End of an Error: The twilight of conservative rule.

[Project Grudge]

"It's been striking, then, to see corporations express such disgust in recent weeks with the GOP right. After two-thirds of House Republicans voted against the bailout, conservative economics writer James Pethokoukis of U.S. News & World Report noted, 'I've heard from plenty of those folks, professional money managers and such, who are furious that the bailout/rescue plan went down to defeat yesterday and claim to be washing their hands of the GOP, at least for this election cycle. (But maybe longer.)'"

"But corporations may be starting to realize that low taxes and low regulation may not define their long-term self-interest. 'I've never seen anything like this," one investment banker told The Washington Post. "You've got two big investment banks saying, 'Please regulate me.' What do you call it when a conservative gets mugged by rampant laissez-faire? Maybe, just maybe, the end of the era of conservative rule."

http://www.tnr.com/politics/story.html?id=ee519051-33b9-4f93-98f9-05c0e33ab41e

.....

We know where the Republicans get their fund raising (and it's not from the poor who are duped to vote against their interest. They get it from the corporations. If these corporations no longer choose (or cannot afford ) to donate, then their money dries up. If the money goes, so does the party.