Think Progress: According to a New York Times analysis of campaign donation data, 2012 GOP frontrunner Mitt Romney has raised more than five times as much money from the employees of major Wall Street firms as President Obama.In 2008 that money was with Obama and the Democrats. And it remained with them right up until they did the right thing and tried to re-regulate Wall Street. Wall Street didn't like that one bit and immediately switched to the GOP. In return all but three Republicans voted against increasing regulations designed to prevent another meltdown/looting of the financial system.
This graph represents the relative change in Wall Street contributions by party as financial reform was pushed through congress. It shows two things. One, that special interests try to buy both parties. And two, it's the GOP that delivers the best return on that investment.
No comments:
Post a Comment