Monday, October 27, 2008

I Beg Your Pardon, Mr. Stevens?

Some people may have not seen this yet, but the longest acting US Senator, Ted Stevens, was found guilty of seven counts of federal corruption. Stevens' crimes came about from him taking bribes and gifts from a certain energy consulting firm, of which I have a little personal knowledge. The executives of this firm have already admitted to giving over $250,000 in gifts and services to Senator (soon to be ex-Senator) Stevens.
The great tie-in here is that a certain Alaskan Vice-Presidential candidate was a director of Stevens' 527 group, an independent political group capable of legally raising unlimited funds from corporate donors. Whether Stevens simply had his name on this group, or whether he used it to raise funds or to take bribes is unknown, and not my purpose here. What I want to suggest is a bit of a betting line. First, what are the odds that the seven felonious counts against Senator Stevens net him zero jail time? What are the odds that a Republican victory in the Presidential race earns the good Senator a Presidential Pardons? I'd put the former at about 4:1 and the latter at about 3:2
That is just a bit unjust considering the bribes Stevens took were of the sole purpose of passing legislation that would make it easier for the unnamed energy firm to win billion dollar oil contracts, but as we all know, energy and justice rarely meet on a level ground.

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