Senator Charles E. Schumer, Democrat of New York, and Senator Lindsey Graham, Republican of South Carolina, travelled to the White House to present the President with a three-page blueprint for a bipartisan agreement to overhaul the nation’s immigration system. Details of the proposal were not released but Senator Graham noted that some of the elements included tougher border security, a program to admit temporary immigrant workers and a biometric Social Security card that would prevent people here illegally from getting jobs.

Some more background from the Los Angeles Times:

Graham also said the proposal included “a rational plan to deal with the millions of illegal immigrants already in the United States.” He did not elaborate on what the plan would be. But in a recent interview, he suggested that onerous measures were unrealistic.

“We’re not going to mass-deport people and put them in jail, nor should we,” Graham said. “But we need a system so they don’t get an advantage over others for citizenship.”

So far, so good, but Senator Graham also linked progress on immigration to the healthcare bill now winding its tortuous path through the Congress.

In a statement after the Obama meeting, Graham predicted that their effort would collapse if Senate Democrats proceeded with a strategy to pass a healthcare bill through a simple majority vote — a process known as “reconciliation.” Senate leaders say they are committed to doing just that.

“I expressed, in no uncertain terms, my belief that immigration reform could come to a halt for the year if healthcare reconciliation goes forward,” said Graham, who portrayed the document handed to Obama as “a work in progress.”

Graham added: “For more than a year, healthcare has sucked most of the energy out of the room. Using reconciliation to push healthcare through will make it much harder for Congress to come together on a topic as important as immigration.”

The President had earlier met with a group of 14 immigration advocates that stressed to the President the urgency of moving forward with a plan that rationalizes the nation’s dysfunctional immigration policies. There are an estimated 12 million people believed to have entered the US illegally. In the fiscal year that ended in September 2009, the U.S. deported 388,000 illegal immigrants, according to the Department of Homeland Security — up from 369,000 the year before.

After meeting for more than an hour with Obama, immigration advocates that included leaders from the National Immigration Forum, La Raza and the SEIU told reporters they want Schumer-Graham blueprint released before a planned March 21 demonstration at the Capitol, with a bill introduced in the Senate soon thereafter.

Immigration advocates seemed most pleased. Angelica Salas, director of the Coalition for Humane Immigrant Rights of Los Angeles, said the President agreed to help get a legislative framework out before the public in advance of the rally.

Hispanics supported President Obama in the general election by a two to one margin. The most recent polling shows that while the President’s approval rating among has slipped since its peak at 73 percent last Spring, it still remains above 60 percent.

March 13, 2010 Posted by | Blogs, Breaking News, Family, Government, Law, Media, Men, Other Things, PoliticalDog Calls, Politics, The Economy, Travel, Updates, Women | , , , , , | 5 Comments