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Politics : Impeach George W. Bush -- Ignore unavailable to you. Want to Upgrade?


To: American Spirit who wrote (39343)8/4/2005 6:00:02 PM
From: tonto  Read Replies (1) | Respond to of 93284
 
Once again your facts are made up. I never said MArc gave it directly, that is not how it works.

On Jan. 20, President Clinton gave Rich a chance for a third "do-over." Clinton wiped all the criminal charges off of Rich's record with a presidential pardon on his last day in power. The Rich pardon has received special attention because Denise Rich raised and donated more than $1 million to the Democratic Party in recent years and also provided the Clintons directly with a $10,000 contribution to their legal defense fund and $7,300 worth of furniture.

You forgot to include racketeering and other crimes that he was convicted of...always trying to make a bad story look good when it deals with a democrat instead of just posting the truth.

That's not correct. Marc Rich did not donate. His estranged ex-wife (I think they're divorced but still friendly) gave Clinton a contribution for his library of $200,000. They were also social friends. Denise Rich is a big socialite and is very charming and beautiful. She gives big parties in Aspen and the Hamptons and helped welcome the Clintons to New York socially speaking.



To: American Spirit who wrote (39343)8/4/2005 11:16:43 PM
From: Glenn Petersen  Read Replies (1) | Respond to of 93284
 
WorldCom BTW gave Trent Lott a million for his library before he was even close to having one.

Another half truth from the master. Why would Trent Lott have a library? The $1 million went to the University of Mississippi.

According to the non-partisan Open Secrets website, Worldcom spread its political contributions pretty evenly at the federal level. A toal of $7.6 million between 1989 and 2002, with the GOP getting only 54% of that amount.

Whatever the reason, Clinton was wrong to pardon Marc Rich. Business Week had an article about a month ago on the spawn of Marc Rich. Scroll down for the article.

Message 21506589

WorldCom

Months after the collapse of Enron, President Bush, members of Congress and the Justice Department are again on the trail of what looks to be one of the biggest cases of fraudulent accounting practices yet. On June 25, WorldCom, the nation’s second largest long-distance carrier, announced that it had overstated its cash flow by nearly $4 billion during the last two years, sending its stock into a virtual freefall and leaving the company on the brink of bankruptcy.

How did it happen? That’s what Congress wants to know, especially during an election year. With voters already disgruntled after what seems to be months of continuous corporate scandal, Democrats are hoping to use the issue of corporate mistrust to unseat Republicans this Election Day. One avenue they will likely use: campaign contributions from the embattled companies to the GOP. “All you have to do is follow the money,” House Minority Leader Dick Gephardt (D-Mo.) told reporters June 26. “It leads right to the Republican party.”

But that argument might not be as convincing in WorldCom’s case. Over the last 10 years, the company’s political contributions have been spread evenly between the two national parties. Since 1989, the company has contributed roughly $7.6 million in soft money, PAC and individual contributions to federal candidates and parties, 54 percent to the GOP. The race for WorldCom money has been even tighter than during the current election cycle. So far in 2001-02, WorldCom has contributed just over $1 million, split equally between Democrats and Republicans.

WorldCom has been most generous to lawmakers from its corporate home state of Mississippi. Rep. Chip Pickering (R-Miss.) and Senate Majority Leader Trent Lott (R-Miss.) both rank near the top of the list of contributions from WorldCom, as do dozens of members of the House and Senate Commerce Committees who deal regularly with legislation that would affect WorldCom’s bottom line. President Bush raised $41,601 from the company during the 2000 election cycle.

Most recently, the company has been engaged in a battle over legislation that would essentially deregulate the long-distance telephone business, allowing the Baby Bells to compete directly with WorldCom, AT&T and Sprint. Not included in WorldCom’s political contributions are the millions of dollars the company and its fellow long-distance carriers have spent to press their case in TV, newspaper and radio ads in recent months.

Some of that money likely is included in WorldCom's lobbying expenses. During the calendar year 2001, the company reported just over $3 million in lobbying expenditures, a slight increase over the company's $2.9 million in expenditures during 2000.

Also not included among the company's political contributions is the support that WorldCom has given legislators off the books. In 1999, WorldCom contributed $1 million to the establishment of the Trent Lott Leadership Institute at the University of Mississippi. Weeks before, Lott had appointed a representative of the company to serve on a panel weighing whether taxes should be charged on Internet purchases—a major issue for WorldCom at the time since the company carried much of the Internet’s traffic on its fiber optic backbone.

opensecrets.org



To: American Spirit who wrote (39343)1/12/2007 10:48:09 AM
From: Jim McMannis  Read Replies (2) | Respond to of 93284
 
You're so naive.