GOP To Wall Street: We're Your Friends

Republicans are explicitly telling Wall Street donors that they'll do less to curb their excesses and less to protect the general public than Democrats.  The WSJ:

In discussions with Wall Street executives, Republicans are striving to make the case that they are banks' best hope of preventing President Barack Obama and congressional Democrats from cracking down on Wall Street.

GOP strategists hope to benefit from the reaction to the White House's populist rhetoric and proposals, which range from sharp critiques of bonuses to a tax on big Wall Street banks, caps on executive pay and curbs on business practices deemed too risky.

Meanwhile, GOP pollster Frank Luntz is helping Republicans tell voters that their work to kill financial regulation language is actually work to kill another "bailout" that the banks want.

It's funny how honesty is good when talking to Wall Street donors, and bad when talking to the general public. Actually, "funny" isn't the right word...

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