Money grubbing

If you ever wanted a great example of the mind shattering stupidity and the open corruption within our political system, yesterday was a good day for you. Over the past few years financial giants and banks have been giving copious amounts of money to Democrats. Why? Because Democrats were in power and most of the places the financial sector of our country is headquartered in is represented by two Democratic Senators and a bunch of Democrat House members. But, sensing a change in their political fortunes, Republicans saw an opportunity to make their own case that they were the true party of the banks and financial services sector and that all that filthy lucre should be getting dumped into their coffers. And they decided that this case should be made publicly, in the pages of the Wall Street Journal.

Last week, House Minority Leader John Boehner of Ohio made a pitch to Democratic contributor James Dimon, the chairman and chief executive of J.P. Morgan, over drinks at a Capitol Hill restaurant, according to people familiar with the matter.

Mr. Boehner told Mr. Dimon congressional Republicans had stood up to Mr. Obama's efforts to curb pay and impose new regulations. The Republican leader also said he was disappointed many on Wall Street continue to donate their money to Democrats, according to the people familiar with the matter.
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"I sense a lot of dissatisfaction and a lot of buyer's remorse on Wall Street," said Rep. Eric Cantor (R., Va.), the second-ranking House Republican and a top Wall Street fund-raiser for his party.

Great news for Democrats, right? I mean the top two ranking members of the House GOP openly begging bailed out companies for donations by pointing out how helpful their party had been to killing reforms... just before they were about to start another round of efforts to kill the big financial reform package that will come up? I mean how could an opposing party take that kind of obvious misstep and not have it cheaply exploited by flagging Democrats in order to whip up poulist rage, support for their reform package, and to remind people just what kind of government the GOP likes to run?

You forgot I was talking about the Democratic party, right?

Waxman, chairman of the Energy and Commerce Committee, said he could think of two specific examples offhand of why Wall Street is better off with Democrats: the bailout and the stimulus.
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Sen. Frank Lautenberg (D-N.J.) also said that his party deserves the support of the industry based across the river from his home state. Wall Street, he said, shouldn't run from Democrats because of some heated rhetoric, but rather should look at the bigger picture.

Of course Democrats would rush out to say that Boehner is wrong, that Democrats are still the party of the massively unpopular group of companies that wrecked the economy. Well done. At least Barney Frank had the foresight to realize that Cantor and Boehner had made a mistake, but he seemed to be the only one, with most Democrats either rushing to defend their credentials as money whoring lickspittles for the industry or noting how they didn't want to make a political issue out of a massive political blunder.

So rest easy, our elected betters are out there engaged in a pitched and heated battle... to see who is a more worthy servant of the financial sector and deserving of their golden blessings. Isn't it a great country we have?