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Politicians Should Swear Off Wall Street Cash

Harold Meyerson says going clean could be deceptively brilliant
By Kevin Spak,  Newser Staff
Posted Oct 12, 2011 12:33 PM CDT

(Newser) – Washington is too dysfunctional to pass any laws in response to Occupy Wall Street, but if Democrats want to stand with the protesters, Harold Meyerson has a modest proposal: Refuse all campaign contributions “from the whole financial sector,” he suggests in the Washington Post. “Sign a pledge to go off the sauce." It would be a little like Grover Norquist’s no-tax pledge, only “lawmakers wouldn’t be asking voters to trust them once the election is over."

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Meyerson admits that forswearing by far the largest source of campaign contributions “appears at first glance—second, too—to be a sucker’s game, a form of unilateral disarmament." Perhaps Occupy Wall Street enthusiasts could chip in small donations to make up for some of that, and “the no-bank-money pledge could well be a winning political message." And once Wall Street couldn't buy its latest political whim, we'd also have "distinctly better public policy." (Read more Harold Meyerson stories.)

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