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Pay to play

insinceredawginsinceredawg Member Posts: 5,117
Remember when this board had their pitchforks up for Clinton's pay to play? Can't wait to hear the spin and excuses for this:
http://www.businessinsider.com/companies-paid-michael-cohen-trump-statements-explanations-2018-5?r=UK&IR=T

Three corporations are facing questions on Wednesday after making large payments to a consulting firm linked to President Donald Trump's personal attorney Michael Cohen.

Novartis, a Swiss pharmaceutical firm; Korea Aerospace Industries, a South Korean defense contractor; and AT&T, the massive US telecom, all paid Cohen-linked Essential Consulting more than $150,000.
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Comments

  • 2001400ex2001400ex Member Posts: 29,457

    Remember when this board had their pitchforks up for Clinton's pay to play? Can't wait to hear the spin and excuses for this:
    http://www.businessinsider.com/companies-paid-michael-cohen-trump-statements-explanations-2018-5?r=UK&IR=T

    Three corporations are facing questions on Wednesday after making large payments to a consulting firm linked to President Donald Trump's personal attorney Michael Cohen.

    Novartis, a Swiss pharmaceutical firm; Korea Aerospace Industries, a South Korean defense contractor; and AT&T, the massive US telecom, all paid Cohen-linked Essential Consulting more than $150,000.

    it's clearly fake news.

    And it's definitely not relevant that AT&T was the first company to announce bonuses after the tax cut.
  • PurpleJPurpleJ Member Posts: 37,253 Founders Club
    Great link, as always.
  • RaceBannonRaceBannon Member, Swaye's Wigwam Posts: 105,790 Founders Club
    Hondo has claimed for years that Russia paid the Clinton's billions for uranium they didn't want to leave the country

    But this has legs.
  • insinceredawginsinceredawg Member Posts: 5,117


    Race's reaction anytime there's negative Trump news

  • RaceBannonRaceBannon Member, Swaye's Wigwam Posts: 105,790 Founders Club
    its not negative. Its not even news
  • PurpleJPurpleJ Member Posts: 37,253 Founders Club
    There's a link in the link! PROOF! IMPEACH!!!!1
  • insinceredawginsinceredawg Member Posts: 5,117

    Hondo has claimed for years that Russia paid the Clinton's billions for uranium they didn't want to leave the country

    But this has legs.

    The companies aren't denying they made the payments.

    Are you stupid enough to believe their explanations?

  • RaceBannonRaceBannon Member, Swaye's Wigwam Posts: 105,790 Founders Club
    When are you going to address why Trump just ass fucked Putin?

    And paying attorneys for access is something new? You're guessing some bad motive but you don't know shit. As usual

    Its called lobbying. Look it up. Everybody does it
  • RaceBannonRaceBannon Member, Swaye's Wigwam Posts: 105,790 Founders Club
    Overview
    Governments often define and regulate organized group lobbying[8][9][10][11] as part of laws to prevent political corruption and by establishing transparency about possible influences by public lobby registers.

    Lobby groups may concentrate their efforts on the legislatures, where laws are created, but may also use the judicial branch to advance their causes. The National Association for the Advancement of Colored People, for example, filed suits in state and federal courts in the 1950s to challenge segregation laws. Their efforts resulted in the Supreme Court declaring such laws unconstitutional.

    They may use a legal device known as amicus curiae, literally "friend of the court," briefs to try to influence court cases. Briefs are written documents filed with a court, typically by parties to a lawsuit. Amici curiae briefs are briefs filed by people or groups who are not parties to a suit. These briefs are entered into the court records, and give additional background on the matter being decided upon. Advocacy groups use these briefs both to share their expertise and to promote their positions.

    The lobbying industry is affected by the revolving door concept, a movement of personnel between roles as legislators and regulators and the industries affected by the legislation and regulation, as the main asset for a lobbyist is contacts with and influence on government officials. This industrial climate is attractive for ex-government officials. It can also mean substantial monetary rewards for the lobbying firms and government projects and contracts in the hundreds of millions for those they represent.[12][13]

    Impact
    Kellogg School of Management [14] found that political donations by corporations do not increase shareholder value.

    Lobbying by country
    Australia
    Over the past twenty years, lobbying in Australia has grown from a small industry of a few hundred employees to a multi-billion dollar per year industry. Lobbying has become a political fact of life and is now endemic in local, state, and federal government[contentious label]. It is not just the local councillors and state and federal politicians being lobbied.[editorializing] What was once the preserve of big multinational companies and at a more local level, property developers, for example Urban Taskforce Australia, has morphed into an industry that would employ more than 10,000 people and represent every facet of human endeavour.[15]

    Public lobbyist registers
    A register of federal lobbyists is kept by the Australian Government and is accessible to the public via its website.[16] Similar registers for State government lobbyists were introduced between 2007 and 2009 around Australia. Since April 2007 in Western Australia, only lobbyists listed on the state's register are allowed to contact a government representative for the purpose of lobbying.[17] Similar rules have applied in Tasmania since 1 September 2009[18] and in South Australia and Victoria since 1 December 2009.[19][20]

    European Union

    Wikimania 2009, results of the discussion about possible contents of European lobbying
    According to Austrian Member of the European Parliament ("MEP") Hans-Peter Martin, the value of lobby invitations and offers each individual MEP receives can reach up to €10,000 per week.[21]

    In 2003 there were around 15,000 lobbyists (consultants, lawyers, associations, corporations, NGOs etc.) in Brussels seeking to influence the EU’s legislation. Some 2,600 special interest groups had a permanent office in Brussels. Their distribution was roughly as follows: European trade federations (32%), consultants (20%), companies (13%), NGOs (11%), national associations (10%), regional representations (6%), international organizations (5%) and think tanks (1%), (Lehmann, 2003, pp iii).[22][23] In addition to this, lobby organisations sometimes hire former EU employees (a phenomenon known as the revolving door) who possess inside knowledge of the EU institutions and policy process [24] A report by Transparency International EU published in January 2017 analysed the career paths of former EU officials and found that 30% of Members of the European Parliament who left politics went to work for organisations on the EU lobby register after their mandate and approximately one third of Commissioners serving under Barroso took jobs in the private sector after their mandate, including for Uber, ArcelorMittal, Goldman Sachs and Bank of America Merrill Lynch. These potential conflicts of interest could be avoided if a stronger ethics framework would be established at the EU level, including an independent ethics body and longer cooling-off periods for MEPs.[24]

    In the wake of the Jack Abramoff Indian lobbying scandal in Washington D.C. and the massive impact this had on the lobbying scene in the United States, the rules for lobbying in the EU—which until now consist of only a non-binding code of conduct-—may also be tightened.[25]

    France
    But there is currently no regulation at all for lobbying activities in France and, as a consequence, this practice suffers from a lack of transparency[editorializing]. There is no regulated access to the French institutions and no register specific to France, but there is one for the European Union[26] where French lobbyists can register themselves.[27] For example, the internal rule of the National Assembly (art. 23 and 79) forbids members of Parliament to be linked with a particular interest. Also, there is no rule at all for consultation of interest groups by the Parliament and the Government. Nevertheless, a recent parliamentary initiative (motion for a resolution) has been launched by several MPs so as to establish a register for representatives of interest groups and lobbyists who intend to lobby the MPs.[28]

    Italy
    A 2016 study finds evidence of significant indirect lobbying of Berlusconi through business proxies.[29] The authors document a significant pro-Mediaset (the mass media company founded and controlled by Berlusconi) bias in the allocation of advertising spending during Berlusconi's political tenure, in particular for companies operating in more regulated sectors.[29]

    United Kingdom
    Main article: Lobbying in the United Kingdom
    United States
    Main article: Lobbying in the United States

    K Street NW at 19th Street in Washington D.C., part of downtown Washington's maze of high-powered "K Street lobbyist" and law firm office buildings.
    Lobbying in the United States describes paid activity in which special interests hire professional advocates to argue for specific legislation in decision-making bodies such as the United States Congress. Lobbying in the United States could be seen to originate from Amendment I of the Constitution of the United States, which states: Congress shall make no law…abridging the right of the people peaceably…to petition the Government for a redress of grievances. Some lobbyists are now using social media to reduce the cost of traditional campaigns, and to more precisely target public officials with political messages.[30]

    A number of published studies showed lobbying expenditure is correlated with great financial returns. For example, a 2011 study of the 50 firms that spent the most on lobbying relative to their assets compared their financial performance against that of the S&P 500 in the stock market concluded that spending on lobbying was a "spectacular investment" yielding "blistering" returns comparable to a high-flying hedge fund, even despite the financial downturn of the past few years.[31] A 2011 meta-analysis of previous research findings found a positive correlation between corporate political activity and firm performance.[32] Finally, a 2009 study found that lobbying brought a substantial return on investment, as much as 22,000% in some cases.[33]

    Foreign-funded lobbying efforts include those of Israel, Saudi Arabia, Turkey, Egypt, Pakistan, and China lobbies. In 2010 alone, foreign governments spent approximately $460 million on lobbying members of Congress and government officials.[34]

    Other countries
    Other countries where lobbying is regulated in parliamentary bills include:

    Canada: Canada maintains a Registry of Lobbyists.[35]
    Israel (1994)[36]
    India: In India, where there is no law regulating the process, lobbying had traditionally been a tool for industry bodies (like FICCI) and other pressure groups to engage with the government ahead of the national budget. One reason being that lobbying activities were repeatedly identified in the context of corruption cases. For example, in 2010 , leaked audio transcripts of Nira Radia. Not only private companies but even Indian government has been paying a fee every year since 2005 to a US firm to lobby; for ex. to the Indo-US civilian nuclear deal. In India, there are no laws that defined the scope of lobbying, who could undertake it, or the extent of disclosure necessary. Companies are not mandated to disclose their activities and lobbyists are neither authorized nor encouraged to reveal the names of clients or public officials they have contacted. The distinction between
    lobbying and bribery still remains unclear. In 2012, Walmart revealed it had spent $25 million since 2008 on lobbying to "enhance market access for investment in India." This disclosure, which came weeks after the Indian government made a controversial decision to permit FDI in the country's multi-brand retail sector.
  • insinceredawginsinceredawg Member Posts: 5,117
    Great copy paste job. Do you think that makes you look smart?
  • RaceBannonRaceBannon Member, Swaye's Wigwam Posts: 105,790 Founders Club
  • pawzpawz Member, Swaye's Wigwam Posts: 20,926 Founders Club



    New bored motto?


  • HardlyClothedHardlyClothed Member Posts: 937
    edited May 2018
    I like how Trump could have easily afforded a white shoe law firm like pretty much every other crooked billionaire but he’s so cheap that he settled on a Saul Goodman knock off who, through his hilarious incompetence, has landed Trump in major legal trouble.

    It’s also funny that these corporations thought that paying bribes to the world’s dumbest lawyer would provide any actual access.
  • DooglesDoogles Member, Swaye's Wigwam Posts: 12,591 Founders Club

    That’s insult to Harry and Lloyd IMO


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