>>But this year Chase’s political action committee is sending the Democrats a pointed message. While it has contributed to some individual Democrats and state organizations, it has rebuffed solicitations from the national Democratic House and Senate campaign committees. Instead, it gave $30,000 to their Republican counterparts.<<
Wow. Like wow. Thirty-thousand dollars! That is a CLEAR message. I would bet the committee chairman spent more on catfood last year (but then again that does show just how much the Republicans are worth). If you can't read the NYT for laughs, well what the f- is it good for? Doesn't it remind you, though, of an investor who bets 60% that a commodity will go up by so much in a given time frame, but then bets 40% that it won't (on borrowed money of course)? Now getting to the real nugget (one some of us already knew but no one is going to listen to us, even though we are legion): >>Though Wall Street has long been a major source of Democratic campaign money (alongside Hollywood and Silicon Valley), Mr. Obama built unusually direct ties to his contributors there. He is the first president since Richard M. Nixon whose campaign relied solely on private donations, not public financing.<< And with Rahmbo as the bagman, that means a lot of money. Later in the campaign of course it was also a lot of individual contributions from people who earlier had done this for Dean. Dean's only mistake: he let it out too soon that he wanted a national system of health care and that the US military would have to draw down. Still he stuck around and despite all that criticism from the Emanuels, Bidens, Kerrys etc., he engineered the Democrats back into the White House. Unfortunately, Obama never embraced Dean's relatively moderate reform proposals. But because he was mixed race most of the Democratic grass roots types overlooked that in hopes that he would be pulled left. And he was great for getting out the black vote for the Democrats. On the other hand, there is something to be said for letting it out early just what issues you are standing on. Once you lock yourself in with secret promises to the vested interests in the 'status quo', you usually have no where to turn when you have to make a decision that goes against those interests. That is the case for Barrage Obushwa now. Having sat on the fence and seen both sides to both sides, he has to lead and can't. Even his best speeches are behind him. I can't wait for Gen. McCrushnuts to get back to DC and tell us how it went in Helmand though. CJ _______________________________________________ Marxism-Thaxis mailing list Marxism-Thaxis@lists.econ.utah.edu To change your options or unsubscribe go to: http://lists.econ.utah.edu/mailman/listinfo/marxism-thaxis
