Truly breathtaking in his utter sleaziness, that’s Eric Cantor:
Yesterday morning, House Majority Leader Rep. Eric Cantor (R-VA) visited the Chicago headquarters of the CME Group, “the world’s largest owner and operator” of private exchanges for derivatives products. CME Group specializes in a number of markets, including trading futures contracts for various blends of crude oil and food commodities. Cantor met with executives, and at one point, gave brief remarks before CME Group employees and various commodity speculators.
Cantor told the audience of speculators that his Republican caucus would “do our part” to block the implementation of financial reforms passed last year as part of the sweeping Dodd-Frank law. He even called out the Commodity Futures Trading Commission, the regulators in charge of overseeing derivatives and energy speculation, and promised to stop regulations from going online.
As one commenter noted, “Cantor has shown that he is for the corporations, and against the country.” As another put it, “Eric Cantor supports and promotes economic treason as opposed to economic patriotism.”