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Wall Street Sets Political Outlay Record


Wall Street Sets Political Outlay Record

Jim Lardner

Wall Street will set still another record for political spending this election cycle.

So far in 2015 and 2016, banks and financial interests have put more than $1.4 billion into efforts to elect and influence holders of national political office, according to Wall Street Money in Washington, a new report by Americans for Financial Reform based on data compiled by the Center for Responsive Politics.

That spending total works out to more than $2.3 million a day!


A decade ago, in referring to the relationship between Wall Street and DC politicians, Illinois Senator Dick Durbin said "they own the place".

Looking at the graph, it has gotten exponentially worse since then.


He who pays the piper calls the tune.

Marx long ago called the government the executive committee of the capitalist class