Right, cuz that never happens with presidents.. *NM*
Amyrlin Send a noteboard - 16/06/2011 04:41:26 AM
Change? Hope? I feel sorry for those that bought into that crap:
Obama donors net government jobs
By: Fred Schulte, John Aloysius Farrell and Jeremy Borden -- iWatch News
June 15, 2011 04:37 AM EDT
Telecom executive Donald H. Gips raised a big bundle of cash to help finance his friend Barack Obama’s run for the presidency.
Gips, a vice president of Colorado-based Level 3 Communications, delivered more than $500,000 in contributions for the Obama war chest, while two other company executives collected at least $150,000 more.
After the election, Gips was put in charge of hiring in the Obama White House, helping to place loyalists and fundraisers in many key positions. Then, in mid-2009, Obama named him ambassador to South Africa. Meanwhile, Level 3 Communications, in which Gips retained stock, received millions of dollars of government stimulus contracts for broadband projects in six states — though Gips said he had been “completely unaware” that the company had received the contracts.
More than two years after Obama took office vowing to banish “special interests” from his administration, nearly 200 of his biggest donors have landed plum government jobs and advisory posts, won federal contracts worth millions of dollars for their business interests or attended numerous elite White House meetings and social events, an investigation by iWatch News has found.
These “bundlers” raised at least $50,000 — and sometimes more than $500,000 — in campaign donations for Obama’s campaign. Many of those in the “Class of 2008” are now being asked to bundle contributions for Obama’s reelection, an effort that could cost $1 billion.
As a candidate, Obama spoke passionately about diminishing the clout of moneyed interests. Kicking off his presidential run on Feb. 10, 2007, he blasted “the cynics, the lobbyists, the special interests,” who had “turned our government into a game only they can afford to play.”
“We’re here today to take it back,” he said.
But just like other presidential aspirants, Obama relied heavily on megadonors to propel his campaign across the finish line, and many fundraisers have shared in the spoils of victory.
The White House insisted its appointees are eminently qualified. “In filling these posts, the administration looks for the most qualified candidates who represent Americans from all walks of life,” White House spokesman Eric Schultz said. “Being a donor does not get you a job in this administration, nor does it preclude you from getting one.”
The iWatch News investigation found:
• Overall, 184 of 556, or about one-third of Obama bundlers or their spouses joined the administration in some role. But the percentages are much higher for the big-dollar bundlers. Nearly 80 percent of those who collected more than $500,000 for Obama took “key administration posts,” as defined by the White House. More than half the 24 ambassador nominees who were bundlers raised $500,000.
• The big bundlers had broad access to the White House for meetings with top administration officials and glitzy social events. In all, campaign bundlers and their family members account for more than 3,000 White House meetings and visits. Half of them raised $200,000 or more.
• Some Obama bundlers have ties to companies that stand to gain financially from the president’s policy agenda, particularly in clean energy and telecommunications, and some already have done so. Level 3 Communications, for instance, snared $13.8 million in stimulus money.
Obama donors net government jobs
By: Fred Schulte, John Aloysius Farrell and Jeremy Borden -- iWatch News
June 15, 2011 04:37 AM EDT
Telecom executive Donald H. Gips raised a big bundle of cash to help finance his friend Barack Obama’s run for the presidency.
Gips, a vice president of Colorado-based Level 3 Communications, delivered more than $500,000 in contributions for the Obama war chest, while two other company executives collected at least $150,000 more.
After the election, Gips was put in charge of hiring in the Obama White House, helping to place loyalists and fundraisers in many key positions. Then, in mid-2009, Obama named him ambassador to South Africa. Meanwhile, Level 3 Communications, in which Gips retained stock, received millions of dollars of government stimulus contracts for broadband projects in six states — though Gips said he had been “completely unaware” that the company had received the contracts.
More than two years after Obama took office vowing to banish “special interests” from his administration, nearly 200 of his biggest donors have landed plum government jobs and advisory posts, won federal contracts worth millions of dollars for their business interests or attended numerous elite White House meetings and social events, an investigation by iWatch News has found.
These “bundlers” raised at least $50,000 — and sometimes more than $500,000 — in campaign donations for Obama’s campaign. Many of those in the “Class of 2008” are now being asked to bundle contributions for Obama’s reelection, an effort that could cost $1 billion.
As a candidate, Obama spoke passionately about diminishing the clout of moneyed interests. Kicking off his presidential run on Feb. 10, 2007, he blasted “the cynics, the lobbyists, the special interests,” who had “turned our government into a game only they can afford to play.”
“We’re here today to take it back,” he said.
But just like other presidential aspirants, Obama relied heavily on megadonors to propel his campaign across the finish line, and many fundraisers have shared in the spoils of victory.
The White House insisted its appointees are eminently qualified. “In filling these posts, the administration looks for the most qualified candidates who represent Americans from all walks of life,” White House spokesman Eric Schultz said. “Being a donor does not get you a job in this administration, nor does it preclude you from getting one.”
The iWatch News investigation found:
• Overall, 184 of 556, or about one-third of Obama bundlers or their spouses joined the administration in some role. But the percentages are much higher for the big-dollar bundlers. Nearly 80 percent of those who collected more than $500,000 for Obama took “key administration posts,” as defined by the White House. More than half the 24 ambassador nominees who were bundlers raised $500,000.
• The big bundlers had broad access to the White House for meetings with top administration officials and glitzy social events. In all, campaign bundlers and their family members account for more than 3,000 White House meetings and visits. Half of them raised $200,000 or more.
• Some Obama bundlers have ties to companies that stand to gain financially from the president’s policy agenda, particularly in clean energy and telecommunications, and some already have done so. Level 3 Communications, for instance, snared $13.8 million in stimulus money.
Amy
By the way, I miss you too.~KB
1971-2006
By the way, I miss you too.~KB
1971-2006
Top Barack Obama donors net government jobs -
15/06/2011 08:35:39 PM
- 503 Views
yes but he gives such good speech
15/06/2011 09:53:59 PM
- 338 Views
You're right, we elected a person with no experience, no legislative accomplishments, just.....
16/06/2011 12:15:48 AM
- 360 Views
There *is* a reason why people think those ultra-expensive campaigns are bad, you know.
15/06/2011 10:08:42 PM
- 346 Views
I think people here are missing the point.
15/06/2011 10:14:09 PM
- 455 Views
Right, cuz that never happens with presidents.. *NM*
16/06/2011 04:41:26 AM
- 133 Views
Irrelevant comment.....Obama was the going to be the President of Hope and Change!
16/06/2011 02:51:58 PM
- 363 Views
I think you are the most disapointed persont that Obama wasn't the Black Chocolate Jesus *NM*
16/06/2011 03:14:32 PM
- 140 Views
Heh, I was going to say exactly the same thing.
16/06/2011 03:16:57 PM
- 341 Views
No, I'm a partisan Republican.....but I like making fun of all those that drank the.....
16/06/2011 04:10:02 PM
- 322 Views
Go back 8 years, and you can say the exact same thing for GWB.
16/06/2011 02:22:33 PM
- 347 Views
So Obama is the same as Bush?
16/06/2011 02:49:46 PM
- 363 Views
No, he needs to start a couple of wars first, I'll give him.5 though for Libya. Only 1.5 more to go! *NM*
16/06/2011 11:01:22 PM
- 118 Views