Sunday, October 19, 2008

Wall Street Investments That Pay Off

An article in The American Conservative outlines how Wall St's FIREmen (Financia, Insurance and Real Estate lobbyists) investment in our elected officials paid off.
The hard lesson here will be that hard lessons are for chumps who can’t afford otherwise.
and
The finance/insurance/real estate (FIRE) sector has given approximately $180 million to House and Senate candidates in the current election cycle, and $116 million to presidential candidates, including $25 million to Barack Obama and $22 million to John McCain.
yeppers, we got the best democracy money can buy. it's no wonder the legislators who voted for the initial bailout plan were the ones receiving the most FIRE money.

American Conservative article here.

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