[lbo-talk] Ann Coulter writes...

Doug Henwood dhenwood at panix.com
Thu Jul 31 09:06:20 PDT 2008


Is Wall Street Liberal?

Dear Fellow Conservative,

Do you know which special interest has given more money to the Obama and Clinton campaigns than any other?

If you guessed "trial lawyers" -- well, okay, that's too easy. But can you guess which special interest came in second?

Labor unions? Nope. The Green Lobby? Nope. AARP? Wrong, again. NEA? Nyet.

Give up? Okay, here's the answer: Wall Street.

That's right. According to CNNMoney.com, Wall Street securities and investment firms have given over $35 million to Democratic candidates this election cycle. And the amount they've given to the Clinton and Obama campaigns is nearly five times the amount they've given to McCain.

If you've been wondering why the financial industry has been in meltdown -- and taking your 401(k) or investment portfolio down with it -- now you know.

Let's face it: The former frat boys who populate Wall Street today understand economics about as well as the pinko professors whose courses they snored through.

That's why betting their entire industry on "subprime" loans to people with no jobs and no collateral made sense to them -- and why betting the entire U.S. economy on the likes of Hillary and Obama makes sense to them now.

These jokers don't even know what's in their own self-interest, much less yours. Trusting them with your money is like trusting Bill Clinton to babysit your underage niece.

But I know someone you can trust to manage your investments -- or rather, to help you do it yourself, without paying a nickel in commissions to some Wall Street frat boy.

His name is...

Sincerely,

Ann Coulter



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