Friday, June 22, 2007

The Real Estate Special Interest Payouts To Congress


Most Americans view with disdain the daily "greasing of the skids" by special interest groups to gain favorable influence for policy votes in Congress. And who can blame them? One could argue that the bribe-like activities of special interest groups, PACs (political action commitees) in Washington D.C. are amoral and corruptive. It's that special, not-so-perfect aspect of the American political system.

Indeed there are thousands of special interest groups executing their plans every week in Washington D.C.. Now it is possible to track whether your own representative in Congress is being influenced monetarily, by whom and by how much. Just visit the website: Maplight.org.

In our main area of interest, real estate, there are some interesting surprises.
So who in Washington is getting the most slap-back cash from real estate industry special interest groups including realtors, subdividers, ?
Well, according to Maplight. org - and this may be just the tip of the iceberg of total funds paid, here you go, my fellow Americans:

Top 10 Recipients Funded by Real Estate Industry (all groups)
Recipient Amount
Joseph Lieberman: $966,665
Hillary Clinton: $632,830
Jon Kyl: $352,994
John Isakson: $325,810
Bob Corker: $290,403
Richard Santorum: $279,423
Bill Nelson: $227,330
Harold Ford: $219,633
Charles Schumer: $219,514 (Mr. SubPrime-Bailout-Program)
Michael DeWine: $183,630

Top 10 Recipients Funded by Real Estate Agents & Managers
Recipient Amount
Hillary Clinton: $530,058
Joseph Lieberman: $356,660
John Isakson: $199,200
Charles Schumer: $193,812
Jon Kyl: $170,932
Richard Santorum: $162,825
Bob Corker: $157,465
Robert Menendez: $154,930
Bill Nelson: $151,280
Mel Martinez: $143,900

Gee, with some of these nice payouts, these Congressional problem solvers might - just might mind you - be able to afford a down payment on an Orange County single family home!

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