Maybe we should make members pass a quiz on the contents of bills before they're allowed to vote. Case in point: the bonus exemption in the Stimulus Bill that AIG executives took advantage of. Where it came from and how it got into the bill is a mystery:
In an interview with CNN, Dodd denied inserting that exemption at the 11th hour, and insisted he doesn't know how it got there."When I wrote the language there was no such language like that," Dodd told CNN Tuesday.
Multiple Senate Democratic leadership sources also deny knowing how the exemption ...
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World Bank says protection on the rise
The Washington Post reports on a new World Bank study (a summary is here) showing that 17 members of the G20 had enacted measures to limit imports. The Post writes,
The report underscores a "worrying" trend toward protectionism as countries rush to shield their ailing domestic industries during the global economic crisis. It comes one day after Mexico vowed to slap new restrictions on 90 U.S. products. That action is being taken in retaliation against Washington for canceling a program that allowed Mexican truck drivers the right to transport goods across the United States, illustrating the tit-for-tat responses that ...Continue reading
BankTracker debuts at Investigative Reporting Workshop
I've been doing some Webinars over the past few days for reporters to show off some features of SubsidyScope.com for looking at bailout data from Treasury and the FDIC. One of the things I keep telling them is that lots of groups are looking at this data, building tools for parsing and analyzing it, and they should stay tuned.
Today I got to offer an incredibly vivid example of that: the Investigative Reporting Workshop released its BankTracker project, which uses FDIC data to answer the question, "how safe is your bank?" Wendell Cochran is heading up the effort ...
Continue readingMuckety maps PMA Group giving
There have been lots of different ways of slicing PMA Group contributions from Congressional Quarterly and the Center for Responsive Politics (see here too). Now Muckety looks at the web of connections of top PMA Group lobbyist Paul Magliocchetti. From CQ's analysis, Muckety begins by noting:
In addition to Magliocchetti, nine of his relatives - two children, his daughter-in-law, his current wife, his ex-wife and his ex-wife's parents, sister and brother-in-law - donated a total of $1.5 million to political campaigns in that nine-year period, according to the analysis.
The map is interactive; click the names to navigate it ...
Continue readingDodd’s tbd fundraising reception
Facing what looks like a tougher-than-expected reelection effort, Sen. Christopher Dodd has a fundraiser scheduled for tomorrow evening, March 18, at a location "TBD." (click the link to see the invite) Dodd is asking "hosts" to pony up $10,000 (PACs will be the hosts, and they'll be asked to give $5,000 for the primary and $5,000 for the general election, maxing out in March for an election twenty months away. To be a co-host, a PAC can contribute $5,000, while individuals can get in the door (which door?) for a mere $1,000 ...
Continue readingGrassley seeks lobbyist disclosure for tariff bills
It's been a while since I've looked at tariffs, but, as CongressDaily notes, they're back in the news (well, at least inside the beltway):
fter a high-profile fight over earmarks in the omnibus appropriations bill, another front in that battle is shaping up to be a huge package of tariff breaks on imported goods being cobbled together by the House Ways and Means Committee.Senate Finance ranking member Charles Grassley wants to add the name of each lobbyist or individual proponent to the hundreds of individual tariff and duty suspensions Congress might consider, often of benefit to ...
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A few questions for Sen. Dodd
This weekend, the august Sunday Times reported on Sen. Christopher Dodd's Irish "cottage":
John Moore, an Irish business partner of Downe's, also lobbied Galway county council to approve a planning application by Dodd to extend and renovate the property soon after it was bought in 1994.Moore said: I didn't write to the council on behalf of Edward Downe. I was involved with Galway Chamber of Commerce at the time and had got to know Senator Dodd. I asked the council to look favourably on his planning application because I thought he might be able to help ...
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Another guilty plea in Abramoff case
Roll Call's Jennifer Yachnin reports:
Former Senate aide Ann Copland pleaded guilty in federal court Tuesday to one count of conspiracy to commit fraud, acknowledging she accepted more than $25,000 in gifts including tickets to sporting events and concerts from disgraced lobbyist Jack Abramoff and his associates.Copland, a longtime aide to Sen. Thad Cochran (R-Miss.) who left in 2008 to join Mississippi Public Broadcasting, has agreed to cooperate with Justice Department attorneys in their long-running investigation into lobbying activities on Capitol Hill. Copland is among the 18 individuals, including the incarcerated Abramoff, to be charged with wrongdoing ...
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Dodd’s Dealings Illustrate Holes in Financial Disclosure
Via InstaPundit comes this commentary from the Hartford Courant by Kevin Rennie, an attorney who writes a weekly column for the paper, on Sen. Chris Dodd's real estate deals. The Senate Ethics Committee is already looking at his mortgage with Countrywide Financial (more details here); Rennie writes that other Dodd properties might be worth looking into:
It was reported here two weeks ago that Downe's real estate development partner, William "Bucky" Kessinger of Kansas City, Mo., purchased a 1,700-square-foot home in Ireland with Dodd in 1994 for $160,000. Downe's name appeared on the transfer document ...Continue reading
Visclosky endorses some form of action on PMA Group
A friend passes on this story:
U.S. Rep. Pete Visclosky, D-1st, was expecting the House to take some sort of action later today with respect to an inquiry into The PMA Group, the Washington, D.C., lobbying firm reportedly under investigation by the FBI.PMA has contributed tens of thousands of dollars to Visclosky's campaign committee, as have many of its clients, for some of whom Visclosky has secured millions of dollars in federal contracts.
I have been urging the House leadership to open an inquiry into PMA, Visclosky told the Chesterton Tribune today. I am encouraged that ...
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