Washington Babylon — September 24, 2008, 12:08 pm

RSVP for the Bailout

From the Sunlight Foundation:

If you haven’t been under a rock lately, you know that the Bush Administration is proposing a $700 billion bailout for Wall Street. What you might not know is that there have been 258 parties this year alone for members of the House Financial Services Committee-the very folks who are making crucial decisions about this legislation-a number of them hosted by lobbyists for the finance, insurance, and real estate industries.

For example, last week, on September 16, lobbyists were invited to a “financial services” luncheon for Rep. Dean Heller at the Capitol Hill Club. The cost for entry was $500 for individuals, $1,000 for PACs. Heller has collected $190,252 from the financial sector for his congressional elections out of a total of $1,242,583, or 15.3 percent.

Then there was the invitation from the Real Estate Roundtable PAC on September 14 for folks to join Rep. Gregory Meeks to watch the New Orleans Saints play the Washington Redskins play at FedEx Field. The cost: $1,000. Meeks has taken $1,015,432 from the financial sector over his congressional career, 27.8 percent of his fundraising total-$3,657,984.

Share
Single Page

More from Ken Silverstein:

From the November 2013 issue

Dirty South

The foul legacy of Louisiana oil

Perspective October 23, 2013, 8:00 am

On Brining and Dining

How pro-oil Louisiana politicians have shaped American environmental policy

Postcard October 16, 2013, 8:00 am

The Most Cajun Place on Earth

A trip to one of the properties at issue in Louisiana’s oil-pollution lawsuits 

Get access to 164 years of
Harper’s for only $39.99

United States Canada

CATEGORIES

THE CURRENT ISSUE

August 2014

The End of Retirement

= Subscribers only.
Sign in here.
Subscribe here.

The Octopus and Its Grandchildren

= Subscribers only.
Sign in here.
Subscribe here.

Francis and the Nuns

= Subscribers only.
Sign in here.
Subscribe here.

Return of the Strongman

= Subscribers only.
Sign in here.
Subscribe here.

view Table Content

FEATURED ON HARPERS.ORG

Post
 
 Jessica Bruder on the end of retirement, Mary Gordon on the new Vatican, Laura Kipnis on narcissism, and more
Article
The End of Retirement·

= Subscribers only.
Sign in here.
Subscribe here.

“For those riding the economy’s outermost edge, adaptation may now mean giving up what full-time RV dwellers call ‘stick houses’ to hit the road and seek work.”
Photograph (detail) © Max Whittaker
Post
God Lives on Lemon Street·

= Subscribers only.
Sign in here.
Subscribe here.

“Bethel was Oz-like for me. I mean that with all the awe, utter hopefulness, and mythic fear with which Dorothy and her friends had approached that magical city.”
Photograph (detail) ©© Clemens v. Vogelson (Flickr)
Article
The Octopus and Its Grandchildren·

= Subscribers only.
Sign in here.
Subscribe here.

On Stanford University’s origins and vision
“The pervasive fantasy that Silicon Valley doesn’t need the government obscures the role of that government in funding much of the research that built it.”
Photograph © Sallie Dean Shatz
Post
World Cup Boom and Bust·

= Subscribers only.
Sign in here.
Subscribe here.

“I’m not giving a dime to FIFA. You know they’re not paying taxes on any of this?”
Photograph © The author

Average number of days a West German man goes without changing his underwear:

7

Female salmon and quail showed a strong preference for smaller mates.

A Vatican committee approved the constitution of the International Association of Exorcists.

Subscribe to the Weekly Review newsletter. Don’t worry, we won’t sell your email address!

HARPER’S FINEST

In Praise of Idleness

By

I hope that after reading the following pages the leaders of the Y. M. C. A. will start a campaign to induce good young men to do nothing. If so, I shall not have lived in vain.

Subscribe Today