The Best Investment In History...258,449% Return

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

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.

My Comments: This doesn't surprise me one bit. What does surprise me is how cheaply they sold out. They bought our Nobel Prize winning president for only nine million a year! Professional athletes sign bigger contracts than that! More proof of politicians incompetence. They can't even negotiate proper bribes!

I hijacked this from The Big Picture by Barry Ritholtz. Great site...I recommend it.

Full article here...