Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

After Taking Millions In Wall Street $, Romney Appoints Wall Street Front Group Chm. Policy Adviser

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » General Discussion: Presidency Donate to DU
 
flpoljunkie Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-21-11 03:36 PM
Original message
After Taking Millions In Wall Street $, Romney Appoints Wall Street Front Group Chm. Policy Adviser
Edited on Wed Sep-21-11 03:36 PM by flpoljunkie
That 'policy adviser' would be former Republican Senator Norm 'Moonie' Coleman.
After Taking Millions In Wall Street Cash, Romney Appoints Wall Street Front Group Chairman As Policy Adviser

By Scott Keyes on Sep 21, 2011 at 4:10 pm

Two months ago, the Washington Post revealed that Mitt Romney’s presidential bid is largely fueled by Wall Street money, including major donors from Goldman Sachs, Morgan Stanley, and Bank of America.

Today, the former Massachusetts governor took a step that will undoubtedly make bankers happy, appointing the chairman of a Wall Street front group to his campaign. Romney tapped Norm Coleman, the former Minnesota senator and current chairman of the Board of the American Action Network, to be his “special adviser for policy.”

As ThinkProgress has written in the past, the American Action Network (AAN) is a front group funded by conservative Wall Street moneymen, including Robert Steel, Ken Langone, and Fred Malek. Because of its seemingly limitless money supply, the AAN was the second biggest outside spending groups in the 2010 election, dropping $26 million in support of conservative candidates.

The AAN has a troubled history in its year-and-a-half existence. Local Fox affiliates refused to air some of their health reform ads, calling the commercials’ claims “unsubstantiated.” The group ran an ad comparing Sen. Patty Murray’s (D-WA) vote in favor of CHIP — a children’s health insurance program — to stomping on children, a parallel AAN was unable to defend under questioning from ThinkProgress. This year, they are under fire for likely skirting tax law by focusing predominantly on political campaign activity, despite regulations regarding the group’s tax-exempt status.

With Coleman’s appointment to Romney’s campaign, the former Massachusetts governor won’t have to wait for the results of the 2012 election to put smiles on the faces of his Wall Street backers. Couple today’s move with Romney’s kowtowing on scrapping financial reform legislation — he regularly attacks the Dodd-Frank law and has even said he’s open to repealing the landmark financial reform legislation — and onlookers could be forgiven for believing that Wall Street is receiving handsome dividends for its investment in Romney.

http://thinkprogress.org/politics/2011/09/21/324958/mitt-romney-appoints-coleman-wall-street/
Printer Friendly | Permalink |  | Top
TwilightGardener Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-21-11 03:38 PM
Response to Original message
1. Voting for children's health insurance is equivalent to "stomping on children"?
Is feeding them the equivalent of running them over with a tank? I don't get it.
Printer Friendly | Permalink |  | Top
 
DU AdBot (1000+ posts) Click to send private message to this author Click to view 
this author's profile Click to add 
this author to your buddy list Click to add 
this author to your Ignore list Fri Dec 27th 2024, 03:49 AM
Response to Original message
Advertisements [?]
 Top

Home » Discuss » General Discussion: Presidency Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC