June 29, 2005

Very interesting

Rich Miller, of Capitol Fax fame, writes a very interesting piece about the clout of Speaker Madigan, his long struggle to pass a predatory lender regulatory bill to restrain their charging as much as 1000% interest to poor and hard up customers and blighting neighborhoods, and mentions our Senator Jacobs in the process.

Serious, intense clout usually only comes into play at the Illinois Statehouse on behalf of giant corporations, powerful political organizations, influential labor unions, entrenched bureaucracies, or other unstoppable special interests.

Rarely, if ever, is the full force of a legislative leader's office deployed to push a bill that is opposed by the powers that be and has no significant Statehouse constituency. But that happened last month, and it occurred almost entirely under the media's radar screen.

...

So, Madigan began pounding on individual Senate Democrats. At one point, the pressure was so intense that appointed freshman Sen. Mike Jacobs (D-East Moline), who voted against the bill the first time around, complained to the media about Madigan's attempt to dictate terms to the Senate and vowed to continue his opposition. But the speaker never eased the pressure and Sen. Jacobs and two other Democrats eventually voted for the legislation, giving it enough votes to pass the Senate.

Senator Mike fighting for predatory lenders? Say it ain't so! I'm sure there's more to this than meets the eye and Jacobs has a good explanation, likely that he disagreed with certain provisions in the bill. I hope.

1 Comments:

At 6/29/2005 10:05 AM, Blogger The Inside Dope said...

Guess it's the old "ya dances with those what brung ya" maxim.

Like it or not, politicans and their votes are for sale, as much or more than a lady of ill repute.

Until the country gets serious about insisting on campaign finance control, it will continue and likely get worse.

And not all politicians like the way the system works either. They are forced to spend the majority of their time and effort begging people for money.

The influence of money in politics leads to poor governence and a vast majority of the public's needs and wishes going completely unheeded.

 

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