There Are Just Two Words Politicians Have to Say to Cast Suspicion on Their Rivals


In the sixties it was “communist.” Recently it has been “socialist.” But now, the words aspiring politicians should fear the most? “Wall Street.” Whether you spent years developing financial products at Goldman Sachs or once dated someone who worked in the mail room at Bear Stearns, it matters not. Any affiliation — no matter how remote — with the grasping, greedy, slithy-toved creatures perceived to have caused the financial crisis presents a golden opportunity to rivals who will use them to suggest your interests are likely more closely aligned with Satan than with any human constituency.

That’s what Pat Toomey, the Republican candidate for senator in Pennsylvania who worked in finance over twenty years ago, has found during his campaign.

Toomey, the Republican Senate nominee in Pennsylvania, was an investment adviser at Chemical Bank from 1984 to 1986, then spent four years at Morgan, Grenfell & Co., a British investment bank.

Jeez. At this point, we bet the busboys at Haru don’t even want to tell people where they work.

Candidates Go After Their Rivals’ Ties to Wall Street [WSJ]