Tuesday, October 20, 2009

Money Changes Everything

I find this headline peculiar. How hard would it have been to say "Democrats?" Financial Giants Donating Little To Obama Party
The Wall Street giants that received a financial lifeline from Washington may have no compunction about paying big bonuses to their dealmakers and traders. But their willingness to deliver “thank you” gifts to President Obama and the Democrats is another question altogether.
Yeah! Where's the appreciation? The "Obama Party" is well known for appreciating "thank you gifts," especially when they come in an elegantly simple packages like a crisp white envelope or a leather briefcase. Then, again, maybe all those smart guys in the finance industry have figured out what some of us learned years ago: Dems only care about you long enough to rake in your money. Not only that, they are constitutionally incapable of dealing with issues of wealth and finance without throwing a hissy fit over "inequality." This is a surprise?

“There are sensitivities there,” said Scott Talbot, a lobbyist for the industry’s Financial Services Roundtable. Political contributions “can make a donor a target,” Mr. Talbot said. Many involved, though, say the low attendance from those Wall Street giants also reflected a broader disenchantment with Mr. Obama over the angry language emanating from the White House over the million-dollar bonuses and anti-regulatory lobbying.

And you have to love the exasperated tone of this guy. He can lay down a guilt trip like a grandma asking why you don't visit more often:

“There is some failure in the finance industry to appreciate the level of public antagonism toward whatever Wall Street symbolizes,” said Orin Kramer, a partner in an investment firm who is a Democratic fund-raiser and one of the event’s chairmen. “But in order to save the capitalist system, the administration has to be responsive to the public mood, and that is a nuance which can get lost on Wall Street.”

I mean, really, the "Obama Party" is only trying to save the capitalist system. Your welcome. Maybe the problem is the finance guys (and many others) don't think "capitalism" is something that needs "saving," like it's a puppy caught in a whirlpool. Instead, the free market needs room to recover without the added detriment of continued "help" from the Obama Party.

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