Submitted by: Debbie Warren
'60 Minutes' on 'honest graft'
CBS’ 60 Minutes went after Speaker John Boehner (R-Ohio), House Minority Leader Nancy Pelosi (D-Calif.), and Financial Services Committee ChairmanSpencer Bachus (R-Ala.) in a Sunday story covering allegations of insider trading and “soft corruption” by powerful members of Congress.
60 Minutes based its report, which also focused on former Speaker Dennis Hastert (R-Ill.) and ex-Sen. Judd Gregg (R-N.H.), on research by Peter Schweizer, a fellow at the conservative Hoover Institution. Schweizer said he and his team of eight student researchers found “forms of honest graft” by lawmakers.
“So it’s not illegal, but I think it’s highly unethical, I think it’s highly offensive, and wrong,” Schweizer told 60 Minutes of what he discovered.