By Peter Schweizer
A bombshell research unearths how Washington particularly works: politicians extort cash from us, then use it to shop for every one other’s votes. Best-selling writer Peter Schweizer reveals:
*Obama’s "Protection Money": How the Obama management certain industries for felony research yet selected to not pursue key political donors.
*John Boehner’s "Tollbooth": How the Speaker of the home extracts cash by way of soliciting political donations earlier than he'll carry an important votes at the residence floor.
*The "Slush Fund": How politicians extract "campaign contributions" after which convert them to bankroll lavish life whole with limos, deepest jets, golfing at five-star hotels, positive wines, and money for kinfolk members.
*Capitol Hill’s "Underground Economy": How congressmen use a little-known loophole that permits them to secretly hyperlink their votes to cash.
Extortion eventually makes transparent why Congress is so dysfunctional: it’s all approximately earning profits, no longer making law.
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Extra info for Extortion: How Politicians Extract Your Money, Buy Votes, and Line Their Own Pockets
Was given its name by the local native Americans centuries ago. Potomac was the name of a local tribe. ” As journalists say, that latter meaning is a fact too good to check. ” And as ever, this is true. Outside interests, from labor unions to large corporations, are influencing and distorting our government in the search for favorable policies. , in order to get them. But a deeper, more sinister problem that has been overlooked better explains the dismal state of our national government: politics is corrupting money.
The practice is the same, but the payments have become much bigger. The extortion process with a milker bill occurs in steps. A congressman or a senator announces that he is gathering data on a certain subject and doing “prep work” on a particular piece of threatening legislation. He and his cosponsors consult with the Office of Legislative Counsel in the Capitol Building on how the bill should be drafted and reach out to fellow legislators to gather support. So far, so good. They also reach out to lobbyists, most especially former staffers who are now lobbyists, and let them know what is planned.
The chairman of that powerful committee in December 2011, Dave Camp, has represented a rural district north of Lansing, Michigan, on the Lower Peninsula since 1991. Camp regularly wins reelection with approximately two-thirds of the vote. ”37 Yet even with a safe seat, he works to raise funds, not a difficult task given his power over tax policy. 38 Much of it comes from milking those looking to extend tax credits or deductions. In December 2011, Camp kept it open whether tax extenders would be, well, extended.