From my post “And The Band Played On”
“Cash accepted by ANY special interest group by ANY politician is a under the table IOU. And based on the simple fact that the Obama camp led the most expensive presidential campaign in American history, he is going to owe a lot of people.
All Obama is doing is rearranging the furniture. Unfortunately between his top campaign contributors and the recycled Clinton people he picked for his cabinet, it appears the guests are simply waiting for the furniture to stop moving to find their seat.”
Check this out.
Big Three Spending Millions On Lobbying
by Sharyl Attkisson
cbsnews.com(CBS) As Congress mulls over a bailout for U.S. automakers, some may be thinking about more than jobs and the economy.
The auto industry spent nearly $50 million lobbying Congress in the first nine months of this year.
And people tied to the auto industry gave another $15 million in campaign contributions, CBS News investigative correspondent Sharyl Attkisson reports.
It’s not surprising that a lot of that money went to members of Congress from Michigan, where the auto industry is the biggest employer and politicians are passionate advocates for their constituents.
Take Sen. Carl Levin, who received $438,304 from the automotive industry. And in the House, Rep. Joe Knollenberg received $879,327. Rep. John Dingell got nearly a million from the industry. All have enjoyed generous support from the auto industry over their careers, with GM and Ford as their two top contributors. All support a bailout. (more…)
Mark my words, there will be some sort of bailout. They may call it something else, but it will be a bail out nonetheless. All we are witnessing now is the constant hopping of the big three as they get adjusted to their new seating arrangements.
When the bailout does happen, somehow this will be bundled with the 2.5 million jobs that will supposedly be saved or created.
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