Posts Tagged scott brown goldman sachs
Today in Democracy At Its Best: After Watering Down Financial Reform, Ex-Senator Scott Brown Joins Goldman Sachs’ Lobbying Firm
It’s a good thing that corruption only exists in places like India and Mexico and not in this wonderful, democratic and free country where everyone – rich or poor, powerful or not, is held to the same standards and where the rule of law applies to all of us. A country where our officials
are held to the highest ethical standards with respect to stocks they can own in which companies as well as their employment options post government service – and I used the term service as it pertains to our government officials quite loosely as the only service they are engaging in is that of enriching their own pockets.
It is no coincidence that nearly half of Congress are millionares.
Case in point: Senator Scott Brown from Massachusetts. During his nearly three years in the U.S. Senate, Brown, much like most of his colleagues, frequently came to the aid of the financial sector — watering down the Dodd-Frank bill and working to weaken it after its passage — and accepted hundreds of thousands of dollars in campaign cash from the industry. Now, the man Forbes Magazine called one of “Wall Street’s Favorite Congressmen” will use those connections as counsel for Nixon Peabody, an international law and lobbying firm.
The Boston Globe noted Monday that while Brown himself will not be a lobbyist — Senators may not lobby their former colleagues for the first two years after leaving office, under the Honest Leadership and Open Government Act of 2007 (HA!!! Hahahahahahahahahah — speak of your token legislation) “he will be leaning heavily on his Washington contacts to drum up business for the firm.” The position will also allow him “to begin cashing in on his contacts with the financial services industry, which he helped oversee in the Senate.”
Oversee the Senate. I am so glad that the honest leadership and open government act of 2007 has been put in place so that now former Senators can take on new jobs where they use their connections to oversee the Senate – like it was a private equity firm and not one of the governing bodies of this oh so democratic nation. It is especially reassuring that they have to wait a whopping two years to do so.
Among the lobbying clients represented by Nixon Peabody is Goldman Sachs, the Wall Street behemoth that skirted the Dodd-Frank rules . Brown received $10,000 in PAC contributions from Goldman and more than $100,000 in contributions from its employees.
Transparency, accountability and integrity have never looked so profitable and patriotic.
Wave the flag everyone. The American Dream is at works here.
India, China and all those other corrupt countries with corrupt leaders who enrich their pockets at the expense of the people who elected them and entrusted them with representing their interests as opposed to that of banks and corporations have a huge lesson to learn from how we do things in this country. Now with the Honest Leadership and Open Government Act of 2007 in place and the fact that a Senator has to wait a whole two years to go work for the people he helped while he was in office – killing the time by going on long, expensive vacations, remodeling one of their mansions, building a bowling alley or recreational room possibly and attending soirees thrown by the likes of Lloyd Blankfein. – we are in doubly good hands and all set.
Imagine the hardship and the test of endurance this requires of one. Two whole years of doing nothing but spending the money you amassed being the representative of Wall Street and at the backs of those who entrusted you with their vote – vacationing partying, spending, remodeling. It’s a hard knock life. I know.
I am also very glad that someone like Bradley Manning, who exposed crimes committed by this government, is considered a traitor who will spend the rest of his life in prison, while folks like Scott Brown are considered upright patriots who get to enjoy all the freedom they can get to spend all the money they amassed at the back of this country and its citizens.
I am glad it is clear whose actions are treasonous and whose patriotic.
The American Dream never looked so good. So come to our shores…