Monday, June 25, 2007

Is Fred Thompson what Republicans are Looking For?

Casting himself in the role of Washington outsider, Fred Thompson has a long history as a political insider who earned more than $1 million lobbying the federal government.

Using his access to members of Congress and the White House staff for over 20 years, Thompson lobbied for savings and loan deregulation that hastened the collapse and bail out. He also lobbied for a nuclear energy project that cost the taxpayers more than a billion dollars.

"More recently, while Frist led the Senate, Thompson earned more than $750,000 lobbying for a British reinsurance company that wanted to limit its liability from asbestos lawsuits."

When Howard Baker became the Senate majority leader in 1981, lobbying provided Thompson with about 80 percent of his total income.







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1 comment:

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