Dingy Harry Reid to President Obama: Back Off on Earmarks!


harry reid health care united states senate majority leader nevada
Poor Harry Reid.

The Senate Majority leader, who’s getting pounced in the polls over his support for president Obama’s health-care plan and is now facing an uphill battle for re-election in his home state of Nevada, thought he was coming to friendly territory. He is, after all, a Democrat and a recent fundraiser in New York City was set up by Gary Cohn, president of Goldman Sachs
and himself a long-time Democrat.
But the reception Reid received from Goldman was anything but friendly.
According to people with direct knowledge of the incident, during the event, which was held in a private room at a lower Manhattan restaurant, Reid was verbally harangued by several senior Goldman executives, including Cohn himself, for being part of the growing chorus of politicians who are using anti-Wall Street rhetoric to score political points.
One of the attendees told Reid that Wall Street, and Goldman in particular, is being “persecuted by the Democratic Party.” Another complained that Goldman, as a “long-term, major supporter of the Democratic Party,” was tired of being publicly attacked.

snip

Why would Wall Street care about the increasingly heated rhetoric? As one senior executive told FOX Business Network: “No one likes to be called a greedy bastard. All these guys at the top of these firms went to top schools, fought their way up the corporate ladder and they give a lot to charity. But just about every day, they are attacked, mostly from the people they support, as scumbags.”

snip

It’s unclear how much money Reid received, but what is clear is that he received an earful from Goldman about his party’s anti-Wall Street tilt, which may be good for winning over some voters, but may not be so good when you want to raise money from Wall Street.
A press official for Reid confirmed there was some acrimony at the meeting and said Reid took it all in stride. At one point, one of the Goldman executives complained about being attacked by politicians for receiving large bonuses by saying, “You don’t know how expensive it is to live in New York City.”
Reid, his press official said, “sat dumbfounded.”
http://www.foxbusiness.com/markets/2010/04/14/goldman-sachs-harry-reid/

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