Monday, October 11, 2010

Money Talks.




Words.

"The 2010 election is turning into a class war. The wealthy and the powerful started it.

This is a strange development. President Obama, after all, has been working overtime to save capitalism. Wall Street is doing just fine, and the rich are getting richer again. The financial reform bill passed by Congress was moderate, not radical.

Nonetheless, corporations and affluent individuals are pouring tens of millions of dollars into attack ads aimed almost exclusively at Democrats. One of the biggest political players, the U.S. Chamber of Commerce, accepts money from foreign sources.

The chamber piously insists that none of the cash from abroad is going into its ad campaigns. But without full disclosure, there's no way of knowing if that's true or simply an accounting trick. And the chamber is just one of many groups engaged in an election-year spending spree..."


  • THE WASHINGTON POST: Shadowy players in a new class war
  • No comments: