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  1. #1
    Atomic Punk bklynboy68's Avatar
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    Default CONGRESS ON RED ALERT FOR 60 MINUTES EXPOSÉ OF D.C. CORRUPTION

    Members of Congress and their staffs are on red alert tonight for a CBS 60 Minutes investigation by veteran CBS reporter Steve Kroft and Government Accountability Institute (GAI) President and Breitbart News Senior Editor-at-Large Peter Schweizer exposing how lawmakers convert campaign donations into lavish lifestyle upgrades for themselves and their family members.

    Sources say top CBS executives thought the report was so explosive that they made it the show’s lead story and delayed airing it for another week in order to capture tonight’s much larger NFL-viewing audience. The report features selected revelations from Schweizer’s forthcoming book, Extortion: How Politicians Extract Your Money, Buy Votes, and Line Their Own Pockets.

    The 60 Minutes joint investigation by Kroft and GAI President Peter Schweizer airs tonight on CBS.



    “I’m under a publisher embargo right now and can’t say much,” Schweizer told Breitbart News. “But suffice it to say, President Obama and some members of Washington’s Permanent Political Class are not going to like what we uncovered and the kinds of personal enrichment and self-dealing exposed in Extortion.”

    To prevent early leaks of the book’s contents, publisher Houghton Mifflin made bookstore managers sign legal affidavits saying they would not shelve Extortion until the book’s official Tuesday, October 22 launch date. The book, which contains a staggering 35 pages of source materials totaling over 600 endnotes, is chock-full of revelations and never-before-released documents on top Washington figures, says Houghton Mifflin.

    According to the publisher’s description, the new book “reveals vast new areas of corruption in our political system” and contains “eye-opening revelations on every page,” while opening “a whole new battlefield in the great war to fix what’s wrong with our government.”

    In 2011, Kroft and Schweizer teamed up for a 60 Minutes investigation based on Schweizer’s New York Times bestseller, Throw Them All Out. The results rocked official Washington, as the exposé revealed that Rep. Nancy Pelosi (D-CA) was given insider access to the Visa credit card IPO, wherein she made a 50% profit on her investment in just two days. The report also alleged that Rep. Spencer Bachus (R-AL) engaged in insider trading, prompting an ethics investigation and Bachus stepping down from his chairmanship of the Financial Services Committee. Schweizer’s book ultimately led to passage of the STOCK (Stop Trading On Congressional Knowledge) Act banning congressional insider trading. Throw Them All Out was “the book that started the STOCK Act stampede,” reported Slate.

    Schweizer, a noted conservative and fellow at the Hoover Institution at Stanford University, has gained a national reputation for his bipartisan corruption investigations, attacking Democrats and Republicans alike. Earlier this year, progressive Comedy Central host Jon Stewart of the Daily Show featured Schweizer in a segment on the STOCK Act wherein Stewart criticized Congress for watering down the bill Schweizer’s book helped pass.

    Schweizer and GAI worked with 60 Minutes for six months on tonight’s program. On Friday, CBS hosts Charlie Rose and Norah O’Donnell sat down with Kroft to discuss the soon-to-air report. O’Donnell called GAI’s Peter Schweizer one of “the top campaign finance watchdogs” in America.
    Last edited by bklynboy68; 10.20.13 at 03:26 PM.
     "He has a swaggering retro machismo that will give hives to the Steinem cabal" -Camille Paglia on Donald Trump

    "Make way for the bad guy"- Tony Montana

    'This hamburger don't need no helper"- David Lee Roth

    "I wish Bon Jovi would've given me a call before he recorded all of his hits, because the lyrics would've been smarter, the melodies would've been much more smashing, and they would've sold a lot fewer records." -David Lee Roth

    "My beef is people thinking Bon Jovi is good cuz they sold lots of records to housewives." -tango

    "But being number one doesn’t really mean jack fuck all. We sold twice as many records as other records that year (1984) that landed in the Number One position." ~Eddie Van Halen

  2. #2
    Atomic Punk edwardv's Avatar
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    As good as this report sounds and I hate to give CBS any credit for anything nothing is going to change as long as we do not have term limits, gerrymandering of districts, pork barrel spending, and lobbyists who cross the line for everything from solar panels to mortgages. Good luck getting rid of those.
    EVH 1979: Well, actually it's not much of a vacation, because we run everything ourselves. We design our own album cover, we have to be in the office every day to sign checks - the whole corporation revolves around us. Nothing can be done without our approval. We even have photo approval.

  3. #3
    ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ Number 47's Avatar
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    It wasn't as scathing as I expected. Loopholes baby... loopholes.

  4. #4
    Atomic Punk bklynboy68's Avatar
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    Default EXTORTION—Speaker Boehner Collected ‘Tollbooth Fee’ Before Key Votes

    An explosive new book alleges Speaker John Boehner (R-OH) collected over $200,000 in donations from executives and companies just days before holding votes on three bills of critical importance to their industries.

    The new revelations come on the heels of calls by prominent conservatives like Sean Hannity for Boehner to be replaced as Speaker of the House.

    Government Accountability Institute President Peter Schweizer’s book, Extortion: How Politicians Extract Your Money, Buy Votes, and Line Their Own Pockets, calls the vote scheduling donation extraction maneuver the “tollbooth” strategy.

    “You pay money at a tollbooth in order to use a road or bridge,” writes Schweizer. “The methodology in Washington is similar: if someone wants a bill passed, charge them money to allow the bill to move down the legislative highway.”

    The first bill Schweizer says Boehner used the tollbooth tactic on was the Wireless Tax Fairness Act of 2011. The bill, which received broad congressional and public support, placed a five year freeze on state and local governments’ ability to slap taxes on cellphone users. Big phone companies like AT&T and Verizon strongly supported the bill. The Wireless Tax Fairness Act of 2011 (H.R. 1002) was introduced in March 2011 and easily passed the House Judiciary Committee in July.

    Instead of promptly scheduling a vote, however, Schweizer says Boehner sat on the popular bill: “Everyone expected Boehner, given his general aversion to raising taxes, to support the bill and hold a vote. But as the months went by and mid-October arrived, it was unclear whether the vote would ever come.”

    Boehner finally set a vote for November 1, 2011. “The day before the vote, Boehner’s campaign collected the toll: thirty-three checks from wireless industry executives, totaling almost $40,000,” writes Schweizer. The bill passed easily on a voice vote.

    Two more bills Schweizer says Boehner employed the tollbooth strategy on were the Access to Capital for Job Creators Act (H.R. 2940) and the Small Company Capital Formation Act (H.R. 1070). The bills were designed to help small businesses get easier access to capital by easing stock offering regulations. Brokers and venture capital and investment firms all supported the proposed law.

    Once again, says Schweizer, Boehner collected a tollbooth fee hours before bringing the bills to the floor for a vote on November 2 and 3.

    “The Speaker of the House took in $91,000 in the forty-eight hours of October 30 and 31 from investment banks and private equity firms, two days before the vote,” writes Schweizer in Extortion. “During the same time period, he took in $46,500 from self-described ‘investors’ and another $32,450 from bank holding companies. With the tolls paid, the votes took place on the full House floor. Both passed easily.”

    Schweizer says the tollbooth strategy, while completely legal for members of Congress, could result in possible jail time for others.

    “If an Army general were to ask for favors in return for performing his duties, he would be drummed out of the military and might even go to jail,” writes Schweizer.

    The New York Times bestselling author’s last book, Throw Them All Out, uncovered and exposed insider trading by members of Congress, including then-Speaker Nancy Pelosi’s (D-CA) coveted access to a lucrative Visa credit card initial public offering (IPO) that yielded Pelosi a staggering 203% return on her between $1 and $5 million investment (politicians are required to report investments in ranges, not specific amounts). 60 Minutes and veteran CBS investigative reporter Steve Kroft then partnered with Schweizer to do an award-winning exposé on congressional insider trading that generated overwhelming bipartisan support for passage of the STOCK (Stop Trading On Congressional Knowledge) Act. The law banned politicians from using nonpublic information to make personal investments. As Slate put it, Schweizer authored “the book that started the STOCK Act stampede.”

    Now, with the release of Schweizer’s latest book, Extortion, he and 60 Minutes have teamed up again to reveal the tough legislative tactics politicians use to squeeze wealthy industries and individuals for political contributions—some of which they then convert into money to enrich their friends or family members.

    On Sunday, Schweizer and CBS’s Steve Kroft set off a Capitol Hill firestorm on 60 Minutes as they revealed how several members of Congress use leadership PACs as “slush funds” to bankroll lavish lifestyles.



    http://www.breitbart.com/Big-Governm...fore-Key-Votes
     "He has a swaggering retro machismo that will give hives to the Steinem cabal" -Camille Paglia on Donald Trump

    "Make way for the bad guy"- Tony Montana

    'This hamburger don't need no helper"- David Lee Roth

    "I wish Bon Jovi would've given me a call before he recorded all of his hits, because the lyrics would've been smarter, the melodies would've been much more smashing, and they would've sold a lot fewer records." -David Lee Roth

    "My beef is people thinking Bon Jovi is good cuz they sold lots of records to housewives." -tango

    "But being number one doesn’t really mean jack fuck all. We sold twice as many records as other records that year (1984) that landed in the Number One position." ~Eddie Van Halen

  5. #5
    Atomic Punk edwardv's Avatar
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    Legal larceny.
    EVH 1979: Well, actually it's not much of a vacation, because we run everything ourselves. We design our own album cover, we have to be in the office every day to sign checks - the whole corporation revolves around us. Nothing can be done without our approval. We even have photo approval.

  6. #6
    Atomic Punk bklynboy68's Avatar
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    SCHWEIZER BOOK 'EXTORTION' SPARKS (D) ROB ANDREWS RESIGNATION

    by WYNTON HALL
    4 Feb 2014, 9:25 AM PDT



    Rep. Rob Andrews (D-NJ) announced on Tuesday he will resign from Congress in the wake of an explosive CBS 60 Minutes joint investigation by Government Accountability Institute (GAI) President and Breitbart News Senior Editor-At-Large Peter Schweizer and veteran reporter Steve Kroft. 

    The joint investigation, which was based on Schweizer's book, Extortion: How Politicians Extract Your Money, Buy Votes, and Line Their Own Pockets, revealed how Andrews, a 24-year House veteran and leading Democratic voice for Obamacare, turned his leadership PAC into a private slush fund to bankroll lavish trips and gifts. 

    Andrews tapped his wife, Camille Andrews--a lawyer and an associate law dean at Rutgers School of Law--Camden--to serve as a compliance officer for his leadership PAC. Leadership PACs are a special type of political action committee with few restrictions that are ostensibly created to help elect fellow party members. Mrs. Andrews approved the use of funds to fly her, Rep. Andrews, and their two daughters to Edinburgh, Scotland for a wedding at a luxury resort. Andrews’s leadership PAC also picked up the tab for $16,575 in airfare. His campaign committee picked up the rest of the tab, which was slightly under $14,000

    "Andrews's leadership PAC even picked up the tab for the wedding gift...china, from Bloomingdale's," writes Schweizer in Extortion. "It was quite the trip. The family tapped Andrews's campaign committee for 'petty cash' for Scotland in the form of two checks for at least $2,500. They stayed in two rooms in the luxury five-star Balmoral Hotel in Edinburgh. Campaign contributors also picked up the tab for dinners, the in-room bar, and other expenses." 

    Schweizer reported on Andrews's other creative uses of his leadership PAC:

    On another occasion, the Andrewses decided it would be nice to merge a campaign event with their daughter's graduation. The invitation they sent out to donors and friends read: 'We hope that you and your family will join us in celebrating Rob's 20 years of serving in the House of Representatives and [the daughter's] graduation from the Baldwin School.' Both events were held at the same time at their house, which allowed them to blend the costs of the two events, though the PAC did not pay for the entire evening.

    When the congressman's daughter received checks at the party, Camille Andrews assured the public that "every single check that was given to her at the party, we shredded." 

    In Extortion, Schweizer also chronicled how Andrews funneled campaign money to cronies to benefit family members:

    He funneled campaign money to several theatres that would engage his daughter (an actress and singer) to perform. His campaign donated money to the Rock School of Dance, where his daughter trained, and then paid the Prince Music Theater and the Walnut Street Theater, both in Philadelphia, tens of thousands of dollars in donations for events and 'expenses.' His campaign also bought tickets for school groups to attend performances. His campaign committee donated to the Broadway Theater in Pittman, New Jersey, where his daughter performed. And when she performed at Six Flags Great Adventure Theme Park in New Jersey, his campaign picked up meal expenses. 

    When CBS reporter Steve Kroft confronted the Democratic New Jersey congressman on the reporting in Schweizer's book, Andrews said, “I think we should take a look at having clearer rules at what they can and cannot be spent for. I'd be for that.” Andrews claimed he could not speak more on the matter because of a pending House Ethics investigation, even though Kroft said the committee told him they were fine with Andrews speaking about the matter.

    The Andrews resignation is not the first time a Kroft-Schweizer investigation has exposed cronyism and corruption by members of Congress. In 2011, Kroft and Schweizer teamed up for a 60 Minutes investigation based on Schweizer’s last New York Times bestseller, Throw Them All Out. The report sent shockwaves through Washington when Schweizer and Kroft revealed that Rep. Nancy Pelosi (D-CA) was given insider access to the Visa credit card IPO that scored her a 50% profit in just two days. 

    The report also alleged that Rep. Spencer Bachus (R-AL) engaged in insider trading, prompting an ethics investigation. Bachus eventually stepped down from his chairmanship of the Financial Services Committee. Schweizer’s book ultimately led to the passage of the STOCK (Stop Trading On Congressional Knowledge) Act banning congressional insider trading. Slate hailed Throw Them All Out as “the book that started the STOCK Act stampede.”

    Asked for his comments on Rob Andrews's resignation, Schweizer told Breitbart News: "The Government Accountability Institute (GAI) is a nonpartisan investigative research team committed to exposing cronyism and misuse of taxpayer money. For those discouraged by the cronyism corrupting Washington, the Andrews resignation demonstrates that we can hold them accountable. For those in power who are engaging in self-enrichment, we have two words: watch out." 



    http://www.breitbart.com/Big-Governm...ws-Resignation
     "He has a swaggering retro machismo that will give hives to the Steinem cabal" -Camille Paglia on Donald Trump

    "Make way for the bad guy"- Tony Montana

    'This hamburger don't need no helper"- David Lee Roth

    "I wish Bon Jovi would've given me a call before he recorded all of his hits, because the lyrics would've been smarter, the melodies would've been much more smashing, and they would've sold a lot fewer records." -David Lee Roth

    "My beef is people thinking Bon Jovi is good cuz they sold lots of records to housewives." -tango

    "But being number one doesn’t really mean jack fuck all. We sold twice as many records as other records that year (1984) that landed in the Number One position." ~Eddie Van Halen

  7. #7
    Atomic Punk jimmy812's Avatar
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    Quote Originally Posted by bklynboy68 View Post
    SCHWEIZER BOOK 'EXTORTION' SPARKS (D) ROB ANDREWS RESIGNATION

    Andrews tapped his wife, Camille Andrews
    Give him credit, at least, for not going outside the marriage for that.
    2-time Fantasy Baseball Champion.

 

 

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