As the rush to commend ourselves to the sea continues…

Top Bailout Recipients Spent $71 Million On Lobbying In Year Since Bailout

Yeah… and who do you think they’re focused on screwing?

“Much of the lobbying money spent by bailout recipients has been devoted to influencing legislation that has direct impact on taxpayers. Among the eight recipients who spent more than $3 million lobbying since the bailout, the most common specific items of interests included the Credit Card Holders’ Bill of Rights Act, the Credit Card Fair Fee Act of 2009, Credit CARD Act of 2009, the Helping Families Save Their Homes Act, and the Mortgage Reform and Anti-Predatory Lending Act.

Specifically, bailed-out institution have fought efforts to give bankruptcy judges the power to renegotiate mortgages. They have worked against legislation that would lower the fees merchants are charged when their customers use credit cards. They have also worked against legislation that would put more restrictions on how they spend taxpayer funds.“

It’s okay friends. Be nice little sheep and let them get away with this - again and again…