Crony capitalism targeted after book release, recent reports

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  • Grundle West Jordan, UT
    Dec. 6, 2011 10:19 a.m.

    Wow...This should be the most commented story on this site. Truly we cannot persevere as a nation when the motivations of those in power are so base...This is heart wrenching!

  • Mountanman Hayden, ID
    Dec. 3, 2011 9:34 a.m.

    Screwdriver. GWB took NO money Solyndra. Nice try though!

  • DeltaFoxtrot West Valley, UT
    Nov. 30, 2011 9:18 a.m.

    The only thing that can fix the rotten mess that is the Federal Government is a Constitutional Convention.

    The Federal Govt. will never act to reform itself or give up power, because that is counter to its goals. The States have the ability to rewrite the Constitution, they just need to be fed up enough with the crap that goes on in DC to do it.

    A large all powerful central govt. is one of the things our founding fathers feared the most. Yet 200 odd years after this nation was founded that is exactly what we have.

  • SME Kearns, UT
    Nov. 30, 2011 7:00 a.m.

    The 60 Minute story focusing only on republicans, is more proof of media bias.

    Energy secretary Chu is simply a liar, so is any member of congress who claims that campaign donations don't affect their behavior.

    I don't think that the influence of money can be removed from politics. The solution rather is to force congress to be hands-off on a great many things. If congress isn't involved, there will be no incentive for company lobbyists to pay them.

  • Brother Chuck Schroeder A Tropical Paradise USA, FL
    Nov. 29, 2011 11:35 p.m.

    Congress has fewer ethical restrictions than either journalists or bankers. Sen. Scott Brown, R-Mass., has filed a bill called the Stop Trading on Congressional Knowledge (STOCK) Act, which would make it illegal for Congressional officials and their staffs to use private information about pending bills to make investment decisions. ("BUT WHAT ABOUT THEIR SPOUSE, KIDS, RELATIVES, CLOSE FRIENDS, NEIGHBORS ETC. that they pass this info off onto and also get a kick back loophole's?.) Brown's bill currently has six cosponsors, including Sens. Roy Blunt, R-Mo., Saxby Chambliss, R-Ga., Susan Collins, R-Maine, Dean Heller, R-Nev., Marco Rubio, R-Fla., and Olympia Snow, R-Maine. In addition to possible Congressional insider trading, Obama campaign backers and bundlers. In the Department of Energy 1705 government-backed-loan program, which focused on alternative-energy projects, that $16.4 billion of the $20.5 billion in loans granted as of Sept. 15 went to companies either run by or primarily owned by Obama financial backers. The Department of Energy's inspector general testified that the contracts were steered to "friends and family."

    Patriot Act's money laundering provisions, where are they today?.

    Rep. Michael Oxley removed a provision involving money laundering

  • Florien Wineriter Cottonwood Heights, UT
    Nov. 29, 2011 6:38 p.m.

    These practices are intolerable. Every present member of both the house and the senate should be voted out of office, democrats and republicans.

  • Rocket Science Brigham City, UT
    Nov. 29, 2011 4:30 p.m.

    I am going to e-mail my representatives and ask them the sign on, support and lobby for passage of the STOCK bills. I hope everyone else will do so as well.

    There is no way that insider trading should be allowed by members of either house. They can put their money in a blind trust like others do when they enter situations where their knowledge and influence would give an unfair advantage. I am tired of elected officials being above many of the laws they impose on everyone.

    To Screwdriver - I think the point is well taken that cronyism is shared in equally acrossed the isle. It needs to stop and is another important factor in controlling the deficit.

  • Screwdriver Casa Grande, AZ
    Nov. 29, 2011 3:45 p.m.

    Solendra also gave money to George Bush under whom the paperwork started for the loans. They always forget to mention that...