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Posts Tagged ‘oversight’

(H/T to Driftglass.)

Halliburton Pours Money Into Campaigns Of Congress Members Who Will Investigate Oil Spill. Gee, I Wonder Why.

Crooks and Liars- By Susie Madrak Thursday Jun 03, 2010 1:30pm

Just when you think Halliburton couldn’t be any more blatant, and Congress members couldn’t be any more corruptible, it gets worse. No, we don’t need publicly funded campaigns! Nope:

As Congress investigated its role in the doomed Deep Horizon oil rig, Halliburton donated $17,000 to candidates running for federal office, giving money to several lawmakers on committees that have launched inquiries into the massive spill.

Gee, I wonder why. Do you suppose they simply want them to let them know there’ll be no hard feelings if they should find Halliburton at fault in some way? I’m sure it’s something like that.

The Texas-based oil giant’s political action committee made 14 contributions during the month of May, according to a federal campaign report filed Wednesday — 13 to Republicans and one to a Democrat. It was the busiest donation month for Halliburton’s PAC since September 2008.

Of the 10 current members of Congress who got money from Halliburton in May, seven are on committees with oversight of the oil spill and its aftermath.

They just want them to know they’re behind them 100% as they do their jobs!

Halliburton’s political contributions in May are the highest they’ve been since September 2009, when the PAC also gave $17,000 in donations. In fact, the last time the company gave more than $17,000 in one month was when it donated $25,000 during the heat of the presidential campaign in September 2008.

I’ve often told people that instead of the netroots funding candidates, I’d rather see all that money go to hiring our own lobbying firm. Because then we could pay them off, too: to be honest.

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Billions Dished Out in the Shadows

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Robert Scheer | Truthdig | March 3, 2009

This is crazy! Forget the bleating of Rush Limbaugh; the problem is not with the quite reasonable and, if anything, underfunded stimulus package, which in any case will be debated long and hard in Congress. The problem is with what is not being debated: the far more expensive Wall Street bailout that is being pushed through—as in the case of the latest AIG rescue—in secret, hurried deal-making primarily by the unelected secretary of the treasury and the chairman of the Federal Reserve.

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Fed Refuses to Release Bank Lending Data, Insists on Secrecy, Says it Isn’t Subject to FOIA Law

cryptogon.com | Thursday, March 5, 2009

HA. Bloomberg is trying to apply FOIA to the Federal Reserve. Well, to those of you who still believe that the Fed is part of the U.S. Government, pay close attention:

The Board of Governors contends that it’s separate from its member banks, including the Federal Reserve Bank of New York which runs the lending programs. Most documents relevant to the Bloomberg suit are at the Federal Reserve Bank of New York, which the Fed contends isn’t subject to FOIA law. The Board of Governors has 231 pages of documents, which it is denying access to under an exemption under trade secrets.

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