Friday, August 19, 2011

The Business of Politics in America

Funny, the founders of America were worried about voters, but they didn't realize that elections would evolve into business deals. Here's an example of the "new politics" in America where Bank of America tells Republican candidate for president that "we will help you out". This is not just any BofA "employee", this is Bank of America’s director of public policy, James Mahoney:

I'm sure all those millions of holders of BofA mortgages across America would have loved to have a BofA bigwig drop by and tell them "we will help you out". But no. BofA is in the business of using its money to buy what it wants. It isn't interested in trying to fix the fraudulent mortgages it helped set up all across America.

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