Follow the Money - Money in Government

About: Who is getting Money & Who is Giving Money in Politics

In addition to Vote Smart website, Open Secrets does a decent job of displaying & threading the money going into campaigns & politics . Of interest recently is the Goldman Sachs lawsuit & it's sudden appearance suspiciously close to Obama's push for new government financial regulations.
...Well if you want to follow the money you can see who Goldman Sachs contributed to here.  Did GS buy themselves a painful rectal examination in public or will they benefit from the new regulations ?  or something else?  Here is the Open Secrets page referencing Obama & Goldman Sachs contribution of $994,795 to his presidential campaign through their PACs & other group/individual efforts.
This is a good argument for disconnecting the economic domain from the rights & legal (politics) domains in the sense of threefoldness.

Tags

  1. flushgov
  2. money in government
  3. threefoldness
  4. money

Comments


Mark de LA says
Obama's 4 contacts recently prior to the Goldman Sachs civil fraud charges are talked about here:
source: ...
...


Mark de LA says
~ details... details
Source: ... Obama supporters like to counter that Obama raised more money from small donors than any previous candidate for president, which is true. But Obama still needed large donors to fund his campaign. Obama implies that he won the presidency without much money from large donors, and the evidence does not support that. In fact, even if we set the bar for small donors higher -- if we stipulated that everyone who gave less than $1,000 was a small donor -- that still means 43 percent gave more. And the interviewer, John Harwood, was correct when he said Obama got about $1 million from employees of Goldman Sachs; the nonpartisan Center for Responsive Politics puts the number at $994,795.

Obama's skill at raising money from small donors for the 2008 campaign was significant. But Obama was also skilled at raising money from large donors. His statement was, "the vast majority of the money I got was from small donors all across the country." That's not the case. Only 32 percent of his general election money came from people who gave $200 or less. We rate his statement False.
...



Seth says
Seems to me that the administration's targeting Goldman for fraud flys in the face of this complaint.  But, yeah, never let a chance to rag on Obama go by without jumping on the band wagon.


Mark de LA says
seth 2010-04-23 11:15:29 13672
Seems to me that the administration's targeting Goldman for fraud flys in the face of this complaint.  But, yeah, never let a chance to rag on Obama go by without jumping on the band wagon.

The dynamics of the situation seem to be that in the beginning Obama's demonizing of Wall Street (otherwise a zip code) enables his quick reform package through Congress before anyone, including Congress reads it. In the end what actually happens to Goldman Sachs & what kind of pain or benefit they draw from the reform package needs to be scrutinized.  Obama & the White house claim no collusion with the SEC, OTOH it is pretty clear to those who are his appointees & fellow travelers in the media what has to done to please him. Plausible deniability is what kept Bill C & Hillary out of jail.
 BTW, do you want some K-Y with that blue ass of yurs?

Mark de LA says
WashTimes: (Pruden): ... The president, in a speech in California, let us in on what these Washington-Wall Street tete-a-tetes might be about:

"[The minority leader] paid a visit to Wall Street a week or two ago," he said, "and met with some of the movers and shakers up there. I don't know exactly what was discussed. All I can tell you is when he came back, he promptly announced he would oppose the financial-regulatory reform."

Mr. Obama's slashing personal attacks on his opponents, accusing them of cynicism for doing what he does, demonstrate the community activist at work. His constant running off to make another speech, together with his toxic vitriol aimed at his opponents, is the homage he pays to Saul Alinsky and the Rev. Jeremiah A. Wright Jr., his Chicago tutors in how to demonize anyone who gets in the way of his scheme to remake America as it never was.
Once upon a time Washington pols worried about "perceptions," the idea that if something looked bad and smelled bad it probably was bad. Perceptions are not so important now, with Washington awash in slush the color of money.
...Once a politician makes known his M.O. & what he/she/it wants done it is not hard for the mind-numbed robots (or the faithful followers) to take action without an audit trail to embarrass them or cause jail or impeachment to show up in their future. Only Bill Clinton was foolish enough to lie about sex - he got away with all the rest.


Mark de LA says
For an interim perspective on the Goldman Sachs scapegoating read this.
source: ...

But it is hard to argue that Goldman's hedging made the crisis worse. Many, many other things take precedence over greed: government policies that encouraged shoddy lending and excessive consumer debt, lax monetary policy, ratings agencies that handed out AAA labels like dime store candy, regulators who were out to lunch or watching porn. If anything, a proliferation of shorts was the first sign that something had gone terribly wrong in the housing sector.

However, rather than accept that the crisis had many causes and many agents, Congress seems determined to pin the blame on a single investment bank. This is called scape-goating, and it's as American as apple pie. Shifting blame happens whenever Americans make a collective decision that they regret. In 2003, a bipartisan consensus about the dangers of Saddam Hussein, terrorists, and weapons of mass destruction drove the United States to invade Iraq and depose Saddam. But by 2007, when the Iraq war was at its bloodiest, you would've been forgiven for thinking that the only individuals who had supported military action were those dreaded neocons.

...

Mark de LA says
The SUPERPAC - this was apparently the outcome of campaign finance reform of McCain-Feingold I'm guessing.  There are some very nice details in the link provided with more drill-down details.



Mark de LA says
... & then there's the quid pro quo of money:
TWS: ...

Access to the Obama White House is in direct correlation to the amount of money donated to the president's reelection effort and the Democratic party, the New York Times reports today.

The Times reports: "those who donated the most to Mr. Obama and the Democratic Party since he started running for president were far more likely to visit the White House than others. Among donors who gave $30,000 or less, about 20 percent visited the White House, according to a New York Times analysis that matched names in the visitor logs with donor records. But among those who donated $100,000 or more, the figure rises to about 75 percent. Approximately two-thirds of the president’s top fund-raisers in the 2008 campaign visited the White House at least once, some of them numerous times."

... Is access bribery?


Mark de LA says
https://www.politico.com/magazine/story/2017/11/02/clinton-brazile-hacks-2016-215774  – how Hillary became the candidate.  
Then too there is all that money to the Clinton Foundation via Uranium One
Transparency is the key. Campaign Finance Reform was/is a joke!  In politics law makers & law breakers will do what they do & let the people complain after they are firmly seated back in the swamp!

Mark de LA says
Conversation forked to thought 24677

See Also

  1. Thought Nice Metaphor for ThreeFolding with 3820 viewings related by tag "threefoldness".
  2. Thought Inquiry: The nature of an individual to a group. with 279 viewings related by tag "threefoldness".
  3. Thought Crisps up LOA! with 79 viewings related by tag "money".
  4. Thought We The People ... Want Transparency in our Government with 65 viewings related by tag "threefoldness".
  5. Thought Existence - Alan Watts with 46 viewings related by tag "money".
  6. Thought Excursion into Threefoldness with 46 viewings related by tag "threefoldness".
  7. Thought Money is not Valuable with 45 viewings related by tag "money".
  8. Thought RFC: Planning sub domain growth for thinking.live with 37 viewings related by tag "threefoldness".
  9. Thought Alex Grey's performance art with 37 viewings related by tag "money".
  10. Thought Money as a Vote - SELECTIVE SPENDING with 20 viewings related by tag "money".
  11. Thought The Threefold "Social Question" with 20 viewings related by tag "threefoldness".
  12. Thought Threefoldness ... with 19 viewings related by tag "threefoldness".
  13. Thought Land & Capital in Threefoldness with 17 viewings related by tag "threefoldness".
  14. Thought Threefoldness Updated with 14 viewings related by tag "threefoldness".
  15. Thought One Hundred Years: In Recognition of Rudolf Steiner’s Threefold Commonwealth with 12 viewings related by tag "threefoldness".
  16. Thought Slow Money with 12 viewings related by tag "money".
  17. Thought Threefold in the World with 12 viewings related by tag "threefoldness".
  18. Thought MO Kool-Aid References with 7 viewings related by tag "flushgov".
  19. Thought Democrats fight Republicans with 7 viewings related by tag "money".
  20. Thought LILIPOH with 7 viewings related by tag "threefoldness".
  21. Thought Kings & Queens with 5 viewings related by tag "flushgov".
  22. Thought Processes or breaking down & building up with 5 viewings related by tag "threefoldness".
  23. Thought A Synergy of Individuals with 5 viewings related by tag "threefoldness".
  24. Thought Liberty! -vs- the Burden of Government with 4 viewings related by tag "flushgov".
  25. Thought Threefold Froggies with 4 viewings related by tag "threefoldness".
  26. Thought Today There is no Source for the Unvarnished NEWS ! with 4 viewings related by tag "money".
  27. Thought Threefold Stuff with 4 viewings related by tag "threefoldness".
  28. Thought July 4 - 238 Year Old Country FOR SALE with 3 viewings related by tag "money in government".
  29. Thought Bringing Principles & Being into the World with 3 viewings related by tag "threefoldness".
  30. Thought Dictatorship of Impersonal Economy by Pope Francis with 2 viewings related by tag "money".
  31. Thought Financial Institutions Sucking the life out of our Economy with 2 viewings related by tag "money".
  32. Thought WTF with 2 viewings related by tag "money".
  33. Thought Badge with 2 viewings related by tag "threefoldness".
  34. Thought Normalization for bitcoin with 2 viewings related by tag "money".
  35. Thought Threefold Now with 2 viewings related by tag "threefoldness".
  36. Thought Let them eat Urinal Cake, eh? with 1 viewings related by tag "flushgov".
  37. Thought The Real Problem - Expansion & Contraction with 1 viewings related by tag "threefoldness".
  38. Thought What do we associate to what? with 1 viewings related by tag "threefoldness".
  39. Thought Chimera - history with 1 viewings related by tag "threefoldness".
  40. Thought about: Prosper: The online marketplace for people-to-people lending with 0 viewings related by tag "money".
  41. Thought [title (18723)] with 0 viewings related by tag "money".
  42. Thought Politics for a Billion with 0 viewings related by tag "money".
  43. Thought A Giant Step in the Right Direction with 0 viewings related by tag "flushgov".
  44. Thought about: resource-based economy - occupyconcepts with 0 viewings related by tag "money".
  45. Thought Politics with 0 viewings related by tag "threefoldness".
  46. Thought Let them eat CAKE! with 0 viewings related by tag "flushgov".
  47. Thought about: bankers will take $5 trillion from american economy over the coming decade – boing boing with 0 viewings related by tag "money".
  48. Thought New Coin - TSUBAMA with 0 viewings related by tag "flushgov".
  49. Thought Reboot Time! with 0 viewings related by tag "flushgov".
  50. Thought #GrosseLugie with 0 viewings related by tag "threefoldness".