Showing posts with label Lobbyists. Show all posts
Showing posts with label Lobbyists. Show all posts

Jul 21, 2010

News headlines that will piss you off...

At least they did me. Here we go:
Bart Stupak is grinning like a fool over this one, DHHS limits abortion funding for new high-risk insurance pools.

I realize Politico is a rightwing rag for the most part...but this is Fox News-like yellow journalism at it's best. What the Politico Web site deletes from its articles without telling anyone.
If you have ever lost a loved-one to this shit or suffer from it's deadly consequences yourself, I am quite sure this article will really jerk your chain. Lobbyists push use of deadly asbestos in developing nations.
If none of those articles get to you...then you must be a rightwing nutter and a Batshit Bachmann/Teabagger supporter. 

The first and third ones really, really piss-me-the-fuck-off. That they still manufacture asbestos is criminal to me. That they want to use that friggin shit in countries already suffering is outrageous. They want the poor and high-risk people to pay for their own legal medical procedures is fuckwitted, selfish, innane and disgusting. They preach and preach about forgiveness...but when people make mistakes and try to fix them...wtf assholes? See Alex Trebek and buy a fucking clue you jerkwads.

Jul 6, 2010

How lobbyists influenced the Dodd financial reform bill.

Daniel Indiviglio is a former investment banker and consultant who now writes about that industry for The Atlantic. His recent article explains how the lobbyists influenced, or as I call it, wrote the financial reform bill that Dodd and Frank pushed like crack dealers. From his writeup:
 There are easily dozens of sections where their persuasion can be felt, but here are several striking examples.

Auto Dealer Exclusion
Perhaps one of the most egregious lobbyist influences was a key exclusion from the Consumer Financial Protection Bureau. When you think about consumer credit, a few products immediately come to mind: mortgages, car loans, and credit cards. But wait! Car loans -- one of the most prevalent types of consumer loan -- are excluded entirely from the Bureau's reach. While it isn't likely that auto loans will ever cause a financial crisis, neither will credit cards. Yet there are certainly auto loan shops that could use dastardly tactics worthy of as much attention as the regulator pays to credit card companies.

Derivative Spin-Off Provision
To see a truly strange legislative effort, check out how one of the more controversial derivatives provisions in the bill turned out. Initially, all banks would be forced to put their derivatives business in a separately capitalized subsidiary. That is, until lobbyists got their hands on it. Now, banks can create certain sorts of derivatives, but not other sorts. Foreign exchange and interest rate swaps, for example, are okay. But commodities and energy swaps aren't. Is corn riskier than the euro? Probably not. So what's the explanation? One industry source I spoke with theorized that futures exchanges may have pushed for the ban on commodity and energy derivatives created by banks. The over-the-counter derivatives (a market run by banks) market ate away at exchanges' market share once banks started getting into the business. Now banks are out of the picture regarding these products.

Volcker Rule
Another extraordinarily watered-down provision compared to the original conception is the so-called "Volcker Rule," meant to limit proprietary trading by banks. The final bill limits the amount of money dedicated to this function to 3% of a bank's Tier 1 Capital. That should allow all but a few banks to proprietary trade in the same way they have in the past. Moreover, the rule inexplicitly limits the amount of a private equity venture or hedge fund that a bank can own to 3%. This ultimately benefits banks, because they need less skin in the game to convince outside investors to participate in a venture or fund.
It's a good read, so I suggest you click the link and read his entire piece.  He talks about 'too big to fail' and Frannie and Freddie as well. For a nitwit like myself, it's well written and easy for me to comprehend. This...cough...bill...is weaker than my bladder after an evening of boozing it up.

Jun 8, 2010

Abramoff to be released...already?

"Casino Jack" Abramoff will soon call a halfway house home, according to RawStory. Soon as in this week or next. From the RS writeup:

Three and a half years has passed since the incarceration of onetime Washington power-broker Jack Abramoff.

And as soon as this week, or next, Abramoff will be on his way out the doors of a federal prison and into a halfway house, where he will reside until he's formally released.

Abramoff, 51, pled guilty to corrupting public officials and tax evasion in January 2006 and was sentenced to four years in jail. He bilked nearly $25 million from Indian tribes who sought influence with federal officials. Peter Stone, a veteran investigative journalist at National Journal, who has covered the scandal extensively, asserted in a little-noticed post late Friday that Abramoff was set to leave prison soon.
That scumbag will soon be a free man. Was Justice served? I don't think so.  Watch the trailer for a new documentary on Jackie, courtesy of Crooks and Liars.

Feb 24, 2010

Political analysts serve whom exactly?


The Political analysts that appear on Fox, MSNBC, CNN and other news outlets will have you believe that they are all fair and balanced in their analysis of specific issues or incidents.
Nothing could be farther from the truth in most cases. Many times, these folks have another job as a Lobbyist, Consultant or sit on the Board of huge corporations. This is known as, per The Nation, The Media-Lobbying Complex. Fits don’t ya think? And this happens on both sides of the political aisle. From The Nation:

For lobbyists, PR firms and corporate officials, going on cable television is a chance to promote clients and their interests on the most widely cited source of news in the United States. These appearances also generate good will and access to major players inside the Democratic and Republican parties. For their part, the cable networks, eager to fill time and afraid of upsetting the political elite, have ofteBut n looked the other way. At times, the networks have even disregarded their own written ethics guidelines. Just about everyone involved is heavily invested in maintaining the current system, with the exception of the viewer.

While lobbyists and PR flacks have long tried to spin the press, the launch of Fox News and MSNBC in 1996 and the Clinton impeachment saga that followed helped create the caldron of twenty-four-hour political analysis that so many influence peddlers call home. Since then, guests with serious conflicts of interest have popped up with alarming regularity on every network. Just examine their presence in coverage of the economic crash and the healthcare reform debate, two recent issues that have engendered massive cable coverage.

I realize that not all lobbyists are carpetbagging fucks. Some actually have the best interests of the public in mind when they go on these shows. But the problem is…how do we know, if full disclosure isn’t made, when introducing the so-called analyst?

We don’t know. And therein lies the problem. An example would be Richard Wolffe, a left-leaning contributor on MSNBC. I like Wolffe and usually agree with his assessment on whatever issue he is contributing to at the moment. He is part of a public relations group, Public Strategies, that helps corporations fix their images when they go south. The problem lies in the fact that we are bombarded with these ‘contributors’ when there is a specific issue heating up. Again, from The Nation link:

Janine Wedel, an anthropologist in the School of Public Policy at George Mason University and author of the new book Shadow Elite, told me in a recent interview that while these influence peddlers are not necessarily unethical, they “elude accountability to governments, shareholders and voters–and threaten democracy.”
“When there’s a whole host of pundits on the airwaves touting the same agenda at the same time, you get a cumulative effect that shapes public opinion toward their agenda,” she said.

Frequent television news commentators are also often given access to policy-makers, who may find that they are meeting with not just a TV pundit but also a paid lobbyist. This past March, for example, the White House held an exclusive “communications message meeting” for high-profile Democratic strategists with top presidential aide David Axelrod. Of the eighteen attendees, almost all television regulars, a third were lobbyists or public relations flacks, such as Kelly Bingel, a lobbyist for AHIP and a partner at mega-firm Mehlman Vogel Castagnetti, and Rich Masters, a partner at PR/lobbying outfit Qorvis Communications, where he works on behalf of trade group Pharmaceutical Researchers and Manufacturers of America (PhRMA).

It makes you wonder every time you see one of these fuckers on tv….who are they representing…we the people..or some fucking corporation. As Wedel explains, these assholes can shape public opinion…and that can be a dangerous thing when it’s done undercover by someone acting as a knowledgeable, unbiased expert.

Jan 31, 2010

Lobbyists invited to the Republican retreat?

Oh yes, of course they are! From ABC:
The day after President Barack Obama urged members of Congress to be more transparent about their interactions with lobbyists, the House Republican Caucus headed up Interstate 95 for a retreat where they will be able to mingle privately with… lobbyists.

The annual retreat, sponsored by a non-profit group called the Congressional Institute, is meant to be a chance for members to escape the Beltway to talk about big ideas, hear from rising stars in the party, media pundits, and even visit with President Obama, who will address the caucus Friday.

In between these work sessions, though, there will be less formal gatherings involving several of the Institute's 14-member board of directors. The vast majority of the Institute's board is made up by top Capitol Hill lobbyists whose clients include leading drug manufacturers, the U.S. Chamber of Commerce, and such major corporations as American Express and Verizon.

Institute Executive Director Mark Strand said the entire event has been scrubbed for potential ethics problems, and everything will be done above board. He explained it this way:

"The institute's supporters, who include lobbyists, do not plan, attend or participate in any session of the annual conference. They are invited to a reception and dinner and depart the next morning," he said.(emphasis mine)

"Such a courtesy for a tax-exempt organization's supporters is commonplace and within ethical rules," Strand added. "All members of Congress who participate in the conference pay their own expenses. The Institute does not employ a lobbyist nor does it engage in lobbying."
Oh...and there will be no "transparency" during the reception and dinner, meaning the press will not be allowed to attend. Chew on these facts regarding lobbying Congress:
Last year Washington lobbyists netted $3.2 billion, a 13.7 percent increase from 2007, according to the nonpartisan Center for Responsive Politics, aka OpenSecrets.org
And it's the industries most affected by the economic downturn that seem to be doing much of the spending: finance, insurance and real estate, the group found. 
Fucking carpetbaggers. Nothing turns my stomach more than lobbyists. Nothing. They are the hyena pack, ready to surround and consume whatever they see as a threat to their bottom line, regardless of the consequences to Main Street and the average Joe and Jill American. Below is a list from OpenSecrets of the top 20 corporations and what they spent to lobby Congress in 2009:
US Chamber of Commerce                                                    $73,899,200
Exxon Mobil                                                                           $27,430,000
Pharmaceutical Rsrch & Mfrs of America                                $26,150,520
General Electric                                                                       $21,470,000
AARP                                                                                     $21,010,000
American Medical Assn                                                           $20,830,000
Chevron Corp                                                                         $20,815,000
Blue Cross/Blue Shield                                                            $20,067,939
Pfizer Inc                                                                                $19,669,268
National Assn of Realtors                                                        $19,477,000
Verizon Communications                                                         $17,820,000
FedEx Corp                                                                            $17,000,000
Boeing Co                                                                               $16,850,000
National Cable & Telecommunications Assn                            $15,980,000
Northrop Grumman                                                                 $15,180,000
Lockheed Martin                                                                     $13,533,782
Business Roundtable                                                                $13,410,000
ConocoPhillips                                                                         $13,382,079
American Hospital Assn                                                           $13,230,696
Altria Group                                                                             $12,770,000
Ain't that some shit?  Makes me wanna beat someone about the head and shoulders with a Louisville Slugger.

Jan 25, 2009

Is the demise of the Lobbyist near?



I doubt it, in spite of Obama's decree....those fuckers will survive. The Rethugs will still be drawn to them like moths to a flame. Harry Reid still hearts them too hell, the old fuck defends them. Both parties covet them, lets not kid ourselves here.

But 2008 wasn't a good year for those carpetbagging assholes, and it makes me smile to know that. You can view the top 20 lobbying groups income comparison's for 08 and 07 here.

There are good lobbyists. But sadly there are more bad than good. That's the problem of course. The only way to clean them up is to get rid of them all....and that's too bad.

On a personal note...the doctors now say I have an antibiotic-resistant strain of strep. Say that real fast 4 times. ;) How they came to that conclusion is beyond me since all the fucking tests kept coming back negative for everything...

I am now on superdrugs that majorly fuck with the digestive system. Oh happy happy joy joy to that eh? Cure one ailment to the detriment of another part of the body. sigh.....

Sep 12, 2008

Hunter Biden quits his day job..as a lobbyist.


I blogged shortly after Biden got the VP nod that his son Hunter's entire career was as a lobbyist.

I am happy to report that Hunter has shunned his day job. From the AP:
Democratic vice presidential nominee Joe Biden's son Hunter has stopped working as a federal lobbyist, work that had made him a Republican target in the presidential contest.

"I no longer expect to act as a federal lobbyist," Hunter Biden said in a letter to the Clerk of the House and the Senate Office of Public Records. The letter is dated Aug. 25 and was made public Friday.

It takes a big man to quit something as lucrative as lobbying. I give Hunter his due. What seems to have turned the tide for Hunter is the latest client they signed, coupled with his fathers new political move. From the WSJ:

In June, Biden agreed to work for a wealthy American who founded a large online gambling company from Gibraltar. According to the disclosure forms, Hunter Biden was charged with lobbying House lawmakers on behalf of a law firm that represents online gambling magnate Russ DeLeon. Listed as one of Forbes’ richest Americans, DeLeon was an original founder of the popular online gambling company PartyGaming.com.

Republicans approved legislation in 2006 to outlaw Internet gaming, but Democrats are trying to overturn the ban. Rep. Barney Frank, the chairman of the House Financial Services panel, announced this morning that his committee will take up legislation to that end next week.

The stakes are high: The Internet gaming business is a multibillion-dollar industry; PartyGaming posted a $500 million profit in 2005. According to a form filled out by Hunter Biden just a month before the Democratic convention, Biden’s firm earned $50,000 for a few weeks work from PartyGaming before the second-quarter filing period came to an end June 30.

Hey, whatever it takes. I wish all lobbyists would have an attack of conscience.

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Jun 18, 2008

Your Rethug corruption post for today


This jackass just never learns. Don Young, the smarmy, sneaky, on-the-take most likely representative for Alaska's voters actually had in writing which lobbyists and special interest groups got straight to him and his top advisors. From the link, at TPM muckraker:

Rep. Don Young (R-AK) has had his share of federal investigations, scandal and legal bills, but he may now have a new problem: "The A Team."

In a document obtained today by TPMmuckraker.com, entitled 'An Intern's Survival Guide,' new interns in Young's office are given various instructions on how to thrive and excel working in Young's office. The document was distributed to new interns by a paid member of Young's staff.


The..cough..document is quite precise in its intent. One of Young's "A Team" folks? Again from TPM:

Most notable on the list is Rick Alcade, the lobbyist at the center of the "Coconut Road" earmark scandal, which the Senate, in an unprecedented move, has formally asked the Justice Department to investigate.

I hope this fucker goes down soon..he really gets on my last friggin nerve.


May 12, 2008

One of McCain's hand-picked lobbyists resigns.


This one was chosen to run the GOP Convention. Doug Goodyear has resigned most likely because of a Newsweek article that comes out this week that shows his lobbying company works for the Myanmar Junta.

Thats a real winner for a client isn't it? Jaysus, lobbyists have no shame do they? The Newsweek article also rattles off some of the other big-name bags of batshit that Dougie's company represents:

Goodyear is CEO of DCI Group, a consulting firm that earned $3 million last year lobbying for ExxonMobil, General Motors and other clients.

DCI also represents those smarmy 527 swiftboating groups. McCain's staff is top heavy with lobbyists. Also from the Newsweek writeup:

Ironically, Goodyear was chosen for the post after the McCain campaign nixed another candidate, Paul Manafort, who runs a lobbying firm with McCain's campaign manager, Rick Davis. The prospect of choosing Manafort created anxiety in the campaign because of his long history of representing controversial foreign clients, including Philippine dictator Ferdinand Marcos. More recently, he served as chief political consultant to Viktor Yanukovich, the former Ukrainian prime minister who has been widely criticized for alleged corruption and for his close ties to Russia's Vladimir Putin - a potential embarrassment for McCain, who in 2007 called Putin a "totalitarian dictator." "The Ukrainian stuff was viewed as too much," says one McCain strategist, who asked not to be identified discussing the matter. Manafort did not return calls for comment.

tsk, tsk...I hope the Democratic nominee makes a big deal about all those friggin lobbyists. Scurrilous bastards that they are.

Apr 17, 2008

Serving a constituency-but which one?


With the news that the National Association of Manufacturers (NAM) will appeal a ruling handed down last week by the courts, it gives one pause to consider why they would have a problem with the new law regarding lobbying. The law in question is the Honest Leadership and Open Government Act (HLOGA). In fact, the NAM folks are so verklempt about this ruling they are actually going to seek an emergency stay of the decision. Lets see how one of the NAM faithful spins this shall we? From the piehole of their fearless leader comes this:


"We remain convinced that many of the law's burdensome and intrusive disclosure requirements will have a serious chilling effect on the constitutional rights of our members," said former Michigan Gov. John Engler (R), the NAM's president, in a statement. "We are committed to protecting the rights of everyone in this country, including those who work for manufacturers, to freely associate and to exercise their First Amendment rights without the government interfering with or chilling them."


Oh thats right, their First Amendment rights are being tromped on. Sweet Jesus, how can we allow that?


Well, I'll tell you how, because the rights of the whole trump the rights of a few special interest groups which represent corporations not people, thats how. I am sick to death of these sycophants painting these issues as a 'rights' issue. It's about disclosure, its about shining a sharp beacon of light into the beady rat eyes of the few who wish to push their will and interests on our elected officials. I like how J. Gerald Hebert, Campaign Legal Center Executive Director phrased it in his statement about Judge Colleen Kollar-Kotelly's ruling last week in the U.S. District Court of the District of Columbia. Part of his spot-on remarks below:


The National Association of Manufacturers' (NAM) attempt to gut disclosure provisions of the Honest Leadership and Open Government Act (HLOGA) was a blatant attempt to keep the public in the dark regarding those who spend huge amounts of money to influence policy anonymously. The court recognized clear precedent that the disclosure provision serves the compelling governmental interest in providing full disclosure of lobbying activity and in protecting the integrity of the legislative process.”


I think, no I know, the words of Mr. Hebert ring true with the intelligent citizens of this nation. Aren't we sick to death of cronyism and special interests ruling our Congress? Don't we want equal representation under the law? Because we aren't getting it, and we haven't for decades. Our current administration is a government for the Corporations and by the Corporations. Clinton was a subscriber to that doctrine as well, don't kid yourselves, as was Bush41 and Reagan.


The problem however is the Supreme Court is stacked with Bushie's that will most likely cater to the whims of these greedy corporations and their lobbying arms. This will undoubtedly be taken all the way to the Supreme's, you can take that to the bank. These guys won't give up until the last jurist has listened to them bitch, whine and complain about how their rights are being subverted by this law.


A law that protects we, the people, from pandering and special interests. A law that will hopefully keep Jack Abramoff-like fools out of the halls of Congress. It's not the end-all but its a start. It starts by keeping these bastards honest, if that is even possible. Their pandering self-interests must be held up to scrutiny that everyone can see, so that the Congress critters can't take their money and give them free rein to write our laws so that they only benefit the corporations, as they have for decades and decades.


Apr 15, 2008

NAM gets pissed the courts don't go along like BushCo does..


Those lobbying fools known as NAM are highly peeved about this development. From the writeup:

The National Association of Manufacturers (NAM) is appealing a federal court order to dismiss the group’s lawsuit challenging a new ethics and lobbying law.

Judge Colleen Kollar-Kotelly of the U.S. District Court of the District of Columbia ruled Friday against the trade association’s suit, which took issue with a specific provision of the new law that would require “stealth coalitions” to disclose their member companies if they contributed at least $5,000 per quarter to the coalition or actively participated in a lobbying campaign.

Obviously the manufacturing lobby doesn’t like playing by the ‘new rules’. We can only hope to Buddha that judges uphold this new law..all the way up the chain. But frankly, I don’t feel good about our chances if they take it all the way to the Supreme’s. Those bastids are handpicked for the love of pete.

Crossposted at Bring it On!

Feb 23, 2008

The Straight Talk Express is now the Lobbyists Express..climb onboard!

(Click graphic for larger image)
Steve Benen, the talented purveyor of the Carpetbagger Report has an educational post up this fine but freaking wet Saturday morning. It's entitled: Lobbying, influence peddling aboard the 'Straight Talk Express'. Reading his writeup, we learn the following from a WaPo article:

Of all the lobbyists involved in the McCain campaign, the most prominent is [Charles] Black, who has made a lucrative career of shuttling back and forth between presidential politics and big-time Washington lobbying…. [E]ven as Black provides a private voice and a public face for McCain, he also leads his lobbying firm, which offers corporate interests and foreign governments the promise of access to the most powerful lawmakers. Some of those companies have interests before the Senate and, in particular, the Commerce Committee, of which McCain is a member.

Black said he does a lot of his work by telephone from McCain's Straight Talk Express bus. (emphasis mine)

Oh dear..that isn't good now is it? Doing business out of the bus? For McCain to actually rail against lobbyists when in fact his campaign is packed to the rafters with the bastards..says what about him? Again from the WaPo article:

But when McCain huddled with his closest advisers at his rustic Arizona cabin last weekend to map out his presidential campaign, virtually every one was part of the Washington lobbying culture he has long decried. His campaign manager, Rick Davis, co-founded a lobbying firm whose clients have included Verizon and SBC Telecommunications. His chief political adviser, Charles R. Black Jr., is chairman of one of Washington's lobbying powerhouses, BKSH and Associates, which has represented AT&T, Alcoa, JPMorgan and U.S. Airways.

Senior advisers Steve Schmidt and Mark McKinnon work for firms that have lobbied for Land O' Lakes, UST Public Affairs, Dell and Fannie Mae.


Thats quite a laundry list of lobbyists wouldn't you say? Again..what does this list of lobbyists tell us about Weathervane McCain? That he is a lying sack of sheep shit? That he has the beginnings of Alzheimers? That he rates the intelligence quotient of voters along the same lines as Bush does, meaning equal to a dandelion?

The NYT's little expose about McCain is now starting to make sense I think. They were raising a red flag about the hypocrisy of McCain if nothing else. They just didn't do a very good job of it.

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Feb 22, 2008

Some facts about Weathervane McCain and his lobbying 'friends'

Its short, so please give it a whirl..it gives us some very important straight talk facts about this man who would be President.


Thank you to Brave New Films for this video..

Today's Photo..er..Graphic..ok, Picture.

It's moving day!!!!!!!!!!!!

I have purchased a domain name. I have been meticulously working on a new site,Leftwing Nutjob. Please change your bookmarks people..this puppy will no longer be updated as of July 1st 2011.