Saturday, January 17, 2009

Paying tribute to the new Caesar

A Reuters article states:
"While Americans are hoping for real change in Washington, many deep-pocketed donors are hoping money still buys them access and influence," said Sheila Krumholz, executive director of the nonpartisan money-in-politics watchdog group.

"If history is any guide, these wealthy individuals, as well as the corporations and industries they represent, may more than recoup their investment in Obama through presidential appointments, favorable legislation and government contracts," Krumholz said.

People with Wall Street ties -- 118 of them -- gave $3.6 million; lawyers gave $2.5 million; and donors from the TV, movie and music businesses gave $1.7 million, the center said.

The center's analysis of inauguration donors was posted on its Web site at www.opensecrets.org.

A government that has the power to dispense favors demands tributes.

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