Sunday, June 29, 2008

Why The Scumbags Rubber Stamp War Funds

Congress Heavily Invested In Military Industrial Complex

"A new study by a nonpartisan research group shows that lawmakers’ stock holdings in various companies doing business with the Defense Department totals more than $196 million, earning the congress critters millions in profits individually since the start of the war in Iraq.
The Washington-based Center for Responsive Politics says that 2006 financial disclosure statements suggest that members’ holdings could pose a conflict of interest as they decide the fate of Iraq war spending. Several members who earned the most from defense contractors have plum committee or leadership assignments, including Democratic Sen. John Kerry, independent Sen. Joseph Lieberman and House Republican Whip Roy Blunt."

"Overall, 151 members hold investments worth $78.7 million to $195.5 million in companies that receive defense contracts that are worth at least $5 million. These investments earned them anywhere between $15.8 million and $62 million between 2004 and 2006, the center concluded."

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Cost of the War in Iraq
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