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Politics : Mainstream Politics and Economics
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To: koan who wrote (20130)7/20/2012 9:30:18 PM
From: Jorj X Mckie9 Recommendations  Read Replies (1) of 85487
 
But the Republicans are in bed with the rich.


A more accurate statement is that the rich are in bed with both republicans and democrats. But the rich definitely favor the democrats. You can look up to whom the wall street big wigs gave most generously in the 2008 election.

Where there are certainly some wealthy people who support republicans, there are even more ultra rich who support democrats. And why is that? Because they know that democrats will pass laws that make a barrier for entry for competition. Do you think it is an accident that GE was a huge supporter of Obama? Or that wall street execs overwhelmingly favored Obama. Do you think it's because they are altruistic magnanimous philanthropists? Or do you think that they support Obama because they think it will give them a competitive advantage and therefore make them more money?
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