Wash DC Corrupt: Part 1

Watching the November 6th 2011 broadcast of CBS’s 60 Minutes, interview of Jack Abramoff, I was shocked with the reality I feared to be true: large corporations, political and industry associations, through lobbyists, have bought and paid for those we have elected to represent us in Washington. If you don’t remember who Jack is, he is the former lobbyist and businessman sentenced to several years in prison. Listen to the interview yourself to see if you conclude or wonder if all politicians are or will eventually become corrupt Jack Abramoff: The lobbyist’s playbook.

I don’t agree with a lot of what is being said by the Occupy Wall Street crowd, no one really does. But when corruption and injustice of those in power, have so much power, those lacking integrity will often prevail over those of honor in politics and industry. When this condition exists for a long time, and during economic recessions like we are experiencing now, isn’t protest inevitable when the rich continue to get richer?  Interestingly, some have actually contributed to the recession, may have financially benefited from it?  Now seems to be the time to put severe limits on the lobbying industry.

2 thoughts on “Wash DC Corrupt: Part 1

  1. Duran Mullins

    I agree with OWS on two demands for Congress that that seek to address accountability on the part of the wealthy:

    1. PASS THE BUFFETT RULE ON FAIR TAXATION

    2. CLOSE TAX LOOP HOLES AND ENACT A PROHIBITION ON HIDING FUNDS OFF SHORE

    I read today that Swiss banks are FINALLY cooperating with the US by helping to uncover persons who have hid their income at the expense of other US taxpayers. Long overdue!

    Reply
  2. Kent Post author

    I like the idea of lowering corporate taxes to similar those of many other countries, amnesty to move money back to our shores, increase tax incentives and provide support to invest/expand business and start new businesses.

    Reply

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