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Money = Votes

By: Jack Waymire | May 28, 2009 | The Politicians

You should know by now that?the number one priority of politicians is to win re-election. It is not to represent?your interests or the country’s interest. This self-interest is the primary source of corruption in congress and state legislatures.

Winning requires enormous amounts of money. Wall Street controls? trillions of dollars?including your money. This is a match made in heaven. Financial services lobbyists route hundreds of millions of dollars a year to politicians who influence financial service industry regulations. No wonder regulations favor companies and not investors.

You may not be suprised when you read this and you may feel disempowered, but believe me when I say?Washington and Wall Street corruption is a toxic combination that could cost you the comfortable, secure retirement you have?worked so hard for.

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Investor Watch Dog is a weblog designed to inform investors about hidden risks when they invest assets based on the recommendations of financial planners, financial advisors, money managers, insurance agents, and investment sales representatives. Some of Wall Street's biggest investment risks result from Ponzi Schemes, investment bubbles, conflicts of interest, bad advice in bear markets, lobbyist activities that promote industry interests, bad investment products, and anti-investor business practices. While some of these risks are worthy of front page headlines, millions of investors assets are much more frequently exposed to less newsworthy but exponentially more harmful investment scams, financial fraud, illegal investment products, bad financial advice, bad investment recommendations, misrepresentation, omission, abuse of trust, deceptive sales practices, and breach of fiduciary duties. The role of Investor Watch Dog is to shine a spotlight on legal and illegal business practices that undermine the financial interests of investors, retirees, business owners, professionals, executives, and other types of consumers who rely on Wall Street and its financial professionals for the advice and services they need to achieve their financial goals.