Posted on 07/17/2002 9:02:21 PM PDT by Hostage
THERE'S a distinct whiff of hypocrisy about the Democratic bid - with Senate Majority Leader Tom Daschle heading the charge - to paint Bush & Co. as too "cozy" with big business to really crack down on crooked CEOs.
It smells of hypocrisy because Daschle is pretty cozy with big business himself, since it's a major source of his family income. His wife, Linda, is one of Washington's premier lobbyists.
But you can fuhgeddaboutit if you want to know how much money the Daschles rake in from her lobbying as a co-chair of the "public policy group" at the law/lobbying firm Baker, Donelson, Bearman & Caldwell.
Tom Daschle is demanding President Bush ( news - web sites) release every possible document about a 1990 stock sale to "just let everybody see what is there."
But unlike lots of senators - not to mention presidents like Bush - Daschle refuses to release his own tax returns, which would "just let everybody see" what his wife makes as a big-business lobbyist.
Daschle spokeswoman Ranit Smelzer defended his refusal, saying: "Most Americans guard very closely this information [tax returns], and members of Congress should not be forced to release it."
Daschle's Senate financial-disclosure forms keep it secret, too - they just list Linda Daschle's lobbying income from some of America's biggest firms as "over $1,000." Make that a lot over $1,000.
Daschle and his wife insist she avoids conflicts of interest because she doesn't lobby the Senate - though she does lobby next door in the House, where lawmakers certainly know her hubby.
Among her clients: American Airlines, the American Trucking Assn., American Concrete and Pavement Association, Boeing, Loral Space and Communications, Northwest Airlines, L-3 Communications, Intelli-check, Schering-Plough, United Technologies Corp. and more than a dozen more.
Take Loral, which paid a $14 million fine last January to settle charges of illegally sending sensitive missile technology to China.
In 2001 alone - the latest data - Loral paid $460,000 to Linda Daschle's firm for lobbying by her and four colleagues.
The conflict-of-interest question gets even more delicate when it comes to L-3 because it involves potential risks to airline passenger safety.
L-3 hired Linda Daschle and her firm when airlines balked at buying L-3 bomb-detecting devices to screen airline baggage because they were inferior to a competitor, The Washington Post reported last fall.
But after Linda Daschle got on the case, Congress inserted an "unusually explicit directive" ordering the FAA ( news - web sites) to buy one device from L-3 for every rival model from InVision.
"The connections apparently paid off . . . but [last October] the Transportation Department's inspector general agreed with industry critics that L-3's machines were not performing," the newspaper reported.
So much for transparency. Daschole is not "most Americans". He is the Senate Majority Leader and has enormous power and influence.
The only reason he won't disclose his returns is the glaring conflict of interest in his wifey's dealings, vis-a-vis, legislation that crosses his 2'4" desk.
I seen this a couple of days ago and was going to post it, but got cought up in FReeperPosting and never got back to it The hiposicy? of these two Dems. is unbeleaveable. And know one has called him or his wife on the very same thing that he is accusing GW in doing.
It seems that Mr. Corzine, whom the Democratic leadership has picked to be the attack dog on the financial irregularities of Enron, WorldCom, etc., was at GOldman Sachs when Enron shares were being traded at prices that were just too high.
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