Tag Archives: Money

Duty and Honor

Posted by: BetsM

Op-ed by Gary Hart

Gary HartOf the many reasons for public discontent with government generally and Congress particularly, none is more obvious than the wholesale movement of former members of both Houses of Congress into the lobbying business. The massive lobbying industry is quick to remind us that lobbying is perfectly legal, or perhaps it is better to say not illegal, and that it has been going on from the beginning of parliaments. That may be technically true, but it neglects the critical point that, when conducted by former members of Congress, and now increasingly their wives and children, lobbying is a sophisticated way of trading titles provided by voters for substantial personal gain.

No one truly believes that John Doe is as valuable to his lobbying firm and its corporate clients as former Senator John Doe is. Senator John Doe adds prestige to the firm. More importantly, he can open doors in the offices of his former colleagues. In the lobbying business, that is pure gold. The core and centerpiece of the lobbying business is ACCESS. It is possible to count on the fingers of one hand the number of members of Congress who refuse to see a former colleague.

My relatively few years in elective office spanned a critical transition time. Very few of my Senate colleagues from the 1970s became lobbyists. For most of the great ones it was a matter of self-respect and personal honor. By the time I retired from office in the later 1980s, not only former Senators but also their wives and sons and daughters were joining or forming lobbying firms and making a very great deal of money. It would take more than blog space permits to analyze the reasons for this transformation. But much of it had to do with the triumph of money over that earlier sense of personal honor. No American has the right to trade an office and a title bestowed upon him or her by the people for personal gain.

Senators Michael Bennet and Jon Tester are sponsoring legislation to bar Senators from lobbying for life. I would find it amazing if there were even committee hearings on this proposal, let alone a vote on the floor of the Senate. But such a measure would do more to demonstrate that the current Senate is serious about recapturing its dignity, its respect, and its sense of honor than any other single step I can think of. And perhaps most of all, it would go a very long way to restoring the confidence of the people in their government.

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President Obama’s Saturday YouTube Address 01/30/10

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WhiteHouse.govReining in Budget Deficits~~The President pledges to rein the deficit, citing three specific steps to this end. He praises the Senate for restoring the pay-as-you-go law, discusses his proposal for a freeze in discretionary spending, and calls for a bipartisan Fiscal Commission to hammer out further concrete deficit reduction proposals.

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Filed under Barack Obama, Change, Economics, Economy, Jobs, Law, Money, News, Politics, Pres. Barack Obama, Presidents, Senate, Uncategorized, Video/YouTube, Weekly YouTube Address

British Boy, Charlie Simpson Age 7, Raises $240,000 for Haiti Relief

Posted by: BuellBoy

Charlie Simpson

Simpson's efforts have been described as 'bold' and 'innovative' by Unicef's UK executive director.

He’s no Wyclef Jean or George Clooney, but that hasn’t stopped seven-year-old Charlie Simpson from raising more than $240,000 (£150,000) for the Haiti earthquake. Simpson from Fulham, west London had hoped to raise just £500 for UNICEF’s earthquake appeal by cycling eight kilometers (five miles)around a local park.

Charlie Simpson

Charlie Simpson

My name is Charlie Simpson. I want to do a sponsored bike ride for Haiti because there was a big earthquake and loads of people have lost their lives,” said Simpson on his JustGiving page, a fundraising site which launched his efforts.

I want to make some money to buy food, water and tents for everyone in Haiti,” he said.

Donate to Charlie Simpson’s Haiti fundraising page

And with that simple call, messages of support flooded the site.

Charlie's helpful little sister

Charlie's helpful little sister

Such a big heart for a young boy, you’re a little star!” wrote one supporter. “Well done Charlie. A real celebrity,” said another. More donations began pouring in after the story caught the attention of the British media — with many cheering Simpson past the £100,000 mark.

Even British Prime Minister Gordon Brown is spreading the message. His “Downing Street” Twitter alias said: “Amazed by response to the great fundraising efforts of 7 yr old Charlie Simpson for the people of Haiti.”

David Bull, UNICEF’s UK executive director described Simpson’s efforts as “very bold and innovative.” “It shows he connects with and not only understands what children his own age must be going through in Haiti,” Bull said in a press statement.

The Simpson family

The Simpson family

The little seed — his idea — that he has planted has grown rapidly and his is a place well deserved in the humanitarian world. On behalf of the many children in Haiti, I thank Charlie for his effort.”

Money raised by Simpson will go towards UNICEF’s Haiti Earthquake Children’s Appeal which will provide water, sanitation, education, nutrition as well as support child protection.

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Complete Haiti Relief Coverage Main PageHaiti Relief Coverage Main Page

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Filed under Charity, Children, Countries, Culture, Disaster, Earthquake, England, Europe, Haiti, Health, Hunger, Media and Entertainment, Medicine, News, Philanthropy, Sports, Students, Uncategorized, United Nations, Volunteerism, Women's Issues, World

President Obama’s Saturday Youtube Address: Fighting for the Public Against Special Interests

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WhiteHouse.govPresident Obama Addresses This Week’s Supreme Court Decision~~In this week’s address, President Barack Obama addresses the Supreme Court decision to further empower corporations to use their financial clout to directly influence elections and vows that “as long as I’m your President, I’ll never stop fighting to make sure that the most powerful voice in Washington belongs to you.”
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George Lopez Throws Benefit Concert For Disaster Relief: “Help Haiti with George Lopez and Friends”

Posted by: Audiegrl


A Personal Message from George…

The people of Haiti need our help. On Thursday, February 4th I am throwing a benefit concert, called “Help Haiti with George Lopez and Friends” at The Nokia Center, here in Los Angeles. The best musicians, comedians and athletes will be there for the cause, including my friends Andy Garcia, Slash and Samuel Jackson.

100% of the proceeds will go to directly to Haiti to help the victims and their families. Click here for more information on how to purchase tickets for “Help Haiti with George Lopez and Friends.”

Lopez Tonight Help Haiti DonationIf you can’t make it to the concert, you can still help. Lopez Tonight has teamed up with “CARE” to raise money. Click on the “CARE” logo to donate directly to relief efforts that will help the people of Haiti. And we will match the first 25,000 dollars that come from you.

Americans are the most generous people in the world. Your gift will help save lives. Let’s show Haiti how much we care.

Guests Include: Slash, Samuel L. Jackson, Andy Garcia, Kobe Bryant, Ray Romano, Larry David, Vanessa Hudgens, Cheech & Chong, Margaret Cho, Cedric the Entertainer, Cypress Hill, Earvin ‘Magic’ Johnson, Eva Langoria-Parker, Amber Veletta, Don Cheadle, Jennifer Love Hewitt, Cheech and Chong, Cypress Hill, Los Lobos, and many more!

Tonight you can check out “Hope for Haiti Now: A Global Benefit for Earthquake Relief”, LIVE Streamed and Blogged at 44-D’s tonight…January 22nd at 8PM EST. Join in and help out the people of Haiti.


Complete Haiti Relief Coverage Main PageHaiti Relief Coverage Main Page

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Filed under Art, Charity, Culture, Dancing, Disaster, Earthquake, Entertainment, Facebook, George Lopez, Haiti, Hispanic/Latino/Latina, Hollywood, Hunger, Lopez Tonight, Los Angeles, CA, Media and Entertainment, Medicine, Music, MySpace, News, Philanthropy, Pop Culture, Port au Prince, Sports, TBS, Twitter, Uncategorized, United Nations, United States, US, Video/YouTube, Volunteerism, Women's Issues, World

President Obama’s Saturday YouTube Address 01/16/10

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WhiteHouse.govGetting Our Money Back from Wall Street~~As the President continues to work on immediate job creation, he discusses his proposal for a new fee on the largest financial institutions to ensure that every cent of taxpayer assistance gets paid back. Saying that, “we’re not going to let Wall Street take the money and run,” he then to discusses the ongoing push to make sure banks can never put our economy at risk again.
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Filed under Bailout, Banking, Barack Obama, Change, Democrats, Economy, Greed, Jobs, Media and Entertainment, Money, Obama Administration, Politics, Pres. Barack Obama, Presidents, Stimulus, TARP, Uncategorized, United States, Video/YouTube, Weekly YouTube Address

Fed posts record profit of $46.1B for last year

WASHINGTON — The Federal Reserve made a record profit of $46.1 billion last year, reflecting money made off its extraordinary efforts to rescue the country from the worst economic and financial crisis since the 1930s, the central bank announced Tuesday.

The windfall gets turned over to the Treasury Department.

It marks the biggest profit on record dating back to 1914 when the Fed was created. The previous record profit – of $34.6 billion – was registered in 2007. In 2008, the Fed reported a profit of $31.7 billion.

The Fed says the bigger profit was primarily due to increased income from the securities it held last year.

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