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re: conservative conservation of angular dementum...or...the right hand rule of spin

Funny thing about those brave ‘entrepreneurs and free marketers’ who have taken advantage of us

They are mostly democrats.
From NRO by Michael G. Franc, Mr. Smith didn't do this.

At Bear Stearns, 157 investment bankers, managing directors, senior managing directors, and other financial sophisticates contributed over $264,000 to Democratic candidates. In contrast, 77 of their colleagues sent about half that amount — $122,000 — to Republicans.
At JPMorgan Chase, the Democratic advantage, at 3 to 1, was even larger. Contributions to Sens. Obama, Clinton, Dodd, Biden, and Edwards totaled $275,000 from 238 elites in that firm. Republican presidential aspirants had to make do with $93,000 from 83 equally important-sounding people.
The story was much the same at Lehman Brothers. There, the Democratic field swept up over 560,000 pre-bankruptcy dollars from 272 former Lehman employees. Republican candidates received less than half that — $256,000 — from 145.

This Democratic advantage in both total contributions and number of employees contributing also holds at the latest casualties on Wall Street, Goldman Sachs and Morgan Stanley. Goldman employees cut checks to Democratic candidates totaling an astounding $789,000. At Morgan Stanley, the generosity was even greater: $818,000. Goldman Republicans contributed less than a third the amount of their Democratic colleagues; those at Morgan Stanley less than half.
But someone must have spiked the water coolers at Merrill Lynch. Alone among Wall Street’s storied firms, Merrill Lynch’s workforce favored the Republicans ($490,000) over the Democrats ($399,000). I’ll leave it to others to decipher why the ideological leanings of Merrill’s employees stand apart from the rest of the Street.

Employees at now-defunct American International Group also voted overwhelmingly Democratic with their dollars. According to FEC records, 118 AIG executives contributed $104,000 to the Democrats, about three times the $33,000 sent to the Republicans. AIG’s Democratic tilt, moreover, mirrors the Democratic presidential field’s strong performance in the insurance industry as a whole, as a review of contributions from employees of Met Life, New York Life, Prudential, The Hartford, Liberty Mutual, Nationwide, Geico, Allstate, and State Farm reveals.

But someone must have spiked the water coolers at Merrill Lynch. Alone among Wall Street’s storied firms, Merrill Lynch’s workforce favored the Republicans ($490,000) over the Democrats ($399,000). I’ll leave it to others to decipher why the ideological leanings of Merrill’s employees stand apart from the rest of the Street.

Employees at now-defunct American International Group also voted overwhelmingly Democratic with their dollars. According to FEC records, 118 AIG executives contributed $104,000 to the Democrats, about three times the $33,000 sent to the Republicans. AIG’s Democratic tilt, moreover, mirrors the Democratic presidential field’s strong performance in the insurance industry as a whole, as a review of contributions from employees of Met Life, New York Life, Prudential, The Hartford, Liberty Mutual, Nationwide, Geico, Allstate, and State Farm reveals.


Can you see how you are you spinning in circles yet?

As the blame game takes shape, it should be noted that the corporate denizens enmeshed in this mess were far from rabid free-marketers. Rather, the elite members of this corporate culture are overwhelmingly enamored of a distinctly left-of-center approach to markets, the role of government, and risk.


Voting for the democrats would be like voting for the fox to repair the broken down door of the hen house.

Talk about angular dementia.

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