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November 7, 2007 at 07:11:12
SCHUMER & CO, SLOPPING AWAY AT THE TROUGH by Jim Freeman Page 1 of 2 page(s) |
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Washington Post Staff Writer In early June, as the Senate Finance Committee began examining how a new breed of Wall Street titan could be paying a special low tax rate on executives' salaries, one of the richest of them, hedge fund manager Steven A. Cohen of SAC Capital Advisors, cut the Democratic Senatorial Campaign Committee a check for $28,500. Just days later, with DSCC Chairman Charles E. Schumer (D-N.Y.) equivocating on legislation to raise taxes on publicly traded equity firms, hedge fund giant James H. Simons, who earned $1.7 billion last year at his Renaissance Technologies LLC, donated another $28,500 to the DSCC. By late July, Schumer was off the fence -- and on the side of the hedge funds and private-equity firms in opposing the Democratic legislation.
Wednesday, November 7, 2007; Page A01
. . . The measure has deeply divided Democrats, pitting a rank and file that has railed for years against inequities in the tax code against the party's money men, who are reluctant to bite the hand that has generously fed them.
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Interesting that the Washington Post nonchalantly mentions elected members of the Senate as reluctant to bite the hand that has generously fed them and sees no conflict of interest (much less crime) in the statement.
Schumer is merely the most recent and most obvious of the sell-outs.
I wonder if (ever) the ACLU or some other quasi-public minded legal entity will sue a campaign contributor for interfering with the legislative process--AND WIN!
Not bloody likely--and thus the new Democratic broom that proposes to sweep its way through the Congress will merely follow the money-grubbing, sleazy, totally corrupt policies of Schumer, Pelosi, Reid, Feinstein, Lieberman and the associated garbage-collectors we send to Congress.
Too hard on the poor dears? Not for a moment. We allow them to make fools of representative government and even the nation's newspapers nod their sleepy heads and accept business as usual.
These creeps running the hedge funds just bought Schumer and a continuance of tax breaks for less that $60k. AND WE LET THEM!
Sixty grand to buy the United States Senate. Two hundred-fifty grand buys the United States President. Twenty grand here and twenty grand there positions Halliburton, Blackwater, Boeing and their 'privatization of government' enthusiasts to simply take our democracy away and hide it. It's the biggest shell-game that's ever been played and our elected officials are hidden from public scrutiny BY BEING SYSTEMATICALLY BOUGHT OFF.
Forget the war--the war is a long-lost cause.
The March on Washington that is most imperative is a protest against paid-off, paid-up, government for sale.
NOTHING further of value to a free republic can be accomplished until this travesty against honest governance is thrown to the ground and a stake driven through its heart.
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Hog Trough for Congress
Until we have public financing of elections and take personhood back away from corporations, we the people no longer have any say in what Congress or even the local government does. by Robert N Smith (15 articles, 0 quicklinks, 11 diaries, 152 comments [3 recommended, 0 rejected]) on Wednesday, Nov 7, 2007 at 8:09:54 AM  (0+)
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Reply: Well Bob . . .
. . . in all seriousness, due respect and other clap-trap, we just can't wait for 'taking back personhood,' because no one is going to allow it. AMERICA HAS TO TAKE ITSELF BACK FROM THOSE WHO HAVE STOLEN IT AND THAT MEANS CITIZENS IN THE STREETS. That's not anarchy. That's elemental democracy. OpEdNews, a site I value hugely, wrings its hands far too much, preaching to the choir about 'when we do this' and 'after we do that' and it's all a mind-f*ck. We are no longer able to do for ourselves. That has been quietly (but very efficiently) taken from us. Pelosi and Reid, Schumer and Feinstein were supposed to be the answer--we elected them to be the answer--they turn out to be nothing but paid stooges. You can't 'take' that or 'do' that violation of sacred promise. AMERICANS MUST MARCH AND DEMONSTRATE AND RAISE HELL or settle for losing their sovereign nation and calling it a 'homeland' instead. Can you just hear Thomas Jefferson or Benjamin Franklin responding to calling the country they created and fought for and risked everything for, a 'homeland?' by Jim Freeman (108 articles, 53 quicklinks, 227 diaries, 386 comments) on Wednesday, Nov 7, 2007 at 9:30:12 AM (0+)
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Reply: Well Jim
How exactly do you propose to 'take back' the government? What will be mechanics of the transfer? Do you really believe that you will mobilize enough people to make a difference when a Presidential election with the months of advertising and hoopla can manage less than 60% turn out? The 60/70s type activism is long long gone. Your off handed dismissal of Robert's suggestion that the line of attack should be to remove money from the need to raise money was both as unnecessary as wrong. His point needs serious consideration/investigation.Wholesale change is unlikely but strategic changes just might get through especially ones that could be sold to the politicians as being in their interest to support. Andris' Law of Political Change: The Time and effort to get a change to be sufficiently accepted to be implemented is of logarithmic proportion to the dramatic nature of the change. The issue is not the unacceptable trough diving of some politicians or the control by Corporate interests. The issue is how do we stop, reduce or control it? by Andris (4 articles, 0 quicklinks, 0 diaries, 531 comments) on Thursday, Nov 8, 2007 at 1:52:48 AM (0+)
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Reply: I am simply saying
you stop it in the streets. You make an issue of it, make it so embarrassing, keep it on the news until Congress begins to move. You don't seriously believe that those who take the money are going to vote themselves into stopping. You can't possibly suggest that Congress will vote itself out of the possibility of what Dennis Hastert thirsts for--a $1 million a year job as a lobbyist. If you are correct and the demonstration days of the 60's are over and behind us, then representative government is gone as well. You may be right. I pray not. by Jim Freeman (108 articles, 53 quicklinks, 227 diaries, 386 comments) on Thursday, Nov 8, 2007 at 2:41:46 PM (0+)
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