September 27, 2009

Obama and Wall Street Fat Cats


Obama's "powwow surely opened up the channels between wealthy Wall Street bigwigs, Dem moneymen and those 'community activisist.'"

"Rewarding donors with invites to cool presidential events is hardly new [. . .] the hypocrisy is striking, coming from an administration that still preens about its postpartisan purity."

U. of Chicago's Luigi Zingales notes "over the last 20 years, then financial industry spent a whopping $2.2 billion in political contributions and another $3.5 billion on lobbying -- more than any other industry."

http://www.nypost.com/p/news/opinion/opedcolumnists/wall_street_friends_vp132NEeLIQQQFPJj1hEQO

O's Wall Street 'friends'
Donors, lefties mob speech
By MEGHAN CLYNE
New York Post
Last Updated: 3:41 AM, September 19, 2009
Posted: 12:28 AM, September 19, 2009

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