Wednesday, March 28, 2012

Thom Hartmann: It might not be too long before our economy gets screwed by Wall Street, again

Thom plus logo
The corporate corruption of our government is most glaring when it comes to regulating Wall Street. According to a new report released today by Public Citizen - lawmakers who oppose the Volcker Rule, which says banks can't gamble with your checking account money, receive on average four times more in campaign contributions from Wall Street than those lawmakers who support the Volcker Rule.
In total - Members of Congress opposing the Volcker Rule have collected more than $66 million since 2010 from the banksters - which works out to about $388,000 per Member. While most Americans are horrified by this blatant buy-off of our Congress - Wall Street considers it a worthwhile investment and the Supreme Court says it's legal.
-Thom
(What do you think can be done about it? Tell us here.)

No comments: