Tuesday, March 17, 2015

Democracy for sale: Corporations spend $1.00 on Politicians and get back $7.50. Good Deal

http://www.zerohedge.com/news/2015-03-16/words-greatest-investment-every-dollar-spent-influencing-us-politics-corporations-ge

But nothing could prepare us for this.
According to the foundation's analysis, between 2007 and 2012, 200 of America’s most politically active corporations spent a combined $5.8 billion (with a B) on federal lobbying and campaign contributions. What they gave pales compared to what those same corporations got: $4.4 trillion (with a T) in federal business and support.
Putting that in context, the $4.4 trillion total represents two-thirds of the $6.5 trillion that individual taxpayers paid into the federal treasury. Said otherwise, by "spending: a paltry $6 billion to bribe the US government, or just a little more than what GM will spend on stock buybacks alone, US corporations are getting the direct benefit of two-thirds of US taxpayers' labor!
And here is the visual representation of this stunning finding: for every dollar spent on influencing politics, the nation’s
most politically active corporations received $760 from the government.

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