Comments on: Financial News Update – 07/14/09 http://noisyroom.net/blog/2009/07/14/financial-news-update-071409/ There are two ways to conquer and enslave a nation. One is by the sword, the other is by debt. John Adams Sun, 21 Mar 2010 00:07:35 -0700 http://wordpress.org/?v=2.9.1 hourly 1 By: Jack Lohman http://noisyroom.net/blog/2009/07/14/financial-news-update-071409/comment-page-1/#comment-5767 Jack Lohman Wed, 15 Jul 2009 14:07:26 +0000 http://noisyroom.net/blog/?p=1502#comment-5767 Of course increasing taxes on the rich is foolish, but it was necessary to protect and keep the insurance industry in the loop. They gave $46 million in campaign contributions and obviously had more clout than the rich folks. That's what you get when politicians are allowed to take private money to run for public office. It's called corruption. Only public funding of campaigns would have made the decision come out in the best interest of the public. Jack Lohman http://MoneyedPoliticians.net Of course increasing taxes on the rich is foolish, but it was necessary to protect and keep the insurance industry in the loop. They gave $46 million in campaign contributions and obviously had more clout than the rich folks. That’s what you get when politicians are allowed to take private money to run for public office. It’s called corruption. Only public funding of campaigns would have made the decision come out in the best interest of the public.

Jack Lohman
http://MoneyedPoliticians.net

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