3% of lobbying total is huge

Doug Henwood dhenwood at panix.com
Mon Dec 21 11:56:24 PST 1998

Greg Nowell wrote:

>With all the capitalist interests in a 5 trillion
>dollar economy, for one subset to reach 3% of lobbying
>contributions is huge.

Really? Did you look at all the other interests on the CRP page? Just look at all the money financial interests have spent over the rewrite of Glass-Steagall. In my more cynical moments I suspect that Congress hasn't passed a comprehensive rewrite of G-S because the threat of doing so was a great way to shake the money tree.


More information about the lbo-talk mailing list