Wed Jun 27, 2012, 09:32 AM
kpete (54,227 posts)
Exclusive: Northrop Awards Lobbyist $500K Bonus Wks Before Becoming Low-Paid Congressional Staffer
Source: Republic Report
Exclusive: Northrop Grumman Awards Lobbyist $500K Bonus Weeks Before Becoming Low-Paid Congressional Staffer Shaping Military Policy
Northrop Grumman, the fourth largest weapons maker in the world, follows the actions of Congress very closely. The F-35, which may cost over $1.45 trillion because of unprecedented cost overruns, an expensive surveillance drone program criticized as unnecessary, and even a new fleet of nuclear bombers are among the Northrop Grumman products that may be in jeopardy as the Pentagon is forced to trim fat from the military budget. But luckily for Northrop Grumman, which made $2.12 billionin profits last year, the firm essentially has a man on the inside of Congress with wide sway over how the government spends money on national defense.
In 2011, after Republicans seized the House of Representatives in a landslide victory, the House Armed Services Committee, which oversees the military, gained a new chairman, Representative Buck McKeon (R-CA). As with most leadership changes, McKeon and his committee hired new professional staff. Thomas MacKenzie, a vice president at Northrop Grumman, was tapped to work for the committee beginning in March of 2011.
There are many examples of lobbyists burrowing into government to work in policy areas that impact their former employers. These lobbyists, as Public Citizen’s Craig Holman, an expert on lobbying, has explained, seem happy to accept low-paid public service salaries, perhaps because they can expect extremely high pay once they return to K Street.
In MacKenzie’s case, Northrop Grumman made sure he had extra cash before he went to work writing policy on the defense budget. Republic Report viewed a recently filed ethics disclosure form, and found that Northrop Grumman paid MacKenzie a $498,334 bonus in 2011, just before he went to work under McKeon as a committee staffer. The bonus was almost the size of MacKenzie’s annual salary at the firm, which was $529,379 in 2010.
Read more: http://www.republicreport.org/2012/grumman-500k-mckeon/
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Exclusive: Northrop Awards Lobbyist $500K Bonus Wks Before Becoming Low-Paid Congressional Staffer (Original post)
Response to kpete (Original post)
Wed Jun 27, 2012, 12:12 PM
riverbendviewgal (3,667 posts)
8. My Teacher in NJ said that Empires implode from within from corruption....So it is.
This does not shock me one bit.
I thank you for bringing this website to my attention. The article on sugar in the same site was astounding..
Eliminate sugar from your diet
Stop eating sugar, other than in fruits and veggies. Better for you and it is a boycott that could work like the grape boycott so long ago....
"It’s not a coincidence that the poor — who do not have well-heeled lobbyists at their disposal — lost while the powerful Sugar Lobby maintained its government favors. As The Washington Examiner’s Tim Carney explained last week, Big Sugar has all sorts of deep connections to Washington:
But the lobby for the sugar program is strong. Most famously, the Fanjul family in Florida, owner of Florida Crystals, are deeply embedded in Washington politics. Over the last three elections, the Fanjuls have given more than $1.8 million to federal candidates and political action committees, according to data from the Center for Responsive Politics.
Alfie Fanjul is a longtime Democratic fundraiser (Bill Clinton once interrupted a liaison with Monica Lewinsky to take a call from Alfie). His brother Pepe is a Republican booster. In January, Pepe and his wife hosted a $2,500-a-head Palm Beach fundraiser for Mitt Romney."