All Commentary
Thursday, October 20, 2011

Obama Still Flush With Cash From Financial Sector Despite Frosty Relations

“Obama campaign spokesman Ben LaBolt said in a statement that contributions from the financial sector show that many corporate leaders agree with Obama on the need for ‘an economy that’s built to last, not on loopholes and outsourcing.’

‘There are business leaders across industries who agree with the president that steps needed to be taken to ensure that the American people are never again held hostage by risky Wall Street deals that threaten our entire economy,’ LaBolt said.” (Washington Post)

“Frosty relations”?  They look pretty cozy from here. This is how the political means to wealth works.

FEE Timely Classic

The New Fed” by Sheldon Richman

The Real Meaning of Privilege” by David R. Henderson