The single best investment — in terms of greatest return on invested dollars — has been the lobbying efforts of the major banks and finance firms.
They spent $114.2 million dollars in contributions toward the 2008 election, according to the the nonpartisan Center for Responsive Politics. The companies that have been awarded taxpayers’ money from Congress’s bailout bill spent $77 million on lobbying and $37 million on federal campaign contributions, the Center finds.
These firms political activities have yielded them $295.2 billion from Recapitalization, TARP and other assorted bailouts.
The return on investment: 258,449 percent.
TARP Recipients Paid Out $114 Million for Politicking Last Year
Open Secret.Org February 4, 2009 9:52 AM
Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.