Skip to content

A small reminder

There’s a small post at dispatches from TJICistan pointing out that the recipients of the $700 billion bailout have spent a fair amount of it on federal lobbying.  GM in particular has spent $2.8 million on their lobbying effort during the first quarter.

TJIC’s point:

This is only surprising if you don’t understand the fundamental purpose of government – to enrich those with their hands on the levers of power (politicians, government employees, and favored political groups) at the expense of everyone else.

As long as you remember the basics, not much is surprising.

(oh, and GM is now “fixed” down to $1.69/share)

Ratlands is using WP-Gravatar