Friday, February 20, 2009

McCain campaign donates Stanford contributions

Another problem with the investment market has reached Capitol Hill. Both President Obama and Senator McCain took money from this troubled investor. I am not so sure that money given to both candidates should be placed into the hands of charitable causes when there are people who actually spent money with Stanford and now are sure to lose most of their investment. Although, I see the value in giving money to charity, what do you say to investors who are now out of their retirement funds or lack the financial resources to get by. As we have seen with Madoff, there were a lot of impacted people who now are struggling to pay their bills.

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