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Recommend "Jim Hightower" - How Tea Partiers in Congress Are Doing Their Corporate Masters' Bidding (Email)

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By Jim Hightower, AlterNet
Posted on April 27, 2011, Printed on April 29, 2011
http://www.alternet.org/story/150761/how_tea_partiers_in_congress_are_doing_their_corporate_masters%27_bidding

They came, they saw, they conquered. This line pretty well sums up a little-reported but important story about the new tea partiers in the U.S. House of Representatives.

No sooner had they arrived than the corporate lobbying corps came to visit, saw what these supposed rebels were made of and quickly conquered them without a fight. The forces of big business needed only to lay out some campaign cash -- and quicker than you can say, "Business as usual," the budding lawmakers snatched up the money and immediately began carrying the lobbyists' corporate agenda.

Check out the financial services subcommittee, which handles legislation affecting Wall Street bankers. Five tea partiers got coveted slots on this panel, and all five were suddenly showered with big donations from such financial lobbying interests as Goldman Sachs. Now, all five are sponsoring bills to undo parts of the recent reforms to reign in Wall Street excesses.


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