You are going to hear “tax breaks and smaller government" from the local Republican candidates in this election. Maybe even some stuff about gay marriage, abortion and subtle racial innuendo.
The Karl Rove inspired Republican Leadership here in Chester County still talks about the Regan revolution and "trickle down supply side economics".
The original “robber baron” age ended in the previous Great Depression. We now know that trickle down and supply side are just cover for Karl Rove's dream of Republican political power. That Rovian dream of all money and power to the wealthy that mimics the "robber baron" age.
Local Republicans don’t know the “Rovian Express Train” has wrecked and gone over into the ravine. The finance systems of Europe, the United Kingdom, the Americas and most of the world went with it.
Whether it is Sicilian, Russian or Mumbai Indian; organized crime knows a good way of making (stealing) money when it sees it.
Salvatore Pelullo and Nicodemo S. Scarfo and associates were attracted by the new thing called “investment banking” and mortgage derivatives.
FirstPlus Financial Group, on the 1200 block of Bainbridge Street in South Philadelphia and Rutgers Investment Group Llc, 121 N Wayne Ave, Wayne, PA 19087-3542 are owned by associates of Nicky S. Scarfo (his dad Nicodemo "Little Nicky" Scarfo is in prison). Those companies are now at the heart of an USDoJ organized crime, financial-fraud investigation.
The Russian Mafiya was already well involved in investment banking and mortgage derivatives in the EU, UK and USA before Scarfo got started. Ask John McCain’s Russian Oligarch buddy Oleg Deripaska.
Hey, the financial collapse was caused by a few cocaine fueled Wall Street brokers who got a little greedy. It’s just a little blip in the “supply side economic theory” of neoconservatives like Karl Rove. It’s not anything like organized crime
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