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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: benwood who wrote (87695)	10/15/2007 3:25:12 PM
From: Gib Bogle	Respond to of 110194

And I agree with you about the crossroads. The founding fathers must be rolling in their graves at what has become of the Republic.

To: benwood who wrote (87695)	10/15/2007 5:11:07 PM
From: Yulya	Read Replies (1) \| Respond to of 110194

Corruption of our government seems to be everywhere now. Came accross this GAO investigative report on the FCC. FCC insiders routinely tipped lobbyists and corporate insiders about agency agenda decisions before they were made public. This is critical, because under agency "sunshine rules," FCC members can't be lobbied for the week between the public announcement of an agenda and the meeting. Knowing what's going to be announced on the agenda in advance thus gives lobbyists and corporate insiders an opportunity to lobby before the sun[shine rules] rise. From the report: "FCC generally followed the rulemaking process in the four case studies of completed rulemakings that GAO reviewed, but several stakeholders had access to nonpublic information. Specifically, each of the four rulemakings included steps as required by law and opportunities for public participation. Within the case studies, most ex parte filings complied with FCC rules. However, in the case studies and in discussions with other stakeholders that regularly participate in FCC rulemakings, multiple stakeholders generally knew when the commission scheduled votes on proposed rules well before FCC notified the public. FCC rules prohibit disclosing this information outside of FCC. Other stakeholders said that they cannot learn when rules are scheduled for a vote until FCC releases the public meeting agenda, at which time FCC rules prohibit stakeholders from lobbying FCC. As a result, stakeholders with advance information about which rules are scheduled for a vote would know when it is most effective to lobby FCC, while stakeholders without this information would not." public.cq.com gao.gov And already they are getting around the new lobbying rules, even attending seminars at Washington lawfirms who provide the guidance: washingtonpost.com You should watch these lawmakers in action: youtube.com