Wall Street Donated $41 Million to Supercommittee Members

[babsbunny]

http://www.truth-out.org/wall-street-donated-41-million-supercommittee-members/1317066056

Monday 26 September 2011
by: Mike Ludwig, Truthout | Report


Wall Street has given $41 million in campaign contributions to the members of the Congressional "supercommittee" charged with finding $1.5 trillion worth of deficit reduction measures, according to a report released today by two watchdog groups.

The finance, insurance and real estate sector spent $3.7 billion on lobbying and campaign contributions from 1999 to 2008, according to the report, and the 12 members of the bipartisan Joint Select Committee on Deficit Reduction have all reaped the benefits.

[Autumn]

1. How sweet.

wonder where they will find the deficit reduction measures, I bet it will be real easy to guess on that one.

[Inuca]

2. Misleading in Kerry's care

It includes the period when he was running fort president, so obviously he got lots of donations, from Wall St. and elsewhere.

[City Lights]

3. Very touching.

I'm all choked up...

[ixion]

4. kleptocracy on the march

:grr:

[closeupready]

5. This really serves to discredit any suggestions which the Supercommittee sets forth, IMO.

nt

[sabrina 1]

6. They should have to give it all back before they embark on

what now can be viewed as NOT the people's business. Shameful, and this is the main message of Occupywallstreet, to get the money that is poisoning the political process out of our government.

All such money should be called what it is from now on, bribery.

[The Velveteen Ocelot]

7. Quelle surprise.

[KansDem]

8. Wow!!! And the Dems want me to send them $50 next week!

That's a whopping 0.0001 percent! That'll do the trick! :woohoo:

[blm]

9. EXTREMELY misleading presentation by Ludwig. He makes Dems sound worse and more corrupt by making

AMOUNT of money as the reason to blame. Kerry was a presidential candidate which adds millions from ALL sectors into his cumulative account. That Kyl is so close to a Dem who also ran for president should be alarming especially since HE carries the water for the fascist elite. Kerry doesn't.