State Senator Malcolm Smith (D-Queens) may be Senate's minority leader but he's very confident Democrats will take control of the the State Senate. So confident that, per what some lobbyists told the Post, at a golf event for lobbyists, Smith told them to "think of his fund-raising event as being like an IPO, an initial public offering...He said we should get in early because then it doesn't cost as much. The longer you wait to get in, he said, the more it will cost you and if you don't get in at all, then it will be painful after November, after the Democrats win the majority." The Daily News also has an item about these odd remarks, with one lobbyist adding, "I've been here almost 20 years, and I've never heard anyone be as blatant as he was." And now this has opened up the door for the Senate GOP to ask for an investigation.




Arrogance is not very becoming Malcolm.
It sounds like he was being honest. Buy off the politician at the low IPO price and reap the dividends later.
"So just one rent-stabilized apartment...and we're golden?"
the air of entitlement has a stench all its own.
That Cheshire grin isn't helping things...
If a Republican did this people would be aggressively asking for his resignation.
Sounds like an Eddie Murphy routine.
I love these guys.
What's this now? An honest man in Albany?
"I'm Malcolm Smith, state senator and shakedown artist. You can bribe me at bargain rates if you act fast."
Just another disgusting demo-crap.
Even Clay Davis was more discreet.
Shameful sh-t.
And today the Daily News is reporting that he's claiming that it's all just a joke. Get it -- he was just kidding!!!! Never mind that people who were there found it serious enough to call multiple newspapers to report it......it was just a joke!