Down Is Up 0
Dick Polman analyzes the Republican Wall Street spin cycle:
Which brings us to the current efforts on Capitol Hill – led by Democrats, with a few participating Republicans – to crack down on Wall Street abuses. Earlier this year, when Republican leaders realized that they would have to serve their Wall Street friends by opposing reform, without somehow appearing to side with Wall Street against the little guy, Luntz went to work on the thorny problem. He came up with a solution. He suggested some talking points that made it sound as if the Republicans, by opposing reform, were actually sticking up for the little guy – and that the Democrats, by pushing reform, were sticking up for Wall Street and screwing the little guy.
