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Saturday, June 5, 2010

Why Barney Frank protects the financial industry

Perhaps more Americans would have a better understanding of how their government operates if the press reported on a regular basis where politicians get their money from. If the press did this when it reported on a story about Barney Frank from Massachusetts, voters would clearly see why the congressman did not support tougher financial overhaul legislation as proposed in a recent financial regulation bill working its way through the corrupt corridors of Congress. Thanks to the non partisan organization, Open Secrets, for detailing where Barney Frank gets his funding from.

Top Contributors, 1989 – 2010

American Bankers Assn -$76,150
JPMorgan Chase & Co -$67,000
National Assn of Realtors -$70,042
Human Rights Campaign -$63,525
Laborers Union -$59,750
American Assn for Justice -$57,500
American Fedn of St/Cnty/Munic Employee-$57,000
FMR Corp -$25,500
Credit Union National Assn -$51,500
Securities Industry & Financial Mkt Assn-$45,996
American Institute of CPAs -$46,859
National Assn of Home Builders-$45,500
New York Life Insurance -$31,000
Bank of America -$40,000
United Food & Commercial Workers Union-$41,948
Teamsters Union -$41,500
Mortgage Bankers Assn -$40,000
Liberty Mutual Insurance -$32,000
UBS AG -$20,000

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