OC Politics Blog | Tag Archives: Wall Street

Bao Nguyen has accepted thousands in Wall Street and special interest donations

Posted on October 20, 2024 by Editor Posted in 2016 Elections, Bao Nguyen, Congress, Democratic Party, Garden Grove, Lou Correa 1 Comment

For Immediate Release: October 20, 2024

Contact: Nina Tognazzini, (949) 933-7533, Shallman Communications

BAO NGUYEN: PAY-TO-PLAY POLITICIAN

Nguyen Accepts Thousands in Wall Street and Special Interest Donations

Santa Ana, CA- On May 9th at a Candidate forum, Bao Nguyen boldly said, “Money is the problem and that’s what Senator Bernie Sanders has highlighted. He’s not an establishment candidate, and I’m not either.” Yet within weeks of making this statement, Bao cashed checks from UBS Wealth Management and Wells Fargo executives.

Whether it is granting huge tax breaks to campaign contributors or awarding multimillion-dollar city projects and development deals to campaign donors, Bao has a history of accepting questionable contributions from special interests and engaging in pay-to-play politics. For someone who supposedly shares Senator Sander’s wariness of big moneyed donors, his campaign relies on their support and the dirty political tactics that come along with it. Continue reading→

Wall Street parties while U.S. jobs wither

Posted on August 11, 2024 by Editor Posted in Barack Obama, Chriss Street, Employment, Federal Government, Wall Street Leave a comment

No Jobs, Party on Wall Street!

Written By: Greg Autry Senior Economist, American Jobs Alliance; Economist,Coalition for a Prosperous American; Co-author ‘Death by China’

This week’s job numbers came in weak , economic growth is “tepid,” U.S. factory orders disappointed, and the stock market had another record close. There was a time, when stock prices and corporate performance were tightly correlated to the economic reality that most Americans experienced on a daily basis. Now, big corporate profits and stock returns appear to be primarily tied to regular doses of federal largess. Anytime the market takes a 2% dip or the administration gets word that bad economic news is about to be released, the Fed swings in like Robin Hood in reverse, to rescue America’s upper class from a possible bad lunch. Continue reading→

Obama unites the extreme left and right

Posted on June 19, 2024 by Art Pedroza Posted in 2012 Elections, Barack Obama, Chriss Street, Democratic Party, Labor, Liberals, Mitt Romney, Republican Party, Tea Party Leave a comment

By Chriss W. Street

Back in September of last year in an article titled “Revolution on the Left to Overthrow President Obama Begins,” I predicted that there would be a political “coup d’état” against the President by the extremist wing of the Democratic Party. Led by the prestigious Roosevelt Institute, Democrat affinity groups — such as union households, women and young people have been quietly trying to decapitate the President’s re-election campaign so that his plummeting re-election prospects did not drag down other Democrats in the 2012. These rebels believe President Obama political triangulation away from hard core liberal orthodoxy in favor of the crony capitalist interests of GE, Goldman Sachs and others, explains why Democratic Party affiliation fallen to a “22-year low of only 31%.” Continue reading→