More political haymaking in Congress

[bobabode]

http://www.washingtonpost.com/politi...wpisrc=al_excl

Or is it called featherbedding.....

[merrylander]

Originally Posted by bobabode

http://www.washingtonpost.com/politi...wpisrc=al_excl

Or is it called featherbedding.....

It is simply a way for the corporations to bribe members of Congress. Instead of trying to explain how that extra $100,000 appeared in your bank account they now have the excuse, it was a stock trade.

[CarlV]

Carl

[HatchetJack]

This lobbying deal is not what some of you think it is, us bribing the lawmakers?
Yeah right, you think we enjoy sending cash to these buzzards? Think about that.

[Boreas]

Originally Posted by HatchetJack

This lobbying deal is not what some of you think it is, us bribing the lawmakers?
Yeah right, you think we enjoy sending cash to these buzzards? Think about that.

Poor baby!

John

[bobabode]

Originally Posted by HatchetJack

This lobbying deal is not what some of you think it is, us bribing the lawmakers?
Yeah right, you think we enjoy sending cash to these buzzards? Think about that.

Yeah in most circles it's called insider trading and a felony.
You're of the libertarian persuasion, right Jack?

[Boreas]

Originally Posted by bobabode

Yeah in most circles it's called insider trading and a felony.

Slightly worse, actually. Usually, a case of insider trading revolves around acting on some sort of confidential information that tells you in advance of something that will affect the value of a stock. What Congress does is create those conditions. That allows them to buy a stock prior to an increase that they set in motion or to set in motion things which will enhance the value of stocks they already own.

John

[merrylander]

Originally Posted by HatchetJack

This lobbying deal is not what some of you think it is, us bribing the lawmakers?
Yeah right, you think we enjoy sending cash to these buzzards? Think about that.

We don't hire the lobbyists, corporations and even foreign governments do the hiring.

Now they say lobbying is covered by the First, really? I would think that whenever the Constitution uses the word "people" they mean citizens or lawful residents, not Abu Dhabi.

[HatchetJack]

You guys can spin it however you like but the truth is most business owners
are threatened by our wonderful left or right depending on what the business is.
So you have to hire a lobbyist or create a pac to pay one side to protect
you from the other side. Then when the day is over they split it up on the
golf course between the three of them. Don't think for a minute that's not
how it works. It's not right, but it is what it is.

[BlueStreak]

Oh, COME ON!

Of course business owners protect their interests. That's why the rest of us should too.

And NO! A business owners interests and mine are NOT always one and the same. Actually, the older I get and the more I see, the more I am coming to believe that they are RARELY the same.