TV News LIES

Sunday, Apr 26th

Last update03:08:15 AM GMT

You are here News Congress Senate Banking Chair Calls Jamie Dimon to Testify: But JP Morgan Chase is His Biggest Contributor!

Senate Banking Chair Calls Jamie Dimon to Testify: But JP Morgan Chase is His Biggest Contributor!

E-mail Print PDF

Timothy Peter It’s good that the watchdog is barking, but we’d all better watch closely to see if it will bite. Here’s what Politico didn’t tell you. Political Money Line’s tabulations of PAC contributions show that securities and financial firms have given more money to Johnson than any other sector in the last three election cycles. In the current cycle, for example, almost two thirds of his $361, 582 in PAC money comes from such firms. In 2008, when he collected over $2 million in PAC contributions, the swag from that quarter amounted to over half a million dollars – and neither figure takes account of numerous individual contributions. Johnson calls his leadership PAC “South Dakota First,” but, not surprisingly, contributions to his campaign committee from New York and other states often run far ahead of receipts from his own state.

Alas, it gets worse. Here’s the real punch line. Which firm is Johnson’s single largest contributor? You guessed it: The Center for Responsive Politics’ count shows that in both the current election cycle and the cycles between 2005-2010, it is JP Morgan Chase.

More...


Most Recent Related Stories...


Aide to Mississippi Sen. Cochran arrested on drug charge

CochranAn aide to Republican Sen. Thad Cochran of Mississippi has been charged with possession with intent...

Senate confirms Lynch for attorney general

Lynch is confirmed as AGFive months after her nomination, Loretta Lynch was confirmed, 56-43, by the U.S. Senate to serve...

Bill Shuster muscled through transportation bill pushed by lobbyist girlfriend

Bill shusterLast year, Rep. Bill Shuster approached fellow Republican Rep. Tom Graves with a request. The powerful...

Patriot Act extension bill introduced by Sen. McConnell

Patriot extension billSenate Majority Leader Mitch McConnell, R-Ky., introduced a bill Tuesday to extend the controversial Patriot Act...
 
America's # 1 Enemy
Tee Shirt
& Help Support TvNewsLIES.org!
TVNL Tee Shirt
 
TVNL TOTE BAG
Conserve our Planet
& Help Support TvNewsLIES.org!
 
Get your 9/11 & Media
Deception Dollars
& Help Support TvNewsLIES.org!
 
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!