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The Daily Muck
National Republican Congressional Committee staffer Christopher J. Ward was the golden boy of the Right's fundraising efforts. He handled more than $360 million at the committee since 2003. Now he is the subject of an FBI embezzlement inquiry. (New York Times)
Legislation spearheaded by the Senate Armed Services Committee will attempt to shift the influence defense contractors like Blackwater have acquired overseas. Yet news of these efforts has caused the defense companies to counteract, deploying a massive lobbying effort to sway legislators to reconsider shutting the private contractors down. (Politico)
Rep. Ron Paul's campaign for president is still going ... in case you weren't aware. The fully functional campaign staff is at the forefront of his continued push. And as FEC reports show, he's literally keeping the family together. (Washington Post)
The Government Accountability Office releases a report today detailing the federal program Customs-Trade Partnership Against Terrorism that monitors port safety. The report has assessed U.S. ports vulnerable to the smuggling of cargo containers, worrying congressional leaders of the possibility of terrorist activity. (CNN)
American Prospect chronicles the push-pull between big business and one of the basic and often taken-for-granted aspects of human life: clean drinking water. (American Prospect)
Former Congressman Curt Weldon has been subject of an ongoing investigation into the possible steering of business to his daughter's lobbying firm. The Federal Election Commission now reports Weldon has transferred $10,000 in funds from his campaign contributors to his legal effort. (Harper's)
The House Committee on Energy and Commerce is looking into allegations that some private U.S. testing laboratories held back sub-standard food samples in order to allow certain importers to pass inspection. (Chicago Tribune)
Jimmy Faircloth, an executive counsel to Louisiana Gov. Bobby Jindal (R), advised the Coushatta Indian tribe to invest $30 million in a wounded Israeli tech firm. The Coushattas, who fell prey to lobbyist Jack Abramoff's promises of gambling windfalls in recent years, are struggling to see a financial return from the investment. (New Orleans Times-Picayune)
American businessman Morris Talansky has testified in court that he gave Israeli Prime Minister Ehud Olmert up to $150,000 in illegal campaign contributions. Olmert is under investigation for accepting $500,000 total in bribes before his election as prime minister. (Associated Press)
In light of the housing mortgage crisis, Sen. Chris Dodd (D-CT) says, "The SEC needs to function. We've got some huge issues out there." So Dodd led the push to confirm three nominees to the Securities and Exchange Commission despite calls from the former SEC Chairman Arthur Levitt to wait until a new president takes office in January. (Bloomberg)













The United Nations Human Rights Council lost a bid to call water a basic human right. I wrote a long piece on it. You can read it here:
http://livefrankly.wordpress.com/2008/05/01/water-its-not-for-everyone/
Water is a commodity. The fact that the human race cannot live without water and, as always, the poor will suffer (and die off) is meaningless.
As for Blackwater and their ilk, I hold such animosity and discontent towards those mercenary companies. I have a friend who is 20 years military and barely eeks out a living. He is considering going to a company like that. After 20 years in the military and reserves, he would walk into a Blackwater making four to five times what he makes in the military. How wrong is that?
Our tax dollars go to these mercenaries and the companies and their CEO's rake in billions in tax dollars...OUR MONEY!!, while the brave men and women who volunteer continue to get the shaft. They are mistreated in Iraq, they are mistreated when they come home. If they are damaged, they are tossed aside. If they manage to return in one piece, they are shafted in benefits.
Read all of the above pieces and almost all of them come down to one thing: Money.
Capitalism has been exported to the world and the masses will suffer.
May 27, 2008 12:12 PM | Reply | Permalink
And while I am dissing Blackwater, I continue to wonder if these people will be responsible for the war crimes that Bush et al will (eventually) be tried for.
If you haven't yet read this, please do. Bush Administration officials have been charged with war crimes.
I hope Eric Prince (CEO Blackwater) and his peers at KBR and the other War Inc-type companies will also face charges.
May 27, 2008 12:15 PM | Reply | Permalink
I'm sure Bear Stearns-friendly Senator Dodd wants those choices confirmed now instead of waiting for more Democrats int he Senate and likely a Democratic administration - that will want to actually investigate the Bear Stearns shenangigans. You just know there is something shady about that deal because it is so secretive - even though it involved public dollars.
Can we please elect better Democrats that are not so cozy with Wall Street.
May 27, 2008 4:17 PM | Reply | Permalink