Information related to MTA

  • F.I.R.E. (Fire, Insurance, and Real Estate) Lobby dollars spent.  Meet the FIRE Sector: How Wall Street is Burning Democracy. Between 2006-2012 (so far) the Finance, Insurance, and Real Estate (F.I.R.E.) sector has invested a total of $4.2 billion in political power and influence including: Wall Street has spent $1,331 dollars per minute, every minute since 2006, to gain political influence. F.I.R.E. sector campaign contributions and heavy lobbying of both parties are used to foster industry-loyal voting practices in Congress. An average of 74% Senate Finance Committee votes matched the F.I.R.E. industry lobby position for seven bills examined; the total Senate’s average ‘industry loyalty rate’ matched the F.I.R.E. lobby position 66% of the time for the same bills. To ‘put out the F.I.R.E.’ voters must expose and challenge the toxic campaign money from Wall Street that is putting corporate profits over the needs of a healthy democracy. [Download the full report: Meet the F.I.R.E. Sector: How Wall Street is Burning Democracy.]