Tuesday, October 18, 2011

Rage at Wall Street rises as its cash rains on candidates

Rage at Wall Street rises as its cash rains on candidates:

Anti-Wall Street protests are growing in number across the country and around the globe, but their political impact remains unclear and will likely depend upon their staying power.

At a minimum, the protests have become a channel for public anger over rising economic inequality and Washington's ineffectiveness.

"They are a pretty good thermometer for the level of discontent in the country," said John Green, director of the Ray C. Bliss Institute of Applied Politics at the University of Akron. "But the connection between Republicans and Wall Street and the banks will surely be an election issue next year."

Romney used to run Bain Capital, a private-equity firm that bought and sold businesses. Wall Street's largesse might say as much about its comfort level with the possibility of having a former financial-industry colleague in the Oval Office as it does about the sluggish economy and concerns over Obama's policies.

(Excerpt) Read more at twincities.com ...

No comments:

Post a Comment

The 'Reader Responses; shown on many posts/articles are almost always worthwhile reading.

Often, the comments by readers enhance the posted article greatly, and are informative and interesting.

Hopefully, all will remember to read the reader comments, and post their own as well.