Tuesday, October 26, 2010

CORPORATE CON ARTISTS

The corporations who do not want any financial regulations are pouring BILLIONS of dollars into next week's elections. These corporations do not have to disclose who they are. These corporations want to be able to continue to do "business as usual" like the Bush Administration let them do.

Of course, business as usual was extremely detrimental to the middle class. Remember Madoff, who never even bothered to purchase stock for his stock market mutual fund, but just ran a giant Ponzi scam? Remember that several people asked the SEC to investigate Madoff? Remember that that Bush's SEC did not even bother to check into Madoff?

It is not enough to make thousands or millions on paper. That money has to be real, and available for your retirement.

The only way I know of to stop these corporate con artists* is to make and enforce regulations against such financial frauds. The only politicians willing to do this are the Democrats.

So again, we are all going to have to send a little bit of money to the Democratic candidates so that they are not overwhelmed by the last minute ads from the corporate con artists.

*If you want to prove you are not a corporate con artist, you can disclose to whom you gave political donations, just like ordinary people have to do. By hiding, you make us think you are doing something you are ashamed of. People who are proud of what they do, put their name on what they did.

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