( – promoted by buhdydharma )
(Crossposted atThe Free Speech Zone)
(This is Part 1 of a 13 part series)
VOTED NAY on Helping Families Save Their Homes Act of 2009
Current Office: U.S. Senate
Seniority: Senior Seat
First Elected: 11/07/1978
Last Elected: 11/04/2008
Next Election: 2014
Party: DemocraticBackground Information
Gender: Male
Family: Wife: Wanda Minge
1 Child: Zeno.
Birth Date: 12/11/1941
Birthplace: Helena, MT
Home City: Missoula, MT
Religion: United Church of ChristEducation:
LLB, Stanford University Law School, 1967
BA, Economics, Stanford University, 1964.Professional Experience:
Attorney, George and Baucus Law Firm, 1971
Attorney, Civil Aeronautics Board, 1967-1971.Political Experience:
Senator, United States Senate, 1978-present
Representative, United States House of Representatives, 1974-1978
Representative, Montana State House of Representatives, 1973-1974.
Executive Director, Committee Coordinator, Montana’s Constitutional Convention, 1972.
Senator Max S. Baucus, Chairman of the Senate Committee on FinanceThe U.S. Senate Committee on Finance (or, less formally, Senate Finance Committee) is a standing committee of the United States Senate. The Committee concerns itself with matters relating to taxation and other revenue measures generally, and those relating to the insular possessions; bonded debt of the United States; customs, collection districts, and ports of entry and delivery; deposit of public moneys; general revenue sharing; health programs under the Social Security Act (notably Medicare and Medicaid) and health programs financed by a specific tax or trust fund; national social security; reciprocal trade agreements; tariff and import quotas, and related matters thereto; and the transportation of dutiable goods.
Baucus is a somewhat right wing member of the Democratic Party, frequently breaking with them on the issues of taxes, the environment, and gun control. Most recently Baucus, as chairman of the Senate Finance Committee, caused controversy when calling the first senate meeting of interested parties before the committee to discuss health care reform by inviting representatives from pharmaceutical groups, insurance companies, and HMOs and hospital management companies, but failed to invite a single representative from groups calling for Single-payer heath care, the reform idea that has the most support amongst medical doctors, nurses, and the population at large. Advocate groups therefore disrupted the meeting to protest their exclusion and the fact that Baucus had said that “Single payer was not an option on the table” and ruled out a public sector option in a pluralistic heath care system that would extend medicare coverage to people under 65 for those prefering not to insure with private heath companies. Some have pointed out that Bauscus is a big recipient of funding from the medical services and health insurance industry.
Notable Industries Who Funded His Campaign And Influenced His Vote Against The Bill:
Let’s get the usual suspects out of the way:
Banking And Investment IndustryGoldman Sachs
Total: $52,900American International Group
Total: $56,750JPMorgan Chase & Co
Total: $59,100Citigroup Inc
Total: $37,000Morgan Stanley
Total:$34,500Morgan Stanley is one of the world’s top investment banks, offering its clients everything from stock portfolio management to credit services. Like others in the securities industry, however, it lobbied for money from the federal government in 2008 and 2009 when the industry-along with the economy-was floundering. The investment bank received billions in taxpayer money from the bailout bill. Morgan Stanley invests in and advises virtually every industry affected by federal legislation. The company, which splits its contributions evenly between Democrats and Republicans, has been a major proponent of privatizing Social Security. Morgan Stanley also has lobbied in favor of proposals to deregulate the securities industry, so that investment firms can further extend their reach into financial services.
http://www.opensecrets.org/pol…
AND
So we can see this Corporate Democrat has been on the take from the ones standing to lose the most from this Housing Bill. Definitely one of the “meat eaters”.
This old school Democrat fucktard has been a member of the aristocracy for so long he doesn’t know any other way to govern then sucking the corporate cock that has financed his repeated successful campaigns for years.
He is so out of touch with the public at this point that this motherfucker has to get the boot. Just seriously, fuck this guy.
Now for the industries, that gave him campaign funds, that you might not have heard about:
KKR & CoTotal: $50,500
Individual: $47,000
PAC’s: $3,500
I did a little search on the KKR & Co and found out something rather interesting, check this out:
Our HistoryWith backing from a handful of individuals and a single financial institution, First Chicago Corporation, KKR began operations on May 1, 1976 as a private equity firm specializing in leveraged buyouts. At that time, the notion of a buyout was not well understood. In fact, our founders, Henry R. Kravis and George R. Roberts, who had been buyout pioneers at Bear, Stearns & Co., helped educate others on the concept of these transactions.
From KKR’s perspective, a leveraged buyout involved our own and third-party equity dollars along with borrowed money for the friendly acquisition of a business with predictable cash flows and the potential for growth. We then spent several years working in partnership with a strong management team to increase a company’s value and would sell the investment and distribute profits to investors.
http://www.kkr.com/company/his…
Wonder why they would be interested in giving him money?
To ease regulations so they could be King Shit!
The biggest leveraged buyout ever is about to be surpassed. Again.Kohlberg Kravis Roberts and the Texas Pacific Group are close to a deal to acquire TXU, the Texas energy giant that has riled environmentalists by proposing to build a raft of new coal plants, for about $45 billion, according to people involved in the talks.
The transaction, if approved at a TXU board meeting on Sunday, would exceed Blackstone Group’s recent $39 billion acquisition of Equity Office Properties, which currently holds the crown as the largest buyout ever. With 2.2 million customers, TXU is by far Texas’ largest energy provider.
The deal would once again thrust Kohlberg Kravis’s co-founder, Henry R. Kravis, ahead of archrival Stephen Schwarzman, co-founder of Blackstone, in a long-running crusade for the status, however brief, as the nation’s buyout king. Mr. Kravis held the title for more than a decade after acquiring RJR Nabisco in 1989.
Thanks in part to easy credit and a growing aversion to the regulations imposed on public companies, buyout firms have found it easier to take down targets once thought beyond their reach. In turn, they have posted figures that have shot past those reached during the last buyout boom, in the late 1990s. In 2006, 205 private equity funds worldwide raised $174 billion, according to data by Thomson Financial. Both K.K.R. and Blackstone are working on $20 billion funds, and the private equity arm of Goldman Sachs is raising a $19 billion fund.
A really nice chart was put up with KKR’s connection to medical devices companies, real estate companies, telecommunications industries, and the energy industry (the Senator is actually environmentally friendly so minor conflict of interest):
http://en.wikipedia.org/wiki/K…
However, since this Corporate Democrat has a fucking hard-on for shooting down any type of Universal Healthcare for the American people,we should probably look at the for-profit healthcare industry….and how they fund him.
We got:
DaVita Inc
Total: $48,350
DaVita provides dialysis services for those diagnosed with chronic kidney failure, a condition also known as chronic kidney disease (CKD).
Amgen Inc
Total: $45,750
Amgen is a leading human therapeutics company in the biotechnology industry.
Aetna Inc
Total: $45,250
Aetna is one of the nation’s leaders in health care, dental, pharmacy, group life, and disability insurance, and employee benefits. Dedicated to helping people achieve health and financial security, Aetna puts information and helpful resources to work for its members to help them make better-informed decisions about their health care.
Blue Cross/Blue Shield
Total: $41,850
Through its 45 local chapters, the Blue Cross/Blue Shield Association provides health care coverage to more than 80 million people. Blue Cross/Blue Shield also has a contract with the federal government to review and process Medicare claims. The association is lobbying Congress to make it harder for the government to penalize companies if their employees defraud the Medicare program and process false claims.
Kindred Healthcare
Total: $28,400
Kindred Healthcare, Inc. is a healthcare services company that through its subsidiaries operates hospitals, nursing centers and a contract rehabilitation services business across the United States. At December 31, 2008, our hospital division operated 82 long-term acute care (“LTAC”) hospitals (6,482 licensed beds) in 24 states. Our health services division operated 228 nursing centers (28,525 licensed beds) in 27 states. We also operated a contract rehabilitation services business which provides rehabilitative services primarily in long-term care settings. Our company stock is traded on the New York Stock Exchange under the ticker symbol KND.
And not surprisingly, an insurance company looking to make bank on the “long-term care” insurance market:
New York Life Insurance
Total: $52,900
Long-Term Care Insurance is still a relatively new type of insurance product. Many people do not understand what long-term care insurance policies cover, how and when the policies pay benefits, and who should obtain coverage.
Now this is just a list of the Top 20 contributors to his campaign committee during the 2003-2008.
There are some Big Pharma as well:
Pfizer Inc
Total: $47,100Merck & Co
Total:$50,500
It gets interesting here as well. Merck a “global research-driven pharmaceutical company” two months ago proposed a merge with another company:
As of March 2009, Merck has proposed to merge with Schering-Plough in a 41 billion dollar deal. This combined corporation would be the 2nd largest pharmaceutical company in the world. The proposed deal is expected to close in the fourth quarter of 2009.
Schering-Plough Corp is another company, in fact the top contributor, that gives campaign funds to Senator Baucus.
Schering-Plough Corp
Total: $92,200
So it’s no wonder that he goes to bat for big pharma and the for=profit insurance companies that want to keep raking in the dough.
Can’t make the profit you make now when healthcare is nationalized and the costs of medications are lowered. For-profit insurance would lose a lot of bucks too. No universal healthcare reform vote from him.
Oh, and fuck the poor kids under the age of 19:
Senator Baucus voted NO
Vote to adopt an amendment that would define a “targeted low-income child” who is eligible for child health assistance under the State Children’s Health Insurance Program (SCHIP) as “an individual under age 19, including the period from conception to birth.”
http://www.votesmart.org/issue…
What….a….scumbag!
Since they’re paying him, he doesn’t give a shit of a fuck about you or your poor sick children.
Voting down the “Helping Families Save Their Homes Act of 2009” was just making sure he would get his check from the banking and investment industry.
No biggie for him, less painful to his conscience than denying sick poor kids health insurance i’m sure.
Fuck Senator Max S. Baucus.
Fuck him right in his Big Pharma supportin’, for-profit health insurance lovin’, corporate cock sucking, ass.
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Fucking coward.
And worthless piece of shit.
Pardon my rant.
I do not mean to offend.
Some may like Senator Baucus.
Which is fine.
Back to my rant: He’s a piece of shit.
If you’re going to cover all of them, you’ll need a special search tag. And if you do, thanks in advance.
Man, this could be useful.