And here… we… go…
And here… we… go… again
Banks make a financial statement… I wonder… just how much FREE SPEECH they can buy.
What is more, the industry is remembering its friends on Capitol Hill — [shelling out cash to lawmakers] who have consistently voted their way. The commercial banking industry donated $21.7 million in 2010. Now they’re racking em up again…
That kind of money buys a lot of influence from… the people who say money doesn’t influence them…
Several veteran financial services lobbyists held a fundraiser in January for Richard Mourdock, the TEA PARTY FAVORITE. The event was hosted by Talbott of the Financial Services Roundtable, Lisa Nelson of Visa, Peter Blocklin of the American Bankers Association and Vincent Randazzo of PNC.
The banking industry has always been a major player in political spending, but its increasingly aggressive tactics are a sign that some in the industry want to pack more of a punch on Capitol Hill, particularly with the sweeping overhaul to the financial system still under way and with big legislative reforms on the horizon.
Good thing they’re patriots… you know… looking out for the best interests of the country and all that.
- Banks make a financial statement (politico.com)
- Banks boost Dick Lugar rival (politico.com)
- Auction 2012: How The Bank Lobby Owns Washington (huffingtonpost.com)
- Head of British Bankers’ Association to Step Down (dealbook.nytimes.com)
- The Best Congress the Banks’ Money Can Buy (the2012scenario.com)
- One More Reason to Hate Your Bank (thedailybeast.com)