Monday, October 31, 2011

Tom Friedman to Wall Street: "Stick to being bulls. Stop being pigs."

Excellent article of Tom Friedman in the New York Times: 
Our Congress today is a forum for legalized bribery. One consumer group using information from calculates that the financial services industry, including real estate, spent $2.3 billion on federal campaign contributions from 1990 to 2010, which was more than the health care, energy, defense, agriculture and transportation industries combined. Why are there 61 members on the House Committee on Financial Services? So many congressmen want to be in a position to sell votes to Wall Street.

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