This article in the Washington Post points to a central dilemma for Democrats in coming election cycles. Democrats are having trouble raising money.
“The vast majority of those declines were accounted for by the absence of large donors who, strategists say, have shut their checkbooks in part because Democrats have heightened their attacks on the conduct of major financial firms and set their sights on rewriting the laws that regulate their behavior.”
Without question as Democrats seek tighter regulations on insurance companies and Wall St., some of that money they contributed to Democrats in 2008 will dry up.
Democrats are faced with a choice. They can stop complaining about corrupt business practices and allow the big business protection racket to continue unabated, while angering voters who have had enough of the these abuses; or they can try to promote real change in the U.S. by doing what is right—reigning in the insurance companies and Wall St.
The first option leads to bad policies and pissed off voters; the second option means they will have to be creative about raising money.
Let’s be creative. It is time to start talking about “patriot dollars” again.
