Thursday, August 23, 2012

Meet the Washington Sugar Daddies Who Keep Wall St. Flush with Cash | Alternet

Meet the Washington Sugar Daddies Who Keep Wall St. Flush with Cash | Alternet
"How much is democracy worth to you?
If you’re like most people, it’s priceless. But for the hedge funds and insurance companies on Wall Street, it does have a price tag. And now, thanks to a new report by Global Exchange, we know the number on it: approximately $4.2 billion. That’s how much the Finance, Insurance, and Real Estate (F.I.R.E.) sector has invested in political influence through campaign contributions and lobbying since 2006. That comes to $1,331 a minute spent on political power."