Thursday, May 27, 2010
Politics: Big Money, Big Business
Let's follow the money, shall we. Here's one example. The chart below shows how much the health industry spent lobbying politicians, according to http://www.opensecrets.org/, which tracks contributions to, and spending by, political candidates.
So how much money did Barry get in his run for the presidency in 2008 from the health industry? How's $19.5 million sound? McClain received only $7 million or so. Guess they were hedging their bets. So now the health industry will get another 35 million customers, because they will now be forced, under the threat of fines and prison, to buy insurance.
And the banks amd financial sector gave Obama nearly $40 million 2008. He talks a tough game in public, but what's going on behind closed doors? And how's that financial reform going? I've heard it's another boondoggle that will hurt the small guy on main street. There's probably some good things in it, but you got to know with more than 1,000 pages, there's gonna be some weird stuff.
And it not just Obama and the democrats. Republicans also receive hundreds of millions. Over the last 20 years, the split has been about 45/55, dems/repubs.
Time to get this kind of money out of politics. Support organizations that are trying to reform this, both liberal and conservative. This is a concern of all Americans, not just one party.
Here's a few to get started with:
If you have any good sources, let me know and I'll update the list.