Now this comes as a surprise to us all. I never, ever, never would have guessed that Wall Street might receive a $940 Billion windfall of state sponsored handouts (a real "Halliburton" if you will) under the Bush plan for reforming Social Security. It's not as though Bush has dished out the dosh to other friendly financial supporters such as the pharmaceutical industry or defense or even oil contractors, right?
Just like Forbes used to have a blanket answer for all questions (Answer: Flat tax) Bush now has his blanket answer to all questions: corporate welfare. Considering the great job that Wall Street did with the crash, I wouldn't trust the bastards with one cent of my money. If the choice is between a government bureaucrat and the likes of Quattrone and Grasso, I'll take my chances with the bureaucrat.
Financial and insurance industry officials have donated $20.7 million to Republicans this campaign season, compared with $11.4 million they have given Democrats, according to the nonpartisan Political Moneyline.com.
