Making Government Operations More Open

Top 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

http://www.salon.com/opinion/greenwald/2009/04/30/ownership/

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Comments

  1. Comment
    rejean

    Naw ,,this is BS.Buuuuuuuuuuuush is to blame .

  2. Comment
    apugh96

    It happened way before the last generations of Bushes. It started with the creation of The Federal Reserve in 1915.