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Political Threads This section is for Political Threads - Enter at your own risk. If you say you don't want to see what someone posts - don't read it :hihi:

 
 
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Old 08-11-2020, 09:02 AM   #1
detbuch
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Join Date: Feb 2009
Posts: 7,725
Quote:
Originally Posted by Pete F. View Post
When I was in my twenties I could call the bank they’d put the money in my account and I would stop later and sign.
That bank has since been bought four times at least.
Very few local banks anymore and nothing done without an application and on and on.
Of course there’s very few locally owned businesses also
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Here's your huckleberry: https://www.cato.org/policy-report/j...big-government
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Old 08-11-2020, 09:07 AM   #2
Pete F.
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Join Date: Jun 2003
Location: vt
Posts: 13,429
Quote:
Originally Posted by detbuch View Post
You're correct, now let's follow the money

In the 2014 campaign cycle, people and political action committees associated with commercial banks gave more than $28.2 million to federal candidates, committees, parties and outside money groups that support them. Besides trade groups such as the American Bankers Association, the industry includes financial institutions such as Quicken Loans, Bank of America, Wells Fargo and JPMorgan Chase.

In the early 1990s, the industry split its support between Democrats and Republicans, but since then has heavily favored Republicans, with the exception of the 2008 election cycle. In recent years, the lean has become even more pronounced. In 2014, 72 percent of the industry's donations to candidates and parties, or more than $19 million, went to Republicans.

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