Pay very close attention to what our candidates propose as a solution to the current economic crisis. Someone will be left holding the bag - most likely taxpayers. A bigger issue is preventing this from happening again (at least for a long while) and that means we need investigation, prosecution, legislation, and regulation.
Be sure that the major players know this. And they are pouring cash into the Democratic presidential campaigns. Anybody think they are doing this purely based on their core progressive values?
Wall Street drives White House campaign cash flow
WASHINGTON (Reuters) - Eight of the 10 largest donors so far to the U.S. presidential campaigns are Wall Street banks, led by Goldman Sachs, according to research on Thursday from a political watchdog group.
Goldman and its executives have pumped $1.7 million into the races, with 70 percent going to Democrats Barack Obama and Hillary Clinton, despite former CEO Henry Paulson's present job as treasury secretary for the Republican Bush administration.
The Center for Responsive Politics said that securities and investment firms altogether have donated about $33 million to presidential campaign coffers, more than any other sector of corporate America, except lawyers, the center said.
It isn't like they need to donate to the Republicans. McCain has been in their pocket for ages. Seen his calls for less regulation on the news?
Obama, a senator from Illinois, has taken in $6.7 million from securities and investment firms, with New York Sen. Clinton not far behind at $6.6 million, the center said in a report.
Going once, going twice...sold out?