Piggies Alert! Lobbying up 40%...

On July 23, 2016, we discontinued our forums. We ask our members to please join us in our new community site, The Hartmann Report. Please note that you will have to register a new account on The Hartmann Report.

1 post / 0 new

As Goldman Sachs has been challenged by SEC charges, financial regulatory reform and renewed scrutiny of it's activities, they've up their spending on lobbying by almost 40% in the second quarter of 2010, spending the as much in the first half of this year as it did in all of 2009. $1.58 million was dealt out to influence Congress and the White House on a host of issues like Wall Street reform, derivatives regulation, bank tax, unemployment benefits extension, small business funding, climate change legislation and transportation funding and more. All this spending on lobbying is not only helping the big banks get the legistation they want, but because lobbist saleries typically start around $ 300,000 a year, it's driving a boom in the Washington D.C. housing market and local economy.

Thom's picture
Thom
Joined:
Jul. 31, 2007 3:01 pm

Cory Booker's Vote Shows Why To Get Money Out Of Politics


On Friday House Republicans joined their Senate colleagues and approved a measure that will allow them to repeal Obamacare using a process known as budget reconciliation. Meanwhile, the pressure is growing on them to come up with some kind of replacement plan.

Unfortunately, they still don't have one.

Powered by Pressflow, an open source content management system