151 current members Congress Invested in Defense Contracts

[Independem]

151 current members Congress Invested in Defense Contracts

Conflict of Interest has no meaning in Washington 2006

In 2006, the investment portfolios of 151 current members—more than a quarter of Congress—had between $78.7 million and $195.5 million invested in companies that received major defense contracts (over $5 million). The portfolios include holdings in companies paid billions of dollars each month to support America’s military. These companies provided almost everything the military uses, from aircraft and weapons to medical supplies and soft drinks.

http://www.projectcensored.org/top-stories/articles/14-congress-invested-in-defense-contracts/

Conflict of interest is paying off at our expense.

A conflict of interest (COI) occurs when an individual or organization is involved in multiple interests, one of which could possibly corrupt the motivation for an act in the other.

Add On; Conflict of Interest, Members of Congress are the major investors agribusiness including migrant workers.

http://www.thirdworldtraveler.com/Factory_Farming/Meat_You_Eat.html

[panader0]

1. They should recuse themselves from defense budget votes.

[no_hypocrisy]

2. They're stockholders more than representatives.

[mudplanet]

8. They're representing their own financial interests pretty well

at the expense of the rest of us.

[Angry Dragon]

3. Congress is exempt from insider trading laws

[girl gone mad]

4. Welfare Queens. n/t

[chill_wind]

5. And check out the top fat cats:

Lawmakers with the most money invested in companies with DoD contracts include Sen. John Kerry (D-Mass), with up to $38,209,020; Rep. Rodney Frelinghuysen (R-NJ), with $49,140,000; Rep. Robin Hayes (R-NC), with $37,105,000; Rep. James Sensenbrenner Jr. (R-Wis), with $7,612,653; Rep. Jane Harman (D-Calif), with $6,260,000; Rep. Fred Upton (R-Mich), with $8,360,000; Sen. Jay Rockefeller (D-WVa), with $2,000,002; Rep. Tom Petri (R-Wis), with $5,800,000; Rep. Kenny Ewell Marchant (R-Texas), with $1,163,231; and Rep. John Carter (R-Texas), with up to $5,000,000.

[ladjf]

6. What kind of a Government would tolerate this obvious conflict

of interest? nt

[classysassy]

7. " A ship of fools"

continue to support the corrupt captain of their ship.

[Citizen Worker]

9. That's where most of our money goes. This shouldn't come as a surprise it's the capitalist economic

system working as planned.