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Posts Tagged ‘Bribery’

60 Minutes: Washington’s Legalized Bribery

Posted by Larry Doyle on October 22nd, 2013 9:33 AM |

The release this morning of September’s employment report  indicates that our economy continues to limp along like a wounded dog.

But while many in our nation seriously wonder how they will make ends meet, there is one group in our nation that has developed a business plan for which most companies would be vilified — if not prosecuted — but which for them their cup overflows.

Just who are these visionaries that have developed a secret sauce that fills their coffers with booty and elevates the individuals to almost untouchable status? Who are they? Our politicians in Washington who are engaged in what can only be defined as legalized bribery.

For those who missed the expose on what looks and feels very much like a scandalous scheme of payola, let’s navigate and watch a 13-minute 60 Minutes must-view segment. (You will likely want to take a shower after watching this.) (more…)

How Wall Street and Washington Betrayed America!!

Posted by Larry Doyle on March 4th, 2009 11:03 AM |

fitz_03_06_banks4
While politicians, bankers, regulators, and commentators can and will point fingers as to where and how our system of financial oversight broke down, make no mistake it was due to too many people making and taking too much money!! I have highlighted the grotesque system of lobbying that has developed and corrupted our society in More Legalized Bribery.  

We watch daily hearings on Capitol Hill in the spirit of doing what is right for our country. Please!! Spare me the nonsense and pandering. While collectively we deal with markets that are now down over 50%, the pols and the bankers have effectively robbed the bank and left the taxpayers with the bill to clean up the mess.  Barron’s wrote a brief piece on this topic: how the Financial Sector Spent $5 Billion Lobbying Washington Over the Last Decade!! 

It is high time we attach names and faces to those politicians and lobbyists who fed at this trough!!

LD

More Legalized Bribery!!!

Posted by Larry Doyle on February 21st, 2009 6:43 PM |

Why do I believe we will see a wave of material on this topic? Well, whenever I see it I plan on updating my post Legalized Bribery so that Former Senator Chuck Hagel (R-NE) and current CIA head Leon Panetta are continually vindicated. 

Who lived rent free for 5 years in the Washington townhouse of a CT Congressman, directed hundreds of thousands of dollars to that Congressman’s husband’s lobbying effort, served on the board of Freddie Mac when it stifled Republican overtures, and now serves one door away from the Oval office? 

Did Rahm Emanuel declare that rent-free arrangement as income? Did he pay taxes on it? Did he share that arrangement with the Congressional ethics committee? Rahm’s ‘Rent’ Is Just the Tip of Ethics Iceberg

Change? No, this Legalized Bribery has been going on for a while.

LD






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