One of the defectors says there isn’t enough Democratic support. Hiram Monserrate, one of the two guys responsible for leaving the Democratic-led New York State Senate majority in favor of a Republican-led one, walked out abruptly tonight, saying that there wasn’t enough support for the change and he needed to recruit more Democrats to help. So, which one of your alienated fellow party members are you going to hit up first, Hiram? Hope, like this guy, you like rejection. source
A buncha e-mails say yes. Remember the fun times of about eight months ago, when the economy was going in the basement and all these unlikely mergers of huge financial firms happened? Well, Bank of America’s takeover of Merrill Lynch was one. And according to e-mails between the feds and the firm, they may have been pressured into it by Federal Reserve Chairman Ben Bernanke. After the deal went through, BofA’s shares took a nosedive and the government had to bail them out big time. source
He gave money. Tom Golisano, a billionaire business exec, paid lots of money to help the Democrats take over the state senate last November. It was the first time they led the state senate in 40 years. source
He gave money. Tom Golisano, a billionaire business exec, paid lots of money to help the Democrats take over the state senate last November. It was the first time they led the state senate in 40 years.
He felt slighted. However, when Golisano heard the Democrats wanted to tax the wealthy, and feeling slighted by a meeting with majority leader Malcolm A. Smith, he helped lead the unprecedented takeover. source
He gave money. Tom Golisano, a billionaire business exec, paid lots of money to help the Democrats take over the state senate last November. It was the first time they led the state senate in 40 years.
He felt slighted. However, when Golisano heard the Democrats wanted to tax the wealthy, and feeling slighted by a meeting with majority leader Malcolm A. Smith, he helped lead the unprecedented takeover.
Our take How can one guy have this much power? He doesn’t control the state senate – the people who voted for the candidates do. This strikes of corruption. The whole thing feels ethically unsound. source