Why Should You Care?

Democrat

To find out what the democratic party states they believe go to http://www.democrats.org/

We would like to believe that our elected officials, democrats and republicans alike, are persons of integrity and high moral standard and that they realize that the reason that their station exists is to advance the common good of "We The People".  We would like to believe that if given the chance, free from corruption and influence by the wealthy and corporations that they will do exactly that.  This amendment is intended to free them from their ties and bonds with the greedy and power glutinous and enable them to do exactly what they were elected to their posts to do!  It is apparent that they can no longer free themselves so "We The People" must take action in order to regain our prosperity and ensure the American Dream for future generations.

Quick Facts!

Barak Obama took $213,000 from individuals who work for Oil and Gas companies and their spouses! (Center for Responsive Politics) http://www.youtube.com/watch?v=NgEHcDj2oPo

Obama took in $421,242 in campaign contributions in 2008 from Bank of America’s executives, PACs and employees, which exceeded its prior record contribution of $329,761 to President George W. Bush in 2004. 

By the end of Barack Obama’s 2008 campaign, executives and others connected with Wall Street firms, such as Goldman Sachs, Bank of America, Citigroup, UBS AG, JPMorgan Chase, and Morgan Stanley, poured nearly $15.8 million into his coffers.

Who helped Barack Obama get into office in 2008? (opensecrets.org) :

Goldman Sachs

$1,013,091

Microsoft Corp

$852,167

Google Inc

$814,540

JPMorgan Chase & Co

$808,799

Citigroup Inc

$736,771

Time Warner

$624,618

Obama Cabinet and Ties to Wall Street

It is not news to discover that there is a revolving door among representative staffers between those on capitol hill, lobbying firms and corporations which creates quite an incestuous network of partners and favors.  In order to illuminate how this plays out in the current administration we have provide an excerpt from an article published at slate.com

Former Chief of Staff Rahm Emanuel, for instance, in a short stint out of politics, earned a reported $16.2 million working in investment banking for Wasserstein Perella, now part of Dresdner Kleinwort. (Remarkably, he earned that $16.2 million in just two-and-a-half years at the firm.) He also sat on Freddie Mac's board, making a total of $320,000 from the mortgage finance company.

Daley, the incoming chief of staff, worked at Chicago's Amalgamated Bank, later joining JPMorgan Chase, where he reportedly made about $5 million per year. But his career has been more diverse career than that, also serving as a corporate lawyer, the head of SBC Communications, and on the boards of Boeing, Abbott Laboratories, and Loyola University Chicago.  Note that JPMorgan Chase received a $12 billion bailout during the financial crisis.

Jacob Lew, the head of the Office of Management and Budget, served as an academic, a wonk, and a government servant for 30 years—with time spent at New York University and the State Department. But his career included a controversial spell at the alternative investments unit—shudder—of Citigroup. As chief operating officer of the unit, which benefited handsomely from betting correctly on the collapse of the housing bubble, Lew reportedly made $1.1 million, possibly not including bonus income. His predecessor, Peter Orzsag, is now at Citigroup, in global investment banking, pulling in an estimated $2 million to $3 million per year.

And the heads of the National Economic Council—Larry Summers and now Gene Sperling—also benefited from Wall Street. Summers, a famed academic economist, headed to hedge fund D.E. Shaw after leaving his post as the president of Harvard University. There, he earned $5.2 million in 2008, plus another $2.7 million in speaking fees for engagements, including many at Wall Street banks. Sperling—another longtime government servant—earned $887,727 from Goldman Sachs for work advising on a nonprofit project in 2008, as well as $158,000 for speeches, many to financial firms, including Allen Stanford's Ponzi scheme of a hedge fund.

It is important that we do a reality check and realize both parties on capitol hill are fundamentally cut from the same mold and are in bed with corporations and are benefiting handily from this unconstitutional relationship.  Although the democratic party does occasionally promote the interests of the working class and promote liberal ideologies the bottom line is that your representatives are so busy fornicating with corporate interests and at the same time promoting their own interests that they don't have time to look out for your interests.

Did you know that over half of the members of congress are MILLIONAIRES.  Imagine if there was a system where you could enter into a Non-Public Investment market and place your assets in a position based on insider information, such as where the government would be spending its money.  Even better if you are one of the decision makers!  This is how, what I will refer to as the "DC Easy" works.  Imagine if we knew the net worth of Bill Clinton and Al Gore two years prior to and two years after their terms in office.  Now let us do that with all members of Congress and extend that to all with whom they do business with during their tenures! Is this the "By the People, For The People", that our forefathers were speaking of?