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In certain cases, poorly negotiated contracts with little oversight have allowed high tolls and, because of failure to estimate the true value of the infrastructure, have given the private sector windfall profits at the expense of local communities. So Goldman Sachs, standing to benefit from these policies, sent Gephardt as an emissary to Sacramento, hoping to persuade the state to monetize infrastructure by levying tolls and then leasing roads to private investors for decades. By January, his run for the presidency was over. a year later, he gathered with friends in St. They brought someone else too, a big-name Democratic politician with serious populist credibility. Cohen on Russiagate The Nation Twitter. Transit grids have been fragmented, causing unpredictable congestion, leading to significant litigation. For more information, visit our Privacy Policy X. Under the Bush administration, PEOs had an ally in the White House, and an NLRB ruling was overturned that had allowed employees working in the same office for different employers to organize as a single bargaining unit. The phrase is lobby-speak for attempts by the pharmaceutical industry to extend patents and block cheaper generic drugs from the market. Certainly there are still those in Congress willing to stand up to pressure from lobbyists—like Cummings, who, after meeting with Gephardt and the Goldman Sachs executives, sent his letter anyway, launching an investigation by TARP inspector general Neil Barofsky. Neither can the Democratic Party. Peabody Energy, for example, approached Gephardt in late about signing on to lobby for the company. For Democrats, it raises the legitimate question of whether his ideological shift from progressive populist to big business champion is indicative of where the entire party is headed after two successive electoral victories.

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Description: Activate your online access. Progressives would be fooling themselves to think the Gephardts of the Beltway are any different from their Republican predecessors. Transit grids have been fragmented, causing unpredictable congestion, leading to significant litigation. Flying mostly under the radar—unions have been slow to recognize the threat they represent—PEOs are in a perfect position to make an entry into the legislative process. Lobbying is a patchwork of tasks, as James Thurber, a professor at American University, explained in a recent interview. Neither can the Democratic Party. But the broader momentum is with the corporate interests, thanks to players like Gephardt who have escorted them to the bargaining table. For Democrats, it raises the legitimate question of whether his ideological shift from progressive populist to big business champion is indicative of where the entire party is headed after two successive electoral victories. They brought someone else too, a big-name Democratic politician with serious populist credibility. As a result, Gephardt has become a highly sought-after and very effective lobbyist. As a result, the big-ticket items are rotting away, key provisions have been removed and bills are being weakened beyond recognition behind closed doors. Latest from the nation Today 6.
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