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Village Voice: "John Boner: Yet Another Lobbying *Slut*?"

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Bluebear Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-02-06 05:47 PM
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Village Voice: "John Boner: Yet Another Lobbying *Slut*?"
Today, the second blow of the one-two punch landed home. Rep. John Boehner, Republican of Ohio, was elected House Majority Leader (to replace the indicted Tom DeLay) in an upset over current whip Roy Blount.

Somehow, Boehner managed to brand himself the reform candidate. That might be news to Sallie Mae, the student-loan behemoth, which in the 2003-2004 election cycle contributed over $100,000 to Boehner through its PACs and individual contributors. That's 40 percent of all contributions made by the entire student loan industry, reported Stephen Burd in the Chronicle of Higher Education last week.

"On several occasions, Mr. Boehner was a guest of Albert L. Lord, who was Sallie Mae's chief executive officer from 1997 to 2005 and is now chairman of its board, on the company's corporate jet, primarily for golf outings in Florida. The company also helped sponsor a party that Mr. Boehner threw in New York at the 2004 Republican National Convention. In addition, Mr. Boehner's daughter, Tricia, works for the General Revenue Corporation, a loan-collection company owned by Sallie Mae."

These are the kind of cozy, K-Street relationships that lobbying reform is all about. Why is this friendship between the new House leader and Sallie Mae bad for students? It's in Sallie Mae's interest to hold onto its billions of dollars in annual government subsidies. This is money, from a limited federal higher education budget, that's not being applied to grants or to making loans more affordable for students. It's never been a better time to call or write your Congressperson about the importance of a federal student aid financing system that's fair to everyone. Well, maybe last week would have been a better time. But now's good too.

http://villagevoice.com/news/0606,kamenetz,72043,2.html
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