Oct 17, 2008
Two hundred and fifty-eight parties have been thrown for members of the U.S. House Financial Services Committee so far in 2008. Many of them were hosted by lobbyists for the finance, insurance, and real estate industries, the very corporate giants that were bailed out in the recent rush to pour money into these industries without offering a penny of relief to homeowners and others strapped by usurious debt.
This report comes from The Sunlight Foundation, “co-founded in 2006 ... with the non-partisan mission of using the revolutionary power of the Internet to make information about Congress and the federal government more meaningfully accessible to citizens.”
Their press release, Financial Sector Fetes Lawmakers Making Bailout Decisions, says it collects hard-to-find information regarding these events—which slip under the radar of campaign finance laws—from sources whose anonymity is protected. From football games to beer-tasting events, the list goes on and on.
Sunlight’s web site rewards time spent plumbing its depths. We especially enjoyed the Earmarks Visualization page, showing in graphic detail how much each state benefited from those nasty giveaways. Guess which one enjoyed the highest per capita earmarks in 2005, more than three times the amount enjoyed by the state in second place? You got it. Alaska!
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