Step 1: pour millions into GOP front organizations, generate fake anger (deficits, gays, healthcare – it doesn’t matter), get ‘em nuts elected:
New Republicans in the House received millions of dollars in contributions from banks, health insurers and other major business interests that “are pressing for broad reversals of Democratic policies affecting corporations, according to disclosure records and interviews.
Step 2: Educate ‘em. Bank lobbyists host freshman re-education camp:
One hundred and ten bankers and state association executives from 33 states Wednesday will participate in the ABA Freshman Fly-In in Washington, D.C. The fly-in is part of an effort to lay the foundation for solid and lasting personal relationships with the 94 new members of Congress, and educate them about key banking issues.
“Lasting personal relationships” start with free checking accounts at your local community bank – I guess that’s what they call relationship banking. Hey, see fast it works?
“It’s very, very frustrating to me that we somehow embraced the federal government setting our prices in this country,” Representative Randy Neugebauer, the Texas Republican who leads the investigations subcommittee on the panel, said of the Fed proposal.
You’ve come a long way, Mr. baby-killer yeller.
Washington, indeed, is ready to serve the banks, Mr. Bachus. First preview of the Bachus’ wallstreetocracy is on 2/17. Get your moneybags ready.
