These top fundraisers are known as “bundlers”. Since campaign finance laws restrict any one individual from donating more than $2400 to a single candidate, these bundlers achieve prominence within a campaign by soliciting for and then – you guessed it – bundling up individual donations received via their extended network of friends, family, business contacts, etc. While exact figures are not available, the top bundlers within the Obama campaign each delivered in excess of $1 million in campaign contributions, and there were nearly 50 bundlers who were responsible for at least $500K in donations.
As the Times notes, it’s somewhat of a Washington tradition for an incoming President to appoint choice ambassadorships to key political donors and allies. While this may be the case, for a President who declared a “new era” of accountability, and who championed ethics reform while in the Senate, a look at the appointments made to date reveals what I think is a surprising level of cronyism on the part of this Administration. And notably, many of these appointments extend outside the relatively ceremonial realm of diplomatic posts.
What sort of positions are they talking about? Just harmless ambassadorships?
Special Counsel to the President
Chairman, FCC
General Counsel, Dept. of Energy
Deputy Asst. Attorney General
Associate Attorney General
Under-Secy. for International Trade
Chairman, Corp. for Nat’l & Community Service
Asst. Attorney General, Civil Div.
By my calculation, nearly half of the top level of Obama campaign bundlers have been rewarded with some sort of role within the government.
And it gets worse:
Robert Wolf is the Chairman/CEO of investment bank UBS and given his influence on Wall Street may in fact be the largest bundler of them all. Significantly, Wolf’s firm seems to be mired in several tax-related scandals; and they were also a key counter-party recipient of funds from AIG, courtesy of the U.S. tax payer. However, apparently all this was not enough to deter the President from naming Wolf to his Economic Advisory Council.
Verum Serum has the full list of donors, the total funds raised by each one, and the appointments.
What do you expect from the affirmative action President, whose private-school education was paid for by his rich grandmother?
Rep. Henry Waxman (D-Calif.), who has had an eventful couple of weeks to say the least, believes House Republican opposition to climate change legislation and the stimulus indicates they’re cheering against the good ol’ US of A.
“It appears that the Republican Party leadership in the Congress has made a decision that they want to deny President Obama success, which means, in my mind, they are rooting against the country, as well,” the powerful House Energy and Commerce Committee chairman told WAMU radio host Diane Rehm on Tuesday morning, promoting his new book, “The Waxman Report.”
All the lies they spoke about that Christian fascist Bush was just so much projection, foreshadowing how they themselves would deal with “unpatriotic” dissent.
Al Gore today compared the battle against climate change with the struggle against the Nazis.
…Speaking in Oxford at the Smith School World Forum on Enterprise and the Environment, sponsored by The Times, Mr Gore said: “Winston Churchill aroused this nation in heroic fashion to save civilisation in World War II.”
And he has good reason to do so, given that his personal fortune has skyrocketed from $2 million to over $100 million. Oh, don’t let those tolerant Democrats fool you. If you oppose their greed and lust for power, then you’re worse than Satan. How dare you assert your rights to liberty and prosperity against the power of their oligarchy?
And he isn’t the only one who is ready to cash in. The employees of investment firm Goldman Sachs donated tons of money to Democrats, and they are positioned to strike it rich if cap-and-trade passes. Steve Milloy writes that “Goldman Sachs has spent millions of dollars lobbying for cap-and-trade legislation in anticipation of making billions of dollars at the expense taxpayers and consumers.”
The war on small business
Here is a Fox News article that describes how the cap-and-trade bill championed by Democrats like Waxman and Gore destroys small businesses. (H/T Gateway Pundit)
Excerpt:
David McArthur, vice president of the 52-year-old family operation, a Gateway City institution, is one of a growing number of business owners and taxpayers nationwide who are mobilizing against the so-called cap-and-trade bill, which would levy harsh fines on energy consumption that harms the environment.
McArthur told FOXNews.com that every aspect of his business relies on the forms of energy targeted by the American Clean Energy and Security Act, and that his congressman, Carnahan, was supporting “a direct tax increase on small business” by voting for it.
“We make (our product) with electricity, we bake it with gas, we refrigerate and freeze it with electricity and we distribute it with gas and oil,” said McArthur, who said he worries that high prices could cost his company up to $15,000 a year in an industry with a very tight margin for profit.
This is cause-and-effect, people. There is a reason why Cuba and North Korea are poor today – they voted in radical leftists just like Obama. This is the way the world actually works.
As world leaders sat down for a working lunch at the start of a three day meeting of the G8, it emerged that negotiations had failed to reach agreement on halving greenhouse gas emissions by 2050.
Summit negotiators, who do the hard bargaining before the heads of state arrive to complete the agreements, failed to make progress on the issue in talks that continued late last night. China and India are understood to have blocked any mention of the target in the draft communiqué, insisting that the developed economies should promise to cut their own emissions sharply by 2020 before asking developing nations to commit to a long term target.
The breakdown in negotiations has undermined President Obama’s chances of producing a diplomatic coup when he chairs talks on climate change at a meeting of the 17-nation Major Economies Forum tomorrow.
Where do you think all our manufacturing jobs will go when it becomes expensive to manufacture goods here?
When Democrats talk about economic policies, they don’t actually know what they are talking about. They just make up numbers and conducting kabuki-theater townhalls with pre-screened questions from hard-core Democrat activists. They’ll say whatever is necessary in order to maintain power.
Want proof?
Here’s proof from the Heritage Foundation. Democrats promised us that if their pork-filled spending bills were passed, that unemployment would be much lower than if we did nothing at all. But guess what? They passed the spending bills and unemployment is MUCH HIGHER now than if we had done nothing at all.
Obama's massive spending bills caused us to have a much higher unemployment rate than if we had not spent one thin dime
That means that we are now stuck with trillions of dollars in spending, massive budget deficits and a ballooning national debt. And not only did it not help unemployment, it actually HURT the unemployment rate.
Heritage writes:
In January, President Obama pressed for an $800 billion economic “stimulus” package to turn the economy around. Though the bill largely consisted of increased spending on traditional liberal priorities, the President claimed that it would “create or save” 3.5 million jobs. The President’s economic advisors predicted that unemployment would rise to 9 percent by 2010 if Congress did not pass the stimulus bill, but that with the stimulus unemployment would stay below 8 percentage points.
Congress passed the stimulus bill in February 2009 and the President has repeated his claims. President Obama recently said that the stimulus bill has already created or saved 150,000 new jobs and that it will “create or save” another 600,000 jobs by the end of the summer. Asked when the public should begin to judge the effects of the stimulus, White House Press Secretary Robert Gibbs said “I think we should begin to judge it now.”
Surprise! You can’t borrow and spend your way out of debt. Maybe having rich parents is not the best preparation for higher office, yes?
Bush “spent” money on trillions of dollars in tax cuts. That’s how you stimulate an economy. Put the money back in the private sector – in the hands of working families and businesses – not in the hands of bureaucrats.
How out-of-touch are the Democrats?
The Wall Street Journal reports on how sincere the Democrats are in their empathy for the common man. (H/T Hot Air)
Excerpt:
The spending on overseas travel is up almost tenfold since 1995, and has nearly tripled since 2001, according to the Journal analysis of 60,000 travel records. Hundreds of lawmakers traveled overseas in 2008 at a cost of about $13 million. That’s a 50% jump since Democrats took control of Congress two years ago.
The cost of so-called congressional delegations, known among lawmakers as “codels,” has risen nearly 70% since 2005, when an influence-peddling scandal led to a ban on travel funded by lobbyists, according to the data.
Although complete travel records aren’t yet available for 2009, it appears that such costs continue to rise. The Journal analysis shows that the government has picked up the tab for travel to destinations such as Jamaica, the Virgin Islands and Australia’s Great Barrier Reef.
People are suffering under a recession caused by the Democrats and they just keep collecting and spending more and more of our money!
We knew that Democrats would do this: we had access to their voting records, their pork and earmark records, their records on spending, waste and other issues. People who studied their voting records and voter guides knew that Democrats would mess up the economy.
The Republican response
Read this statement by Eric Cantor and you will hear a completely different attitude from the Democrats.
Excerpt:
“First and foremost, the American people are concerned about the economy, job creation and the unsustainable debt obligations incurred in the last 6 months.
Beginning in January, House Republicans laid out a serious and substantive agenda that put jobs first. House Democrats, along with the White House, instead took an unfocused, ‘go it alone’ approach that has fallen well short of its goals and has failed to create jobs.
“Inexplicably, instead of focusing on jobs and restoring the financial security that has been lost by millions of struggling families, the President continues to push an agenda that the majority of Americans are uneasy with. The American people do not support a government healthcare plan that will increase costs, reduce patient choice and flexibility, and lower the quality of care available in our country. The American people do not support the radical Cap & Tax plan which will impose a hard-hitting tax upon families and small businesses costing our struggling economy thousands of jobs.
“As job losses continue to mount, families’ worries about losing their healthcare, paying their mortgage, and sending their children to college continues to intensify. Employment must be our focus, yet Speaker Pelosi and the unchecked Democrat majorities continue to increase Washington’s hand in the free market, at the expense of job creation. At some point, even the Speaker must realize that enough is enough.
Mike Pence gives his assessment of the situation here.
WINTERY KNIGHT 