TV News LIES

Sunday, May 19th

Last update12:49:31 AM GMT

You are here News Congress 151 Congressmen Derive Financial Profit From War

151 Congressmen Derive Financial Profit From War

E-mail Print PDF

According to the latest reports, 151 members of Congress invested close to a quarter-billion in companies that received defense contracts of at least $5 million in 2006. These companies got more than $275.6 billion from the government in 2006, or $755 million per day, according to FedSpending.org, a website of the watchdog group OMBWatch.

Congressmen gave themselves a loophole so they only have to report their assets in broad ranges. Thus, they can be off as much as 160 percent. (Try giving the IRS an estimate like that.)

More... 


Most Recent Related Stories...


'Dramatic decline' warning for plants and animals

decline in plants and animalsMore than half of common plant species and a third of animals could see a serious...

Gay rights amendment offered to immigration bill in Congress

Patrick LeahyU.S. Senate Judiciary Committee Chairman Patrick Leahy on Tuesday proposed a gay rights amendment to the...

Warren: Student-Loan Rate Should Be Same as Banks

Elizabeth WarrenSen. Elizabeth Warren introduced her first standalone piece of legislation Wednesday, calling for the government to...

Online sales tax clears Senate, fight seen in House

Online taxThe Senate voted overwhelmingly on Monday to give states the power to enforce their sales tax...
 
America's # 1 Enemy
Tee Shirt
& Help Support TvNewsLIES.org!
TVNL Tee Shirt
 
TVNL TOTE BAG
Conserve our Planet
& Help Support TvNewsLIES.org!
 
Get your 9/11 & Media
Deception Dollars
& Help Support TvNewsLIES.org!
 
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!