There is a solution: if all those running for office had a cap on the monies they could spend in each election, then all would be playing on a level field and the politicians would be forced to speak with their mouths rather than their pocketbooks. What a fantasy!! It will never happen because politicians are not known for voting against their personal interests and for the interests of the country as a whole. They love their bonuses as much Wall Street loves its bonuses. They are bonuses, right?
Washington and Wall Street don't make strange bedfellows; they are in bed together!
Goldman Sachs Goes Republican
Pro-GOP Tide in Donations Follows Financial Reform Seen as Anti-Wall Street
If you needed a reminder that Wall Street and Washington make the strangest of bedfellows, new research shows that Goldman Sachs donated more money to Republicans than Democrats for the first time in decades. The latest data from the Washington D.C.-based Center for Responsive Politics shows that Goldman has doled out roughly $914,000 to Republican candidates compared to about $776,000 to Democrats in this year's election cycle.
"I think that Wall Street and other large donors have become not too much unlike the electorate at large – sort of willing to change," said Jennifer Duffy, senior editor of the Cook Political Report, one of the nation's leading non-partisan political handicappers.
The shift is all the more striking considering that in a 20-year period covering 11 election cycles, Goldman donated nearly $21 million to Democrats, almost double the $12 million it gave Republicans, according to data released by the Center for Responsive Poltics last week.
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