Another declaration from the inner halls of the kleptocracy, this one from Democratic Sen. Kent Conrad (D-ND). He represents North Dakota not Wall Street - and yet is threatening to vote against the stimulus bill because it doesn't give away more money to Wall Street. I shit you not:
CONRAD: [T]here are other areas of the package that are really very questionable in terms of whether they'd stimulate the economy...[There's] very little done to help the financial sector.
Look, it's one thing to oppose the stimulus because it doesn't include enough spending on infrastructure. That at least makes some rational sense (though, as flawed as the stimulus is, I think in its current shape, it's very much worth passing). But it's a whole new level of kleptocracy to go on national television and say you oppose it because it doesn't give enough money to Wall Street.
Apparently, $8 trillion to Wall Street banks from the Fed and the TARP isn't enough for Conrad. Apparently, he'll only be satisfied if a bill to help people get health care and unemployment benefits is loaded down with even more money for financial industry executives.
Two of the four biggest campaign donors to Conrad are the insurance and securities industries. I guess he's a good investment. But I wonder what Conrad's small-town North Dakota constituents think about him using their senate seat to demand more money for fat cats in Manhattan?
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