Tuesday, April 26, 2011

Eat the rich!


They're switching sides from Dems to GOP.

2 comments:

PBM said...

http://www.tnr.com/blog/jonathan-chait/87394/wall-streets-political-turn

I like that the right-wing talking heads called Obama and Dems Wall St.'s lapdogs in 2010 by discussing the 2008 numbers. Gotta love that deception.

Patrick_L said...

and as the article makes clear, the trend can be attributed to a handful of actors- including at least one regular Republican funder who was merely increasing his funding of the Party. The article actually shows that donations from hedge fund managers and employees to Democrats increased between the 2006 to 2010 cycles (the non-Presidential year races). What has been happening is an explosion of Republican funding in 08 and 10. The article provides no analysis of whether that trend is attributable to a) party shifts or b) massive increases in funding by well-established and preexisting conservative hedge fund managers and employees.