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Did campaign contributions and lobbying by the financial sector contribute to the meltdown on Wall Street?

Results so far:

Yes
72% 129 votes Total: 178 votes
No
28% 49 votes

the real world a campaign contribution is a nice name for a bribe. Just like lobbying is a nice name for influence peddling. Lobbyist get heard not when they represent thousands of people in a special interest group but when they show up with a large check from that group. Bribes and influence peddling get things done. Especially when your planning on doing something illegal. Even the latest good guy Obama is not above this. The same bundler (guy who collects the loot) who has pointed a finger on Illinois Governor Blajovich and also claims he did the dirty deed for Obama. Funny how federal investigators have found lots of evidence against the Governor who was clearly on the take but have been stymied by a Senator now President who received funds from many of the same sources.

In any case the fix is in and nothing short of a miracle will change the means by which politicians find the funds to run for election or re-election. If history teaches us anything its that Rome operated under the same system of graft and corruption. Our republic is not immune to the same pitfalls and will rot from the inside out as a result. They had 'bread and circuses' to keep the common folk from realizing what was going on until it was too late and the rich packed up and moved east to Byzantium. We have 'American Idol and fast-food' to keep us occupied, my only question is where will the rich flee when it all collapses?

Learn more about this author, T. M. Beeker.
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Below are the top articles rated and ranked by Helium members on:

Did campaign contributions and lobbying by the financial sector contribute to the meltdown on Wall Street?

Yes
  • 1 of 13

    by T. M. Beeker

    ENRON was proof positive of this situation. The depth of corruption and blatant manipulation of the market should have resulted

    read more

  • 2 of 13

    by Jeremy Horne

    Why should one be surprised about this assertion?

    People do not understand context.. Think of your little boxes of "campaign

    read more

No
  • 1 of 7

    by Lisa Bells

    It seems that Wall Street has become the focus of the world, for its financial crisis and then the bailout program. We witnessed

    read more

  • 2 of 7

    by Rayne Britt

    I don't believe lobbyists are the reason for this particular problem. I have seen a lot of good ideas and insights into

    read more

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