Archive | May 2012
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Shareholders Get Political
All of the ruckus over political campaign contributions in the last couple of years is definitely resulting in more public awareness. Shareholders are even getting political now. A proxy advisory service, Institutional Shareholder Services, states that “Investors filed more than 100 resolutions this year asking companies to disclose what they spend on political advocacy. The […]
Mortgage Fraud Task Force PR Campaign
Why the noisy public relations campaign for the mortgage fraud task force? Thankfully, main street has not stopped demanding accountability. As Politico reports, Members of the liberal activist group CREDO Action have made more than 3,000 calls since March to the White House and Obama’s Chicago campaign headquarters urging the administration to assign more investigators […]
Press Release by Invertebrate Schneiderman on Law Day
UPDATE: As I covered in a previous post, Schneiderman penned an Op-Ed article in which he used phrases like “attacking the foreclosure crisis” and “working aggressively to provide accountability”, in describing the mortgage fraud task force. Below, in another post, I suggested that any new press releases for this ‘force-to-be-reckoned-with’ should include indictments. Unfortunately, another […]
Earmark Pigs Are Not Flying But Breeding Oligarchy
UPDATE: The ban on earmarks by the House in 2010 is proving difficult to uphold. Apparently the ban applied to passing legislation with earmarks and did not in any way apply to existing earmarks. Representative Harold Rogers, a Republican who is now the chairman of the House Appropriations Committee, added an earmark to a 2009 […]
SEC = SELLOUT of our ECONOMY COMMISSION
UPDATE: Bloomberg reported today that the U.S. Securities and Exchange Commission issued an internal agency memo stating, “The staff has concluded its investigation and determined that charges will likely not be recommended.” It appears the SEC determined Lehman had questionable conduct, but not illegal conduct in respect to the now infamous REPO 105 transactions. “The […]
Most Americans think campaign money aids rich
This week, May 22-24, Reuters conducted a poll and found that seventy-five percent of Americans feel there is too much money in politics. Almost the same proportion – 76 percent – feel that the amount of money in elections has given rich people more influence than other Americans, the online survey found. “What we’re essentially […]
Campaign Finance Crisis Speech
The Campaign Legal Center represents the public interest in enforcement of campaign and media law. During this speech, Potter traces the evolution of the current campaign finance crisis and discusses an agenda to escape it if the political willpower can be mustered. The full text of the speech follows below: I am often asked how, after […]
Partisan Compromise or Else…?
Whichever side of the ideological aisle you are on; the fact is that you are not in the majority. Neither party can definitively defeat the other. As a civilized society then, we citizens must make compromises together. Interestingly, the public’s ideological self-description is that 40% are conservatives, 35% are moderates and 21% are liberals. Within […]
Insiders Versus Outsiders – Case Study of Obama
With the election campaigning in fifth gear, we are receiving a constant barrage of messages pitting democrats against republicans and vice versa. As American citizens, we need to be cognizant of the fact that these mouthpieces are not representing us. Because of the rhetoric surrounding the democratic campaign and the extraordinarily hypocritical commencement speech just […]
Getting Money Out of Politics Is Not Partisan
Surprise! Not everyone has heard of the Citizens United 2010 Supreme Court decision. Research from the Pew Research Center for the People and the Press found that 54% of registered voters say they have heard about the decision that allows corporations and individuals to spend as much money as they want on political advertising as […]
