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Money, Influence and Politics (Part I) #1058826

CNN Evening News for Wednesday, Jan 22, 2014
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(Studio: Anderson Cooper) The announcement of a CNN year-long investigation into money, influence and politics introduced.

(Atlanta: Drew Griffin) The rush by politicians for money examined; scenes shown from a breakfast fundraiser for Florida Governor Rick Scott hosted by the Principi Group; details given about how PACs pay for political campaigns. [Former Shell Oil president John HOFMEISTER - talks about the law and politics and how it is an endless process of being hit on for money: there is a price for not paying; agrees it is extortion.] [Hoover Inst. "Extortion" author Peter SCHWEITZER - calls it a feeding frenzy by politicians and business companies have to play ball with them. extracting donations.] A Florida contract to the Principi Group noted. How the political money is used as slush funds for politicians discussed.

Reporter(s):
Cooper, Anderson;
Griffin, Drew
Duration:
00:09:20

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