Le site Bellaciao: coloré, multiple, ou le meilleur cotoie fort heureusement le pire, mélangé, bizarre, picabien et dadaîste, explorant toutes sortes de registres et de régimes rhétoriques, drole et polémiqueur, surréaliste: rencontre d'un parapluie et d'une machine à coudre sur une table de dissection, têtes de Lénine sur le clavier d'un piano Steinway ou Bosendorfer...
FR
ES
Senal en Vivo
VIDEO
RADIO
FRIENDS SITES
with Bellaciao
Bellaciao hosted by
To rebel is right, to disobey is a duty, to act is necessary !
Bellaciao  mobile version   |   Home  |   About us   |   Donation  |   Links  |   Contact  |   Search
Lawmakers Heavily Invested in Military Industrial Complex

by : follow the money
Saturday April 5, 2008 - 16:41

Published on Friday, April 04, 2008. Source: Associated Press

WASHINGTON (AP) — Members of Congress have as much as $196 million collectively invested in companies doing business with the Defense Department, earning millions since the onset of the Iraq war, according to a study by a nonpartisan research group.

Not all the companies in which lawmakers invested are typical defense contractors. Corporations such as PepsiCo, IBM, Microsoft and Johnson & Johnson have at one point received defense-related contracts, notes the report by the Washington-based Center for Responsive Politics.

The center’s review of lawmakers’ 2006 financial disclosure statements suggests that members’ holdings could pose a conflict of interest as they decide the fate of Iraq war spending. Several members earning money from these contractors have plum committee or leadership assignments, including Democratic Sen. John Kerry, independent Sen. Joseph Lieberman and House Republican Whip Roy Blunt.

The study found that more Republicans than Democrats hold stock in defense companies, but that the Democrats who are invested had significantly more money at stake. In 2006, for example, Democrats held at least $3.7 million in military-related investments, compared to Republican investments of $577,500.

Overall, 151 members hold investments worth $78.7 million to $195.5 million in companies that receive defense contracts that are worth at least $5 million. These investments earned them anywhere between $15.8 million and $62 million between 2004 and 2006, the center concludes.

It is unclear how many members still hold these investments and exactly how much money has been made. Disclosure reports for 2007 aren’t due until this May. Also, members are required to report only a general range of their holdings.

According to the report, presidential hopefuls Barack Obama and John McCain did not report any defense-related holdings on their filings; Hillary Rodham Clinton did note holdings in such companies as Honeywell, Boeing and Raytheon, but sold the stock in May 2007. All three candidates are members of the Senate.

Earning dividends from companies tied to the military "could be problematic" for lawmakers who oversee defense policy and budgeting, noted the center’s Lindsay Renick Mayer. Avoiding every company with a military contract, however, would not be easy for an investor.

"So common are these companies, both as personal investments and as defense contractors, it would appear difficult to build a diverse blue-chip stock portfolio without at least some of them," Mayer wrote

Kerry, D-Mass., a member of the Senate Foreign Relations Committee, is identified as earning the most — at least $2.6 million between 2004 and 2006 from investments worth up to $38.2 million.

Spokesman David Wade said Kerry, who staunchly opposes the war in Iraq, is one of many beneficiaries of family trusts that he doesn’t control. Wade also noted that Kerry does not sit on the Appropriations Committee, which has direct control of the defense budget.

"He has a 24-year Senate record of working and voting in the best interests of our men and women in the military, not of any defense contractors," Wade said.

Lieberman, I-Conn., chairman of the Senate Homeland Security and Governmental Affairs Committee and a member of the Armed Services Committee, held a considerably smaller share at $51,000. A spokesman said the senator, who supports continued operations in Iraq, is "careful to make his policy decisions based only on what is best for the country."

A spokesman for Blunt, R-Mo., a senior member of House GOP leadership who held at least $15,000 in Lockheed Martin stock in 2006, said the insinuation that lawmakers’ votes might be affected by their portfolios is "offensive." Like Lieberman, Blunt has been a fierce supporter of the war.

"I don’t pretend to speak for other offices, but I am fairly certain that no member would consider their personal finances when voting on issues as important as sending our men and women in uniform into harm’s way," said Blunt spokesman Nick Simpson. The Lockheed Martin stock was given to Blunt’s wife by her mother, he said.

On the Net: Center for Responsive Politics’ Capital Eye: http://www.capitaleye.org/inside.as...

http://www.blacklistednews.com/view...



Leave a comment
Print this article





Trump uses Jews to get pedophile elected
Sunday 10 - 12:45
by Eaton
WHAT TRUMP IS DOING IN JERULSALEM AND WHY HE IS DOING IT
Wednesday 6 - 18:40
by JOHN CHUCKMAN
SUPPORT RACISM: WATCH THE NFL
Saturday 18 - 01:38
by David R. Hoffman, Legal Editor of Pravda.Ru
WHAT IS REALLY GOING ON IN SAUDI ARABIA?
Friday 10 - 15:13
by JOHN CHUCKMAN
Sorry, Ain’t got cash. God bless you, too.
Wednesday 8 - 09:22
by Bailey Anderson
REFLECTIONS ON HOW LITTLE IS REVEALED BY JUST-RELEASED JFK ASSASSINATION DOCUMEN
Monday 30 - 19:43
by JOHN CHUCKMAN
PEOPLE OF COLOR: THE NFL DOESN’T GIVE A DAMN ABOUT YOU
Tuesday 17 - 23:07
by David R. Hoffman, Legal Editor of Pravda.Report
TRUMP, JONES, THE NFL, AND THE NEW MCCARTHYISM
Tuesday 10 - 23:14
by David R. Hoffman, Legal Editor of Pravda.Report
Catalonia referendum: 90% voted for independence, say officials (video)
Monday 2 - 09:55
Catalonia referendum: ’Spanish authorities are the criminals’ (video)
Monday 2 - 09:47
If I was truly evil
Tuesday 12 - 14:22
Yves Bouvier Faces Swiss Tax Investigation
Saturday 9 - 03:27
by lishk
The Polisario front suspected of double-play around humanitarian aid hijacking
Friday 8 - 21:44
by NathanT
The Polisario front suspected of double-play around humanitarian aid hijacking
Friday 8 - 21:37
by Nathan Taylor
AMERICA’S JUDASES
Sunday 27 - 20:02
by David R. Hoffman, Legal Editor of Pravda.Report
What happend to Soraya and Hussein Khashoggi?
Friday 25 - 20:38
by Perseus
The falling Max Ehrich
Thursday 17 - 19:40
by celbbetty
DAMN THE NFL
Wednesday 16 - 01:44
by David R. Hoffman, Legal Editor of Pravda.Report
Overplaying your hand
Thursday 10 - 12:36
Gujarat Flood 2017 Devastation- Inevitable or Orchestrated in Dhanera ?
Thursday 3 - 06:19
by Dwarika Nath Rath
Multiple citizenship & Zionist subversion of America, Australia, India, Humanity
Wednesday 2 - 03:10
by Dr Gideon Polya
I’M AN IDIOT AND I VOTE
Thursday 27 - 23:23
by David R. Hoffman
The Top Ten Art Scandals That Have Rocked the World
Tuesday 18 - 15:48
by Curtis Judge
John Pilger slams Mainstream silence re Apartheid Israel crimes: Free Palestine
Thursday 13 - 02:43
by Dr Gideon Polya
RUSSIAN MAFIA – NOW IN DUBAI?
Monday 3 - 14:52
by James Dolay
THE NFL IS RACIST
Saturday 1 - 00:31
by David R. Hoffman, Legal Editor of Pravda.Report
Australian Finkel Review has dirty energy for 50 years & ignores 25 key issues
Monday 19 - 03:37
by Dr Gideon Polya
ENOUGH IS ENOUGH: JUSTICE FOR PHILANDO CASTILE
Sunday 18 - 01:03
by David R. Hoffman, Legal Editor of Pravda.Report
Find out what is true and false about climate change - Kenneth Pouchet
Friday 16 - 17:43
by Kenneth Pouchet
Freedom For Me, But Not You
Wednesday 31 - 02:17
by David R. Hoffman, Legal Editor of Pravda.Report
Post-Apartheid, non-racist, One State, democratic Palestine can happen tomorrow
Tuesday 30 - 08:21
by Dr Gideon Polya
A Review of Gilad Atzmon’s new book, “Being In Time: The Post-Political Manifes
Wednesday 17 - 21:23
by June Terpstra
Avoiding Another War in North Korea
Sunday 14 - 18:27
by William John Cox
Judah Ben Hur for President 2020
Saturday 13 - 16:15
by William Morgan
ARTICLES OF IMPEACHMENT FOR DONALD J. TRUMP
Saturday 13 - 02:33
by David R. Hoffman, Legal Editor of Pravda.Report
As War Party shadow boxes, its agenda surges unopposed
Friday 12 - 14:28
by Daniel Patrick Welch
Yves Bouvier caught in a real estate bankruptcy
Thursday 11 - 20:19
by Pierre Gove
Book: This Is How The State Fucks Your Mind
Tuesday 9 - 19:16
by OAF
ISRAEL’S 1967 ATTACK ON INTELLIGENCE SHIP U.S.S. LIBERTY - THE ONLY MYSTERY
Thursday 20 - 20:06
by JOHN CHUCKMAN
Denmark eaten down to the bone, what’s next?
Wednesday 19 - 16:22
by Henrik Petersen

home | webmaster



Follow-up of the site's activity
RSS Bellaciao En


rss FR / rss IT / rss ES



Bellaciao hosted by DRI

It is the responsibility of the intellectual to speak the truth and to expose lies. Noam Chomsky
Facebook Twitter Google+
DAZIBAO
I, European citizen, won’t let refugees be rejected in my name
Thursday 10 March
©Olivier Jobard/Myop I, European citizen, won’t let refugees be rejected in my name THE RIGHT TO ASYLUM IS A RIGHT In the phrase « right to asylum », every word matters. Under the law, every person who is persecuted because of his or her political opinions or because of his or her identity, every person that is endangered by violence, war or misery has a RIGHT to seek asylum in another country The aim of this petition is to collect (...)
read more...
Neo-Nazis and far-right protesters in Ukraine 3 live-stream
Friday 24 January
2 comments
The far-right in Ukraine are acting as the vanguard of a protest movement that is being reported as pro-democracy. The situation on the ground is not as simple as pro-EU and trade versus pro-Putin and Russian hegemony in the region. When US Senator John McCain dined with Ukraine’s opposition leaders in December, he shared a table and later a stage with the leader of the extreme far-right Svoboda party Oleh Tyahnybok. This is Oleh Tyahnybok, he has claimed a "Moscow-Jewish mafia" (...)
read more...
Hugo Chavez is dead (video live)
Wednesday 6 March
by : Collective BELLACIAO
1 comment
President Hugo Chavez companeros venezueliano died after a long battle with cancer.
read more...
International initiative to stop the war in Syria Yes to democracy, no to foreign intervention!
Thursday 13 December
Your support here: http://www.peaceinsyria.org/support.php We, the undersigned, who are part of an international civil society increasingly worried about the awful bloodshed of the Syrian people, are supporting a political initiative based on the results of a fact-finding mission which some of our colleagues undertook to Beirut and Damascus in September 2012. This initiative consists in calling for a delegation of highranking personalities and public figures to go to Syria in order to (...)
read more...
THE KU KLUX KLAN ONCE AGAIN CONTROLS INDIANA
Monday 12 November
by : David R. Hoffman, Legal Editor of Pravda.Ru
7 comments
At first glance, the results of America’s 2012 election appear to be a triumph for social, racial, and economic justice and progress in the United States: California voters passed a proposition requiring the rich to shoulder their fair share of the tax burden; Two states, Colorado and Washington, legalized the recreational use of marijuana, while Massachusetts approved the use of marijuana for medical purposes; Washington and two other states, Maine and Maryland, legalized same-sex (...)
read more...
I’VE DECIDED TO "WASTE" MY VOTE
Sunday 28 October
by : David R. Hoffman, Legal Editor of Pravda.Ru
In a 2004 episode of Comedy Central’s animated series South Park, an election was held to determine whether the new mascot for the town’s elementary school would be a “giant douche” or a “turd sandwich.” Confronted with these two equally unpalatable choices, one child, Stan Marsh, refused to vote at all, which resulted in his ostracization and subsequent banishment from the town. Although this satirical vulgarity was intended as a commentary on the two (...)
read more...
HIGHER EDUCATION IN AMERICA: DREAM OR NIGHTMARE? PART IV
Friday 28 September
by : David R. Hoffman, Legal Editor of Pravda.Ru
PART I PART II PART III If there is one major inconsistency in life, it is that young people who know little more than family, friends and school are suddenly, at the age of eighteen, supposed to decide what they want to do for the rest of their lives. Unfortunately, because of their limited life experiences, the illusions they have about certain occupations do not always comport to the realities. I discovered this the first time I went to college. About a year into my studies, I (...)
read more...
HIGHER EDUCATION IN AMERICA: DREAM OR NIGHTMARE? PART III
Friday 28 September
by : David R. Hoffman, Legal Editor of Pravda.Ru
PART I PART II PART IV Disillusioned with the machinations of so-called “traditional” colleges, I became an adjunct instructor at several “for-profit” colleges. Thanks largely to the power and pervasiveness of the Internet, “for-profit” colleges (hereinafter for-profits) have become a growing phenomenon in America. They have also been the subject of much political debate and the focus of a Frontline special entitled College Inc. Unlike traditional (...)
read more...
HIGHER EDUCATION IN AMERICA: DREAM OR NIGHTMARE? PART II
Friday 28 September
by : David R. Hoffman, Legal Editor of Pravda.Ru
PART I PART III PART IV Several years ago, a young lady came into the college where I was teaching to inquire about a full-time instructor’s position in the sociology department. She was advised that only adjunct positions were available. Her response was, “No thanks. Once an adjunct, always an adjunct.” Her words still echo in my mind. Even as colleges and universities raise their tuition costs, they are relying more and more on adjunct instructors. Adjuncts are (...)
read more...
HIGHER EDUCATION IN AMERICA: DREAM OR NIGHTMARE? PART I
Friday 28 September
by : David R. Hoffman, Legal Editor of Pravda.Ru
PART II PART III PART IV When The Bill of Rights was added to the United States Constitution over two hundred years ago, Americans were blessed with many rights considered to be “fundamental.” One conspicuously missing, however, was the right to an education. This was not surprising given the tenor of the times. America was primarily an agrarian culture, and education, especially higher education, was viewed as a privilege reserved for the children of the rich and (...)
read more...
ONE SOLITARY LIFE, PART TWO
Monday 30 July
by : David R. Hoffman, Legal Editor of Pravda.Ru
3 comments
If there is one universal question that haunts all human beings at some point in their lives, it is, “Why do we die?” Death, after all, is the great illogic. It ultimately claims all, the rich and the poor, the mighty and the small, the good and the evil. Death also has the capability to make most human pursuits—such as the quest for wealth, fame and power—vacuous and fleeting. Given this reality, I have often wondered why so many people are still willing to (...)
read more...
HOW MUCH CORRUPTION CAN DEMOCRACY ENDURE?
Thursday 28 June
by : David R. Hoffman, Legal Editor of Pravda.Ru
6 comments
How much corruption can a “democracy” endure before it ceases to be a democracy? If five venal, mendacious, duplicitous, amoral, biased and (dare I say it) satanic Supreme Court “justices”—John Roberts, Samuel Alito, Antonin Scalia, Clarence Thomas and Anthony Kennedy—have their way, America will soon find out. In several previous articles for Pravda.Ru, I have consistently warned how the Supreme Court’s 2010 Citizens United decision is one of the (...)
read more...
DEMOCRACY IN THE HANDS OF IDIOTS, PART TWO
Tuesday 12 June
by : David R. Hoffman, Legal Editor of Pravda.Ru
1 comment
Imagine, if you will, that the United States government passes a law banning advertisers from sponsoring commercials on Rush Limbaugh’s radio show or Rupert Murdoch’s Fox (Faux) “News” Network. On one hand, there would be two decided advantages to this ban: The National IQ would undoubtedly increase several percentage points, and manipulative pseudo-journalists would no longer be able to appeal to the basest instincts in human nature for ratings and profit while (...)
read more...
DEMOCRACY IN THE HANDS OF IDIOTS
Thursday 7 June
by : David R. Hoffman, Pravda.Ru Legal Editor
4 comments
LIVE, from the State that brought you Senator Joseph McCarthy, Wisconsin voters now proudly present, fresh from his recall election victory, Governor Scott Walker! At first glance, it is almost unfathomable that anyone with a modicum of intelligence would have voted to retain Scott Walker as Wisconsin’s governor. This, after all, is a man who openly declared he is trying to destroy the rights of workers through a “divide and conquer” strategy; who received 61% of the (...)
read more...
PEOPLE WITHOUT SOULS
Tuesday 13 March
by : David R. Hoffman, Legal Editor of Pravda.Ru
2 comments
A question I’ve frequently been asked since I began writing for Pravda.Ru in 2003 is, “Why did you become disillusioned with the practice of law?” This question is understandable, particularly since, in most people’s minds, being an attorney is synonymous with wealth and political power. I’ve always been reluctant to answer this question for fear it will discourage conscientious and ethical people from pursuing careers in the legal profession—a (...)
read more...