Thursday, August 27, 2009

Bill Richardson CLEARED of any wrongdoing in Pay-to-Play Probe.

After a Federal Grand Jury investigation, NM Governor Bill Richardson and his staff were CLEARED of any wrongdoing!
AP Reports:
SANTA FE, N.M. — New Mexico Gov. Bill Richardson and former high-ranking members of his administration won't be criminally charged in a yearlong federal investigation into pay-to-play allegations involving one of the Democratic governor's large political donors, someone familiar with the case said. The decision not to pursue indictments was made by top Justice Department officials, according to a person familiar with the investigation, who asked not to be identified because federal officials had not disclosed results of the probe.

"It's over. There's nothing. It was killed in Washington," the person told The Associated Press. A federal grand jury began an investigation in 2008 into a possible pay-to-play scheme in which lucrative work on state bond deals went to a Richardson donor. The federal probe derailed Richardson's appointment as commerce secretary in President Barack Obama's administration.

Richardson withdrew his nomination in January, saying the investigation would have delayed his confirmation although he said expected to be cleared. Richardson and members of his staff traveled to Cuba this week for a trade mission. Richardson spokesman Gilbert Gallegos didn't immediately respond to e-mail messages seeking confirmation that no charges were expected from the federal investigation.

5 comments:

Dee said...

It is obvious the NM GOP had NOTHING to begin with!

Bill Richardson --- Stay Strong! Vindication is Sweetest when tasted last!

Vicente Duque said...

The Cato Institute is in favor of Immigration and of Legalization of those "Illegal Aliens" already present in America

Policy Studies about Immigration in America - Measuring the Economic Benefits of Immigration Reform

by Peter B. Dixon and Maureen T. Rimmer

Peter Dixon is the Sir John Monash Distinguished Professor and Maureen Rimmer is a Senior Research Fellow at the Centre of Policy Studies at Monash University in Australia. Their USAGE model of the U.S. economy has been used by the U.S. Departments of Commerce, Agriculture, and Homeland Security, and the U.S. International Trade Commission.

August 13, 2009

Restriction or Legalization? - Measuring the Economic Benefits of Immigration Reform

http://www.freetrade.org/files/pubs/pas/tpa-040.pdf

Some excerps :

Policy Studies

By the latest estimates, 8.3 million workersin the United States are illegal immigrants.

Proposed policy responses range from more restrictive border and workplace enforcement to legalization of workers who are already here and the admission of new
workers through a temporary visa program.

Policy choices made by Congress and the president could have a major economic impact on the welfare of U.S. households.

This study uses the U.S. Applied General Equilibrium model that has been developed for the U.S. International Trade Commission and other U.S. government agencies to estimate the welfare impact of seven different scenarios, which include increased enforcement at the border and in the workplace, and several different legalization options, including a visa program that allows more low-skilled workers to enter the U.S. workforce legally.

For each scenario, the USAGE model weighs the impact on such factors as public revenues and expenditures, the occupational mix and total employment of U.S. workers, the amount of capital owned by U.S. households, and price levels for imports and exports.

This study finds that increased enforcement and reduced low-skilled immigration have a significant negative impact on the income of U.S. households. Modest savings in public expenditures would be more than offset by losses in economic output and job opportunities for more-skilled American workers. A policy that reduces the number of low-skilled immigrant workers by 28.6 percent compared to projected levels would reduce U.S. household welfare by about 0.5 percent, or $80 billion.

In contrast, legalization of low-skilled immigrant workers would yield significant income gains for American workers and households. Legalization would eliminate smugglers’ fees and other costs faced by illegal immigrants. It would also allow immigrants to have higher productivity and create more openings for Americans in higher skilled occupations. The positive impact for U.S. households of legalization under an optimal visa tax would be 1.27 percent of GDP or $180 billion.

Restriction or Legalization?


Milenials.com

Vicente Duque

ultima said...

Dee wrote, "It was killed in Washington," the person told The Associated Press."

That says it all. Nice to have friends in high places!

ultima said...

El Duque be careful what you wish for if you have any descendents who might live to the end of the century when the U.S. may look more like China or India because of your shortsightedness.

Dee said...

I admire Bill Richarson for having the strength and fortitude to stand strong against all of the adversity he was facing.

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