Visit ArabTopics.com

Wall Street Banksters Don't Want Eliot Spitzer Up Their Asses Again

Eliot Spitzer is feared and loathed by America's worst enemies

Monday evening, Ken took a long, insightful look at Eliot Spitzer's bid to become the third-ranking elected official in NYC. One of Ken's conclusions was that "Contrary to Speaker Quinn's impression, we may be dealing here with one of our more dangerously un-selfish public servants -- one who actually believes in public service. He did it in his first officeholding career, showing himself as NYS attorney general to have some strong beliefs about the public good, including holding powerful people to account for their misdeeds. It's the message he's trying to convey into all those microphones thrust in his face."

Personally, I like Spitzer a lot and would like to see him back in elected office. Ken reminds us that Spitzer "is not wildly popular among NYC Democratic officeholders or party functionaries" and that "Eliot's never really been a 'party guy.' Too independent... His short tenure [as governor] has been largely obscured by its spectacular crash-and-burn, but some of us remember how much ill will he created among people he needed to work with, like the leaders of the state legislature, who not only didn't like taking orders from the new governor but frequently had good reason to question his judgment, something the governor himself seemed seriously disinclined to do, ever."

And then there's Wall Street. The Elders of Wall Street hate his guts-- with a passion. Many people are aware it was Wall Street that made Spitzer's indiscretions public and got their worst enemy knocked off the playing field. They don't want him back. Yesterday, Michael Barbaro and David Chen of the NY Times put it a little differently: Spitzer Quickly Hits Establishment Headwind. "From corporate boardrooms to the headquarters of the city’s Democratic political campaigns," their article began, "phone lines lighted up and strategy sessions were organized on Monday with a single mission in mind: stopping Eliot Spitzer." His shrewd, last minute sneak attack took them by complete surprise and they are deathly afraid to see the TV-savvy and self-financed Spitzer handed a new megaphone.

Behind the scenes, they began to lay out a blueprint for undermining Mr. Spitzer’s bid for comptroller, the city’s third-highest elected office, and for propping up his lesser-known Democratic rival, Scott M. Stringer, the Manhattan borough president.

They quickly zeroed in on what they claimed were Mr. Spitzer’s vulnerabilities: an out-of-control ego; his lawbreaking patronization of prostitutes, which led to his resignation as governor in 2008; and his combative, go-it-alone style.

Strikingly, Democratic leaders drew parallels between Mr. Spitzer and Mr. Weiner, trying to lump them together as two wayward men obsessed with reclaiming power and unworthy of redemption, in a direct appeal to women voters who may decide the races.

“For me the question with both Anthony Weiner and Eliot Spitzer is what have they been doing to earn this second chance?” asked Christine C. Quinn, the City Council speaker and a Democratic candidate for mayor. She said she had seen little that would “redeem themselves from their selfish behavior.”

Business leaders leapt into the ruckus, finding common cause with organized labor as they described Mr. Spitzer as ill-suited to the job of managing the city’s multibillion-dollar pension system and policing city spending.

Such a post, said Kathryn S. Wylde, the head of the New York City Partnership, made up mainly of real estate, Wall Street and insurance firms, requires intense collaboration and diplomacy with the mayor’s office, the business community and municipal labor unions.

“The tone of the Spitzer announcement and history suggest that’s not the way he would approach the job,” she said in an interview.

In the corridors of finance, executives made little secret of their dismay at the thought of Mr. Spitzer, an often zealous adversary of Wall Street, assuming a job with some authority over the industry. Robert T. Zito, the founder of a brand consulting firm and a former executive at the New York Stock Exchange, which was a relentless target of Mr. Spitzer’s ire over executive pay, put it bluntly: “I would love to see his opponent win.”

Those involved in and briefed about the strategy discussions raised the possibility of organizing a super PAC to counter Mr. Spitzer’s self-financed campaign.

Eyes turned to Mr. Spitzer’s most fervent critics on Wall Street, like the billionaire Kenneth G. Langone, a co-founder of Home Depot and a former director of the New York Stock Exchange, who had relished the governor’s downfall.

According to a person told of his plans, Mr. Langone was mulling independent campaign expenditures against Mr. Spitzer. Mr. Langone was traveling in Europe and an aide said he was unavailable to talk.

Mr. Spitzer, in an interview, appeared to have anticipated the attacks, especially from Wall Street, and sought to turn them to his advantage, by portraying himself as a warrior for regular people.

“When I was attorney general, I made some powerful enemies,” he said. “But I also made a lot of friends,” which he described as the “real people” he had fought for.

The fierce debate about how to deny Mr. Spitzer a place in city government unfolded as he hit the campaign trail for the first time in five years, displaying the kind of studied discipline that characterized his previous runs for office.

...It appeared that the muscle for the anti-Spitzer operation might emerge from the city’s labor unions, which view Mr. Stringer as a reliable ally, and are wary of the less predictable Mr. Spitzer, who has not hesitated to confront them in the past.

Michael Mulgrew, president of the United Federation of Teachers, said all options-- including tapping its own campaign funds for television ads-- were under consideration. “We’re going to make sure that we do everything in our power to make sure Scott is the next comptroller,” he said. “Weiner has kind of been given a free pass.”

Even as they grudgingly acknowledged Mr. Spitzer’s technical credentials for the job of comptroller, the union leaders cast doubt on his motivation for seeking a return to public life.

“He is running to clear his name, to build a public persona again,” said Héctor J. Figueroa, president of 32BJ, the city union of janitors and doormen, which has endorsed Mr. Stringer. He called the comptroller’s office “the wrong position” for Mr. Spitzer.

I think it's exactly the right position and I'd love to see Spitzer win, do a great job and get back into position where he can once again do battle with the enemies of ordinary working families. If Wall Street criminal banksters and corrupt, grubby municipal union bosses agree he's terrible, he must be the greatest candidate to come on the scene ever! The corporately controlled media, of course, will do their worst.

It's so wonderful having Michael Smerconish hosting Hardball instead of that pathetic hack Chris Matthews. Last night Smerconish was advocating for legalizing prostitution. Interesting perspective-- and it's part of this post for a reason.

Source: 
Down With Tyranny

Dear friends of this aggregator

  • Yes, I intentionally removed Newsbud from the aggregator on Mar 22.
  • Newsbud did not block the aggregator, although their editor blocked me on twitter after a comment I made to her
  • As far as I know, the only site that blocks this aggregator is Global Research. I have no idea why!!
  • Please stop recommending Newsbud and Global Research to be added to the aggregator.

Support this site

News Sources

Source Items
Please Stop the Ride 32
The Infectious Myth 27
Lockdown Skeptics 86
Sam Husseini 34
Dr. Andrew Kaufman 3
Swiss Propaganda Research 53
Off Guardian 199
Cory Morningstar 10
James Bovard 88
WWI Hidden History 51
Grayzone Project 479
Pass Blue 421
Dilyana Gaytandzhieva 17
John Pilger 428
The Real News 367
Scrutinised Minds 29
Need To Know News 3591
FEE 5562
Marine Le Pen 432
Francois Asselineau 25
Opassande 53
HAX on 5July 220
Henrik Alexandersson 1293
Mohamed Omar 404
Professors Blog 10
Arg Blatte Talar 40
Angry Foreigner 19
Fritte Fritzson 12
Teologiska rummet 36
Filosofiska rummet 149
Vetenskapsradion Historia 197
Snedtänkt (Kalle Lind) 266
Les Crises 4176
Richard Falk 231
Ian Sinclair 142
SpinWatch 61
Counter Currents 13036
Kafila 715
Gail Malone 45
Transnational Foundation 221
Rick Falkvinge 95
The Duran 11965
Vanessa Beeley 236
Nina Kouprianova 9
MintPress 6257
Paul Craig Roberts 2766
News Junkie Post 77
Nomi Prins 27
Kurt Nimmo 191
Strategic Culture 6496
Sir Ken Robinson 88
Stephan Kinsella 124
Liberty Blitzkrieg 889
Sami Bedouin 65
Consortium News 2685
21 Century Wire 4337
Burning Blogger 324
Stephen Gowans 105
David D. Friedman 188
Anarchist Standard 16
The BRICS Post 1545
Tom Dispatch 662
Levant Report 18
The Saker 5346
The Barnes Review 623
John Friend 545
Psyche Truth 160
Jonathan Cook 173
New Eastern Outlook 5113
School Sucks Project 1842
Giza Death Star 2250
Andrew Gavin Marshall 28
Red Ice Radio 710
GMWatch 2670
Robert Faurisson 150
Espionage History Archive 35
Jay's Analysis 1217
Le 4ème singe 91
Jacob Cohen 226
Agora Vox 20302
Cercle Des Volontaires 458
Panamza 2676
Fairewinds 124
Project Censored 1274
Spy Culture 634
Conspiracy Archive 85
Crystal Clark 25
Timothy Kelly 669
PINAC 1482
The Conscious Resistance 1127
Independent Science News 94
The Anti Media 6895
Positive News 820
Brandon Martinez 30
Steven Chovanec 61
Lionel 318
The Mind renewed 465
Natural Society 2627
Yanis Varoufakis 1179
Tragedy & Hope 122
Dr. Tim Ball 114
Web of Debt 171
Porkins Policy Review 463
Conspiracy Watch 174
Eva Bartlett 650
Libyan War Truth 382
DeadLine Live 1916
Kevin Ryan 69
BSNEWS 2142
Aaron Franz 279
Traces of Reality 166
Revelations Radio News 128
Dr. Bruce Levine 162
Peter B Collins 1854
Faux Capitalism 205
Dissident Voice 12346
Climate Audit 228
Donna Laframboise 531
Judith Curry 1205
Geneva Business Insider 40
Media Monarchy 2831
Syria Report 84
Human Rights Investigation 94
Intifada (Voice of Palestine) 1685
Down With Tyranny 14057
Laura Wells Solutions 51
Video Rebel's Blog 497
Revisionist Review 485
Aletho News 23538
ضد العولمة 27
Penny for your thoughts 3487
Northerntruthseeker 3112
كساريات 37
Color Revolutions and Geopolitics 27
Stop Nato 4949
AntiWar.com Blog 3504
AntiWar.com Original Content 7863
Corbett Report 2749
Stop Imperialism 491
Land Destroyer 1333
Webster Tarpley Website 1165

Compiled Feeds

Public Lists

Title Visibility
Funny Public