Democrats Sell Out on Fund Manager Tax Loophole.

Harry Reid has assured the brokerage people that their commissions will continue to be treated as capital gains, reality be damned.

Reid is apparently arguing that he cannot get it past the Republicans, but making the 'Phants vote for a ludicrous tax break for people percieved as hyper-rich cheats is a winning political strategy.

Stupid.

One wonders when how long it's going to take until the voting public demands real reform from the Democrats.

My, guess is that it will be a while, as nary a week passes without some Republicans getting caught soliciting sex, taking bribes, molesting children, etc.