Sunday, April 25, 2010

Wall Street is pulling out support for Democrats

I found a news article summarizing how wall street corporations are reducing their contributions to the Democratic Party in light of government measures that could regulate and reduce the power of the finance industry.  One particular measure endorsed by the Democrats in the Financial Reform Bill.  The article highlights the influence of Wall Street contributors on the dominating party of the government, and how their contributions have benefited their agency. To read the article, click on this link.

Well, it all makes sense.   The wealthy use their money (through "campaign contributions") to influence key government officials.  It is all right there in the article, plus we all know the impact of lobbying and campaign contributions on our government.  Nobody, especially the wealth, will give you money for nothing in exchange.

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