I noticed today news reports from Bloomberg that the year 2017 is shaping up to be or likely was the most profitable year in Wall Street history. So what is Congress's reaction to that? What happens in the majority leader's office? More special interest legislation, more breaks for Wall Street, more tax cuts. So this Congress--this Congress has decided that Wall Street never quite has enough; that the richest people in this country are never rich enough; that the most powerful people in this country are not powerful enough. So what happens down the hall in the majority leader's office? What happens way down the hall in the Speaker's office, although voters this year decided this year to eject him and his staff and his cohorts and his fellow travelers--if I can use a phrase like that--from that office and elect a whole different group of people. What they have done is meet behind closed doors to help the oil companies, the drug companies, the gun lobby, and help especially Wall Street. In fact, not only are there all kinds of Wall Street lobbyists day in and day out--tobacco lobbyists, gun lobbyists, and others, but the White House itself looks like a retreat for Wall Street executives. We know that. That is why, I guess, Wall Street had such a great year in 2017. ____________________
On the recordDecember 19, 2018
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