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Thursday, June 03, 2010

Obama gives, Congress takes -

Plenty of Bribes, that is.

Romanoff, Sestak, and perhaps others. Jobs for support.
Banks and oil companies- Support for Support.
Obama, who drove the "audacity of hope" train to victory now finds it derailed, with all the blame on the driver.

Members of Congress have been dipping deeply into the well of money given by the government to bail out the bad boys.

Report: Revolving Door Spins Quickly Between Congress, Wall Street - OpenSecrets Blog | OpenSecrets: "Organizations in the financial services sector have deployed at least 1,447 former federal employees to lobby Congress and federal agencies since the beginning of 2009, according to a joint analysis of federal disclosure records and other data released today by Public Citizen and the Center for Responsive Politics. (Download the full report here: FinancialRevolvingDoors.pdf)...

Added Sheila Krumholz, executive director of the Center for Responsive Politics, “Companies pay a premium for lobbyists who’ve spun through the revolving door because it can be a small price to pay relative to the huge payoff if they can shape legislation. These lobbyists tap insider knowledge and personal relationships, knowing that their old friends and former co-workers won’t want to let them down.'

Prominent former congressional members now lobbying on behalf of financial services sector interests include two former Senate majority leaders (Bob Dole, R-Kan., and Trent Lott, R-Miss.), two former House majority leaders (Dick Armey, R-Texas, and Dick Gephardt, D-Mo.) and a former speaker of the House (Dennis Hastert, R-Ill.)."

Dick Gephardt spoke at my Commencement about ideals.


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