...Corruption and Politics When Jack Abramoff was convicted of tax evasion and sentenced to prison in 2006, the act of lobbying was thrown into the national spotlight. Lobbying has a reputation for being one of the most controversial issues in American politics. It is undeniable to accept the fact that good and bad results when lobbying takes place. Some argue that the downfall of lobbying is a catastrophic problem to the American public while others argue that lobbying creates a healthy relationship between the American public, companies, and the government that complies with the US constitution. In order to determine what action should be taken regarding the act of lobbying, one should question if the act should be outlawed entirely, remain in its current legal state, or reformed. The primary role of a lobbyist is to meet with lawmakers and their staffers on a regular basis. During these meetings valuable information is shared regarding specific issues. Many lawmakers heavily rely on lobbyists to provide vital information when writing legislation. John Kenneth White, a political scientist at Catholic University in Washington expresses how essential the act of lobbying is for politicians while in the process of writing legislation when he says: “They are not only necessary but inevitable” and “The founding fathers fully expected interest groups to organize to defend their property interest.” Professional lobbyists are people whose business consists of influencing legislation...
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...May APLAC December 16 2012 Jack Abramoff Corruption in governments inspires frantic media coverage and people to lose faith in politics. The United States has a long history of these scandals that has initiated some concern about the way the government is run. Jack Abramoff, a once powerful lobbyist, was recently involved in one of the largest scandals in Washington. Abramoff rose from, generally, nothing to becoming America’s most notorious lobbyist. When scandal ultimately cast him down, Abramoff was sentenced to four years in federal prison for fraud, tax evasion, and conspiracy. While serving his term in jail, he had received vile and harsh insults that depicted him as “scum” and “evil.” Now released from the penitentiary, Abramoff is the author of the novel Capitol Punishment. By writing this book, he tries to expose the truth about the broken the U.S. Government system really is but also justify his actions and hope to redeem little pieces of his honor. Using clever diction, syntax, and numerous appeals to pathos, Jack Abramoff attempts to repent for his actions and gain redemption. Abramoff’s diction allows for the audience to view his actions in an alternative more positive direction, rather than maliciously and with anger. The first few chapters of the book describe his childhood and formative years. His conservative principles and his calculating self brought him early spotlight and success in the political realm. Abramoff, for about the first half of his book...
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...Further, interest groups’ leadership is comprised not of elected officials and civil servants, but of lobbyists whose sole intentions...
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...behalf of a client to members of Congress, congressional staffers, the president, White House staff and high-level employees of nearly 200 agencies, regarding the formulation, modification, or adoption of legislation.” Though there is much disagreement about lobbyists, there have been laws enacted to try and control them and those who abuse lobbying. There is always room for improvement with regards to lobbying laws, because there is still your classic loop holes that people use to avoid being in violation of the law. Corporations, organizations, universities, non-profit groups, and even churches lobby the federal government. Organizations, such as those listed, purposely employ people who are known as lobbyists, for services that include “making more than one lobbying contact on behalf of a client” and who also engage in other lobbying activities. Since 1988, 22,000 companies and organizations have employed 3,500 lobbying firms and over 27,000 lobbyists. Over time, many would agree that lobbyists have become very powerful. With the increase of power that these lobbyists have with regards to governmental policies, regulations and laws must also be revised and re-enacted to combat the increased power being gained. Lobbyists are required to register with Congress if their lobbying expenditures exceed more than $24,500 in a six month period. The Secretary of the Senate and the Clerk of the House of Representatives oversee federal lobbying. Under the Lobbying Disclosure Act of...
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...Park Avenue Alexis Ashmeade Kristen Brown Principles of Sociology November 4 2014 Park Avenue is a documentary that focuses and reveals the social inequality currently consuming the United States’ economy. It shows the audience the behind the scenes networking and deals that are made behind the government’s curtain. How the wealthy or the one percent increase their own wealth through monopolies and lobbyist strategies. Social mobility in the United States was only 0.47 as stated in the documentary. Social mobility is the availability of individuals to move within or between social classes to different social statuses. More specifically the documentary talks about 740 Park Avenue in Manhattan which is home to the wealthiest people in Manhattan, it is also home to...
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...Enron Corporation (Former NYSE ticker symbol ENE) was an American energy company based in Houston, Texas. Before its bankruptcy in late 2001, Enron employed approximately 22,000staff and was one of the world's leading electricity, natural gas, communications and pulp and paper companies, with claimed revenues of nearly $101 billion in 2000. Fortune named Enron "America's Most Innovative Company" for six consecutive years. At the end of 2001 it was revealed that its reported financial condition was sustained substantially by institutionalized, systematic, and creatively planned accounting fraud, known as the "Enron scandal". Enron has since become a popular symbol of willful corporate fraud and corruption. The scandal also brought into question the accounting practices of many corporations throughout the United States and was a factor in the creation of the Sarbanes-Oxley Act of 2002. Enron filed for bankruptcy protection in the Southern District of New York in late 2001 and selected Weil, Gotshal & Manges as its bankruptcy counsel. It emerged from bankruptcy in November 2004 after one of the biggest and most complex bankruptcy cases in U.S. history. On September 7, 2006, Enron sold Prisma Energy International Inc., its last remaining business, to Ashmore Energy International Ltd. Following the scandal, lawsuits against Enron's directors were notable because the directors settled the suits by paying very significant sums of money personally. The scandal also caused the dissolution...
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...FAMILY OF SECRETS The Bush Dynasty, America’s Invisible Government, and the Hidden History of the Last Fifty Years RUSS BAKER Contents Foreword by James Moore 1. How Did Bush Happen? 2. Poppy’s Secret 3. Viva Zapata 4. Where Was Poppy? 5. Oswald’s Friend 6. The Hit 7. After Camelot 8. Wings for W. 9. The Nixonian Bushes 10. Downing Nixon, Part I: The Setup 11. Downing Nixon, Part II: The Execution 12. In from the Cold 13. Poppy’s Proxy and the Saudis 14. Poppy’s Web 15. The Handoff 16. The Quacking Duck 17. Playing Hardball 18. Meet the Help 19. The Conversion 20. The Skeleton in W.’s Closet 21. Shock and . . . Oil? 22. Deflection for Reelection 23. Domestic Disturbance 24. Conclusion Afterword Author’s Note Acknowledgments Notes Foreword When a governor or any state official seeks elective national office, his (or her) reputation and what the country knows about the candidate’s background is initially determined by the work of local and regional media. Generally, those journalists do a competent job of reporting on the prospect’s record. In the case of Governor George W. Bush, Texas reporters had written numerous stories about his failed businesses in the oil patch, the dubious land grab and questionable funding behind a new stadium for Bush’s baseball team, the Texas Rangers, and his various political contradictions and hypocrisies while serving in Austin. I was one of those Texas journalists. I spent about a decade...
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...Multinational Corporations and Foreign Direct Investment This page intentionally left blank Multinational Corporations and Foreign Direct Investment Avoiding Simplicity, Embracing Complexity Stephen D. Cohen 1 2007 1 Oxford University Press, Inc., publishes works that further Oxford University’s objective of excellence in research, scholarship, and education. Oxford New York Auckland Cape Town Dar es Salaam Hong Kong Karachi Kuala Lumpur Madrid Melbourne Mexico City Nairobi New Delhi Shanghai Taipei Toronto With offices in Argentina Austria Brazil Chile Czech Republic France Greece Guatemala Hungary Italy Japan Poland Portugal Singapore South Korea Switzerland Thailand Turkey Ukraine Vietnam Copyright # 2007 by Oxford University Press Published by Oxford University Press, Inc. 198 Madison Avenue, New York, New York 10016 www.oup.com Oxford is a registered trademark of Oxford University Press All rights reserved. No part of this publication may be reproduced, stored in a retrieval system, or transmitted, in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior permission of Oxford University Press. Library of Congress Cataloging-in-Publication Data Cohen, Stephen D. Multinational corporations and foreign direct investment: avoiding simplicity, embracing complexity / Stephen D. Cohen. p. cm. Includes index. ISBN-13 978-0-19-517935-4; 978-0-19-517936-1 (pbk.) ISBN 0-19-517935-8; 0-19-517936-6 (pbk.) 1. International...
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