Nick BernabeForget the penny stocks, amateurs, the greatest investment you can make in America is bribing the government to give you political favors.
According to research conducted by The Sunshine Foundation, an organization focused on corporate and government accountability,
After examining million records, including data on campaign contributions, lobbying expenditures, federal budget allocations and spending, we found that, on average, for every dollar spent on influencing politics, the nation’s most politically active corporations received $760 from the government. The $4.4 trillion total represents two-thirds of the $6.5 trillion that individual taxpayers paid into the federal treasury.According to Zero Hedge, between 2007 and 2012, 200 of America’s most politically active corporations spent a combined $5.8 billion (with a B) on federal lobbying and campaign contributions. What they gave pales compared to what those same corporations got: $4.4 trillion (with a T) in federal business and support.
Said otherwise, by “spending” a paltry $6 billion to bribe the US government, US corporations are getting the direct benefit of two-thirds of US taxpayers’ labor!
Click here to read the entire report from The Sunshine Foundation.
Remember, “Sunshine Week” goes from March 15-21 and is a time to advance the idea of transparency in government. President Obama must have missed the memo, as he just removed the White House from the constraints of the Freedom Of Information Act, as we noted earlier today.
Nick Bernabe writes for TheAntiMedia.org, where this article first appeared. Tune in to the Anti-Media radio show Monday through Friday @ 11pm Eastern/8pm Pacific. Infographic credit: Sunshine Foundation. Image credit: AntiMedia CC. Help us fix our typos: edits@theantimedia.org.
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