Tag Archive | lobbying
Too Big To Fail Cold Case File Is Closed
How is it that two years after passage of the much acclaimed Dodd-Frank Wall Street Reform (four years after economic crash), Too Big To Fail (TBTF)institutions are not only bigger, but also too big to regulate and too big to jail? Don’t be fooled into believing that because a law has been passed by Congress […]
Rep. Jeff Miller Defends Aristocracy Against Imperial Fiat
Last week, President Obama signed an executive order taking aim at for-profit schools receiving taxpayer dollars for education programs for military members. By Friday, Rep. Jeff Miller, Chairman of the House Committee on Veterans’ Affairs, issued a statement on President Obama’s Executive Order, “Choice Is Not Dictated By Imperial Fiat.” This statement by Rep. Jeff […]
Ignorance Is Bliss ~ Not Anymore
The once blissful in their ignorance are now forced to reckon with reality. Even the least political among us have to recognize the collapse of our economy, the forsaken justice and the blatant corruption within our government. So, where does it all begin? Are good politicians arriving in Washington only to be corrupted or are […]
The Lehman Lynching In 60 Minutes
CBS aired a spectacular interview with Anton Valukas, the investigator appointed by the federal bankruptcy court to determine what caused the Lehman Brothers bankruptcy. Two years ago he submitted a 2,200 page report stating that there was enough evidence for a prosecutor to bring a case against top Lehman officials and the Ernst & Young […]
Capitalism Died and We Got TBTF
Meet revolving door winner Peter Orszag who works at Too Big To Fail (and apparently too big to regulate) Citigroup. Orszag was director of the Congressional Budget Office from January 2007 to November 2008. On November 25, 2008, President-elect Barack Obama tapped Orszag for director of the Office of Management and Budget, the arm of […]
Apathy vs. Misdirection: Winner Kills the Republic
Originally Published at The Lobbyist Effect Misdirection is a form of deception in which the attention of an audience is focused on one thing in order to distract its attention from another. Apathy is a lack of enthusiasm or energy, lack of interest in anything, or the absence of any wish to do anything. You […]
The Lobbyist Effect
Originally published at The Lobbyist Effect Below are the 10 commandments, if you will, that keep us up at night: 94% of Pres candidates that win have the most campaign money. For every $1 spent lobbying, a Corp receives between $6 and $20 in tax breaks, earmarks, subsidies, tax credits […]
The Tale of Too Big To Fail ~ 3 Years Later
This year’s annual report from the Federal Reserve Bank of Dallas includes an essay by the president of the Dallas Fed explaining that despite the great crisis of 2008 the nation’s biggest banks look much as they did before the financial crisis — only bigger. Harvey Rosenblum, the head of the Dallas Fed’s research department, […]
The Revolving Door Spins
The majority of U.S. Congress members who left in 2010 are now employed to influence their previous colleagues. Of those who are now employed, 58% are lobbying or working for a PAC. A public official usually negotiates a deal to go to work for a lobbying firm or corporation while still serving the public. From that […]
Apply Common Sense To Buying Political Influence
The focus should be on strengthening the voices of ordinary voters and limiting the influence of special interests on our government. In a blog titled “Common Sense Man” the following goals are suggested: ~ Clean funding for the campaigns of federal candidates, offering voters the choice of quality candidates free of the strings often attached to […]