Legalized bribery — a stable source of income congressmen and senators in the U.S.

Aerial mansion in northwest Washington worth several million dollars belonging to former Sen. Tom Daschle. In 2008, Daschle reported salary as an unregistered lobbyist in excess of 2.1 million dollars per year in addition to the hundreds of thousands of dollars in fees for consulting and "action."

Sold profitably. If you — the corporation or lobbyist how best to "buy" a member of Congress? Secretly to promise him a million dollars or more if they come to you to work after the expiry of staying in Congress. After the choice of the people makes a deal and agrees to work, promoting a company or corporation after leaving office, he or she is loyal to his future employer. And since these transactions are concluded in secret, legislators are free to make laws, ordinances special tax cuts or decision that will benefit future employer, and thus they do not need to report to the public. 

Unlike other forms of income, politicians do not have to disclose information about negotiations for a job, as they hold their positions, not necessarily to show how much they will be paid after they leave from his post. In many cases, these arrangements redraws the laws by which we are forced to live. Example. Senator Judd Gregg, Republican of New Hampshire, in recent years, Congress struggled with reforms that would make the derivatives market more transparent. As soon as he ceased to be a member of Congress, he became a member of the Board of Directors of the Company, trading in derivatives, and "advisor" Goldman Sachs. Trade in risky derivatives increased the financial crisis of 2008, but we are bound hand those laws, which were written with Gregg. How much did he get for this transaction? Did the relationship with his future employers to his actions in the legislature?

Republic Report carefully looked over the few available data to figure out how much money lawmakers receive after selling and lobbying interests for which they once saw as statesmen. Of course, this list shows only the tip of the iceberg (of 44 lawmakers who left the post in 2010 for a career related to lobbying, only one working in the organization, which opened it receives salary).

We managed to find the partial salaries of twelve lobbyists from former lawmakers. Investigation Republic Report found that the average salary of legislators increased by 1,452% compared to last year when they took office in Congress:


Byshy Rep. Billy Tauzin (R-Louisiana) received $ 19,359,927 as a lobbyist for pharmaceutical companies between 2006 and 2010. Tauzin left the members of Congress in 2005, soon after adopted the proposed law by President Bush to expand the list of prescription drugs paid for by the budget. His firm has hired PhRMA, union, lobbying the interests of Pfizer, Bayer and other pharmaceutical companies. During the debate over health care reform former congressman helped the association to block a proposal that allowed the Medicare program to haggle over the price of drugs, which was a major concession that expands the possibilities of action adopted by the scheme due to Tauzin drug purchasing program for Medicare. In late 2010, Tauzin retired from PhRMA. In that year, he was paid $ 11 million. Compared to income that Tauzin received in the last year in Congress, in the final year tenure as head of PhRMA his salary increased by 7110%.

Former Congressman Cal Dooley (D-California) from 2005 to 2009 as a lobbyist for manufacturers of food and chemicals received at least $ 4,719,093. Republic Report reviewed the available information, the Grocery Manufacturers Association, the industrial lobby, acting in the interests of companies like Kellogg, where Dooley worked after leaving Congress. We also add on to that salary that Dooley received from the American Chemistry Council, where he currently holds the position of President. This Council represents the interests of Dow Chemical, DuPont and other chemical companies. Compared with last year as a congressman Dooley's salary has increased by 1,357% in 2009.

Former Senator Chris Dodd (Democrat of Connecticut) is about $ 1.5 million a year as the chief lobbyist for the film industry. Dodd resigned from Congress in 2010 and was hired by the cinematic Association of America, the union lobbyists who serve the interests of the major film studios such as Warner Bros. and Universal Studios. Although the association does not confirm the exact salary Dodd SMIukazyvayut by $ 1.5 million, slightly higher than the previous received head of the association, the former Minister of Agriculture Dan Glickman. After retiring from the post in lobbying lawmakers salary Dodd increased by 762%.

Former Congressman Steve Largent (R-Oklahoma) has received more than $ 8,815,741 over many years, a lobbyist for a coalition of businesses and cell phones for the benefit of wireless companies. Republic Report analyzed the data disclosed by CTIA — The Wireless Association, a trade group, led by Largent. CTIA Wireless includes such companies as AT & T, HTC and Motorola. Largent left Congress in 2002, when its officers salary was approximately $ 150,000. His transition to work in the trade association CTIA, where he earned more than $ 1.5 million a year according to the latest data, increased his salary by 912%.

Former Sen. Tom Daschle (D-South Dakota) has an income of more than $ 2.1 million a year as an unregistered lobbyist, in addition to the hundreds of thousands of dollars in fees for consulting and "performance". When Daschle lost his seat in the Senate, he got a job at the lobby law firm Alston & Bird, and also provided advice such as lobbying firm Glover Park Group, AHIP, the lobbying association of health insurance, and several private equity firms and companies selling health equipment. Although Daschle was never registered as a lobbyist, his sky-high profits become known to the public that President Obama failed appointed former leader of the Democratic majority for the post of Minister of Health and Welfare. Now Daschle works in DLA Piper, another leading law firm lobby, where he probably earns a lot more than $ 2.1 million in the Alston & Bird, providing substantial proposals to advance President Obama's health reform. Apart from the fees for speaking, the salary Daschle increased by 1,228% only changes resulting access.

Former Congressman Richard Baker (R-Louisiana) received $ 3,219,255 for the years 2008 and 2009, staying as head of hedge fund association lobbying. Republic Report reviewed the data from the Office of the Funds Association, a group representing hedge funds such as Caxton Associations, Magnetar Capital and Third Point LLC. In Congress, as a member of the influential House Committee on Financial Services, Baker oversaw efforts to weaken state regulation of Wall Street. Salary Baker increased by 956% after he left Congress.

Former Congressman Jim Slattery (D-Oklahoma) receives about $ 585,000 a year as a lobbyist Wiley Rein. Slattery left Congress in 1994 to run for higher office, and lost. Then he got a job at the lobby law firm Wiley Rein. When Slattery again took part in the 2008 election against Senator Pat Roberts (Republican of Kansas), the disclosure of financial information Slattery revealed that he received $ 585,000 in 2007, representing clients Verizon Communications and Nucor Corp. In comparison with the salary of congressman in 1994, the income Slattery in 2007 as a lobbyist Wiley Rein, jumped by 337%.

Former Congressman James Greenwood (Democrat of Pennsylvania) has received $ 6,679,935 for the period of 2005 to 2010. as the head of the Biotechnology Industry Organization (BIO — Biotechnology Industry Organization). Greenwood took a job at BIO in 2004 and still heads the association, which lobbies for a wide range of issues in the interests of this industry, and in particular — the genetically modified food and biofuels. In BIO includes companies such as Amgen, MedImmune, Novo Nordisk, Genentech and Human Genone Sciences. Greenwood's salary in 2009 rose to 671%, after the transition from the Congress in BIO.

Former Congressman Glenn Inglish (D-Oklahoma) has received $ 9,294,207 for the period from 2004 to 2010. as head of the National Rural Electric Cooperative Association (NRECA — National Association of Rural Electric Cooperatives,). Inglish represents many coal-dependent electric companies, and in 2009 played a significant role in weakening the legislative reforms to protect the climate. Since Inglish became head of NRECA since 1994, at Republic Report had access only to the data over a six year period. Comparing his salary congressman in 1994 and his salary lobbyist in 2009, indicates an increase in revenue for 1504%.

Former Congressman Steve Bartlett (R-Texas) has received more than $ 9,192,761 as the chief lobbyist for the association of investment banks, including Goldman Sachs, Citigroup and JP Morgan Chase. Bartlett worked as the head of a trade association with the Financial Services Roundtable 1999. Republic Report was able to get only the data of recent years, and we have an incomplete picture of his salary. Salary Bartlett in the Financial Services Roundtable to 1770% higher, than in the last year of his work in Congress.

Former Congressman Matt Salmon (R-Arizona) gets about $ 247,523 a year as a registered lobbyist. Salmon, who left Congress in 2001, represents corporate clients such as General Motors and the University of the Grand Canyon (Commercial College) he founded a lobbying firm Upstream Consulting Inc. (Although the growth of its income is lower than most "resourceful party lobbyists" at Salmon has support in the face of the firm with the original name.) When Salmon again announced his intention to run for Congress, Republic Report was able to familiarize yourself with the income data. The report shows that in addition to the firm, Salmon received consulting fees from the Policy Impact Strategic Communicators, another lobbying firm, as well as nearly $ 50,000 a year from a company called Solid Ground Solutions. In the Policy Impact Strategic Communicators Salmon represents the republic Kaz

Former Senator Gordon Smith (R-Oregon) has received more than $ 1,650,005 in 2009 as a lobbyist for the media broadcasting industry. Smith — President of the National Association of Broadcasters (NAB — National Association of Broadcasters) — the trade group, which includes companies such as News Corp and Time Warner. Republic Report was unable to get access to the data for NAB 2011. Last known Smith's salary is lobbying for 742% more, than his salary in the Senate in 2008.

Source

Translation

Like this post? Please share to your friends: