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bigtree

(86,005 posts)
Sun May 31, 2015, 12:33 PM May 2015

Martin O'Malley: 'I am not beholden to Wall Street interests’

Last edited Mon Jun 1, 2015, 04:58 AM - Edit history (1)

Lis Smith ?@Lis_Smith
.@washingtonpost headline: @GovernorOMalley: 'I am not beholden to Wall Street interests’ http://www.washingtonpost.com/blogs/post-politics/wp/2015/05/31/martin-omalley-i-am-not-beholden-to-wall-street-interests/

Former Maryland governor Martin O'Malley, the newest candidate for the Democratic presidential nomination, criticized former secretary of state Hillary Clinton (D) and former Florida governor Jeb Bush (R) as being a part of "the old leadership" unable to sever ties with Wall Street.

When pressed on whether he believes Clinton and likely candidate Bush would have the same approach to Wall Street, O'Malley said on ABC's "This Week": "I'm saying that what we need new leadership to accomplish is to actually rein in excesses on Wall Street."

"I don't know what Secretary Clinton's approach to Wall Street might be. She will run her own campaign, and I will run mine. I can tell you this: I am not beholden to Wall Street interests," O'Malley said.


read: http://www.washingtonpost.com/blogs/post-politics/wp/2015/05/31/martin-omalley-i-am-not-beholden-to-wall-street-interests/




This Week ?@ThisWeekABC 3h3 hours ago
Gov. Martin O'Malley Says New Leadership Needed to Rein in Wall Street. http://abcn.ws/1RzKC7p #ThisWeek (clip)

Newly declared Democratic presidential contender, former Maryland Gov. Martin O'Malley, took aim at Wall Street and both former Secretary of State Hillary Clinton and former Republican Florida Gov. Jeb Bush during an exclusive interview with ABC News Saturday, saying "new leadership" is needed to rein in what he referred to as the "excesses" of the major investment banks.

"I'm saying that what we need [is] new leadership ... to actually rein in excesses on Wall Street," O'Malley told ABC News' George Stephanopoulos, when asked if Clinton and Bush are beholden to the "bullies" of Wall Street. "And I do believe that, yes – the old leadership of our country was very often deeply engaged with Wall Street."

"When you have somebody that's the CEO of one of the biggest repeat offending investment banks in the country telling his employees that he'd be fine with either Bush or Clinton, that should tell all of us something," he added, referring to recent comments by Goldman Sachs CEO Lloyd Blankfein.


O'Malley, who declared he would run for the Democratic presidential nomination during a rally in Baltimore Saturday, made reining in Wall Street a cornerstone of his campaign message.

"I've got news for the bullies of Wall Street -- the presidency is not a crown to be passed back and forth by you between two royal families," O'Malley said during his announcement speech.

read/watch: http://abcnews.go.com/Politics/gov-martin-omalley-leadership-needed-rein-wall-street/story?id=31418746



"There are no Wall Street CEOs banging down my door and trying to participate or help my campaign."


'This Week' transcript: http://abcnews.go.com/Politics/week-transcript-maryland-governor-martin-omalley/story?id=29953609&page=4


O'MALLEY: ...I think that our country always benefits from new leadership and new perspectives. Let's be honest here, the presidency of the United States is not some crown to be passed between two families, it is an awesome and sacred trust that to be earned, and exercised on behalf of the American people.

...in order for us to make an economy again where people can work hard and get ahead, we need a president who is on our side, a president who is willing to take on powerful, wealthy, special interests in order restore that sort of American economy where wherever you start on the earnings spectrum, you can get ahead through your hard work. That's not the economy we have today.

Twelve years in a row of wages declining. And it doesn't have to be this way.

STEPHANOPOULOS: And Hillary Clinton is not the candidate to take on those powerful special interests?

O'MALLEY: Well, I don't know. I don't know where she stands. Will she represent a break with the failed policies of the past? Well, I don't know. What I know for my own part is in Maryland, we did the things that worked in order to attain the highest median income in the country, in order to create more jobs at a faster rate than our neighbors in Virginia or Pennsylvania. And we also followed policies of inclusion when it comes to marriage equality, the DREAM Act, common sense rights for new Americans like driver's licenses so that they could take care of their families and also reinforce this American dream.

...it's not about being for or against any other candidate, it's about being for the national interests. We can become a strong country again with a strong economy that works for everyone again. But we have to put national interests ahead of special interests.

And right now, it's not even a fair fight. It's as if Wall Street owns one party, and is trying to totally intimidate the other party. And we need to stand up and put the national interests first. If we do that, we can restore our economy.

read: http://abcnews.go.com/Politics/week-transcript-maryland-governor-martin-omalley/story?id=29953609&page=4


23 replies = new reply since forum marked as read
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Martin O'Malley: 'I am not beholden to Wall Street interests’ (Original Post) bigtree May 2015 OP
Thanks for this, bigtree. elleng May 2015 #1
it's heating up bigtree May 2015 #2
As well it should! elleng May 2015 #4
That puts him out of the running in some circles. Octafish May 2015 #3
As it should, Octafish! elleng May 2015 #5
Hear! Here! 2banon May 2015 #10
That was a good interview and a good appearance for O'Malley. n/t FSogol May 2015 #6
he's a very charismatic and substantive man bigtree May 2015 #8
The politicians with the sensitive antennae are picking up a disturbance in the Force Fumesucker May 2015 #7
the crown thing is probably the biggest hurtle for clinton. the people i have listened to. which seabeyond May 2015 #9
he's refreshing. and honestly, I find his relative youth cali May 2015 #11
kick bigtree May 2015 #12
K&R Andy823 May 2015 #13
» bigtree May 2015 #14
<< seabeyond May 2015 #15
We'll see MFrohike May 2015 #16
Karine Jean-Pierre will be taking on that role bigtree May 2015 #17
I like this guy. zappaman May 2015 #18
So far, so very good Joe the Revelator May 2015 #19
kick bigtree Jun 2015 #20
"Neither am I" is what I hope to hear from Hillary loyalsister Jun 2015 #21
The follow-up statement to that should be...so it will take me four years to learn it. Like it or libdem4life Jun 2015 #22
I don't have as cynical a view of the presidency bigtree Jun 2015 #23

bigtree

(86,005 posts)
8. he's a very charismatic and substantive man
Sun May 31, 2015, 01:07 PM
May 2015

...and those qualities shine through in every venue.

Fumesucker

(45,851 posts)
7. The politicians with the sensitive antennae are picking up a disturbance in the Force
Sun May 31, 2015, 12:47 PM
May 2015

It's as if three hundred million souls were crying out as one.

The Bidness As Usual gang are going to have their work cut out for them this election.

Seeing Wall Street get whacked like a pinata will be gratifying to a lot of people.

 

seabeyond

(110,159 posts)
9. the crown thing is probably the biggest hurtle for clinton. the people i have listened to. which
Sun May 31, 2015, 01:11 PM
May 2015

is also kinda sad, cause credential wise, and experience, she has individually earned the run.

Andy823

(11,495 posts)
13. K&R
Sun May 31, 2015, 03:07 PM
May 2015

He did very well, and avoided talking about Hillary by saying she could defend herself. I really like his statement on Wall Street, and his view on making those responsible for wrong doing on Wall Street to be prosecuted for their crimes. I am liking him more and more!

MFrohike

(1,980 posts)
16. We'll see
Sun May 31, 2015, 09:04 PM
May 2015

Nice words, but who's speaking into his ear? I want to know who's advising him before I believe a word of it.

bigtree

(86,005 posts)
17. Karine Jean-Pierre will be taking on that role
Sun May 31, 2015, 09:36 PM
May 2015

Ms. Jean-Pierre was the deputy battleground states director for Mr. Obama’s re-election campaign in 2012. Before that she worked as regional political director in the White House Office of Political Affairs.

Ms. Jean-Pierre has spent time immersed in a crucible of liberal primary politics — she was the campaign manager for Letitia James, the New York City public advocate, in her primary campaign runoff in 2013. She also was a senior adviser to Bill Thompson when he ran for mayor of New York that same year.

read: http://www.nytimes.com/politics/first-draft/2015/05/07/martin-omalley-hires-political-director-before-likely-run/?_r=0




One of the highest-ranking out lesbians in American politics, Karine Jean-Pierre is a Regional Director in the White House Office of Political Affairs, and previously served as the White House Liaison to the U.S. Department of Labor.

“I am a part of multiple communities,” says this Haitian-American. “I fell into politics by accident while making a documentary on Haiti during grad school. Through that experience and counsel from mentors, including former NYC Mayor David Dinkins, I became inspired to make an impact in the world by getting involved in politics.”

Jean-Pierre also served as Southeast Political Director in the Chicago Headquarters for the Obama presidential campaign and in the Political Department of the 2009 Presidential Inauguration Committee. “It wasn’t until recently that I realized my impact in the gay community,” she adds. “I am currently mentoring two young queer women of color who have both said to me, individually, that they didn’t know someone like me existed: a black, Haitian lesbian working at the White House.”

read: http://www.gomag.com/article/100_women_we_love_class_o2/30

loyalsister

(13,390 posts)
21. "Neither am I" is what I hope to hear from Hillary
Mon Jun 1, 2015, 05:56 AM
Jun 2015

Imagine if they all were to get on the same page with that, and were able to draw that contrast with the GOP! On the other hand, how will our nominee win if they are significantly outspent? Either way, I hope he and Bernie keep the discussion going.

 

libdem4life

(13,877 posts)
22. The follow-up statement to that should be...so it will take me four years to learn it. Like it or
Mon Jun 1, 2015, 12:18 PM
Jun 2015

not the federal Bureaucracy runs the government. Presidents come and go. These guys are lifers, for the most part. Bernie and Hillary do know, and that should give them an edge on this issue. The Presidency is increasingly becoming like a Monarch...for political and public show, but little power aside from an occasional Bully Pulpit declaration.

bigtree

(86,005 posts)
23. I don't have as cynical a view of the presidency
Mon Jun 1, 2015, 12:39 PM
Jun 2015

...if we can agree that they can do great harm (Bush-Cheney), we can reason that they can also accomplish great good.

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