Posted on 07/16/2009 7:41:32 AM PDT by conservativeDC
...Recently, Roll Call highlighted the lobbying organization connected to Congressman Jack Murtha, D-Pa.the PMA Groupand its efforts to sue its former clients for unpaid debts. They noted that a company called Badenoch LLC was countersuing PMA, claiming that the PMA had cheated it out of a $3 million earmark.
Badenoch LLC is a small defense contractor, which is developing an alternative to the military humvee, which it believes will be safer and more roadworthy. A little digging into public records reveals an interesting financial relationship between the president of Badenoch LLC and the Congressman who sponsored his companys previous earmark requests.
Former Congressman Joe Knollenberg, R-Mich., who lost reelection in 2008, had previously sponsored earmarks for Badenoch LLC totaling $2.8 million according to LegiStorm, a website that tracks earmarks.
Knollenberg received a good return on these earmarks. The company president, Scott Badenoch, gave $4,600 to Knolleberg since 2007, with his family members chipping in another $6,100 according to Open Secrets, a government watchdog website. Badenochs son listed his occupation as a student, but still managed to donate $1,400, while Badenochs wife, listed as a homemaker, has donated $4,600. Both Badenoch and his wife donated the maximum amount of money allowed by law to Knollenberg in 2007 and 2008.
Would Knollenberg have received these lucrative donations if he hadnt sponsored Badenochs earmark?
Theres no way to know for sure, but the evidence indicates...
(Excerpt) Read more at thedcwriteup.com ...
“Money is the barometer of a societys virtue. When you see that trading is done, not by consent, but by compulsionwhen you see that in order to produce, you need to obtain permission from men who produce nothingwhen you see that money is flowing to those who deal, not in goods, but in favorswhen you see that men get richer by graft and by pull than by work, and your laws dont protect you against them, but protect them against youwhen you see corruption being rewarded and honesty becoming a self-sacrificeyou may know that your society is doomed. Money is so noble a medium that is does not compete with guns and it does not make terms with brutality. It will not permit a country to survive as half-property, half-loot.”
- Ayn Rand
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