Wendy Gramm. Nee Wendy Lee, like President Barack Hussein Obama, born in Hawaii.
No one to my knowledge has ever demanded the "real" birth certificate of Ms Professor Senatorial wife, Enron Board of Directors Wendy Gramm, nee Lee.
Surely the paths of Wendy Lee Gramm and I were destined never to cross in any conceivable way, we were, supposedly, in entirely different realms of existence. I wasn't born in Hawaii, never will I ever be on the board of directors of any corporate entity, the closest I ever got to a U.S Senator was when I shook then Senator Tom Daschle's hand in Mitchell, South Dakota, which is the only possible place where a commoner like me could shake a senator's hand, and in the days when I was relatively still flush with funds, I was illicitly put into the wrong reception line just because it was my birthday and I got to shake hands with two Senators, Patty Murray and Hillary Clinton even though I hadn't shelled out the more than $1,000 necessary to be in such a line -- and I have a picture to prove it! I have had my fleeting days of glory!
But, to go back to those early days of my rosy financial flushness ... it was the late 1990s. I was happily languishing in the rosy balm-filled latter days of Bill Clinton, working for a small at that time employee-friendly insurance company in Seattle, making for the very first time in my life ALMOST $23,000 A YEAR! And at Christmas we got sweet little Christmas cards with holes in the front which revealed the phiz of Benjamin Franklin ... on the face of a $100 bill.
But evil things were afoot, well before those heady, money-filled days in my impoverished life.
In 1992, Professor Wendy Gramm joined the Board of Directors of Enron Corp., after serving a five-year term as head of the Commodity Futures Trading Commission where she provided for her future welfare by seeing to the welfare of Enron Corp. as head of the CFTC:
Although her husband is far better known, Wendy Gramm earned a place of power for herself in Washington. In 1988 she was appointed chairwoman of the trading commission by President Ronald Reagan. The commission at the time regulated futures trading in electricity, a business Enron hoped to dominate.
Shortly after President Bill Clinton took office in 1993, and Gramm was set to lose her chairmanship, she pushed through a rule deregulating the trading of energy contracts. Enron had been lobbying for exemption from regulation for months.
Six days later she resigned. Five weeks later she was on the board at Enron.
http://www.oreilly-sucks.com/...
.... where she served on the audit committee, which oversees the inner financial workings of the corporation. For this, the company paid her between $915,000 and $1.85 million in stocks and dividends, as much as $50,000 in annual salary, and $176,000 in attendance fees, according to a report by Public Citizen, a group that has relentlessly tracked Enron, which in turn has called the report unfair.
Meanwhile Enron had become Phil Gramm's largest corporate contributor—and according to Public Citizen, the largest across-the board donor in its industry. Between 1989 and 2001, the company tossed Gramm just under $100,000.
http://www.villagevoice.com/...
Wooh! All those six-figure and even a seven-figure sums of money! And $915,000 is damned near $1mm. That's way out of my short-lived $23,000 per annum league.
That's one damn high-price Whore!
My $23.000 per annum happy little world was headed for a crash.
The Whore's hubby was still cozily ensconced in the U.S Senate where:
In 1999, former Senator Phil Gramm ... set out to completely gut the Glass-Steagall Act, and did so successfully, replacing most of its components with the new Gramm-Leach-Bliley Act: allowing commercial banks, investment banks, and insurers to merge (which would have violated antitrust laws under Glass-Steagall).... Shortly after George W. Bush was elected president, Congress and President Clinton were trying to pass a $384 billion omnibus spending bill, and while the debates swirled around the passage of this bill, Senator Phil Gramm clandestinely slipped a 262-page amendment into the omnibus appropriations bill titled: Commodity Futures Modernization Act. It is likely that few senators read this bill, if any. The essence of the act was the deregulation of derivatives trading (financial instruments whose value changes in response to the changes in underlying variables; the main use of derivatives is to reduce risk for one party).
http://losangeles.injuryboard.com/...
The Commodity Futures Modernization Act, aka as the Enron Loophole.
And here is where the lives of me and totally out of my league Professor Wendy Lee Gramm became financially entwined...
My tiny little employer, the employee-friendly insurance company, had purchased, with high hopes of high profit, a rather large Enron bond. We all know what happened with Enron and those who bet on its fortunes.
My employer was devastated. Rigorous entrenchment ensued, and employee-friendly practices disappeared. Gone were the Ben Franklins for Christmas. Older, supposedly costly employees like me with my pitsy $23,000 per annum were strongly urged to leave and take early retirement so that they could hire younger, cheaper employees, or outsource labor.
I capitulated, but I was pissed.
Done in immediately by the Enron Loophole, the Commodities Futures Modernization Act. Later, my retirement IRA was to be more than halved by the Gramm-Leach-Bliley Act and the collapse of gambling banks, stock market casinos and deregulation and now struggles to maintain its six-figure status. That coupled with my pisspoor SS (I have been a poorly-paid female all my life..) does not make me a rich bitch like Wendy Lee.
I hate the whorish bitch Wendy Lee Gramm, and I would gladly see Wendy and Phil Gramm pinioned to a stake in the midst of a mountainous pile of flame-engulfed worthless stock shares.
Sizzle away, Whores!
But, alas, Wendy whiles away (or, more wickedly, wiles away) everyone's lives and assets in the dominion of the Mercatus Center:
The Mercatus Center was founded and is funded by the Koch Family Foundations. According to financial records, the Koch family has contributed more than thirty million dollars to George Mason, much of which has gone to the Mercatus Center, a nonprofit organization. Democratic strategist Rob Stein described the Mercatus Center as "ground zero for deregulation policy in Washington.”
The Mercatus Center has engaged in campaigns involving deregulation, especially environmental deregulation. It now fills the role once played by the economics department at Chicago University as the originator of extreme neoliberal ideas. Fourteen of the 23 regulations that George W Bush put on his hitlist were, according to the Wall Street Journal, first suggested by academics working at the Mercatus Centre.
The Wall Street Journal has called the Mercatus Center “the most important think tank you’ve never heard of...”
http://www.sourcewatch.org/...
And sonny boy Marshall Kenneth (after Kenny Boy Lay, no doubt) Gramm is an associate professor of economics who writes papers with interesting titles:
The Efficiency of Exotic Wagers in Racetrack Betting
What Do Bettors Want? Determinants of Parimutuel Betting Preference
The Effect of Late Money on Betting Market Efficiency
Betting Market Efficiency at Premiere Racetracks
And there are strong indications that the other sonny boy is tight in insider trading circles.