A series of stories shined light on the money funnel powerful people enjoy while regular folks struggle. It encompasses both political teams.
Politicians Red and Blue love PEU (private equity underwriters) and increasingly, more are one. The big money wash ensures government funds flow to PEU affiliates, that legislation helps and is often written by the PEU class and that the greed and leverage boys get to keep their preferred "carried interest" taxation.
Our political teams love pointing out the twig in the other's eye whilst ignoring the log in their own. The buyers and sellers of influence do not want the giant money funnel impeded. That spells abandonment to the average citizen.
Update 2-9-23: Fox News reported:
Democratic Rep. Ilhan Omar's campaign cash to consultants fell by millions of dollars after she removed her husband's firm from her payroll.
Update 2-16-23: The multiple major income stream insider phenomena applies to Jenna Bush Hager. What will win, company policy or political connections?
Update 2-26-23: Fox News reported:
Walker's campaign arm Team Herschel wired 11 payments worth $595,606 to Jetts, according to Federal Election Commission records. Other Walker-linked committees added nearly $270,000 in payments to the company during the midterm elections.
The funds were used to pay for air charter services on one of Jeffrey Epstein's former private jets. You can't make up crazier stuff.
Update 2-27-23: Reuters reported:
FTX founder Sam Bankman-Fried conspired with two former FTX executives to donate tens of millions of dollars in order to influence lawmakers to pass legislation favorable to the company.
Those donations were unlawful because they were made with "straw" donors or corporate funds, enabling Bankman-Fried - one of the largest donors to Democrats in the 2022 midterm elections - to evade contribution limits.
Update 5-30-23: HuffPo ran a story on "The Golden Age of White Collar Crime".
An entrenched, unfettered class of superpredators is wreaking havoc on American society. And in the process, they've broken the only systems capable of stopping them.Update 10-30-23: The husband of Blue Team Congresswoman Cori Bush has been paid $102,500 by his wife's campaign since January 2022.
