The Reuters headline read "McCain seen as best choice for economy" when it could've just as easily referred to Obama considering the headline was directly reflecting the opinion of Wall Street insiders. A couple of paragraphs into the article they reveal why this is true: "Wall Street is backing McCain's Democratic rival, Barack Obama with cold, hard cash."
So which is it? Which candidate commands the support of Wall Street insiders? Which candidate is "seen as [the] best choice for the economy"?
Why, both, of course.
It doesn't really matter to Wall Street insiders which candidate wins the election, because no matter which way it goes; they will win. Both candidates are unable--regardless of how hard they may try--to completely escape the influences of big business, regardless of what each might keep saying to the contrary. Sure, they vary in a few ways. Their percentages of this and that might differ sometimes, too. What matters to big business, though, is that both candidates are identical where it matters: They're both dedicated to big government, and that means that when big business pulls the strings; McCain or Obama will begin to dance.
As Michael Cloud once said: "The problem isn't the abuse of power; it's the power to abuse."
The federal government is too big, too intrusive, too expensive, and too far outside its constitutional bounds. Big business will seek to ensure that its henchmen are in control so long as this remains true. By doing so they ensure that the gravy train will continue to make its scheduled stops wherever (and whenever) they want; and that no meddlesome reformers can slow, stop, or reverse the financial emasculation of America and its citizenry.
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June 14, 2008
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