Many representatives from both the democrat and republican parties are calling for members of the opposing party to return money that Goldman Sachs made to their respective campaigns. Ironically members of both parties receive many (and sometimes most) of their contributions from Wall Street firms. Although it can be rather depressing to think about the conflict of interest we are faced with when politicians are trying to regulate Wall Street, I did find a couple of representatives that are giving the money back and I would like to show my appreciation to them by giving them a special mention. Maybe one day companies will not make large monetary contributions to members of a political party so we can avoid having politicians in office that owe something to their beneficiaries. It would be difficult to make and enforce such a law, I think the politician himself or herself would need to implement and it would show that they held themselves to a higher standard of integrity. As voters we can help ourselves by demanding this higher standard from our politicians. It would certainly be a step in the right direction.
Democrat Blanche Lincoln and GOP senate hopefull Mark Kirk both returned the money Goldman Sachs had made to their campaigns:
http://www.publicbroadcasting.net/kuar/news.newsmain/article/1/0/1642667/Arkansas.Headlines/Lincoln.gives.Goldman.Sachs.donations.to.charity
http://news.yahoo.com/s/afp/20100419/pl_afp/useconomyfinancereformpoliticskirk_20100419214623
Article on contributions made to both parties:
http://www.miamiherald.com/2010/04/25/1597170/what-do-both-parties-have-in-common.html
Saturday, May 1, 2010
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