Cause or coincidence? Politicians who supported bailout got more money from banking interest groups
updated
Politicians who supported the proposed Wall Street bailout package may have had a some financial incentive to do so — they received much more money from banks and securities than those who voted against the package, according to nonprofit website MapLight.org. From perception alone, this is rather disconcerting, since it’s banks and securities, as an industry, who might have been saved by the deal. The old adage “follow the money” is as true as ever,… Continue Reading
MapLight — shedding light on politicians and their special interests
Maplight.org, is a Berkeley, Calif.’ company that opens the kimono on politicians, their financial ties with interest groups, and how they vote on bills in U.S Congress or state senate.
The site creates an extraordinary transparency not seen anywhere else. For example, it shows in great detail that several large corporations donated money to Rep. Kevin Brady around the time of his vote of a free-trade agreement with Oman. On the day before the vote, someone… Continue Reading