Monday, October 12, 2009

Single Best Investment in history = 258,449%

The single best investment — in terms of greatest return on invested dollars — has been the lobbying efforts of the major banks and finance firms and the bailouts that they received.

They spent $114.2 million dollars in contributions toward the 2008 election, according to the the nonpartisan Center for Responsive Politics. The companies that have been awarded taxpayers’ money from Congress’s bailout bill spent $77 million on lobbying and $37 million on federal campaign contributions, the Center finds.

These firms political activities have yielded them $295.2 billion from Recapitalization, TARP and other assorted bailouts.

The return on investment: 258,449 percent.

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