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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsGOP try to tie Dems to Wall Street. The only problem: big banks are helping pay for the ads.
Banks help GOP tie Dems to Wall Street
House Republicans in several tight races want voters to know that Democrats are the party of Wall Street.
The only problem: big banks are helping foot the bill for the ads.
The National Republican Congressional Committees ads in New York and North Carolina blast Democratic candidates for supporting the Wall Street bailout and allowing executives to pocket big-time bonuses, and in one case feature a banker burning money with his lit cigar.
At the same time, the NRCC has taken in a record haul from investment, securities and commercial banks. So far this cycle, the industry has contributed $7.1 million thats up more than $2.7 million since the 2010 election, according to the Center for Responsive Politics.
Goldman Sachs and its employees are the top private-sector giver to the Republican Party committee, contributing $388,450 this cycle. Goldman Sachs declined to comment.
...
The Republican attack ads are targeting North Carolina Democratic Reps. Mike McIntyre and Larry Kissell and New York Democratic Reps. Bill Owens, Chris Gibson and Kathy Hochul.
...
http://www.politico.com/news/stories/1012/81865.html?hp=l3
House Republicans in several tight races want voters to know that Democrats are the party of Wall Street.
The only problem: big banks are helping foot the bill for the ads.
The National Republican Congressional Committees ads in New York and North Carolina blast Democratic candidates for supporting the Wall Street bailout and allowing executives to pocket big-time bonuses, and in one case feature a banker burning money with his lit cigar.
At the same time, the NRCC has taken in a record haul from investment, securities and commercial banks. So far this cycle, the industry has contributed $7.1 million thats up more than $2.7 million since the 2010 election, according to the Center for Responsive Politics.
Goldman Sachs and its employees are the top private-sector giver to the Republican Party committee, contributing $388,450 this cycle. Goldman Sachs declined to comment.
...
The Republican attack ads are targeting North Carolina Democratic Reps. Mike McIntyre and Larry Kissell and New York Democratic Reps. Bill Owens, Chris Gibson and Kathy Hochul.
...
http://www.politico.com/news/stories/1012/81865.html?hp=l3
I know it's politco but it's still kind of funny.
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GOP try to tie Dems to Wall Street. The only problem: big banks are helping pay for the ads. (Original Post)
progressoid
Oct 2012
OP
fleur-de-lisa
(14,624 posts)1. Priceless . . . n/t
MadHound
(34,179 posts)2. Well, considering the history of Wall St investing, er, I mean donation,
It isn't going to be that hard to tie Democrats to Wall St. Then again, it isn't going to be that hard to tie Wall St. to Republicans either. The financial sector donates to both parties pretty equally over time. They are also one of the largest donors going, which means that they buy some of the best access out there.
No wonder the financial sector has been deregulated, bailed out, and catered to in general, they've bought the attention.
progressoid
(49,990 posts)3. I agree.
It's kind of hard to determine which is the pot and which is the kettle at this point.
Either way, the plutocracy wins.