Dems Criticized for Supporting OWS Protests

(Newsroom America) -- Democrats are increasingly coming under fire from some in the the financial sector for lending support to the "Occupy Wall Street" protestors, a report said Tuesday.

Politico.com reported that after the Democratic Congressional Campaign Committee sent an email to supporters asking them to sign a petition backing the expanding OWS protests, the group was inundated with phone calls from some banking and finance industry chiefs questioning the strategy.

The execs "were livid," one Democratic lobbyist told Politico. Another said the execs called to ask, "What are you doing? Do you even understand some of the things that they’ve called for?"

Though the DCCC and the Obama administration are trying to show solidarity with the protesters while still keeping them at bay, a number of Wall Street execs said average Americans won't make that distinction when they go to the ballot box next year.

Obama raised more campaign cash from Wall Street than his GOP challenger, Sen. John McCain, in 2008, but because of the Democrats' liberal line with the sector this time around, the amount of giving to Obama's reelection bid is liable to fade somewhat, political watchers have said.

"You can’t have it both ways," one in-house financial services lobbyist told the political journal. "It just makes it harder for people who are Democrats in New York, Boston, Chicago to on the one hand be demogagued and then be asked ‘Hey, you can get your picture with the president for $30,000.’ It doesn’t square."

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