"We have lots of the characteristics of petro-states ourselves even though we use that term for others," he says. He cites our overdependence on oil and a tax policy that keeps oil relatively cheap. Moreover, he adds, "big oil plays an unnatural role in our politics. . . . Oil elects presidents, drives our foreign policy, our domestic policy, our climate change policy. . . . It's led us to terrible energy policies and a breakdown of regulation. We look to the Niger Delta as an example of what an oil state does to its own environment, but it's precisely what we're doing to our own environment."
For example, on Dec. 10, one of the lawmakers under investigation, Representative Joseph Crowley, a New York Democrat who sits on the Ways and Means Committee, left the Capitol during the House debate to attend a fund-raising event for him hosted by a lobbyist at her nearby Capitol Hill town house that featured financial firms, along with other donors. After collecting thousands of dollars in checks, Mr. Crowley returned to the floor of the House just in time to vote against a series of amendments that would have imposed tougher restrictions on Wall Street.
TOLEDO, Ohio — Just one day after leaders of the House of Representatives announced a ban on earmarks to profit-making companies, Victoria Kurtz, the vice president for marketing of a small Ohio defense contracting firm, hit on a creative way around it.
“This story is far from over,” said Mr. Conroy on Tuesday. “There are 20 men in prison who are there on the basis of suspect confessions and no one is paying attention to them because investigative reporting is time-consuming and expensive and no one wants to pay for it. I’m not paying attention because I can’t afford to.
The Office of Congressional Ethics is investigating eight lawmakers who held fundraisers within 48 hours of a major House vote on a Wall Street reform bill or received substantial donations from business people with a financial stake in the bill, according to congressional sources and letters.
Rep. Ron Paul is captivated by gold. Over the past two decades, he has written books about the virtues of gold-backed currency. He has made uncounted speeches about the precious metal. He even took a leadership post on the House subcommittee that oversees the nation's monetary policy, mints and gold medals.
“Sorry, we cannot grant a departure on the B.O.P. test further than when you get the well under control,” wrote Frank Patton, a minerals agency official. But BP officials pressed harder, citing “major concerns” about doing the test the next day. And by 10:58 p.m., David Trocquet, another M.M.S. official, acquiesced.
The result, the report found, was regulation that often looked less than rigorous. One confidential source, it said, told investigators that service inspectors let the oil and gas companies fill out their own inspection forms -- in pencil. Then an inspector would trace over their writing in ink.
“Hiring a well-connected staffer can run a firm something like $300,000 to $600,000 a year, and for a member of Congress, it’s anywhere from $1 million to $3 million,” said Craig Holman of Public Citizen. “The only businesses that can really afford that are those that are very wealthy, but clearly these companies are getting their money’s worth.”
Steele also has come under fire for his management of the organization's finances. The RNC had more than $22 million on hand when he arrived last year, but is down to less than $10 million, despite raising a record $96 million during that time, records show.
Ironic that this article helps purvey the government-corporate conspiracy theories that many Paulites subscribe to, and that Paul is their main target.