Robert Reich lays out the facts, how Democrats just love that Wall Street jism too. Obviously, since it's all over their face for all to see and they don't care. Citigroup drafted a bill which ended up word-for-word in 70 lines out of 85. A bill which continues to denude what little financial reform has previously passed, and allows the same type of derivative trading that caused the recent crises. And quite a few Democrats voted for it. He lists all the Democrats that were either in Citigroup before or after serving in Congress or the Administration.
This is a sick, sick government which Reich thinks is ripe for a third party, since most of the Dems are in on the corruption. That third party already exists in the form of the Congressional Progressive Caucus, and it is from them that we must continue to build a party that represents the people and not the money. Just see their 2013 budget proposal, which includes the following:
• Eliminates the tax code’s preferential treatment of capital gains and dividends
• Abolishes corporate welfare for oil, gas, and coal companies
• Eliminates loopholes that allow businesses to dodge their true tax liability
• Creates a publicly funded federal election system that gets corporate money out of politics for good
This is not Wall Street fellatio folks.
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