Forum Post: AN OUTRAGE...Please read this article...
Posted 13 years ago on Oct. 14, 2011, 2:57 p.m. EST by USAManufacturer
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I just read this today and it makes me absolutely sick. Congress is immune from insider trading rules. They outperform the general population by 14%!!
READ this article
This isn't even a contribution!?!? It's a glaring loophole applicable only to politicians and their staffers?!?! That's insane! Who's going to legislate against this? They certainly won't! They operate under a different set of rules than you and I. It's just plain unfair.
Cleaning up this atrocity should be a simple demand from OWS. Politicians should NEVER EVER be allowed to benefit from their responsibility to govern.
It's an outrage...please help me bring this to light. It keeps getting buried in the press!!!
<GASP> You mean Government and the Banks are in collusion? Say it isn't so. This is why I stopped voting on a federal level years ago. There is no point to it.
I can tell you who the major $$$ contributors to State and Federal politics are in the U.S. Do you want to know how? It's easy. Just log-in to the website www.followthemoney.org. Click on any level of Government you wish to track in the chart. For example, here are the major $$$ contributors to the New York state political process:
TABLE 3: Top 20 Contributors (Contributor Total % of Total Sector)
PALADINO, CARL P $7,818,524 3.97% Candidate Contributions
COFFEY, JOHN P $5,155,223 2.62% Candidate Contributions
DEMOCRATIC SENATE CAMPAIGN CMTE OF NEW YORK $5,109,841 2.59% Party
WILSON, HARRY J $3,958,200 2.01% Candidate Contributions
SENATE REPUBLICAN CAMPAIGN CMTE OF NEW YORK $2,649,450 1.34% Party
FRIENDS OF KATHLEEN RICE $2,641,527 1.34% Candidate Contributions
NEW YORK STATE UNITED TEACHERS $1,888,259 0.96% Labor
ANDREW CUOMO 2010 INC $1,707,280 0.87% Candidate Contributions
NEW YORK STATE TRIAL LAWYERS $1,479,964 0.75% Lawyers & Lobbyists
1199 SEIU UNITED HEALTHCARE WORKERS EAST $1,244,450 0.63% Labor
FRIENDS OF SCHNEIDERMAN $959,313 0.49% Candidate Contributions
NEW YORK STATE CORRECTIONAL OFFICERS $955,373 0.48% Labor
HEALTH CARE ASSOCIATION OF NEW YORK STATE $947,115 0.48% Health
CUOMO DUFFY 2010 $897,000 0.46% Candidate Contributions
DEMOCRATIC ASSEMBLY CAMPAIGN CMTE OF NEW YORK $890,243 0.45% Party
NEW YORKERS FOR KLEIN $862,618 0.44% Candidate Contributions
GREATER NEW YORK HOSPITAL ASSOCIATION $783,670 0.40% Health
RENT STABILIZATION ASSOCIATION $749,950 0.38% Finance, Insurance & Real Estate
REAL ESTATE BOARD OF NEW YORK $749,124 0.38% Finance, Insurance & Real Estate
CABLEVISION SYSTEMS CORP $730,257 0.37% Communications & Electronics
TABLE 4: Top 15 Industries (Top Industries Total)
Candidate Self-finance $22,919,406
Candidate Committees $15,037,393
Party Committees $13,676,403
Real Estate $13,524,261
Lawyers & Lobbyists $10,909,633
Public Sector Unions $9,568,836
Securities & Investment $8,061,753
General Trade Unions $7,811,443
Insurance $3,339,834
Health Professionals $3,162,600
Hospitals & Nursing Homes $2,869,361
Beer, Wine & Liquor $2,556,129
General Contractors $2,211,550
Telecom Services & Equipment $1,923,930
TV & Movie Production/Distribution $1,337,143
This isn't even a contribution!?!? It's a glaring loophole applicable only to politicians and their staffers?!?! That's insane! Who's going to legislate against this? They certainly won't! They operate under a different set of rules than you and I. It's just plain unfair.
Yes. Look at it. Just look at it. Closely. $Billions spent on influencing Politicians. All the while, Millions of people in the U.S. are living below poverty standard.