Showing posts with label Bailout. Show all posts
Showing posts with label Bailout. Show all posts

Thursday, October 16, 2008

Artist unveils her 'Zero Dollar Bill'

The next time you see a George Washington in your purse, check for the denomination. It could just be a "Zero Dollar Bill."

New York artist Laura Gilbert is venting her anger at Wall Street by printing limited edition $0 bills (there are about 10,000 of them). She was distributing it to Armani-clad executives in Manhattan. The Washington Post report mentions that she would like to "confront them with my art."

The lady who pulled her money from the stock market as early as August 2007, is miffed at the plight of others who have lost their lives savings. She quips, "I was trying to think of the best way to respond artistically to this mess."
Finally, art comes to the rescue.

Friday, October 3, 2008

Bailout backers received fatter checks

House members in favor of the bailout received 54% more money from banks and firms than members not in favor.

According to MAPLight.org, bank and security firms gave an average of $231,877 in campaign contributions to each Representative in favor of the bailout in the past five years. The same banks and securities firms gave an average of $150,982 to each representative voting against the bailout.

Both House Republicans and House Democrats received an average of $212,877 each when voting "yes" for the bailout. Republicans voting no received an average of $181,688 each, but Democrats received an average of $101,993.

This is half of what Democrats received to vote in the affirmative.

OpenSecrets.org has found the financial services sector has contributed more money to Congress candidates, Presidential candidates, and political parties than any other sector. The total amount given since 2007 to present is $339,649,585.

Click here for more information.