Bob, Are you a traitor?
HW On Sun, Mar 1, 2009 at 11:18 PM, Bob Calco <[email protected]> wrote: > More on this theme: > > http://tinyurl.com/ahaxzb > > - - - > According to the Center for Responsive Politics, a nonpartisan research > group that tracks political giving, banks that got TARP funds spent more > than $114 million on 2008 lobbying and campaign contributions. Since 360 > institutions got bailout funds, that averages nearly $320,000 a pop. Even > last fall, as the banks begged for handouts, they still managed to find > bread to stuff into the pols' poor-boxes. > > Indeed, FEC records show that after TARP's creation in September, > Citigroup's political action committee gave about $77,000 to candidates > (not > counting donations by top brass on behalf of the bank). > > Bank of America gave nearly $100,000; Goldman Sachs, nearly $140,000. > > All three donated heavily to members of the House and Senate committees > responsible for passing TARP and influencing how funds are doled out. New > York pols did well, too: The banks gave nicely to now-Sen. Kirsten > Gillibrand and Reps. Gary Ackerman, Charlie Rangel, Gregory Meeks and Nydia > Velazquez, among others. > > Now-White House Chief of Staff Rahm Emanuel netted a few thousand bucks. > New > York senior Sen. Chuck Schumer's Democratic Senatorial Campaign Committee > bagged $15,000 in Goldman Sachs money in November. > > And guess who else fed at the Goldman post-TARP trough? > > Yup: John Kerry and Barney Frank. > > What a pair of hypocrites (see above). > > At least when the banks spend money on plush getaways or blowout concerts, > they energize their workforce and attract new clients, boosting their > long-term health. They also stimulate the economy. And what do they get for > helping lawmakers keep their cushy jobs in Washington? Some favorable > legislation, perhaps. > > Think of it as a kickback for TARP funds: According to the CRP, so far TARP > recipients have pocketed $295.2 billion of your tax money - a more than > 258,000% return on their investment. If the banks invested this wisely all > the time, maybe there'd be no crisis today. > > But such spending is hardly in the public interest. So why aren't Frank & > Co. griping about that? > - - - > > What a sad era this country has entered. > > - Bob > > > > -----Original Message----- > > From: [email protected] [mailto:[email protected]] On > > Behalf Of Bob Calco > > Sent: Sunday, March 01, 2009 9:11 PM > > To: 'ProFox Email List' > > Subject: [OT] Obama's Pay-To-Play Thugocracy > > > > http://tinyurl.com/bv9wzt > > > > - - - > > The man who is President Obama's newly minted urban czar pocketed > > thousands > > of dollars in campaign cash from city developers whose projects he > > approved > > or funded with taxpayers' money, a Daily News probe found. > > > > Bronx Borough President Adolfo Carrion often received contributions > > just > > before or after he sponsored money for projects or approved important > > zoning > > changes, records show. > > > > Most donations were organized and well-timed. > > > > In one case, a developer became a Carrion fund-raiser two months before > > the > > borough president signed off on his project, raising more than $6,000 > > in > > campaign cash. > > > > In another, eight Boricua College officials came up with $8,000 on the > > same > > day for Carrion three weeks before the school filed plans to build a > > new > > tower. Carrion ultimately approved the project and sponsored millions > > in > > taxpayer funds for it. > > > > Carrion resigned as borough president effective Sunday and begins his > > new > > job as director of the White House Office on Urban Policy Monday. > > > > - - - > > > > Welcome to the new 'pay to play' thugocracy. > > > > - Bob > > > > > > [excessive quoting removed by server] _______________________________________________ Post Messages to: [email protected] Subscription Maintenance: http://leafe.com/mailman/listinfo/profox OT-free version of this list: http://leafe.com/mailman/listinfo/profoxtech Searchable Archive: http://leafe.com/archives/search/profox This message: http://leafe.com/archives/byMID/profox/[email protected] ** All postings, unless explicitly stated otherwise, are the opinions of the author, and do not constitute legal or medical advice. This statement is added to the messages for those lawyers who are too stupid to see the obvious.
