CNBC's Sue Herera says that "Hollywood has a megaphone like no other." But Wall Street is, well, Wall Street: the embodiment of big bucks. Which will prove a bigger force in picking the next American president in 2008? John Harwood and Financial Times' Ben White weigh in.
Harwood, CNBC's chief Washington correspondent, quoted a Center for Responsive Politics study which said that the Street's figures contribute three times as much money as Tinseltown to political campaigns. White, the FT's Wall Street correspondent, agreed, declaring on "Power Lunch" that the financial community had coughed up some $30 million for the 2006 midterm congressional elections, versus Hollywood's $10 million.