Saturday, October 18, 2008

The Conservative Double Standard
Lopez/Financial Industry Edition

Katherine Jean Lopez is incredulous about this:

Sen. Schumer's fund-raising involvement with investors looking over the bank underscores how Democrats' entanglements with the financial industry will make it hard for them to score political points over the market upheavals in the remaining weeks of the election…. when Democrats took control of Congress after the 2006 midterm elections, the securities and investment industry also gave just over half its contributions to Democrats — more than $36 million.

So let's review:

1. She thinks it's a major criticism that the securities and investment industry gave "just over half" of its contributions to Dems.

2. She seems to suggest that it'll be a lot easier for the GOP to stand up to these people (what with them getting just under half of their contributions and all).

3. She either ignores or is ignorant of the fact that it is SOP for corporate contributors to give more money to the party they think will win. (They give more to the predicted winners so they'll be seen as friendly and worthy of favors, but they give some to the other side too so that that side can't afford to oppose them. Slimy, but effective.)

But, of course, for all values of x, x is OKIYAR, but not, of course, if you're a Democrat.

The Corner is a sad and pathetic place these days.


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