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Bernie Sanders talking about Wall Street... (Original Post)
Playinghardball
Nov 2014
OP
aspirant
(3,533 posts)1. Here's are DEMOCRATIC SOCIALIST,GO GET'UM
pansypoo53219
(20,955 posts)2. wall street is a casino + the house ALWAYS wins.
RiverLover
(7,830 posts)3. A $300 Billion Example of How Corporations Control Our Government
Senator John McCain (R-AZ) sits on the Senate committees on foreign relations, armed services, and homeland security. Senator Dick Durbin (D-IL) sits on the Senate subcommittee for defense appropriations. Collectively, these four committees are responsible for funding arms sales and foreign aid, the continued maintenance and development of the military, oversight for government contracts, and the allocation of the budget for the defense department. Through these four committees, $300 billion in taxpayer dollars, which is roughly $2000 per taxpayer, went to private military contractors in 2013.
These defense contractors were able to secure lavish contracts only through their extensive lobbying efforts, like hiring expensive lawyers with existing connections in government. The Hogan Lovell law firm, where Chief Justice John Roberts previously worked before joining the Supreme Court, explicitly boasts on its website about its expertise in helping corporate clients worm their way through the regulatory system:
Our interdisciplinary practice brings together lawyers with the corporate, commercial and regulatory experience to assist our clients in capitalizing on opportunities and avoiding pitfalls. we know how to guide you through procurement and regulatory minefields as well as how to protect your interests effectively in disputes and government investigations. Our clients include some of the largest and most established aerospace, defense, and government services companies in the U.S., Europe and the Middle East.
Justice Antonin Scalia also came from a law firm that lobbies for some of the biggest military contractors. Jones Day law firms client list includes war profiteers like Bechtel, General Electric, and Verizon. Scalia worked in Jones Days Cleveland office before Ronald Reagan appointed him to the Supreme Court. So what happens when veterans of law firms specializing in corporate lobbying make it all the way to the Supreme Court?
In 2010, both Scalia and Roberts voted to establish money as speech in the Citizens United vs. FEC decision, which allowed for corporations to spend unlimited amounts of money influencing elections.
http://readersupportednews.org/opinion2/277-75/24465-a-300-billion-example-of-how-corporations-control-our-government
These defense contractors were able to secure lavish contracts only through their extensive lobbying efforts, like hiring expensive lawyers with existing connections in government. The Hogan Lovell law firm, where Chief Justice John Roberts previously worked before joining the Supreme Court, explicitly boasts on its website about its expertise in helping corporate clients worm their way through the regulatory system:
Our interdisciplinary practice brings together lawyers with the corporate, commercial and regulatory experience to assist our clients in capitalizing on opportunities and avoiding pitfalls. we know how to guide you through procurement and regulatory minefields as well as how to protect your interests effectively in disputes and government investigations. Our clients include some of the largest and most established aerospace, defense, and government services companies in the U.S., Europe and the Middle East.
Justice Antonin Scalia also came from a law firm that lobbies for some of the biggest military contractors. Jones Day law firms client list includes war profiteers like Bechtel, General Electric, and Verizon. Scalia worked in Jones Days Cleveland office before Ronald Reagan appointed him to the Supreme Court. So what happens when veterans of law firms specializing in corporate lobbying make it all the way to the Supreme Court?
In 2010, both Scalia and Roberts voted to establish money as speech in the Citizens United vs. FEC decision, which allowed for corporations to spend unlimited amounts of money influencing elections.
http://readersupportednews.org/opinion2/277-75/24465-a-300-billion-example-of-how-corporations-control-our-government
progressoid
(49,951 posts)4. Rec!
MissDeeds
(7,499 posts)5. Wow!
Give 'em hell, Bernie!
K&R