Politicians Who Changed Portfolios 166 Times Within Two Days

Disgraceful:

Boehner is one of 34 members of Congress who took steps to recast their financial portfolios during the financial crisis after phone calls or meetings with Paulson; his successor, Timothy F. Geithner; or Federal Reserve Chairman Ben S. Bernanke, according to a Washington Post examination of appointment calendars and congressional disclosure forms.

The lawmakers, many of whom held leadership positions and committee chairmanships in the House and Senate, changed portions of their portfolios a total of 166 times within two business days of speaking or meeting with the administration officials. The party affiliation of the lawmakers was about evenly divided between Democrats and Republicans, 19 to 15.

Throw them all out.  They don’t work for us. They work for themselves and throw us a crust now and then to distract or appease us.  WE don’t owe a thing to politiicans in office.

Our ‘Elected’ have formed to themselves an interest completely separate from that of the voters, the people they are supposed to represent. We don’t actually have a representative government at all, not by the standards set by the Founders.

The real problem, as I keep saying (and I am not alone) is not rich Americans, per se. It’s definitely not business people- I’m not defending Big Business and all that goes wtih it, I am just point out they are a result, not a cause.  The cause? . It’s a government that is no longer a representative Democracy (or Republic), a government very much in the business of picking winners and losers, a government that interferes with the free market by rewarding failure (bailouts, Solyndra, GM) and punishes success, and so creates a climate where it is financially prudent for company representatives to buy political favor from the politicians who willingly give that favor to those who lobby them, to wine and dine them.   The willingness of politicians to meddle where they have no Constitutional authority, to sell their votes to the sweetest bidders- this creates a toxic climate where it’s actually financially irresponsible for company representatives to hold themselves above the fray and refuse to lobby politicians.

We can’t fix this by taking money from CEOs of businesses- that’s a symptom and not a cause.  We only change the faces of the buyers, and it’s the sellers we need to put out of business.  The sellers are holding high office in D.C.   Yes,  it’s a bad thing when businesses co-opt taxpayers’ funds through corporate welfare and increased regulation, but they can’t do that without the willing participation and support of the politicians.  Businesses do not control the purse strings of government and the regulatory environment.  They only tickle the ears and palms of the politicians, who have real control.

Over a hundred years ago we abandoned free markets and embraced crony capitalism, which is as bad as socialism. Remove and/or severely restrict the politicians ability to pick winners and losers in business and return to a truly free market system (which, again, we haven’t actually had for over a hundred years), and ‘Corporatism’ goes away.

What we have here are all the conditions Thomas Paine described nearly 250 years ago as those conditions which indicate that a representative government has ceased to represent the people it’s supposed to represent:

It is no longer a ‘representative’ government here because  if (quoting verbatim from Common Sense) the ELECTED

“form to themselves an interest separate from the ELECTORS, prudence will point out the propriety of having elections often; because as the ELECTED might by that means return and mix again with the general body of the ELECTORS in a few months, their fidelity to the public will be secured by the prudent reflection of not making a rod for themselves. And as this frequent interchange will establish a common interest with every part of the community, they will mutually and naturally support each other…”

Our ELECTED have long since formed an interest to themselves separate from the ELECTORS.  The primary interest of the elected is now merely getting reelected and solidifying their own power,  perks, and portfolios.

 

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One Comment

  1. 6 arrows
    Posted June 26, 2012 at 4:16 pm | Permalink

    “The willingness of politicians to meddle where they have no Constitutional authority…”

    Boy, is there ever way too much of that. It’s why my husband and I and our adult son have voted for the Constitution party candidate whenever we’ve had the chance and will gladly do so again every opportunity we have.

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