This is the face of American political corruption. This is outrageous. A Congressman solicits Wall Street for money so he can stay in office to protect their interests while duping the public.
It doesn't get worse than this, except, maybe if you have your own bank that goes belly up.
Representative Joe Baca
Where are the ethics investigations here? This is profound cronyism and conflict of interest. There isn't much difference between this and putting money in a freezer. Seriously.
This is nothing short of influence peddling on both the electorate side and the legislative side. They are buying their votes and deceiving the public all the way to the bank !
No. No. This is not honest dealings and it certainly isn't honest government.
Unless one is corrupt, DISCLOSURE isn't all that has to take place here. This is outrageous. Disclosure has become the 'latest' and 'greatest' American scam, huh? I don't think so.
...“It’s great,” (click title to entry - thank you) said Laura Goodloe, 36, as she watched her 8-year-old son, Jordan, play at the arena in San Bernardino, Calif., where the Baca Foundation offered a free basketball clinic last month. “He is giving back to the community.”
But unlike most private foundations, Mr. Baca’s gets little of its money from its founders’ pockets. Instead, local companies and major corporations that have often turned to Mr. Baca’s Washington office for help, and usually succeed in getting it, are the chief donors.
A review by The New York Times of federal tax records and House and Senate disclosure reports found at least two dozen charities that lawmakers or their families helped create or run that routinely accept donations from businesses seeking to influence them. The sponsors — AT&T, Chevron, General Dynamics, Morgan Stanley, Eli Lilly and dozens of others — contribute millions of dollars annually in gifts ranging from token amounts to a check for $5 million...
