Saturday, November 05, 2005

"Greed is Good"

Abramoff's Last Stand "Even in Washington, the rise and fall of Jack Abramoff is breathtaking. At his peak he commanded $750-an-hour lobbying fees and maintained impeccable ties to the leaders of the conservative movement, where he was known as the "godfather" of Tom DeLay's lobbying network. DeLay himself once called Abramoff "one of my closest and dearest friends." Now Abramoff is perhaps the most radioactive figure in the nation's capital, thanks to the revelations last year that he and partner Michael Scanlon, a former DeLay aide, defrauded a half-dozen Indian tribes of $82 million in lobbying fees between 2001 and 2004. He is the subject of a wide-ranging interagency criminal probe in Washington and has been indicted in Florida on wire fraud and conspiracy charges in the purchase of SunCruz Casinos, whose previous owner was shot dead months after Abramoff acquired the company. The Indian probe, focused on the exorbitant fees tribes were charged by Abramoff and Scanlon to lobby on Indian gaming issues, has implicated DeLay, House Administration Committee chairman Bob Ney, antitax activist Grover Norquist and former Christian Coalition head Ralph Reed, among others. The government's top procurement official, David Safavian, was arrested in September for obstructing the Justice Department's investigation into Abramoff. Bush's nominee for Deputy Attorney General, Tyco executive Timothy Flanigan, withdrew his nomination after disclosing that Abramoff had lobbied on Tyco's behalf. The Senate's Committee on Indian Affairs, chaired by John McCain, has prompted a flurry of headlines about Abramoff since its investigation began in September 2004. It has opened a window into Abramoff and Scanlon's lurid world of bogus Christian front groups, self-enriching charitable organizations, expletive-filled e-mails and lavish Congressional junkets, all seemingly driven by Gordon Gekko's famous mantra from the movie Wall Street: "Greed is good."
$Loading... = the National Debt


On August 15, 1935, Wiley Post, the first pilot to fly solo around the world, and American humorist Will Rogers were killed when Post's plane crashed on takeoff from a lagoon near Point Barrow, in Alaska.


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