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WTF is Schumer doing?

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Who's gonna pay for the wall?

Chuck Schumer.

 

From ThinkProgress:

 

WTF is Schumer doing?

 

<snip>

Democratic House candidates received a historic amount of votes across the country and broke the unified Republican control of U.S. government under President Donald Trump.

Enter Senate Minority Leader Chuck Schumer (D-NY).

The New York Democrat, who has made a series of pointless deals allowing confirmations of dozens of Trump judicial nominees, said on Tuesday that he’s willing to offer Trump $1.6 billion for border security. (The Wall)

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Would you  trade "$1.6 billion for border security" for universal single payer healthcare?

 

I don't now what a worthwhile deal and I don;'t know what he could get, would be but it appears that Schumer wants to trade something for something.

 

Also, keeping the orange DiJiT occupied with wall trivia dealing, while Mueller moves forward, seems to be a worthwhile endeavor.

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In 2013, 74% of Schumer's donations came from large inidividual contributions.  His top contributor at $156.827   was Paul Weiss, the head of a large, international law firm.  Second was NorPac at $117.368. 

.https://www.opensecrets.org/members-of-congress/summary/charles-schumer?cid=N00001093

 

Sen. Schumer's political motivations depend heavily on where his funding comes from.  I could not find anything about Paul Weiss' political views.  But NorPac, while claiming to be non-partisan, has recently been approving of Trump.  NY needs to elect a senator who represents the people and not special interests.

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4 hours ago, laripu said:

Would you  trade "$1.6 billion for border security" for universal single payer healthcare?

Yes, in a heartbeat.. There is no problem at the border that hasn't existed for the past 25 year. In fact Immigration is down significantly.

 

4 hours ago, laripu said:

I don't now what a worthwhile deal and I don;'t know what he could get, would be but it appears that Schumer wants to trade something for something.

I have looked, and there seem to be nothing that Trump is giving up for the $1.6B. Back in January, Schumer offered funding in exchange for DACA. This latest offer appears to simply be Schumer's counteroffer to Trump's $5B request, so he already caved on DACA. The counteroffer should have been exactly $0.00.

2 hours ago, bludog said:

In 2013, 74% of Schumer's donations came from large inidividual contributions.  His top contributor at $156.827   was Paul Weiss, the head of a large, international law firm.  Second was NorPac at $117.368.

Opensecrets.org-

Schumer’s Top 10 Donors (1989-2016)

 

Citigroup                               $513,966

Paul Weiss et al                   $447,200

JPMorgan                             $383,550

Credit Suisse                        $361,594

Morgan Stanley                    $332,492

Ernst & Young                       $288,350

UBS AG                                  $288,150

Bear Stearns:                        $243,600

Sullivan & Cromwell:           $238,100

Center for Responsive Politics: During the 2016 election cycle, he raised more money from Facebook than any other member of Congress.

 

I am growing weary of Schumer’s antics.

  • The 2008 Aftermath: As the crisis jolted the nation in September,  he became one of the first officials to promote a Wall Street bailout. He spent hours in closed-door briefings and a weekend helping Congressional leaders nail down details of the $700B bailout. The next day, Mr. Schumer appeared at a breakfast fund-raiser in Midtown Manhattan. Addressing Henry R. Kravis, the buyout billionaire, and about 20 other finance industry executives, he offered some reassurance: “We are not going to be a bunch of crazy, anti-business liberals. We are going to be effective, moderate advocates for sound economic policies, good responsible stewards you can trust.” The message clearly resonated. The next week, executives at firms represented at the breakfast sent in more than $135,000 in campaign donations.
     
  • Repeal of Financial Regulations: Over strong objections from Sen. Warren, and Sen Sanders, Schumer enabled the repeal of financial regulations put in place after the Great Recession. This bill would not have passed without the support of 16 Senate Democrats (including-Kaine, Heitkamp, McCaskill, Donnelly, Manchin, Tester, & Warner). Democratic leadership made a conscious decision to let it pass. The bill passed. Trump signed it. Now, banks with more than $50 billion in assets are no longer  subject to the toughest federal regulations, including a yearly stress test to prove they could survive another onslaught of economic turmoil. The bill raised that threshold to $250 billion in assets, allowing several high-profile financial institutions to escape the extra regulatory scrutiny.  The legislation would also exempt banks with less than $10 billion in assets from the “Volcker rule,” which bars banks from making certain risky wagers with their own money.

Source- NYT December 2008:"A Champion of Wall Street Reaps Benefits"

  • The whole Facebook thing: Facebook’s troubles threatened to cost the company billions of dollars in market value, Mr. Schumer confronted Mr. Warner, by then Facebook’s most insistent inquisitor in Congress. “Back off”, he told Mr. Warner Mr. Warner should be looking for ways to work with Facebook, Mr. Schumer advised, not harm it. Facebook lobbyists were kept abreast of Mr. Schumer’s efforts to protect the company, according to the employee. Mr. Schumer also has a personal connection to Facebook: His daughter Alison is a marketing manager in Facebook’s New York office.

  • Now, giving Trump $1.6B to build his wall:  Is like telling the president that he will punch himself in the crotch 6 times — far less than the 27 times Trump wants – but he won’t say if Democrats are shutting the door on anything more. Good thing he's a eunuch.

 

 

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ExPDXer, thanks for all that info. It looks like Schumer has been bought.

 

Too bad, I thought it possible that he had a plan to bargain for something good. 

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Isn't that $1.6billion for about 10% of the wall, or do I have things mixed up?

So,

is the "deal" just to help Trump save face?

The Republican donors make big bucks by hiring illegals.

They don't want a wall.

So, it will just become a waste of taxpayer dollars for all to see,

that won't accomplish anything?

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26 minutes ago, peter45 said:

Isn't that $1.6billion for about 10% of the wall, or do I have things mixed up?

So, is the "deal" just to help Trump save face?

 

 

Depends on whether the budget includes the 12ft Gold plated statues of Trump every 100 miles or not.

 

 

Seriously, the cost estimates could be up to $70B, so $1.6B would just be 2.3% of the total cost of the boondoggle...

Senate Homeland Security and Governmental Affairs Committee analysis of DHS proposal

  • Using cost estimates for sections of the wall provided by Customs and Border Protection, the extrapolated cost of the wall could be nearly $70 billion—amounting to a total cost to every American man, woman, and child of over $200.

  • These estimates do not include potential costs of land acquisition of thousands of acres along the southern border, either through land sales or eminent domain.

  • Litigation to acquire the land to build the wall may last a decade or longer.
  • Wall Maintenance may cost up to $150million / year
  • Proposed concrete wall prototypes will be paid for by slashing the budget for mobile video surveillance. Secretary Kelly has testified on the importance of technology, stating that “a physical barrier in and of itself will not do the job.  It has to be really a layered defense.” 

US Senate- Border Wall Report

The Trump Wall would require a total of 7.1 million cu meters of concrete at a cost of over $700m.

Assuming a standard cement content, this volume of concrete would require around 2.4 million tons of cement at a cost of around $240m.

CalPortland, and Cemex would be two big winners.

 

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21 minutes ago, ExPDXer said:

 

Depends on whether the budget includes the 12ft Gold plated statues of Trump every 100 miles or not.

 

 

Seriously, the cost estimates could be up to $70B, so $1.6B would just be 2.3% of the total cost of the boondoggle...

Senate Homeland Security and Governmental Affairs Committee analysis of DHS proposal

  • Using cost estimates for sections of the wall provided by Customs and Border Protection, the extrapolated cost of the wall could be nearly $70 billion—amounting to a total cost to every American man, woman, and child of over $200.

     

  • These estimates do not include potential costs of land acquisition of thousands of acres along the southern border, either through land sales or eminent domain.

     

  • Litigation to acquire the land to build the wall may last a decade or longer.
  •  

    Wall Maintenance may cost up to $150million / year
  • Proposed concrete wall prototypes will be paid for by slashing the budget for mobile video surveillance. Secretary Kelly has testified on the importance of technology, stating that “a physical barrier in and of itself will not do the job.  It has to be really a layered defense.” 

     

 

 

US Senate- Border Wall Report

The Trump Wall would require a total of 7.1 million cu meters of concrete at a cost of over $700m.

Assuming a standard cement content, this volume of concrete would require around 2.4 million tons of cement at a cost of around $240m.

CalPortland, and Cemex would be two big winners.

 

So maybe it is just a little window dressing to placate the morons,

and show that the Dems can be bi-partisan.

 

 

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Without knowing what Chuck is getting it's impossible to make a judgment. Seems like attacking Chuck and Nancy is the new favorite past time with people that don't know how the game of politics is played. 

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17 hours ago, Gregory said:

Without knowing what Chuck is getting it's impossible to make a judgment. Seems like attacking Chuck and Nancy is the new favorite past time with people that don't know how the game of politics is played. 

The 'game' of politics (getting elected), is very different than the duty to govern.

What is Chuck getting for his acquiescence? Is it a secret?

Why did he give up on DACA?  He has some explaining to do, IMHO.

 

There many Democratic Congressmen & Senators that oppose any funding for the wall.

There are many Democratic, Progressive, and Independent voters who realize spending $1.6B to solve a 'problem' manufactured by Trump and the Republicans could be spent on better things.

 

Giving Trump a 'win' on building his wall is not good political gamesmanship.

It probably will not be well received by Hispanics in CA, AZ, or TX. 

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You are exactly correct ExPDXer!

 

Bring this battle to the American Voter. Enough! No stupid wall! 

What the American people need is SS fixed tomorrow - doable easily!!! We need healthcare for all - yes, we should go with a single payer policy like medicare for all.

Here is an economic study on Medicare for all FYI - it illustrates an outline of what is possible...

https://www.peri.umass.edu/publication/item/1127-economic-analysis-of-medicare-for-all

 

You say we have supported the Saudi's too long in their wrongful bombing of the people in Yemen, with US military support no less. We have assisted this famine that affects hundreds of thousands of people far far too long.

 

What the hell do we stand for in America today? Are you Mitch McConnell going to stand there as the Senate Majority Leader and let this president hold up the budget over building a stupid wall on our Southern Border? Well you do that. You do that and I'll see you in 2020! 

 

Enough Already!!!

 

Peace!

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On 11/28/2018 at 5:34 PM, ExPDXer said:

Yes, in a heartbeat.. There is no problem at the border that hasn't existed for the past 25 year. In fact Immigration is down significantly.

 

I have looked, and there seem to be nothing that Trump is giving up for the $1.6B. Back in January, Schumer offered funding in exchange for DACA. This latest offer appears to simply be Schumer's counteroffer to Trump's $5B request, so he already caved on DACA. The counteroffer should have been exactly $0.00.

Opensecrets.org-

Schumer’s Top 10 Donors (1989-2016)

 

Citigroup                               $513,966

Paul Weiss et al                   $447,200

JPMorgan                             $383,550

Credit Suisse                        $361,594

Morgan Stanley                    $332,492

Ernst & Young                       $288,350

UBS AG                                  $288,150

Bear Stearns:                        $243,600

Sullivan & Cromwell:           $238,100

Center for Responsive Politics: During the 2016 election cycle, he raised more money from Facebook than any other member of Congress.

 

I am growing weary of Schumer’s antics.

  • The 2008 Aftermath: As the crisis jolted the nation in September,  he became one of the first officials to promote a Wall Street bailout. He spent hours in closed-door briefings and a weekend helping Congressional leaders nail down details of the $700B bailout. The next day, Mr. Schumer appeared at a breakfast fund-raiser in Midtown Manhattan. Addressing Henry R. Kravis, the buyout billionaire, and about 20 other finance industry executives, he offered some reassurance: “We are not going to be a bunch of crazy, anti-business liberals. We are going to be effective, moderate advocates for sound economic policies, good responsible stewards you can trust.” The message clearly resonated. The next week, executives at firms represented at the breakfast sent in more than $135,000 in campaign donations.
     
  • Repeal of Financial Regulations: Over strong objections from Sen. Warren, and Sen Sanders, Schumer enabled the repeal of financial regulations put in place after the Great Recession. This bill would not have passed without the support of 16 Senate Democrats (including-Kaine, Heitkamp, McCaskill, Donnelly, Manchin, Tester, & Warner). Democratic leadership made a conscious decision to let it pass. The bill passed. Trump signed it. Now, banks with more than $50 billion in assets are no longer  subject to the toughest federal regulations, including a yearly stress test to prove they could survive another onslaught of economic turmoil. The bill raised that threshold to $250 billion in assets, allowing several high-profile financial institutions to escape the extra regulatory scrutiny.  The legislation would also exempt banks with less than $10 billion in assets from the “Volcker rule,” which bars banks from making certain risky wagers with their own money.

Source- NYT December 2008:"A Champion of Wall Street Reaps Benefits"

  • The whole Facebook thing: Facebook’s troubles threatened to cost the company billions of dollars in market value, Mr. Schumer confronted Mr. Warner, by then Facebook’s most insistent inquisitor in Congress. “Back off”, he told Mr. Warner Mr. Warner should be looking for ways to work with Facebook, Mr. Schumer advised, not harm it. Facebook lobbyists were kept abreast of Mr. Schumer’s efforts to protect the company, according to the employee. Mr. Schumer also has a personal connection to Facebook: His daughter Alison is a marketing manager in Facebook’s New York office.

  • Now, giving Trump $1.6B to build his wall:  Is like telling the president that he will punch himself in the crotch 6 times — far less than the 27 times Trump wants – but he won’t say if Democrats are shutting the door on anything more. Good thing he's a eunuch.

 

 

 

We don't need another munchchin.

 

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On 12/1/2018 at 10:16 AM, ExPDXer said:

The 'game' of politics (getting elected), is very different than the duty to govern.

What is Chuck getting for his acquiescence? Is it a secret?

Why did he give up on DACA?  He has some explaining to do, IMHO.

 

There many Democratic Congressmen & Senators that oppose any funding for the wall.

There are many Democratic, Progressive, and Independent voters who realize spending $1.6B to solve a 'problem' manufactured by Trump and the Republicans could be spent on better things.

 

Giving Trump a 'win' on building his wall is not good political gamesmanship.

It probably will not be well received by Hispanics in CA, AZ, or TX. 

I agree about The Wall not on dime for tRumps wall should be oked by the Dems in the house.

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