Banks Spend Our Money (Deposits/Investments) To Lobby For More Bailouts Using Our Money (Taxes). Is There Such A Thing As Double Usury?
Yes there is. It's called Wall Street.
But, then society has allowed this behavior to continue without challenge seemingly forever. Financial institutions have undoubtedly spent over a billion dollars lobbying the Federal government over the past few decades. I'm aware of half a billion dollars in two cases alone. Now we find out Bank of America spent $1.2 million to lobby Washington in the second quarter alone. Might we guess what this money was spent on? Could it be an attempt to find favor in policy that might help impact the the incredibly foolish acquisition of Countrywide? If that's not enough the Wall Street Journal reports over the weekend that lobbyists have already pumped $140 million into Washington campaigns in the first half of this year. That would be for both parties for those who somehow believe Republicans are the embodiment of bad government. That's just to buy favor in the political campaigns. The swine are lining up to feed from the trough of gluttony - most assuredly at your expense.
Might now be an appropriate time to ask yourself a question? Who has spent that much money lobbying on your behalf? Who has ever lobbied for your job? Who has ever lobbied for relief from the economic struggles you've dealt with? For a bad economic decision you might have been exposed to or made? Or your family and friends have dealt with? Lobbyists, Wall Street and politicians, maybe more appropriately known as Cerberus the three headed hound from hell, are involved in a sordid dance at your expense. This is another prime example of capital trumping the sovereign - of what is in the best interests of capital being valued more highly than what is in the best interests of this country's citizens.
It's quite telling that these firms believe they can pay their way out of this environment. Government still refuses to enact discipline and reform on the scale needed. Why? Might you guess that $140 million reported by the Journal has something to do with it?
But, then society has allowed this behavior to continue without challenge seemingly forever. Financial institutions have undoubtedly spent over a billion dollars lobbying the Federal government over the past few decades. I'm aware of half a billion dollars in two cases alone. Now we find out Bank of America spent $1.2 million to lobby Washington in the second quarter alone. Might we guess what this money was spent on? Could it be an attempt to find favor in policy that might help impact the the incredibly foolish acquisition of Countrywide? If that's not enough the Wall Street Journal reports over the weekend that lobbyists have already pumped $140 million into Washington campaigns in the first half of this year. That would be for both parties for those who somehow believe Republicans are the embodiment of bad government. That's just to buy favor in the political campaigns. The swine are lining up to feed from the trough of gluttony - most assuredly at your expense.
Might now be an appropriate time to ask yourself a question? Who has spent that much money lobbying on your behalf? Who has ever lobbied for your job? Who has ever lobbied for relief from the economic struggles you've dealt with? For a bad economic decision you might have been exposed to or made? Or your family and friends have dealt with? Lobbyists, Wall Street and politicians, maybe more appropriately known as Cerberus the three headed hound from hell, are involved in a sordid dance at your expense. This is another prime example of capital trumping the sovereign - of what is in the best interests of capital being valued more highly than what is in the best interests of this country's citizens.
It's quite telling that these firms believe they can pay their way out of this environment. Government still refuses to enact discipline and reform on the scale needed. Why? Might you guess that $140 million reported by the Journal has something to do with it?
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