Money

[Jackpine Radical]

2. I found this comment interesting:

"Don't know much about Wall Street, but am wondering if the decline in stocks helps progressives when rich donors can't afford to stake "Democrats." It'd be nice if they could share our worries about high prices, threats of cuts to SS, low wages, crummy jobs, un-affordable health care deductibles, etc."

Not sure i agree with it, though. I could maybe see Wall St. responding to lowered stock prices by pouring MORE money into the Blue Dogs in order to get the (lack of) regulations that they want. Even in a bad year, the billions they contribute to political campaigns are minuscule in comparison to their total profits.