Who owns Congress?
May 1, 2009 | alternatives, federal legislation, industry | Comments (0)Salon: Thursday April 30, 2009 05:35 EDTTop Senate Democrat: bankers “own” the U.S. Congress
Sen. Dick Durbin, on a local Chicago radio station this week, blurted out an obvious truth about Congress that, despite being blindingly obvious, is rarely spoken: “And the banks — hard to believe in a time when we’re facing a banking crisis that many of the banks created — are still the most powerful lobby on Capitol Hill. And they frankly own the place.” The blunt acknowledgment that the same banks that caused the financial crisis “own” the U.S. Congress — according to one of that institution’s most powerful members — demonstrates just how extreme this institutional corruption is.
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