TV News LIES

Monday, Mar 23rd

Last update06:57:59 AM GMT

You are here News Economy TARP recipients paid out $114 million for politicking

TARP recipients paid out $114 million for politicking

E-mail Print PDF

The struggling companies whose freewheeling business practices have contributed to the country's economic woes are getting a lucrative return on at least one of their investments. Beneficiaries of the $700 billion bailout package in the finance and automotive industries have spent a total of $114.2 million on lobbying in the past year and contributions toward the 2008 election, the nonpartisan Center for Responsive Politics has found. The companies' political activities have, in part, yielded them $305.2 billion from the federal government's Troubled Asset Relief Program (TARP), an extraordinary return of 267,208 percent.

More...


Most Recent Related Stories...


Jury finds Musk misled Twitter shareholders during takeover fight

Elon MuskA jury on Friday found that Elon Musk misled Twitter’s shareholders by driving down Twitter’s stock...

Judge orders Trump administration to close out goods without charging emergency tariffs

US Court of International TradeThe federal trade court judge overseeing the refund process for President Trump’s tariffs ordered the administration...

US shed 92,000 jobs, unemployment ticked up to 4.4% in February

BLSThe U.S. economy shed 92,000 jobs in February, the  estimated March 6, falling far short of...

NY governor calls for $13.5B in tariff refunds

Kathy HochulGov. Kathy Hochul (D) is calling on the Trump administration to refund approximately $13.5 billion to...
 
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!