This Is Why Lobbying and Ethics Reform Is Important

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An unbelievable $8 billion in financial fraud was enabled by the fact that Washington politicians, in exchange for feeding at Robert Allen Stanford’s campaign money trough, acceded to the money manager’s wishes and didn’t pass a 2002 bill that would have made preventing and discovering fraud of exactly his kind much, much easier. Hey, here’s a thought! Maybe when a guy spends millions of dollars urging you and your colleagues not to pass stricter controls on fraud, you should pause and consider his motivations! He’s probably into something he’s not supposed to be into!

This is infuriating. The lawmakers who took money from Allen should have to write personal checks to the people he defrauded. They bear responsibility for this.

(Serious kudos to OpenSecrets for uncovering this connection.)

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And usually, that serves us well in doing the ambitious, hard-hitting journalism that you turn to Mother Jones for. But it also means we can't afford to come up short when it comes to scratching together the funds it takes to keep our team firing on all cylinders, and the truth is, we finished our budgeting cycle on June 30 about $100,000 short of our online goal.

This is no time to come up short. It's time to fight like hell, as our namesake would tell us to do, for a democracy where minority rule cannot impose an extreme agenda, where facts matter, and where accountability has a chance at the polls and in the press. If you value our reporting and you can right now, please help us dig out of the $100,000 hole we're starting our new budgeting cycle in with an always-needed and always-appreciated donation today.

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