No surprise there - Wall Street

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Time to hack their asses - GME needs to be just the beginning. From CNBC:

Wall Street spent over $74 million to back Joe Biden’s run for president, topping Trump’s haul
People in the securities and investment industry will finish the 2020 election cycle contributing over $74 million to back Joe Biden’s candidacy for president, a much larger sum than what President Donald Trump raised from Wall Street, according to new data from the nonpartisan Center for Responsive Politics.

The sum includes contributions that began in 2019 and continued through the first two weeks of October to Biden’s joint fundraising committees and outside super PACs backing his run. Former Goldman Sachs President Harvey Schwartz gave $100,000 this month to the Biden Action Fund, a joint fundraising committee for the campaign, the Democratic National Committee and state parties.

It's their money - they can give it to whomever they want.  There needs to be a lot less pay-for-play.

Dodd-Frank was just the beginning of allowing for this. 2,300 pages of pure pork. (signed into law by Obama in 2010).  It replaced the Glass-Steagall Legislation of 1933 - a svelte 37 pages long. Easy to understand and it served this Nation very well for 77 years until the banksters got greedy.

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This page contains a single entry by DaveH published on January 29, 2021 4:49 PM.

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