Monday, October 15, 2012

Quote of the day - money in politics

"[M]oney doesn't just talk in politics - it screams."

From "'Munger Sandwich' Squeezes California Governor", Robert Frank, CNBC, 2012-10-15, via Yahoo Finance!

It's about a very wealthy man opposing a tax hike Proposition and is very wealthy half-sister supporting a different tax hike proposition that she claims provides more support to schools.  Both are spending tens of millions of dollars.

The same paragraph that I took the above quote from also includes: "But one family pouring more than $50 million to defeat the governor's proposal will only add to the media chorus that the rich are distorting democracy."