Saturday, July 31, 2010

Standing At 40-60 Now

New York Stock Exchange on Wall Street in New ...Image via Wikipedia
City Hall: Do New York Democrats Have A Wall Street Problem?
Some think that if Saujani can win at least 40 percent of the vote against Maloney, then it will unleash a flurry of interest in her kind of insurgent candidate: young, tech-friendly and no enemy of Wall Street.
Only two weeks back I did some momentum talk here, and I noted that Reshma 2010 moved from a 10:1 ratio trailing Maloney in mid May to a 3:1 or a possibly 2:1 ratio by mid July. That was remarkable. I also noted that the momentum was not a line graph but a curve graph. I have been proven right. Now Reshma 2010, barely two weeks later, stands at 60:40. The curve gets even steeper with every passing week. We got six full weeks.

With this new number, I can see a debate happening some time in August, or maybe even two. Maloney's political consultants are going to crunch these numbers and they are going to say, this race is competitive now, we can't afford to not debate, no longer. At 70-7, debating is a mistake, at 60-40, not debating is a mistake. This Reshma person can no longer be ignored.

September 1-14: The Niagara Falls Part
Reshma On Track To Taking Over This Blog
Reshma Saujani: Top 10 Women To Watch In America
Reshma's Momentum: Line Graph Or Curve Graph
Reshma's Momentum: 70% Vs. 7%, 24,000 Vs. 8,000 Signatures, $2 Vs. $1.2 Million

Reshma Saujani, among the top 10 women to watch in America, Reshma Saujani, the top woman to watch in New York City. (Reshma Saujani: Top 10 Women To Watch In America)

Reformed Wall Street: No Longer A Problem (Immigration Now?)

City Hall: Do New York Democrats Have A Wall Street Problem?
Ask anyone on Wall Street to host a fundraiser for a Democrat in New York these days, expect a blank stare. Ask any Democrat to accept a donation from someone working for a bank, investment firm or hedge fund, and expect the same reaction....... They wonder if some Democrats really understand how easy it would be for them to move their firms to friendlier shores, knowing they (or at least the disproportionate 30 percent of the state’s tax revenues they produce) would be missed..... the financial industry has so far this cycle contributed $84.5 million to Democratic candidates, down from $241.7 million the last time around—a 65-percent drop-off largely from disenchanted New York donors. ...... wonders if the government realizes how transportable his business is, or how overly reliant the state is on Wall Street revenues. Because the financial services industry votes too ...... “I think maybe it’s gone too far, the demonizing.” ..... Andrew Cuomo managed to raise an impressive $23.6 million with the help of some very generous people on Wall Street ...... the complex relationship that exists between Wall Street and the Democrats. ...... Cuomo, like practically every elected official in New York, believes he has been successful in balancing his approach to Wall Street, and put some distance between his campaign and the anti-Wall Street mood of many of his fellow New York Democrats. ........ Bankers like to back winners, and in New York, the winners tend to be Democrats. ....... Washington and Wall Street both should temper their expectations of each other. ...... “There’s a reason for frustration on both sides,” Wylde said. “There hasn’t been as much rational dialogue, conversation. There’s tended to be more demonizing on both sides. A lot of the business community feels poorly served by Washington. On the other hand, Washington is suffering under the anger of the whole country that they allowed Wall Street to go too far.” .... Bloomberg’s warning of a mass exodus that would destroy the city and state
Wall Street has been reformed. That reform was so very necessary. It was not a perfect reform bill, but it was a good one. And we can build upon its success to enact further reforms, some of which Reshma has pointed out.

What has not been reformed yet is Congress. It was Congress that made Wall Street bad behavior possible. We take a step in the direction of reforming Congress when we ditch Maloney on September 14.

Despite all the demonization and the lies spread by the Maloney camp, Reshma Saujani has strong credentials when it comes to Wall Street. (Barack Obama: The NRA's Candidate)
  • She has not taken a dime in Wall Street PAC money. That makes Reshma 2010 like Obama 2008. 
  • She has been for Wall Street Reform. After Obama signed the Wall Street Reform Bill, I read the statements by Maloney and Reshma. Maloney is like, and yes, I said hello to Barney, and I winked at Pelosi when I saw her pass down the hallway. Her entire statement is full of such name droppings. Whereas Reshma's statement praises the bill and calmly points out the weaknesses in the bill that will have to be looked into during next attempt. Reshma knows her patient, Maloney does not. Maloney is all fluff. 
  • Reshma has exhibited remarkable integrity in not riding the Demonize Wall Street bandwagon. It would have been the easiest thing to do this year. This show of integrity will put her in a good place when it is time to mend the frayed relationship between Main Street and Wall Street. 
  • Reshma is the national candidate to the tech sector. Couple that with her knowledge of Wall Street, and you are looking at someone who is going to play a decisive role in steering Wall Street's enormous resources into creating the jobs, companies and industries of tomorrow. (Maloney: Stifling Debate, Stifling Innovation, Stifling Job Creation, Reshma Saujani: South Asian Powerhouse, National Candidate To The Tech Sector, Digital Dumbo 18: The Dumbo Loft
Video: The Matrix Reloaded Freeway Chase (watch full screen) (Iran)

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