Wednesday, February 24, 2010

Follow the money

The Washington Post reports that banks and investment firms are shifting their political donations toward the Republicans.
The wealthy securities and investment industry, for example, went from giving 2 to 1 to Democrats at the start of 2009 to providing almost half of its donations to Republicans by the end of the year, according to new data compiled for The Washington Post by the Center for Responsive Politics.
Commercial banks and their employees also returned to their traditional tilt in favor of the GOP after a brief dalliance with Democrats, giving nearly twice as much to Republicans during the last three months of 2009, the data show.

The lessons:
1. Isn't it nice to have the internet to help analyze this data?
2. The electoral momentum is going Republicans' way
3. Money to politicians doesn't mean you get your way. They just won't stay bought.

No comments: