Saturday, May 02, 2009

The Bankers 'Own' the US Congress

Sen. Dick Durbin blurted out on a local Chicago radio station an obvious truth that is rarely spoken:


"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 Wall Street 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 the institutional corruption is.

[Salon]

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