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Wednesday, November 2, 2011

The Great American Shakedown

The Great American Shakedown

By Lawrence Weschler
Tom Dispatch.com
November 02, 2011

In the U.S., corruption is seldom “corruption.”

Take as an example our president, who has been utterly clear:
he will not take money for his electoral campaign from lobbyists.

Only problem: according to the New York Times, 15 of his top
“bundlers,” who give their own money and solicit that of others
none registered as federal lobbyists -- are “involved in lobbying
for Washington consulting shops or private companies,” and they
are raising millions for him.

They also have access to the White House on policy matters.

According to a June report from the Center for Public Integrity,
“President Obama granted plum jobs and appointments to almost
200 people who raised large sums for his [2008] presidential
campaign, and his top fundraisers have won millions of dollars in
federal contracts.”

The president’s spokespeople insist, of course, that he’s kept to his promise, as defined by the labyrinthine lobbying legislation written by a Congress filled with future lobbyists.

And keep in mind that Obama looks like Little Mary Sunshine compared to the field of Republican presidential candidates who seem determined to campaign cheek to jowl with as many lobbyists as they can corral.

More than 100 federal lobbyists have already contributed to Mitt Romney’s campaign, while Rick Perry has evidently risen to candidate status on the shoulders of Mike Toomey, a former gubernatorial chief of staff, friend, and money-raising lobbyist whose clients “have won $2 billion in [Texas] state government contracts since 2008.”

And that’s just the tip of the top of the iceberg.

None of this is “corruption,” of course, just a pay-to-play way of life, which extends to the military-industrial complex and a Pentagon that has spent a mere $1 trillion in the last decade purchasing new weapons to “modernize” its arsenal.

In the meantime, every top civilian official, general, or admiral
there knows that some weapons company awaits him with (so
to speak) open arms, whenever he decides to spin through the
revolving door into "retirement" and the private sector.

The results are stunning.

Arms giant Lockheed Martin paid out $12.7 million in lobbying
fees in 2010. Its CEO took home $21.89 million that year. And
the company just reported third-quarter net earnings of $700
million, beating the expectations of analysts, and predicts
more of the same for 2012.

Advantage Lockheed.

Similarly, the government's top economic advisors regularly come from (and/or end up in/return to) the arms of banks and giant financial outfits, the very firms which pour money into political campaigns.

It’s but another version of the same cozy, well-organized world
in which, for example, Robert Rubin spun from Goldman Sachs
into the government as Bill Clinton’s Secretary of the Treasury
in the 1990s, then out again to Citigroup, which he then helped
run into the ground until it was bailed out on such generous
terms in November 2008.

In those years, he made an estimated $126 million.

Advantage Rubin.

Just remember though, it’s not corruption. It’s just the way
our world works.

Get used to it.

http://www.tomdispatch.com/post/175461/tomgram%3A
_lawrence_weschler%2C_the_great_american_shakedown/

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