Lobbyists and special interests buy our government
Written by Timothy Blake on December 20, 2007 under Analysis, Archives, Investors, Lenders, Statistics
Tags: Analysis, Archives, government, Investors, Lenders, mortgage, mortgage crisis, recession, SEC, Statistics
The mortgage crisis of 2007 worsens and threatens to tip the economy into a recession. Many are asking where was Washington? Washington was in the same place as always, the question regarding what they were doing, and why, are the issues at the heart of the matter. Of greater interest to me are political contributions and lobbying expenses in the years leading up to this point.
With help from OpenSecrets.org we compiled the data and wrote an extensive article. We show the breakdown by contributors, and who they gave their money to. If there is a moral to this story, it is money talks. Big money gets heard and things change. It would be nice if there was a coalition of real people. I know we have the right to vote, but big businesses are courting our politicians and buying influence every day of the year.
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