How We Pay Wall Street to Screw Us

Our taxes, paid into the public treasury, have gone to bail out Wall Street. And what do bankers  do with the taxpayers’s money? They turn around and lobby for more. It’s called the “never give a sucker an even break” strategy. These statistics, prepared by Public Citizen, speak for themselves:

  • Amount financial industry has spent on lobbying this year: $251 million
  • Amount Citigroup spent on lobbying during the first half of 2010: $3 million
  • Amount Goldman Sachs spent on lobbying in the first half of 2010: $2.7 million
  • Amount Bank of America spent on lobbying in the first half of 2010: $2.1 million

 

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