Wednesday, June 08, 2011

The rot is endemic......

You can't expect these whores in Washington to regulate or protect us from the corporations and Unions if they own their stocks, take their money or use their labor to get elected.

That's what causes the Empire to collapse. Nothing stops these entities from bidding up the price and then changing the rules mid stream as the highest bidder gets their payback. Eventually everyone loses confidence and the system grinds to a halt.

Oil prices high? Gas price ridiculous at the local pump? Blame it on Quantitative Easing from the Fed pouring money into the banks and gangsters on Wall Street and flooding the Commodities Future markets.

P.s, all the big shots in Washington are in on the scam. Click on the jump and read the whole article:

Candidates Scramble for Donors, AT&T Loves on Lawmakers' Charities And More in Capital Eye Opener: June 2 - OpenSecrets Blog | OpenSecrets
AT&T GIVES TO CONGRESS' PET CHARITIES: AT&T is following its own advertising slogan -- "stay connected"-- and applying it to politics.

The telecom giant has been donating significant money to many charities supported by key congressmen as it waits for federal approval of its merger with T-mobile, Politico reported. If approved, AT&T would become the largest wireless provider in the country.

Many of the charities that have received money from AT&T are affiliated with congressmen who have connections with the Federal Communications Commission.

AT&T, which is listed by The Center for Responsive Politics as a "heavy hitter," is not new to giving to congressmen. During the 2010 election cycle, people and political action committees associated with AT&T contributed $3.7 million to campaigns, and the company itself spent about $15 million on federal lobbying efforts.

And as of 2009, at least 68 lawmakers own AT&T assets, according to the Center's research. Sen. John Kerry (D-Mass.), a senior member of the Senate Commerce, Science and Transportation Committee, which has jurisdiction over the Federal Communications Commission, owns AT&T assets valued between $1.3 million and $1.6 million. New data on federal lawmakers' personal finances will be available later this month.

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