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Throw Them All Out 

16 November 2011 
 

Do you know America's top politicians exit their office with millions more than credible based on their salaries and perhaps some patient investing? Do you know how they achieve that? Nobody has directly and fully answered that question until Throw Them All Out was published.

你知道美国高官离职时个个都捞了个钵满盆满吗?你知道他们是怎么通过当大官来发大财的?《统统滚他妈的蛋》终于揭示了其中的奥妙。

The book, freshly published on November 15, 2011, was written by Peter Schweizer, a research fellow at the Hoover Institution, Stanford University, and a consultant to the White House Office of Presidential Speechwriting between 2008 to 2009.

这本昨天刚印发的书是由彼得·史威泽攥写的。史先生是斯坦福大学的研究员,并于2008至2009年间担任白宫总统发言撰稿人顾问。

In the light of Schweizer's investigation, one of the biggest scandals in American politics is waiting to explode:

史先生的调查报告为世人揭开了一个惊天大秘密:

The full story of the inside game in Washington shows how the permanent political class enriches itself at the expense of the rest of us.

盘踞在华盛顿的是一群腐败特权阶层,他们利用手中职权通过内部交易发财,损害美国民众的利益。

Insider trading is illegal on Wall Street, yet it is routine among members of Congress. Normal individuals cannot get in on IPOs at the asking price, but politicians do so all the time. The Obama administration has been able to funnel hundreds of millions of dollars to its supporters, ensuring yet more campaign donations. An entire class of investors now makes all of its profits based on influence and access in Washington.

内部交易在华尔街是非法的,但国会议员却可以不受法律约束。奥巴马政权通过这种渠道攫取了上亿美元的资产用于总统竞选活动。而投资人再通过他们在华盛顿的关系从公众攫取更多的资财。

Peter Schweizer has doggedly researched through mountains of financial records, tracking complicated deals and stock trades back to the timing of briefings, votes on bills, and every other point of leverage for politicians in Washington. The result is a manifesto for revolution:

通过对海量资料的深入研究,线索追查而得出的结论,史先生发出了如下的革命性宣言:

America's Permanent Political Class must go!

美国有一个固化的政治阶级。这个阶级必须被清除

More details at Amozon.com

Citizen John (amazon.com):

When I go to the election booth, I don't see the option, "None of the above," below the candidate names.

我在选票上找不到半个值得我投票的人。

The `Permanent Political Class' makes rules for itself. Members with no time to meet small business constituents do not spare any trouble to legally enrich themselves through earmarks, real estate deals, securities violations, trading on inside information, self-dealing with stimulus funds and literally every budget item.

这个固化的政治阶级制定了适合他们的法律。那些抽不出时间到选民中访贫问苦的人,却有充裕的时间通过暗箱操作挣大钱。

DC is a profit center for them and all those that support them in various capacities, as they use government to enforce sophisticated pay-to-play and don't-make-no-waves rules. There is little incentive for them to leave Washington, which is one reason they became the permanent political class.

华盛顿就是贪污腐败的总部,那些国会山上的人无非就是看钱说话,同时互相包庇,狼狈为奸。怪不得他们谁也不肯离开政坛,这也是固化的政治阶级得以形成的原因。

Schweizer cites popular officials that play the IPO (Initial Public Offering) game. For example, he shows how Nancy Pelosi, the 60th Speaker of the United States House of Representatives with an estimated net worth of $58 million, bought 5,000 shares of V (Visa) at the privileged IPO price $44. This trade showed a profit immediately and the shares went up to about $88 in a matter of days. However, Pelosi worked on major legislation that if it had not been killed in the body she led, would have had a strong negative affect on the price right at that time. The rest of us can't do it because we're subject to strict conflict of interest rules, unlike lawmakers. Plus, we're not invited to participate in IPOs until after the price is run up.

在史先生所列举的例子里有第六十届国会议长南希·佩骡西。此人身家值五千八百万。当初曾一气买下了5000股“签证”,没过几天44块钱一股的“签证”就疯涨到88块钱。而这支股票的剧烈波动和她领导的国会的某些议案密切相关。要是我们普通人这么干早就被抓起来了。但在美国,法律对制定法律的人无能为力。再着说,我们小百姓也没有参与讨论议案的机会,也不会知道哪支股票几时会涨何时会跌。

According to US law, if you're an elected official and you sit on an important committee, you are allowed to trade on the information that comes to you or even results from your committee-related decisions. It stands to reason that if you're on the banking committee, you probably trade bank stocks, playing it both long and short. If you're a staffer, you may accumulate sensitive information and sell it to hedge funds. A lot of careerists trade on non-public information.

按照[混帐的]美国法律,如果你是哪个重要委员会的成员,你可以利用你了解的内部信息或相关决定随便挣钱,没人管你。

This book is a manual on ways to give money legally to elected officials. One big story is how Congressman Spensor Bachus used a private meeting with Fed Chair Bernanke and Treasury Secretary Paulson. Bachus was in the role of Ranking Member on the House Financial Services Committee. He used the dire information presented to him in this meeting to bet heavily that the market would go down, using option trades. Bachus, working with Bernanke and Paulson from July 2008 to November 2008, scalped $50K out of the falling market. The book has lots of war stories like that.

书中列举的另一个典型例子是议员白楚思。白某是财政评级机构成员。他通过和联邦主席博纳克及财政部长泊森的私下会面获得有关市场的关键信息,并由此斩获5万元。这样的例子在书中不胜枚举。

While Throw Them All Out is our wake up call, it is also a potential training guide for future politicians. After all, Congress is unlikely to change the substance of rules that allow them to make a killing year on year. We should not aspire to do what they do. This would land the rest of us in prison and earn their contempt for us.

这本书为美国社会敲响了警钟。但有什么用呢?那些政客是不会主动改邪归正的,他们只会从书中学到更多的贪腐之道。只是小民百姓看了千万别有样学样,须知法律是无情的。

Hassan Z. Brockovich Sr.:

According to author's earth-crushing investigation, the permanent political class is in power in Washington, D.C., because average Americans are all just lazy, stupid and unmotivated, while the political class is savvy, aggressive and very ambitious. I could not agree more; after all, how can you explain that the political class keeps lying to the average voter...yet the average voter keeps sending them back every election cycle to Washington, D.C., to screw them over some more?!?!?

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