Saturday, January 22, 2011

GOP Seeing Windfall Of Corporate Money

They say money can't buy you happiness but if you are a GOP member in Congress these days it sure comes close and it is now time to repay the favor.
The new Republican leaders in the House have received millions of dollars in contributions from banks, health insurers and other major business interests, which are pressing for broad reversals of Democratic policies that affect corporations, according to disclosure records and interviews.

Much of that money flowed to the GOP chairmen overseeing banking, energy and other key committees - leaders who will play a central role in setting the House agenda over the next two years.

The impetus behind such largess is simple: Many companies and industry groups hope House Speaker John A. Boehner (Ohio) and other Republicans will succeed in rolling back Democratic policies they find objectionable, including environmental and Wall Street regulations.

I would hope that Boehner sends thank you cards to the Supreme Court justices, their ruling last year giving corporations carte blanche to spend whatever they want on campaigns likely helped put him in power. Now those same corporations are reaping the rewards of that spending in the form of self serving legislation submitted by the grateful recipients of those nice donations.

Tea party rhetoric and misspelled signs aside, it is still business as usual (if dems had control it would be no different) and now even the polar bears are no longer safe...

3 comments:

  1. Yah, Bob...this business as usual is exactly why I became an Independent back in 2005 after leaving the BHSU College Republicans. Yes, I do blog for left-leaning, Democratic "Badlands Blue," but as an Independent. I warned my friends who were on the "Tea Party Bandwagon" that it was just the same old dog and pony show to get their votes for putting the Republicans back in power. I said as soon as they are sworn-in, we would be right back to this all over again. Some people told me that, "Guy, it will be different this time." You know, that statement in politics sounds like the same old phrase an abusive husband tells his wife after hitting her for the hundreth time: "Honey, things will be different this next time...." uhhh huh....

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