Saturday, August 23, 2008

How's This Going to Work?

We've seen that Biden has no problem taking money from lobbyists, and in fact has a son who is a lobbyist, while Obama has made noises about distancing himself from the lobbies. But that's not the only contradiction he'll have to defend or roll over for.

Biden is among the top 10 members of Congress to receive money from lawyers and law firms since the 1990 election cycle and among the top 20 to collect contributions from the real estate industry. His largest contributor over time has been credit card giant MBNA Corp. ($214,100), which, despite being acquired by Bank of America a few years ago, remains atop the list of Biden's major contributors. As an industry, finance and credit companies have contributed nearly $300,000 to Biden in his career, making them his 12th most generous industry. Obama has vowed to target credit card companies as president, setting up a five-star rating system so consumers know the risk involved with various credit cards and establishing a bill of rights so consumers aren't exploited by unfair practices.

  Open Secrets

Yes, and he also said he would hold telecom industries accountable for their role in illegal wiretapping. How’d that turn out?

Considering the contributions, it is not surprising that Biden voted in favor of the bankruptcy bill that stiffed so many “regular folks.”


....but hey, do what you want....you will anyway.


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