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Posts Tagged ‘campaign finance reform’

Congress: Telemarketing Central USA

Posted by Larry Doyle on March 15th, 2014 7:05 AM |

Do you get annoyed by telemarketing calls coming into your home at all hours? Imagine, instead of a pitchman for just another product you would never need, that the individual on the other end of the line is your US Congressman. Ridiculous? Think again.

Have we sunk so low that our elected officials now spend endless hours literally ‘dialing for dollars’? Indeed they do.

Represent.Us, a grassroots organization you will hear a lot more of in the coming years, highlights a brief 3-minute clip so we can watch and learn as Lawrence Lessig, a professor at Harvard Law School and highly acclaimed political activist, spoke on just such a topic with Bill Moyers:

Larry Doyle

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The opinions expressed are my own. I am a proponent of real transparency within our markets so that investor confidence and investor protection can be achieved.

Schweizer Exposes Washington’s ‘Mafia-Like Tactics’

Posted by Larry Doyle on October 26th, 2013 6:23 AM |

Peter F. SchweizerWith this commentary, I welcome inducting Peter Schweizer of the Hoover Institution at Stanford University into the highest echelon of the Sense on Cents Hall of Fame.

If you do not think that the folks in Washington employ practices (e.g, shakedowns, protection money) commonly connected to those engaged in ‘organized activities’, then take the mere 5-minutes to view a recent Yahoo clip highlighted below with the acclaimed author of the recently published Extortion: How Politicians Extract Your Money, Buy Votes, and Line Their Own Pockets.

Schweizer opines on a standard Washington practice directed at business owners and executives.

“If they don’t offer up campaign donations…lobbying contracts for friends or family members, bad things will happen to them so they feel compelled to give when they would rather just be focused on building their business.”  (more…)

Is the Party REALLY Over?

Posted by Larry Doyle on March 27th, 2009 11:58 AM |

party-hats1There is NO doubt that our financial markets and financial firms will experience significant changes in regulation on a going forward basis. Turbo-Tim Geithner laid out those plans this week. President Obama is hosting the heads of the major banks at noon today to lay the groundwork for the universal acceptance of the new rules, amongst other topics.

Over the next few weeks and months, new regulations will be defined and a new division of responsibilities will be outlined  amongst the various bodies (Fed, Treasury, SEC, FDIC, FINRA, CME). Rest assured, there will be some power grabs by the heads of these agencies and regulatory bodies in the process.  

We have clearly just come through an ENORMOUS party on Wall Street, leaving our entire economy with a MASSIVE hangover. Do not forget, though, as with any good party, we need to review who was working the door, who got let in, who got the discount cover, who brought some attractive friends, and who was taking a little something on the side.  I won’t dare venture as to who left together.  (more…)

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