In the age of the Supreme Court’s Citizens United decision freeing billionaires to buy U.S. elections many politicians know who owns their allegiance in office, but that financial obeisance grows even more when they leave government, as BillMoyers.com’s Michael Winship describes.
Tag: Eric Cantor
How DC Insiders Help Wall Street
For years, the Washington-to-Wall-Street axis has sent campaign donations south to influence the shaping of financial legislation but the pipeline also has flowed the other way, shipping “actionable” insider information north to help stock traders, a scam examined by Michael…
GOP Sees ‘Mob’ in Wall St. Protests
The Republican complaint that any talk about raising taxes on the rich is “class warfare” has now refocused on the protests against Wall Street greed as an example of “mob” rule, instigated by President Barack Obama. But Danny Schechter finds the…