More Payback By The GOP to their Corporate Masters

[Minimalist]

http://www.nytimes.com/2011/07/16/busine...TE&ei=5043

The economy is still suffering from the worst financial crisis since the Depression, and widespread anger persists that financial institutions that caused it received bailouts of billions of taxpayer dollars and haven’t been held accountable for any wrongdoing. Yet the House Appropriations Committee has responded by starving the agency responsible for bringing financial wrongdoers to justice — while putting over $200 million that could otherwise have been spent on investigations and enforcement actions back into the pockets of Wall Street.

[theVOID]

They should have failed and been prosecuted for any fraud but instead they've been given billions of dollars and more to come, go figure.

[downbeatplumb]

America is theirs,bought and paid for.

[HeyItsZeus]

America is theirs,bought and paid for.

It's been that way for a while... neither of the major representing political parties are safe to vote for... we have no where to turn.

[Spectrum]

I wonder when my fellow Americans will catch on to the fact that neither party is willing to kill the inadequacies that plague this nation from within.

[theVOID]

And Min, as good as you are at pointing out the corporatism in the Republican Party I can't help but notice you haven't picked up on stuff like this;

The Obama campaign, in a joint effort with the Democratic National Committee, earlier this year asked about 450 leading fundraisers to bring in $350,000 each by the end of this year. iWatch News has learned that the bundlers were also told they were expected to pull in the same amount next year— an extraordinary $700,000 per bundler over the course of the president’s re-election effort.

And the bundlers have responded. Two fundraisers confirmed to iWatch News that when the Obama campaign releases its list of bundlers on Friday, a number of individuals will be listed as having already raised more than $500,000.

Some of these bundlers are going even further. At least two fundraisers, Hollywood mogul Jeffrey Katzenberg and hedge fund executive Orin Kramer, who raised over $500,000 each in 2008, have also been working to raise unlimited donations for two outside groups that were created earlier this year by a pair of ex-White House aides to help the President win re-election. (The outside groups are Priorities USA and Priorities USA Action which raised between $4 million and $5 million in their first two months of operation enroute to a goal of $100 million).

The early and aggressive fundraising by the Obama campaign, the DNC and outside groups underscores how the money chase for the next election is expected to far outpace the fundraising frenzy of 2010.

Or this;

The Wall Street gamblers that Obama and his wife carped about on the campaign trail were shoveling money to his campaign hand over fist. According to the Center for Responsive Politics, hedge funds and private equity firms donated $2,992,456 to the Obama campaign in the 2008 cycle. Obama, erstwhile critic of the campaign finance practice known as “bundling,” happily accepted more than $200,000 in bundled contributions from billionaire hedge-fund manager James Torrey, more than $100,000 in bundled contributions from billionaire hedge-fund manager Paul Tudor Jones and more than $50,000 in bundled contributions from billionaire hedge-fund manager Kenneth C. Griffin, chief executive officer of Citadel Investment Group in Chicago.

By comparison, multi-house dweller and Evil Republican Rich Guy John McCain received $1,699,525 from the industry—that’s more than forty percent less than Obama took.

Or this;

And internal Democratic National Committee documents acquired by the Times reveal that “high-dollar fundraisers have been promised access to senior White House officials in exchange for pledges to donate $30,400 personally or to bundle $300,000 in contributions ahead of the 2010 midterm elections.” Yup, they’re just haggling over the price.

And you're saying the likes of Ron Paul are the ones who the corporations want in power...

Top 5 Industries, 2009-2010, Campaign Cmte

Industry Total Indivs PACs
Real Estate $21,650 $11,650 $10,000
Health Professionals $15,100 $12,100 $3,000
Retired $12,540 $12,540 $0
Oil & Gas $9,350 $7,350 $2,000
Misc Finance $8,600 $8,600 $0

[Faith No More]

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And Min, as good as you are at pointing out the corporatism in the Republican Party I can't help but notice you haven't picked up on stuff like this;

The Obama campaign, in a joint effort with the Democratic National Committee, earlier this year asked about 450 leading fundraisers to bring in $350,000 each by the end of this year. iWatch News has learned that the bundlers were also told they were expected to pull in the same amount next year— an extraordinary $700,000 per bundler over the course of the president’s re-election effort.

And the bundlers have responded. Two fundraisers confirmed to iWatch News that when the Obama campaign releases its list of bundlers on Friday, a number of individuals will be listed as having already raised more than $500,000.

Some of these bundlers are going even further. At least two fundraisers, Hollywood mogul Jeffrey Katzenberg and hedge fund executive Orin Kramer, who raised over $500,000 each in 2008, have also been working to raise unlimited donations for two outside groups that were created earlier this year by a pair of ex-White House aides to help the President win re-election. (The outside groups are Priorities USA and Priorities USA Action which raised between $4 million and $5 million in their first two months of operation enroute to a goal of $100 million).

The early and aggressive fundraising by the Obama campaign, the DNC and outside groups underscores how the money chase for the next election is expected to far outpace the fundraising frenzy of 2010.

Or this;

The Wall Street gamblers that Obama and his wife carped about on the campaign trail were shoveling money to his campaign hand over fist. According to the Center for Responsive Politics, hedge funds and private equity firms donated $2,992,456 to the Obama campaign in the 2008 cycle. Obama, erstwhile critic of the campaign finance practice known as “bundling,” happily accepted more than $200,000 in bundled contributions from billionaire hedge-fund manager James Torrey, more than $100,000 in bundled contributions from billionaire hedge-fund manager Paul Tudor Jones and more than $50,000 in bundled contributions from billionaire hedge-fund manager Kenneth C. Griffin, chief executive officer of Citadel Investment Group in Chicago.

By comparison, multi-house dweller and Evil Republican Rich Guy John McCain received $1,699,525 from the industry—that’s more than forty percent less than Obama took.

Or this;

And internal Democratic National Committee documents acquired by the Times reveal that “high-dollar fundraisers have been promised access to senior White House officials in exchange for pledges to donate $30,400 personally or to bundle $300,000 in contributions ahead of the 2010 midterm elections.” Yup, they’re just haggling over the price.

And you're saying the likes of Ron Paul are the ones who the corporations want in power...

Top 5 Industries, 2009-2010, Campaign Cmte

Industry Total Indivs PACs
Real Estate $21,650 $11,650 $10,000
Health Professionals $15,100 $12,100 $3,000
Retired $12,540 $12,540 $0
Oil & Gas $9,350 $7,350 $2,000
Misc Finance $8,600 $8,600 $0

---

Yeah, the Democrats are slutty assholes too. But right now in America, as it has been for some time, you have to vote for the asshole you think is going to fuck you the least. I don't really care for the Democratic party, but the fact that I despise their opponents more than just about anything on this planet keeps me voting for them. Every year I say I'm not going to vote as a personal protest, but the thought of living under another jackass conservative Republican motivates me to get to the polls.

[theVOID]

Yeah, the Democrats are slutty assholes too. But right now in America, as it has been for some time, you have to vote for the asshole you think is going to fuck you the least. I don't really care for the Democratic party, but the fact that I despise their opponents more than just about anything on this planet keeps me voting for them. Every year I say I'm not going to vote as a personal protest, but the thought of living under another jackass conservative Republican motivates me to get to the polls.

Yeah that's a real concern, it's why I advocate individual sovereignty over pervasive democracy.

[Minimalist]

The Obama campaign, in a joint effort with the Democratic National Committee, earlier this year asked about 450 leading fundraisers to bring in $350,000 each by the end of this year. iWatch News has learned that the bundlers were also told they were expected to pull in the same amount next year— an extraordinary $700,000 per bundler over the course of the president’s re-election effort.

Oh, so you expect the dems to bend over and present their assholes to your republicolibertarianazi pals without a fight? Maybe you want them to supply their own KY Jelly, too?

The dems are FAR from perfect but at least they pay lip service to the idea that some of these rich motherfuckers should pay their share instead of merely fucking over the elderly, students, the unemployed and disabled war veterans.

Don't whip out your violin for me, Void. You haven't got a chance of selling me on how good your corporate cocksucker buddies are.

[Faith No More]

Yeah that's a real concern, it's why I advocate individual sovereignty over pervasive democracy.

I do like the concept of individual sovereignty, but only as using it complimentary to what I see as necessary functions of the government. At the risk of sounding like a liberal parrot, I don't trust corporations not having a watchful government eye over them.