have a tight grip on this one:
Wall Street has showered nearly $11 million on the Senate since the beginning of the year, and more than 15 percent of it has gone to a single senator: Democrat Chuck Schumer of New York.
Schumer’s $1.65 million take from the financial services industry is nearly twice that of any other senator's — and more than five times what the industry gave to any single Republican senator.
While the industry has scaled back its political spending in the wake of last year’s economic collapse, data from the Center for Responsive Politics show that it’s still investing heavily in the Senate, where it’s likely to have its best shot at stopping — or at least shaping — the crackdown on Wall Street that President Barack Obama has proposed.
And it’s clearly looking to Democrats to do it.
I've been a registered Democrat since I was 18, but let's not kid ourselves. While we were looking the other way, all obsessed about fluffy social things, we were getting the proverbial rug (iow, our country) pulled out from under our feet.
It's a wonderful strategy, really. Forget ideology. Never gamble. Always bet on whoever is in office.
This may be a total nonsequitur, but seeing Schumer's name reminded me of a joke that my friends who work in the Senate tell:
Q: Where is the most dangerous place to be on Capitol Hill?
A: Between Chuck Schumer and a tv camera.
Posted by: teahouseblossom | October 18, 2009 at 01:52 AM