FOLLOW THE MONEY
Spending Taxpayer Money:
Campaign Finance and Disclosure Resources:
National Institute on Money in State Politics (followthemoney.org)
Roll Call: 50 Richest Members of Congress
For disclosure statements and other information for Montana representatives (Federal), check out the following links:
ABOUT THIS PAGE
Why has the wealth of many of our “representatives” gone up in the recession, while housing values have gone down and the value of the dollar has dramatically decreased? Has your wealth gone up measurably in the past 3 years? This page is dedicated to following the money, so we can all understand just how corrupt the system is, and why it takes just a few short months to co-opt new representatives with the best of intentions into the “political machine”.
It is said that president Obama will spend $1 Billion on his 2012 campaign. How could this be possible? Does this mean only those with very deep pockets can expect to run for office and win?
Why would Brian Schweitzer, Jon Tester, Max Baucus, or any other Montana representative go to San Francisco or another state for a campaign fundraiser? Just because it’s allowed by law, or by the agencies that establish guidelines, doesn’t make it right.
News stories frequently state that the bulk of campaign money for our representatives comes from sources outside the state of Montana. Why?
It’s easy to see that by allowing our representatives to receive money from these special interest groups and lobbyists, the power is shifted away from the people and toward those with the most money.
CBS’s 60 Minutes recently did a story about insider trading by politicians, who are “exempt” from the same laws as ordinary citizens.
Did you know that during the economic crisis in 2008 that many of the politicians, with the knowledge and foresight that the stock market was going to make a nosedive, made tens of thousands of dollars betting that it would go down?
The use of insider information such as this is used to buy and sell our representative’s votes. It is also used by our corrupt congress to intimidate and control their opposition.
Think about it. These folks know what legislation they are going to enact, the industry and businesses it will impact, and in their capacity as “leaders”, they are entrusted with “confidential” information that they consciously choose to use to their advantage.
Peter Schweitzer, author of a new book, THROW THEM ALL OUT, has done extensive research on this issue.
In a recent interview, he noted a study by the Journal of Quantitative Economics that examined 6,000 stock trades.