Political Discussions
the "Army" of Lobbyists and the society of "Money talk"
Posted by tuanhnguyen • 6/05/09 • Subscribe to this Discussion [RSS] • Report This Topic
Topics: bailout, banks, credit crisis, financial industry, lobbyist
I do not have trust in American Democracy and the government, especially the lobbyist teams.
Here is an article I wrote on the recently victory of banks in lobbying Congress to defeat a bankruptcy proposal.
www.nguyenhtuan.com/2009/06/banks-army-of-lobbists.html
Basically, banks created this crisis at first and now they walk away with billions of bailout money. That means under any situations, banks can still make money from us either through real estate agents, debts, or politicians.
Thus, through lobbying, they can influence for favor laws as well, such as this victory over bankruptcy proposal.
What can we do?
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