START A PETITION 25,136,189 members: the world's largest community for good
START A PETITION
x

Report:Funds for Favors II: The Industry Strikes Back


Business  (tags: abuse, americans, candidates, congress, corruption, ethics, elections, dishonesty, government, usa, propaganda, lies, media, news, corporate, corruption, business, cover-up, money, investments, investing, marketing, law, politics, society, oil, usa, disho )

JL
- 192 days ago - citizensforethics.org
During the 2012 election cycle, industries examined by CREW donated almost $8.3 million to the chairmen and ranking members of committees that oversee them, up almost 24% from the 2010 cycle.



Select names from your address book   |   Help
   

We hate spam. We do not sell or share the email addresses you provide.

Comments

JL A. (272)
Friday January 17, 2014, 1:17 pm
From CREW:
Ever get the feeling that the public good is taking a back seat to special interests?

spacerCREW has, and we have the proof to show that is exactly what happens. We dug deep into the financial reports of chairmen and ranking members on House committees and found they’re growing increasingly dependent on campaign cash from the industries they are tasked with overseeing.

We exposed this glaring conflict of interest in our latest report, Funds for Favors II: The Industry Strikes Back, a study of the cozy relationship between industries and the committees that are supposed to regulate them.

Click here to read the report.

During the 2012 election cycle, industries examined by CREW donated almost $8.3 million to the chairmen and ranking members of committees that oversee them, up almost 24% from the 2010 cycle.

Some of the numbers are staggering. Rep. Fred Upton (R-MI), chairman of the powerful Energy and Commerce Committee, relied on the industries he oversees for nearly half of his campaign cash in 2012.

Meanwhile, contributions from the financial services industry to Rep. Maxine Waters (D-CA) exploded by 245% between the 2010 and 2012 elections, just before the congresswoman assumed her party’s top slot on the Financial Services Committee.

It goes to show that in Washington, cash doesn’t follow any party line, it follows power — and while control of Congress may switch from party to party, big business is never out of favor.

By currying influence with those in power, industries ensure the deck is always stacked in their favor. That’s wrong, and we’ll continue to expose the practice wherever we find it.

Thank you for standing with us while we do.

Melanie Sloan
 

Barbara K. (87)
Friday January 17, 2014, 3:20 pm
Thanks, my friend, looks about right to me. I hope we can find a way to get the corruption out of our government.
 

Shirley S. (172)
Friday January 17, 2014, 5:12 pm
It is PURE GRAFT !!
 

Bill and Katie Dresbach (79)
Friday January 17, 2014, 6:27 pm
YUP! Thank you, JLA
 

Sherri G. (111)
Friday January 17, 2014, 9:46 pm
We have to work harder and scream louder. Noted TY JL
 

Theodore Shayne (56)
Saturday January 18, 2014, 2:32 pm
Noted
 

SuSanne P. (181)
Saturday January 18, 2014, 8:43 pm
TY dearly. I agree we have to work harder and scream louder. In solidarity WE STAND in SOLIDARITY. The corruption is like the plague...everywhere!
 
Or, log in with your
Facebook account:
Please add your comment: (plain text only please. Allowable HTML: <a>)

Track Comments: Notify me with a personal message when other people comment on this story


Loading Noted By...Please Wait

 

 
Content and comments expressed here are the opinions of Care2 users and not necessarily that of Care2.com or its affiliates.