Wednesday, February 4, 2009

Black cloud descends on Washington

The White House's nominee for Director of the Central Intelligence Agency, Leon Panetta [pictured above], has earned more than $700,000 in speaking and consulting fees since the beginning of 2008, with some of the payments coming from troubled banks and an investment firm that owns companies that do business with federal national security agencies.

Mr. Panetta received $56,000 from Merrill Lynch & Co. for two speeches and $28,000 for an Oct. 30, 2008 speech for Wachovia Corp. Both firms suffered big losses last year and were acquired by larger banks.

Mr. Panetta reported receiving a $60,000 "Governmental Advisor Fee" from the Pacific Maritime Association, which represents the shipping industry. The group lobbies the federal government regarding terrorism laws that affect shipping. http://network.nationalpost.com/np/blogs/posted/archive/2009/02/04/236718.aspx

Daschle, who is not a lawyer, was being paid a million dollars a year by a law firm. As what? Not a lobbyist -- at least, not officially. But it's safe to say that he wouldn't have been offered that sinecure if he hadn't been such a powerful senator. Daschle has juice. He could talk to people, take positions, speak authoritatively. He was an important man who, it goes without saying, needed to have a car and driver at his disposal. In just two years after leaving the Senate, he made something like $5.3 million.... http://voices.washingtonpost.com/postpartisan/2009/02/tom_daschle_a_creature_of_the.html?hpid=opinionsbox1

Just two weeks after his historic inauguration ceremony, Obama's presidency is lurching towards failure, and not because three of his administration picks have been found to be tax cheats, but because nearly all of his administration picks are corporate whores and shills.    http://www.opednews.com/articles/Small-Change-Obama-s-Betr-by-Dave-Lindorff-090204-344.html

At no period in American history has our democracy been in such peril or has the possibility of totalitarianism been as real. Our way of life is over. Our profligate consumption is finished. Our children will never have the standard of living we had. And poverty and despair will sweep across the landscape like a plague. This is the bleak future. There is nothing President Obama can do to stop it. It has been decades in the making. It cannot be undone with a trillion or two trillion dollars in bailout money. Our empire is dying. Our economy has collapsed....    http://www.alternet.org/workplace/125192/it%27s_not_going_to_be_ok/