The top bailout negotiators (congressmen and senators) were paid almost 20 million dollars by the finance, insurance, and real estate firms during the last two decades to look the other way while Wall Street did their greedy stuff. Now these same senators and congressmen are trying to protect Wall Street and wrote a bailout proposal that stiffs it to the taxpayers. That’s you and me. At the same time, they fixed nothing on Wall Street.
Here are the totals:
Senator Chris Dodd, chairman of the Senate Banking Committee (Dem, CT): received $13,205,556
Congressman Barney Frank, Chairman, House Financial Services (Dem, MA): received $2,494,611
Congressman Roy Blunt: House Minority Whip, MO) received $2,000,000
Senator Judd Gregg, Senate Banking Committee, NH : received $1,000,000
That’s right, these dudes got almost $20 million over the last two decades to protect Wall Street with your money. No wonder there are no CEO pay limits, golden parachutes are protected, and executives can party with your taxpayer money instead of being locked up in a jail. House members say their calls coming in were 50-1 against any bailout deal. Yet they voted for the bailout along with a lot of pork.
For more information, see the Lou Dobbs report at:
http://tabacco.blog-city.com/top_bailout_negotiators_took_millions_from_lobbyists__lou.htm
Barney Frank and Ray Blunt are up for election in November. Tell them good-bye. History will not be kind to them.
Want to see how your senator or congressperson voted on the bailout? Go to:
http://www.votesmart.org/official_five_categories.php?dist=voting_category.php
Again, I see someone here for my state that I’m saying good-bye to, and history will not be kind to them.
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