In the rush to "Bail Out" Wallstreet with $700 billion in taxpayer money and the resulting anger and outrage directed toward Congress by the American public is it any wonder that our politicians have made so much effort in their mad scramble to persuade us that they're "really" doing this to save "Main Street" ?
And if Wallstreet Ceo's are going to have their compensation limited why can't ALL of our politicians "give back" to the American taxpayer all of the lobbying money they took from Wallstreet?
Let's start by calling lobbying money to seek and garner political influence by what it really is - a system of legalized Bribery !
Wall Street Money - where it went in 2008
Barack Obama
Goldman Sachs $ 748,880
JPMorgan Chase $ 493,469
Citigroup $ 467,849
UBS $ 423,045
Lehman Bros. $ 393,324
Morgan Stanley $ 341,320
* Obama collected $28,000,000 from Wallstreet from 2003 to 2008
Speaker Nancy Pelosi
fin lobbying 2007 -2008 $ 468,232
Senate Majority Leader Harry Reid
fin lobbying 2007-2008 $ 1,409,992
Banking Chairman Christopher Dodd
2008 fin lobbying total $ 2,972,572
Citigroup $ 314,694
SAC Capital Partners $ 282,000
Royal Bank of Scotland $ 229,950
AIG $224,678
Bear Stearns $ 205,600
St Paul Travelers $ 205,400
Goldman Sachs $ 175,600
Morgan Stanley $ 155,000
Credit Suisse $ 154,550
Merill Lynch $ 135,950
Lehman Bros. $ 133,800
JPMorgan Chase $ 129,650
KPMG $ 113,100
Hartford Fin Svcs $ 110,450
UBS $108,500
Deloitte Touche Tohmatsu $ 108,000
The Hartford $ 94,350
Bank of America $ 91,300
Financial Svcs Chairman Barney Frank
fin lobbying (top 20 contributors) $ 239,000
(data above from US Gov't via www.opensecrets.org/politicians/memsearch.php )
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