Wednesday, March 09, 2005

Biden (D-MBNA) Explained...

...or, exposed, if you'd rather.

Will Bunch of Attytood has a great breakdown on Delaware's MBNA bookend Senators, Carper and Biden. Of the two, Biden's beholdenness is most disconcerting, but jeebus, it doesn't take a rocket scientist to figure out where either senator's allegiance lays, particularly after the bankruptcy bill cloture vote yesterday.

How obvious of a conflict of interest is this?

...Why is Biden such a big fan? Those less cynical than us might argue that, well, MBNA does employ a lot of people in Delaware. True -- but could it also be because MBNA is Biden's biggest contributor -- by a good margin. According to, Biden raised some $147,700 in contributions from MBNA employees from 1999-2004, his biggest source of campaign cash.

Who is that in second? A law firm named Pachulski Stang Ziehl Young Jones & Weintraub, which gave $127,625 over the same period. And who are they, might one ask?

Pachulski Stang is the nation's largest bankruptcy law firm with one of the most highly regarded bankruptcy practices in the country. The firm's client list includes some of the biggest names in the entertainment industry as well as many of the most well-known businesses in the world.

And Jesus was hung on a cross for a few pieces of silver, you're in good company.