“Known as a stickler for the rules on competition, Ms. Greenhouse initially received stellar performance ratings…But her reviews became negative at roughly the time she began objecting to decisions she saw as improperly favoring Kellogg Brown & Root, he said. Often she hand-wrote her concerns on the contract documents, a practice that corps leaders called unprofessional and confusing.” Via a colleague in the department, an Army contracting official is demoted for questioning no-bid contracts given to Halliburton, proving once again that Cheney conservatism has less to do with competition or capitalism than it does sheer, unmitigated cronyism.
Tag: Corporate Welfare
Down Dives Dubya.
Bush’s poll numbers, low since early summer, just keep on plummeting and might soon reach Carter-like proportions. Somehow, I don’t think calling the Iraq War the moral equivalent of WWII is going to stem the tide. Nor, I’ll hazard, will his making it easier for his corporate cronies to pollute at will. But hey, keep trying, guys. Update: Slate‘s Fred Kaplan blows further holes in the WWII analogy.
Powered by Pork.
“‘This bill digs us deeper into a budget black hole,’ said Sen. Russ Feingold (D-Wisc.) ‘It fails to decrease our dependence on foreign oil. It rolls back important consumer protections. And finally, it undermines some of the fundamental environmental laws that our citizens rely upon.'” By a vote of 74 to 26, the Senate passes a grotesquely pork-inflated energy bill that’s riddled with tax breaks for energy companies and devoid of anything that’ll actually help minimize our need for oil. Great job, fellas.
Under the Gun.
“The Senate put off until fall completing a $491 billion defense bill in order to act this week on the National Rifle Association’s top priority: shielding gun manufacturers and dealers from liability suits stemming from gun crimes.” Well, that sounds much more important than our troops overseas, doesn’t it? Looks like Catkiller Frist is shoring up the freakshow base for 2008 at the expense of the American people again. Where’s the outrage? Update: The bill passes 65-31.
Feeding at the Trough.
“The number of registered lobbyists in Washington has more than doubled since 2000 to more than 34,750 while the amount that lobbyists charge their new clients has increased by as much as 100 percent.” One thing you can say about Dubya’s tenure in the White House — It’s been gold rush days for corporate lobbyists. Among the cats getting fat in the GOP influence-peddling industry of late are Casino Jack Abramoff and DeLay flunky Michael Scanlon, who, as it turns out, had a special “gimme five” relationship they used to scam their clients and fraudulently line their pockets. Give ’em five-to-ten. Update: Tim Noah has more.
Cox the Corporate Cog.
So, apparently Rep. Chris Cox (R-CA), Dubya’s new pick to head the SEC, is — wait for it — yes, yet another right-wing freakshow, this time of the corporate stooge variety. “Mr. Cox – a devoted student of Ayn Rand, the high priestess of unfettered capitalism – has a long record in the House of promoting the agenda of business interests that are a cornerstone of the Republican Party’s political and financial support. A major recipient of contributions from business groups, the accounting profession and Silicon Valley, he has fought against accounting rules that would give less favorable treatment to corporate mergers and executive stock options. He opposes taxes on dividends and capital gains. And he helped to steer through the House a bill making investor lawsuits more difficult.”
Morally Bankrupt, pt. II.
Even as the fundies rattle the leash, the House moves to placate the GOP’s real masters by approving the corporate-friendly bankruptcy bill 302-126. “Its passage by Congress is a victory for executives in the credit card, retail and auto financing industries who have pushed it for nearly a decade.” But, not to worry, y’all — the base is protected: The bill “preserve[s] loopholes that enable wealthy individuals who file for bankruptcy to shield unlimited amounts of money in complex trusts and in multimillion-dollar homes in states including Texas and Florida.”
Puppets of Industry.
“Fortune 500 companies that invested millions of dollars in electing Republicans are emerging as the earliest beneficiaries of a government controlled by President Bush and the largest GOP House and Senate majority in a half century…Bush and his congressional allies are looking to pass legal protections for drug companies, doctors, gun manufacturers and asbestos makers, as well as tax breaks for all companies and energy-related assistance sought by the oil and gas industry.” In the stating the obvious department, the Washington Post discovers the Republicans are in the thrall of corporate power.
“Morally Bankrupt.”
“So what does the bill do? It makes it harder for average people to file for bankruptcy protection; it makes it easier for landlords to evict a bankrupt tenant; it endangers child-support payments by giving a wider array of creditors a shot at post-bankruptcy income; it allows millionaires to shield an unlimited amount of equity in homes and asset-protection trusts; it makes it more difficult for small businesses to reorganize while opening new loopholes for the Enrons of the world; it allows creditors to provide misleading information; and it does nothing to rein in lending abuses that frequently turn manageable debt into unmanageable crises. Even in failure, ordinary Americans do not get a level playing field.” Salon‘s Arianna Huffington ably dissects the GOP bankruptcy legislation currently making its way through Congress. Update: It passes the Senate, with the help of 18 Dems. For shame.
Class Dismissed.
“‘It’s a bill that’s going to significantly harm small consumers who want to hold large companies accountable for defrauding them,’ said Frank Clemente, director of the Congress Watch division of the consumer group Public Citizen.” So guess which side Dubya and the GOP were on? In the name of “tort reform” (and at the behest of their corporate overlords), the Senate GOP pass the Class Action Fairness Act, which moves state class action suits into the (less favorably disposed) federal court system. They did so after gunning down a series of Democratic amendments that tried to strike a more stable balance between private power and public accountability. Or would it have been too litigious to exempt cases brought by state attorneys general? We wouldn’t want some aspiring Mr. Smith cutting in to Old Man Potter’s profit margin, now, would we?