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Old 12-04-2008, 04:06 PM   #417
classicman
barely disguised asshole, keeper of all that is holy.
 
Join Date: Nov 2007
Posts: 23,401
Big Three Spending Millions On Lobbying

Quote:
(CBS) As Congress mulls over a bailout for U.S. automakers, some may be thinking about more than jobs and the economy.

The auto industry spent nearly $50 million lobbying Congress in the first nine months of this year.

And people tied to the auto industry gave another $15 million in campaign contributions, CBS News investigative correspondent Sharyl Attkisson reports.

Sen. Carl Levin, received $438,304 from the automotive industry.
Rep. Joe Knollenberg received $879,327.
Rep. John Dingell got nearly a million from the industry. All have enjoyed generous support from the auto industry over their careers, with GM and Ford as their two top contributors.
All support a bailout.

But nobody's been a bigger advocate for Motor City interests than Dingell. And for him, the stakes aren't just political, they're personal.

"There's an actual conflict," said Ryan Alexander of the nonprofit group Taxpayers for Common Sense. "His personal financial health, you know, the wealth of his family is tied up in the car industry."

Dingell's wife Debbie once worked as a lobbyist for GM.

When she married the congressman, she became a senior GM executive at an undisclosed salary. And we found the couple has extensive GM assets.

Dingell's current financial disclosure filed in May lists GM stock worth up to $350,000, options worth up to $1 million more, and a GM pension fund. In 2000, among the Dingells' GM assets were stock options worth up to $5 million.
Bout time someone started calling these guys out - I wonder who else is tied in with al this. I'm sure there have to be some R's too.

Put 'em all on report, Jim!
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