Saturday, July 19, 2008

Follow the money. Who is buying your congressman? Bill Moyers reports - "the financial services and real estate industries...stuffed nearly $250 million dollars into the candidate coffers." "Fannie Mae and Freddie Mac together are responsible for about half the country's $12 trillion mortgage debt. [They] have spent nearly $200 million on campaign contributions and lobbying." "the oil and gas industries have donated more than $18 million to federal candidates this year They've spent more than $26 million lobbying this year" Why did the telecom companies get off the hook for illegal wiretapping? "telecom companies have given Republicans in the House and Senate $63 million dollars and Democrats $49 million"

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