Discussing corruption in Washington, Elizabeth Drew writes this:
The Republican purge of K Street is a more thorough, ruthless, vindictive, and effective attack on Democratic lobbyists and other Democrats who represent businesses and other organizations than anything Washington has seen before. The Republicans don't simply want to take care of their friends and former aides by getting them high-paying jobs: they want the lobbyists they helped place in these jobs and other corporate representatives to arrange lavish trips for themselves and their wives; to invite them to watch sports events from skyboxes; and, most important, to provide a steady flow of campaign contributions. The former aides become part of their previous employers' power networks. Republican leaders also want to have like-minded people on K Street who can further their ideological goals by helping to formulate their legislative programs, get them passed, and generally circulate their ideas. When I suggested to Grover Norquist, the influential right-wing leader and the leading enforcer of the K Street Project outside Congress, that numerous Democrats on K Street were not particularly ideological and were happy to serve corporate interests, he replied, "We don't want nonideological people on K Street, we want conservative activist Republicans on K Street."[snip]
In one instance well known among lobbyists, the Ohio Republican Michael Oxley, chairman of the House Financial Services Committee, put pressure on the Investment Company Institute, a consortium of mutual fund companies, to fire its top lobbyist, a Democrat, and hire a Republican to replace her. According to a Washington Post story on February 15, 2003, six sources, both Democratic and Republican, said that members of Oxley's staff told the institute that a pending congressional investigation of mutual fund companies "might ease up if the mutual fund trade group complies with their wishes." It apparently didn't matter to them that House ethics rules prohibit congressmen or their staff "from bestowing benefits on the basis of the recipient's status as a supporter or contributor, or partisan affiliation." A Republican now holds the top job at the Investment Company Institute.
Take note that Mr. Oxley is one-half of the Sarbanes-Oxley tandem which wrote the rules which even now are under attack as too harsh. Based on his behavior as cited above, I wonder what his motives were for cosponsoring the legislation? To soften the rules as much as possible?
If you're already cynical, go read it. If you're an idealist, maybe you shouldn't. Jimmy Stewart wouldn't recognize this Congress.
Posted by Linkmeister at June 9, 2005 12:01 AM