DCCC Puts Campaign Cash First, Corzine Victims Last by Continuing to Cling to Corzine’s Donations

Disgraced DCCC Benefactor Jon Corzine Facing Lawsuit from Montana Farmers, But DCCC Still Won’t Donate $130,000 in Scandal-Tainted Corzine Cash 

• Disgraced MF Global CEO and DCCC donor Jon Corzine is now facing a class action lawsuit from Montana farmers, who claim that Corzine’s risky bets led to MF Global’s downfall while farmers suffered the consequences.
• Hypocrisy is in the air over at the Democratic Congressional Campaign Committee, which is still clinging to $130,000 in scandal-tainted donations from Corzine even as the committee’s chairman Steve Israel takes to the airwaves to criticize the influence of money in politics.
• Further complicating the DCCC’s problems is the fact that hoarding their corrupt Corzine cash only adds to the substantial frustrations they face from the Occupy movement that Democrats have tried to co-opt, but which has charged Democrats with “corporate greed” in return. Guilty as charged?

Disgraced MF Global CEO and DCCC donor Jon Corzine is now facing a class action lawsuit from Montana farmers, who claim that Corzine’s risky bets led to MF Global’s downfall while farmers suffered the consequences:

“FARMERS SUE JON CORZINE OVER MISSING MILLIONS”: “Montana farmers have filed a class action suit against former New Jersey governor Jon Corzine, charging that the failed financial firm run by Corzine stole millions from their accounts to pay off its spiraling debts, and that Corzine’s ‘single-minded obsession’ with making MF Global a big player on Wall Street led to the firm’s collapse. MF Global’s clients included 38,000 wheat farmers, cattle ranchers and others who ‘hedged’ their crop prices by placing millions in MF Global accounts.”(Cindy Galli, “Farmers Sue Jon Corzine Over Missing Millions,” ABC News, 1/9/2012) 

MF GLOBAL COLLAPSE “HITTING HARD ACROSS RURAL AMERICA” AS FARMERS “NERVOUSLY WAITING TO LEARN HOW MUCH MONEY THEY’VE LOST”: “The shock waves from the collapse of commodities trading firm MF Global Inc. are hitting hard across rural America, where farmers, ranchers and agricultural business owners are nervously waiting to learn how much money they’ve lost.”(Steve Karnowski, “Shock Waves from MF Global Collapse Felt on Farms,” Associated Press, 12/4/2011) 

“MF GLOBAL COLLAPSE FELT IN FARM COUNTRY”: “The havoc wreaked by MF Global’s bankruptcy filing has been felt not just by Wall Street investors and traders, but also by wheat and corn growers, cattle ranchers and pig farmers. Dotting the Farm Belt, many who used the commodities market to protect against price swings are finding their money locked up and their hedges unwound due to the firm’s downfall.” (Jerry Dicolo, “MF Global Collapse Felt in Farm Country,” The Wall Street Journal, 12/6/2011)

Hypocrisy is in the air over at the Democratic Congressional Campaign Committee, which is still clinging to $130,000 in scandal-tainted donations from Corzine even as the committee’s chairman Steve Israel takes to the airwaves to criticize the influence of money in politics:

“DIANA WILLIAMS: ‘What does it cost these days to run for Congress?’

“REP. STEVE ISRAEL: ‘It depends on the media market. The short answer, too much. We need to get money out of politics.’” (Interview with Steve Israel, WABC-NY, 1/8/2012)

Is This What Getting “Money Out of Politics” Looks Like? Corzine Personal Donations to House Democrats

(CQMoneyLine, accessed 1/8/2012)

“CORZINE: ‘I SIMPLY DO NOT KNOW WHERE THE MONEY IS’”: (Scott Patterson and Aaron Luchetti, “Corzine: ‘I Simply Do Not Know Where the Money Is,’” The Wall Street Journal, 12/8/2011)

“ANALYSIS: MF GLOBAL PROVES ENRON-ERA ACCOUNTING LIVES ON”: (Nanette Byrnes, “Analysis: MF Global Proves Enron-Era Accounting Lives On,” Reuters, 12/2/2011)

FBI INVESTIGATING HOW CORZINE’S COMPANY LOST CUSTOMER MONEY: (Paul Steinhauser, “RNC Calls on Obama to Return Corzine Contributions,” CNN, 11/3/2011)

OOPS: OBAMA RE-ELECT, DNC ALREADY ANNOUNCED THEY WOULD REFUND CORRUPT CORZINE CASH: “President Barack Obama’s re-election campaign has returned campaign contributions from Jon S. Corzine, former chairman and chief executive officer of MF Global Holdings Ltd., according to a Democratic official.

“Responding to Republican criticism that the money from the former New Jersey governor was tainted by his firm’s collapse, Obama for America and the Democratic National Committee refunded the money, said the official, who requested anonymity.” (Hans Nichols, “Obama Returns $70,000 in Corzine Donations,”Bloomberg, 12/23/2011)

AFTER OBAMA CALLED CORZINE “OUR WALL STREET GUY”: “The rollout also provided a showcase for Corzine, the former Goldman Sachs CEO whom Obama referred to as “our Wall Street guy” at a meeting of Democratic governors in Chicago on Friday.” (Claire Heininger, “Corzine Profile Rises in Obama Camp,” The New Jersey Star-Ledger, 6/23/2008)

Further complicating the DCCC’s problems is the fact that hoarding their corrupt Corzine cash only adds to the substantial frustrations they face from the Occupy movement that Democrats have tried to co-opt, but which has charged Democrats with “corporate greed” in return. Guilty as charged?: 

GUILTY AS CHARGED? “DEMOCRATS BECOME TARGET OF OCCUPY PROTESTS” DUE TO “OVERWHELMING INFLUENCE OF CORPORATE GREED”: (Steven Yaccino, “Democrats Become Target of Occupy Protests,” The New York Times, 1/4/2012) 

DEMS HAVE WORKED HARD TO COURT OCCUPIERS:

DEMOCRAT LEADER NANCY PELOSI: OCCUPY “POLITICALLY HELPFUL TO DEMOCRATS”: “Despite some unfavorable polling, House Minority Leader Nancy Pelosi still thinks the Occupy movement has been politically helpful to Democrats.” (Brian Beutler, “Pelosi: Occupy Movement Enhances Dems’ National Message,”Talking Points Memo, 12/5/2011)

DEMOCRATIC CONGRESSIONAL CAMPAIGN COMMITTEE HAS PETITION FOR “STANDING WITH OCCUPY WALL STREET”: (“Goal: 100,000 Strong Standing With Occupy Wall Street,” Democratic Congressional Campaign Committee, Accessed 11/23/2011) 

WHILE 51% OF AMERICANS THINK OCCUPIERS ARE A “PUBLIC NUISANCE”: (“51% See Occupy Wall Street Protestors as a Public Nuisance,” Rasmussen Reports, 1/5/2012) 

BUT OCCUPIERS CONTINUE TO SPURN DEMS:

IOWA OCCUPIERS TRIED TO “OCCUPY OBAMA”: (Tyler Kingkade, “Occupy Obama,” The Huffington Post, 12/19/2011)

“AS OCCUPIERS PROTEST DEMOCRATS, DEMOCRATS COURT OCCUPIERS”:(Jessica Brady, “As Occupiers Protest Democrats, Democrats Court Occupiers,” Roll Call, 12/3/2011)

“OCCUPY, LIBERALS CAN’T GET TOGETHER”: “A planned meeting today between the Congressional Progressive Caucus and Occupy Wall Street activists was scuttled late Tuesday after Roll Call inquired about it, highlighting increasing tensions between Democrats and the movement.” (Janie Lorber, “Occupy, Liberals Can’t Get Together,” Roll Call, 12/14/2011) 

BUT DEMS ARE STANDING BY THEIR OCCUPIER BASE:

HOUSE DEMS BRAINSTORMING WAYS “TO MAINTAIN TIES WITH THE LEFTIST PROTESTORS”: “Congressional Democrats still haven’t quite figured out how to harness the energy behind the Occupy Wall Street movement for political gain, but they nevertheless are incorporating the group into their messaging as a way to maintain ties with the leftist protesters.” (Jessica Brady, “As Occupiers Protest Democrats, Democrats Court Occupiers,” Roll Call, 12/3/2011)

“DESPITE ATTACKS, DEMS STANDING BY OCCUPY WALL STREET”: “For weeks now, Republicans have attacked Democrats for voicing support for the Occupy Wall Street protesters, in particular faulting the DCCC for standing up for them. And the incidents of violence and excess have led some neutral commentators to predict that Dems will pay a political price if they align themselves with the movement.” (Greg Sargent, “Despite Attacks, Dems Standing by Occupy Wall Street,” The Washington Post’s Plumline Blog, 11/22/2011)

“NANCY PELOSI STANDS BY OCCUPY WALL STREET IN FUNDRAISING E-MAIL FROM DCCC”: (Aliyah Shahid, “Nancy Pelosi Stands by Occupy Wall Street in Fundraising E-mail from DCCC,” NY Daily News, 11/22/2011)

OBAMA TO “OCCUPIERS”: “YOU ARE THE REASON I RAN FOR OFFICE”: “A few minutes later, Obama acknowledged the Occupy protest movement again, saying: ‘You are the reason I ran for office.’” (Bernie Becker and Alicia Cohn, “Obama Heckled by Protestors at New Hampshire Speech,” The Hill, 11/22/2011)

EARLIER PELOSI COMMENTS ON OCCUPY WALL STREET: “GOD BLESS THEM”: “‘God bless them,’ Pelosi said, ‘for their spontaneity. It’s independent … it’s young, it’s spontaneous, and it’s focused. And it’s going to be effective.’” (John McCormack, “Pelosi on Occupy Wall Street Protestors: ‘God Bless Them,’” The Weekly Standard, 10/6/2011)