June 15, 2011

Obama Saved Or Created Hundreds Of Jobs For His Big Donors

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Obamas Donor Stimulus

Click To Watch White House Press Secretary Jay Carney Offer Innovative Explanations As To Why More Than 80 Percent Of Top Obama Bundlers Received Top Obama Administration Posts

WHITE HOUSE OFFERS INNOVATIVE EXPLANATION FOR GIVING TOP JOBS TO BIG TIME DONORS
Obama White House Trotted Out What Most Good-Government Groups Would Deem An Innovative Explanation For Hiring Deep-Pocketed Donors To Important Government Positions. White House Press Secretary Jay Carney forcefully defended the administration's hiring of top-contributors for important government posts, trotting out what most good-government groups would deem an innovative explanation. The president, Carney said, does not discriminate against people who have raised money on his behalf. (Sam
Stein, Carney: Being An Obama Bundler Doesn't Disqualify You From An Administration Job, The Huffington Post, 6/15/11)

INNOVATIVE EXPLANATION: Being A Supporter Does Not Qualify You For A Job But It Also Does Not Disqualify You. Being a supporter does not qualify you for a job, said Carney at Wednesday's daily press briefing. But it also does not disqualify you. (Sam Stein, Carney: Being An Obama
Bundler Doesn't Disqualify You From An Administration Job, The Huffington Post, 6/15/11)

VAST MAJORITY OF TOP DOLLAR BUNDLERS GOT KEY ADMINISTRATION POSTS

80 Percent Of Obamas Top Bundlers Who Raised More Than $500,000 Were Appointed To Key Administration Posts. An iWatch News investigation, published in POLITICO, found that 80 percent of bundlers who raised more than $500,000 for Obamas campaign were given key administration posts. (Abby
Phillip, Carney Defends Jobs For Donors, Politico, 6/15/11)

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Overall, One-Third Of Obama Bundlers Or Their Spouses Joined The Obama Administration While More Than Half Of 24 Ambassadorial Nominees Were $500,000+ Bundlers. 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. (Fred Schulte, John Aloysius Farrell and Jeremy Borden, Obama
Donors Net Government Jobs, Politico/iWatch News, 6/15/11)

Big Obama Bundlers Had Broad Access To White House For Both Official Meetings And Glitzy Social Events. 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. (Fred Schulte, John
Aloysius Farrell and Jeremy Borden, Obama Donors Net Government Jobs, Politico/iWatch News, 6/15/11)

Obama Bundlers Have Ties To Companies Directly Benefiting From Obamas Policy Agenda, Such As The $831 Billion Stimulus. Some Obama bundlers have ties to companies that stand to gain financially from the presidents 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. (Fred Schulte, John
Aloysius Farrell and Jeremy Borden, Obama Donors Net Government Jobs, Politico/iWatch News, 6/15/11)

THIS FOLLOWS REVELATIONS FROM A MEMO THAT OBAMA POLITICAL TEAM PRESSURED WHITE HOUSE TO GIVE ACCESS TO DEEP-POCKETED DONORS:
Obamas Political Team Urged White House To Give Key Donor A Sense Of Access. Hoping to keep the support of a key Florida supporter, the president's political team suggested that top White House aides give him the sense that his voice was being heard inside the administration. (Sam Stein, Obama Campaign Advised White House
Staff To Give Top Donor Sense Of Access, The Huffington Post, 6/13/11)

The Memo Also Raises Legal Questions Set Forth By The Hatch Act, Which Prohibits Federal Employees From Engaging In Partisan Political Activities -- Though Those Boundaries Are Foggy. (Sam Stein, Obama Campaign Advised White House Staff To Give Top Donor Sense Of Access, The Huffington Post, 6/13/11) Under Obama, Donors With Deep Pockets Are Granted More Input Than Average Citizens. But while the courting of Haddock can be viewed as, simply, a basic political activity, it also underscores what good government advocates see as a dangerous confluence of campaigns and governance. With elections growing increasingly expensive, donors with deep pockets are granted more input than average citizens. (Sam Stein,
Obama Campaign Advised White House Staff To Give Top Donor Sense Of Access, The Huffington Post, 6/13/11)

AND THE NEW YORK TIMES REPORTED THAT THE DNC ORGANIZED A MEETING BETWEEN OBAMA AND WALL STREET EXECUTIVES IN THE WHITE HOUSE
Just Before Announcing For Reelection, Obama Brought Two Dozen Long Time Donors To The White House. A few weeks before announcing his re-election campaign, President Obama convened two dozen Wall Street executives, many of them longtime donors, in the White Houses Blue Room. (Nicholas Confessore,
Obama Seeks To Win Back Wall St. Cash, The New York Times, 6/12/11)

Obama Asked The Donors How To Speed The Economic Recovery. The guests were asked for their thoughts on how to speed the economic recovery, then the president opened the floor for over an hour on hot issues like hedge fund regulation and the deficit. (Nicholas Confessore, Obama Seeks To Win Back Wall
St. Cash, The New York Times, 6/12/11)

The Meeting Was Organized By The Democratic National Committee To Try To Win Back Wall Street, One Of Obamas Main Sources Of Campaign Cash. The event, organized by the Democratic
2 Paid for by the Republican National Committee. 310 First Street SE - Washington, D.C. 20003 - (202) 863-8500 - www.gop.com Not authorized by any candidate or candidates committee.

National Committee, kicked off an aggressive push by Mr. Obama to win back the allegiance of one of his most vital sources of campaign cash in part by trying to convince Wall Street that his policies, far from undercutting the investor class, have helped bring banks and financial markets back to health. (Nicholas
Confessore, Obama Seeks To Win Back Wall St. Cash, The New York Times, 6/12/11)

Carney Did Not Answer Why The Meeting With Donors Did Not Appear On Obamas Daily Schedule, Despite The Administrations Transparency Pledge. The question put to Carney was actually not about the propriety of the meeting, but about why it didn't appear on Obama's public schedule despite pledges to be transparent about his daily agenda. The press secretary shed little light on that discrepancy. I dont remember. I wasnt in this position, Carney replied, before launching into his defense of the sit-down. (Josh
Gerstein, Carney Defends Obama Meeting Wall Street Donors At White House, Politico, 6/14/11)

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