Mad Scientist
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From CNN:
Banks open up their wallets to influence Congress - Aug. 2, 2010
Banks open up their wallets to influence Congress - Aug. 2, 2010
But remember, Obama supports and stands behind the common man. Except for his cabinet which is mostly banking sector types.The financial industry has spent $251 million on lobbying so far this year as lawmakers hammered out new rules of the road for Wall Street, according to the latest lobbying reports compiled by a watchdog group.The financial sector spent more than any other special interest group from April through the end of June -- a whopping $126 million, according to the Center for Responsive Politics' latest estimates. Wall Street banks, as well as insurance and real estate firms, hiked the amount they spent on lobbying by 12% in the second quarter compared to the same period last year.