Lost in last night’s limitless limpid jets of bloggy love hot and enormous, quivering jelly of love, white-blow and delirious nice showered upon the Teatards Ascendant, was a satisfying loss dealt to the bankster class who found out that, if they want to continue to buy power in DC, they’re going to have to keep doing it the old fashioned way (lobbyists, PAC’s, hookers and blow) instead of trotting out a shiny new trophy wife candidate:
Beating back an aggressive challenger, United States Representative Carolyn B. Maloney easily won the Democratic Party’s nomination on Tuesday, according to early returns in one of the most expensive Congressional primaries this year.
With about 90 percent of the precincts reporting, Ms. Maloney, 64, had about 81 percent of the vote, while her opponent, Reshma Saujani, 34, a lawyer who has worked with hedge funds, had about 19 percent. The victory makes Ms. Maloney a heavy favorite to win a 10th term in the general election in November.
You may remember Saujani who wondered why we (the American taxpayers who bailed out Wall Street) can’t just get along with them (the Wall Street Masters of The Universe who fucked up) :
“We need to extend a hand rather than a fist” to Wall Street, Saujani tells the guests at the apartment. “In New York, it’s complicated because 35 percent of our revenue comes from the financial services industry. We need to have transparency and reform, but we also need to understand that . . . it’s just as easy to go work in Singapore and London and Bangalore, and we can’t make it so difficult to do business here that people will vote with their feet.”
Only on the Upper East Side of Manhattan, where a run-of-the-mill penthouse goes for $13 million (Rush Limbaugh’s place on Fifth Avenue is available for about that much, FYI), would a politician find it a plus to run this year as the candidate of Wall Street.
Since she entered the race in November, Saujani has received more than $800,000 in campaign contributions, an impressive tally for an untested candidate. Many of those checks came from New York financiers and their spouses.
Former Morgan Stanley chief executive John Mack has given her money. So has Apollo Management founder Leon Black and the wife of J.P. Morgan Chase chief executive Jamie Dimon. Hedge fund mogul Marc Lasry hosted a fundraiser for her featuring singer John Legend that brought in $100,000.
Saujani has also attracted help from prominent New Yorkers. Maureen White, a major Democratic donor and wife of financier Steven Rattner, is introducing her to potential donors. Diana Taylor, a Republican former investment banker and the longtime companion of Mayor Michael R. Bloomberg (I), is advising her campaign.
“Reshma has a strong fundamental understanding about how the industry works,” Taylor said. “You’ve got these people [in Congress] yelling and screaming who know nothing about what they’re talking about — nothing. And it just creates a huge problem.”
Sadly, it appears that Saujani was not ready for prime time; something Jane pointed out a few days ago. In her favor, since she plans to run again in two years, Reshma Saujani is a infinitely less slimy version of Harold Ford so, with a bit more spit and polish, she may actually be a tad more presentable and a little less overt about her true loyalties in the next go-around.




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Looks like Josh Marshall is looking for his inner TBogg. Ha – when does he ever leave us picture caption Easter eggs?
Brain bleach, also.
There’s yet another silver lining that hasn’t been explored: to date, the Teabaggers have been more successful in less than one year than the Ayn Rand acolytes have been in their entire existence.
I wonder when the Cato Institute will notice?
“You’ve got these people [in Congress] yelling and screaming who know nothing about what they’re talking about — nothing.”
I think they have been studying at the Republican National Institute of Unintentional Irony.
I wonder if the lawyer she couldn’t pay in 2008 to sue ISI is the same boyfriend/campaign lawyer who bought her house out of foreclosure in 2004.
I wonder if this person or these persons voted for her yesterday.
I wonder who she pays her rent to.
I wonder how campaign donations were attributed in her IRS filings.
I wonder how she pays for toiletries and clothing on $5,800/year.
And I am just giggly with anticipation. Almost makes me want to touch myself.
I for one would be happy for them to destroy Singapore’s economy rather than ours.
At times like these, I miss good old-fashioned plutocrat-hating anarchists with bombs.
Is Jamie Dimon the wife of the CEO (of J.P.Morgan Chase)?
Or did the Washington Post just reduce a political donor to anonymous “wife of…” status right there, in the year 2010?
Yes, that’s what the Post did.
Jamie Dimon is actually the name of the Chase CEO. No idea what his wife’s name is.
I suppose there may be some justification for simply saying “wife of” here — the point is clearly that she wrote the check as a stand-in for Jamie. But, of course, the implication is similar when read that way, too.
I think I see her problem. She shoulda changed her name to Bobby.
But most of the Randians aren’t interested in running the government themselves – they just want all the money so they can buy the pols.
Cato Institute: started by and financed by Charles B. Koch and David Koch.
Citizens for a Sound Economy: see above
Americans for Prosperity: spawn of a rift within Citizens for a Sound Economy, formed by David Koch, and the force behind “Porkulus” rallies against Obama economic plans
Patients United Now: spawn of Americans for Prosperity, financed with Koch money, author of “Kill the Bill” rallies.
Though not directly connected to the Tea Party movement, the Koch Brothers are well aware of it and approve of it as it dovetails nicely with their own kind of demagoguery and activism.
Good Gawd, no kidding! I damn near snorted my “Throwback” Mountain Dew out my nose when I saw that headline!
As for Ms. Saujani, suddenly I begin to understand better how Wall Street fucked up everything so completely.
Well, as someone who actually has a dog in this fight (Maloney is my representative), geography is actually part of the problem. Yes, the district includes most of the UES, but it also extends in Manhattan down to the Lower East Side AND about half of it is in Queens.
I’m pretty sure, having lived in Manhattan for 35 years, that most of the Manhattanites represented by Maloney are probably not too taken by the Masters of the Universe (and I am not even too sure about their popularity on the UES), and I guarantee you that basically none of her Queens constituents are.
So, an 80-20 vote for Maloney is pretty much what I expected from the get-go.