[lbo-talk] biz abandons GOP for Dems

[Robert Wrubel]

I just did some numbers: if each of the 25 financial
firms collected campaign contributions from 50 top
execs, that would be about $5400 per person, making
the cost of Congress literally less than household
help.

BobW
--- Doug Henwood <dhenwood at panix.com> wrote:


> 
> On Oct 17, 2007, at 8:38 AM, Robert Wrubel wrote:
> 
> > "In the first nine months of 2003, the top 25
> > financial services political action committees
> donated
> > $6.8 million to members of Congress. Of that, 38
> > percent went to Democrats and 62 percent to
> > Republicans."
> >
> > I'm always impressed at how little it costs, in
> > relation to the benefits, to buy Congress.
> 
> Isn't it amazing? Even a presidential campaign would
> be a fraction of  
> the Goldman Sachs bonus pool. Talk about leverage -
> a few scores of  
> millions and you can control the U.S. gov!
> 
> Doug
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