tag:blogger.com,1999:blog-10162381.post1973797907128758963..comments2023-10-29T10:41:21.303-04:00Comments on Castro's Favorite Color: The Cash Committee: How Wall Street Wins On The HillHowardhttp://www.blogger.com/profile/14914637175040341245noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-10162381.post-14591792006187364442010-01-04T13:18:14.316-05:002010-01-04T13:18:14.316-05:00First - Until campaigns are no longer financed by ...First - Until campaigns are no longer financed by large contributions from powerful and moneyed interests, the powerful and moneyed interests will always get what they want from government.<br /><br />Argue all you want about the fine points of campaign finance and congressional committess, nothing will change until big donations (say > $100) are taken out of politics.<br /><br />Second - The bankers and other financial executives committed crimes (fraud) and until they are appropriately prosecuted and given sentences befitting of the largest financial crime in history, they and their decendents will simply continue the same, or similar, shady and illegal practices again, knowing that they do so, not only with impunity, but with the tacit approval and support (think bailouts without strings and the open window at the Federal Reserve) of the Federal Government. <br /><br />Argue all you want about the fine points of securities law, but until hundreds of people go to jail for these crimes (think S&L crisis), nothing will change, and we will end up paying for their theft and arrogant speculations yet again.<br /><br />Where is the change Obama promised?<br /><br />Oh right I forgot, Wall Street was an early and big supporter of then Senator Barack Obama in his long shot bid for the Presidency. It appears he pays off his debts.<br /><br />TTAnonymousnoreply@blogger.com