Friday, September 26, 2008
Republicans know that contrary to popular belief Wall Street contributes millions more to lefty candidates than righty ones. This is one of the alleged reasons for conservative opposition to the Paulson plan, among other things. Sadly for Wall Street, its love of the left is entirely unrequited.
Think of it as protection money... all along the Dems have been saying "nice little investment bank youse guys got here... be a shame if anything happened to it."
As bad as the Dems are for business they could be a whole lot worse. The money shoveled their way is an "investment" in it not getting that way.
Besides, the Republicans already like business - what's the point in trying to buy them off?
Better word for it. Danegeld .