Wall Street usually favors the Democrats, lavishing contributions on Democratic candidates and causes. What? you say. Well, look. If they can use government regulations to take out the competition, it's just the cost of doing business. Did you really think Obamacare was about healthier citizens? It isn't. It's about business--the insurance business. But when the Obama team took over, I think Wall Street began to realize their folly. These guys aren't just liberals. They are statists. Can't donate if you can't do business at all because you don't own it. So the money is shifting to Republicans. That should be interesting, because the Tea Party folks are asking Republicans to be responsible Americans too. Who knew?
Paul Singer’s Largess Reflects G.O.P.’s Wall St. Support - NYTimes.com
Friday, September 03, 2010
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