"Vanity and pride are different things, though the words are often used synonymously. A person may be proud without being vain. Pride relates more to our opinion of ourselves, vanity to what we would have others think of us."

Wednesday, April 21, 2010

A model of bipartisanship.


let me scream out-loud!

John Paulson, the hedge-fund manager at the center of the Goldman fraud case, is a model of bipartisanship. Not too long ago, he organized a fundraiser for the Republican National Committee. Then he organized one for Sen. Chuck Schumer, the Democrat who's probably most involved in planning and funding the party's senatorial races. "John Paulson supports a variety of candidates in both political parties," explained a spokesman.

But to paraphrase "The Incredibles," saying you support everyone is the same as saying you support no one. This is where our campaign finance system gets so undeniably corrupt: Paulson doesn't simultaneously believe in Chuck Schumer and the RNC. There'd have to be something wrong with you to be an enthusiastic partisan of the Fantastic Four and Dr. Doom (I'm not saying who is who in this analogy) simultaneously.

Rather, Paulson is doing something he's pretty familiar with: hedging. And the investment he's hedging isn't his political support for these actors. It's his access to them. It just wouldn't do for one party to win and freeze him out.

these 2 batard makes more American go jobless and homeless at the same time.

It's bad enough that our campaign finance system makes the rich more important constituents than, well, everyone else. But that's actually the least of its problems. More infuriating is that they system is used qualitatively differently by the rich than by the poor. It would be one thing if the situation was simply that the rich had more money to donate to the candidates that ignited their passion.

But in reality, the motivations of a child-care worker who sends $100 to Barack Obama or Ron Paul and a hedge fund manager who holds fundraisers for both the RNC and Chuck Schumer could not be more different. One is supporting a candidate. The other is investing in access to candidates.Drink, Drunk Drama!

We have, in essence, a two-tiered campaign finance system. And the politicians who benefit from it are no more eager to explain who helped structure their thinking than Goldman Sachs is to explain who helped structure its CDOs.


please click the image for wider view

Graph credit: Wall Street Journal.

My verdict says :
He would be prosecuted not less than 18 month +- in prison and release without Parol and enjoy his remaining life in Golf coast with the money he took from all the poor people! such a batard!

1 comment:

Nik_TheGreek said...

Thanks for that information. I'd love to read more about it at some point. I've known the names you mention, but don't know much about them in depth