WOW! Politicians on both sides of the aisle are now acting as if they were crowned rather than elected. Members of both the Senate and House have directed taxpayer money toward personal projects. We learned on February 9 that 33 congressmen have directed more than $300 million of taxpayer money, in the form of earmarks and other spending provisions, toward dozens of public projects that are next to or within about two miles of the lawmakers' own property.
I include only the top ten (money-wise) here. You can find the entire list at this Washington Post site.
- Sen. Richard Shelby (R-AL) - $100 million
- Rep. Kay Granger (R-TX) - $51.9 million
- Rep. Nancy Pelosi (D-CA) - $50 million
- Sen. Harry Reid (D-NV) - $21.5 million
- Rep. Mark Rahall (D-WV) - $20 million
- Rep. Harold Rogers (R-KY) - $7.1 million
- Sen. Lisa Murkowski (R-AK) - $6.9 million
- Rep. Jack Kingston (R-GA) - $6.3 million
- Rep. John Oliver (D-MA) - $5.1 million
- Rep. Frank A. LoBiondo (R-NJ) - $4.68 million
This is perfectly legal under the ethics rules congress has written for itself. Rules governing behavior should not be self-generated, especially when congress is involved. And who can forget that Pelosi, while thwarting credit card reform for two years, had her husband buy $1 million to $5 million of Visa stock, then watched her investment increase by 203 percent. And let's not forget John Boehner (R-OH), who opposed Obamacare, bought numerous healthcare company stocks while opposing the "public option."
In the irony department, Pelosi supported the House version of the Stop Trading on Congressional Knowledge (STOCK) Act, including an amendment inserted by Republicans that highlights the controversial purchase of Visa shares by her husband, known as the "Pelosi provision." She also accused Republicans of weakening the bill by deleting some provisions passed by the Senate. At least congress is making a big show of trying to police itself in regard to insider trading. But all we hear about earmarks is a moratorium and an effort by two senators to end them. Sen. Claire McCaskill (D-MO) and Sen. Pat Toomey (R-PA) introduced the "Earmark Elimination Act of 2011." But, in view of earmarks she has sought, how serious can Sen. McCaskill's efforts be?