QUOTE OF THE DAY – AT 11:27 A.M. ET: From Rich Lowry at NRO. Remember the time when Dems were the "common man" party and the GOP was the "business" party? Ah, those were the days. And a movie ticket was seventy-five cents. Now, apparently trying to return to their roots (or cover their tracks), the Dems are bashing Wall Street. Uh, a little late, as Lowry points out:
The Democratic majority was bought and paid for by Wall Street and corporate money. The Masters of the Universe helped give us the Masters of the Beltway, in a synergistic exercise that would have dumbfounded even Lenin. When he famously said capitalists would sell the rope to hang them with, he was at least talking of a commercial transaction — not maxing out to a campaign committee.
Back in 2006, Democrats began a hard sell on Wall Street led by New York senator Chuck Schumer and then-representative Rahm Emanuel, now White House chief of staff. The basic pitch was that Democrats were taking Congress, and the financial world should get on board — surely delivered with all the bare-knuckled subtlety for which those two are justly renowned.
We are all warmongers of Wall Street now.
In the 2008 election cycle, Democrats garnered 73 percent of the political donations of Goldman Sachs, as well as the majority of donations from other financial giants such as UBS and Citigroup. They soaked up most of the hedge-fund money, and won the battle for donations from industries as varied as health care, defense, and law.
This is choice:
“Democrats have an enormous lead in almost every business sector they denounce,” NR’s Kevin D. Williamson noted in January.
COMMENT: What will the result be? Okay, think back again. Remember when the Dems were embracing civil rights, and virtually every committee chairman in Congress was a segregationist Democrat? We may see something as ridiculous as that as the "party of the people" rakes it in from those who regard "the people" as the masses they fly over.
But it's a great opportunity for Republicans to separate themselves from the obese cats, those bigger than the fat cats, and really champion "the people." They did it with health care; they can do it again.
April 25, 2010 |