John McCain Quotes

The Congressman, who had not been previously an enthusiastic leader for this type of reform, found himself with a chance to become Majority Leader of the House of Representatives. The previous leader was under indictment and was linked, along with other Republican Congressman to a Lobbyist who had pleaded guilty to bribing Congressmen. Another Republican Congressman had plead guilty to the felony of accepting bribes. The party that Controlled Congress was fearful of a voter backlash over the corruption—especially the role of lobbyists in giving money to Congressional campaigns. Bainor became a reform leader.

As a candidate for the Republican Presidential Nomination, Trump was very forthright about the fact that when he was a business tycoon, he gave money to many politicians not for any ideological reasons but he considered the money an investment which paid off handsomely. Almost all large campaign donors believe that they are making an investment and most have continued to be satisfied with the results so they continue to donate. See {583282} as an example of Trump's candid view.

Hollings who was one of the senior experienced senators was offended by the degree to which the George W. Bush Administration and the Republican leadership had turned to lobbyists to draft legislation and amendments to pending legislation. Lobbyists often have specialized information that members of Congress do not have, so there has been in modern times communications between lobbyists and members of Congress and their staffs. However, during the Bush Presidency the practice reached an extreme where lobbyists would even write the legislative language and give it to the members in whom they had invested by giving them large campaign contributions and many perks. K Street is the fanciest street in Washington DC with some of the most expensive office space. A substantial proportion of the lobbyists have K Street offices, hence the metaphor.

He is not referring to campaign contributions but to actual cash bribes. Corporations and industry groups pay cash or provide goods and services to a politician in exchange for legislation favorable to the company or industry. Although his generalization about state officials being the most corrupt is generally probably correct, his state—Kentucky—is and has been one of the most corrupt in the country. See {623532} .

While New York City and a few other jurisdictions—states and local—have more stringent laws and ethical standards for politicians than does Congress and Federal Officials, but most have lower standards. In some of the jurisdictions judges can try cases and rule in favor of a company or wealthy individual who gave the judge the money to campaign with and get elected.

Between the politicians and the financial industry lobbyists the laws are written so that there is sufficient room for enough self dealing so that members of Congress can get rich using methods that are questionable but have been legislated as legal and the Congressional rules have been written so that they are “not unethical”. Many members of Congress leave the institution much wealthier than when they entered but have received salaries that are insufficient to build that kind of wealth. Many then accept lobbying or other jobs at very high pay representing the people and corporations who have been the subjects of their legislative efforts. Other members do not avail themselves of the “legal” self dealing as the practice is not universal.