Both before and after Carret Asset Management got the contract in 2007, Nemazee and others connected with it gave campaign contributions to Democratic New Mexico Governor Bill Richardson.

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The asset value of the team would soar with LeBron under contract along with cost certainty to his earnings without any need for negotiation of his contract!

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Tighter monetary policy would then have made an adverse feedback loop more likely: The greater uncertainty about asset values would raise credit spreads, causing economic activity to contract further, thereby creating more uncertainty, making the financial crisis worse, causing the economic activity to contract further, and so on.

WSJ: The Fed Still Has Plenty of Ammunition

But starting in 2007, as HTC began rolling out more phones under its own brand, it was able to tap the strong relationships it had built as a contract manufacturer with all four of the big U.S. wireless carriers--an asset Nokia conspicuously lacked.

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This connection between tax dollars and contract awards to corporations with ties to countries like Iran has been exacerbated by Washington's TARP (Troubled Asset Relief Program) and TALF (Term Asset-Backed Securities Loan Facility) outlays undertaken thus far.

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