As I wrote yesterday, while many people find their situation as dire as the banks or car companies, they are being made to wait because they aren't a priority to Capitol Hill. They didn't give politicians money.
As Congress mulls over a bailout for U.S. automakers, some may be thinking about more than jobs and the economy. The auto industry spent nearly $50 million lobbying Congress in the first nine months of this year. And people tied to the auto industry gave another $15 million in campaign contributions, CBS News investigative correspondent Sharyl Attkisson reports.
Take Sen. Carl Levin, who received $438,304 from the automotive industry. And in the House, Rep. Joe Knollenberg received $879,327. Rep. John Dingell got nearly a million from the industry. All have enjoyed generous support from the auto industry over their careers, with GM and Ford as their two top contributors. All support a bailout.
Remember this when politicians tell how they care and feel our pain. BTW - The upside for our elected officials…?
Should these carmakers get our money, politicians will get theirs on the back end. A good deal for them, a raw deal for us.
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