Bought and Paid For

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Baldy
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Bought and Paid For

Post by Baldy »

Quid pro quo run amok. :ohno:

New names show up on list of top Obama donation bundlers
President Barack Obama prides himself on rejecting donations from registered lobbyists, but a newly released list of campaign fundraisers is peppered with leaders from companies and law firms that lobby the federal government.

New bundlers, whose names were released this week, include Anthony Welters, executive vice president of UnitedHealth Group, and Qualcomm co-founder and former chairman Irwin Jacobs and his wife Joan.

Each raised at least $500,000 for the Obama Victory Fund, a joint fundraising committee that includes Obama’s presidential campaign, the Democratic National Committee and party committees in several battleground states.

The exact amounts are unknown. The campaign only divulges bundlers’ fundraising activity in broad ranges, with a top category of “more than $500,000.”

Qualcomm has spent at least $6 million each year since 2007 on federally reportable lobbying efforts, according to the Center for Responsive Politics. UnitedHealth spent at least $2.5 million annually in the same period.

None of these individuals were bundlers for Obama during his 2008 presidential campaign, according to the Center for Responsive Politics. However, Welters’ wife, Beatrice, raised between $200,000 and $500,000 for Obama’s 2008 presidential campaign.

Bundlers are elite political fundraisers who turn to relatives, friends and business associates to raise large sums and deliver the funds in a “bundle” to the candidate. They are often given perks and special access — both on the campaign trail and once politicians are elected.

Beatrice Welters was one of about two dozen bundlers who were named ambassadors during the president’s first term. Welters was appointed to serve as the U.S. ambassador to the Caribbean nation of Trinidad and Tobago, a post from which she resigned last November.

There’s nothing illegal about registered lobbyists contributing to a presidential campaign, as long as those donations are reported. But Obama’s campaign went further and voluntarily rejected such contributions. Still, some of his bundlers lead or work for law firms that also provide government lobbying services, although they are not lobbyists themselves
Queue lubeboy tripping over his labia running to Obama's defense in 3...2...1... :coffee:
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Bronco
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Re: Bought and Paid For

Post by Bronco »

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Obama prides himself on rejecting donations from registered lobbyists
:rofl:
Inaugural Sponsors Spent $160 Million Lobbying Government
breitbart.com ^ | January 18, 2013 | Mike Flynn

It's a fool's game to take anything Obama says at face value. There is always a catch. For his second inaugural, he publicly congratulates himself for banning lobbyists from sponsoring the events. Of course, no such prohibition exists on the companies who hire the lobbyists. The companies who are trying to influence the government are welcome to participate, even if their hired guns are not. The corporations who are the biggest donors to the inauguration have spent $160 million lobbying government since Obama first took office.

From a report by The Center for Public Integrity:

"Chief among corporate inaugural donors: AT&T Inc., Microsoft Corp., energy giant Southern Co., biotechnology firm Genentech and health plan manager Centene Corp. Together, more than 300 registered lobbyists worked on the five companies’ behalf to influence legislation and government policy, according to their latest federal filings covering January through September."

Corporations hire lobbyists to get access to officials so they can advocate for their positions. It is the access that is the main reason to hire a lobbyist. To a large extent, lobbyists are simply the middlemen. Obama's ban on lobbyist donations simply cuts out the middleman, allows corporations better, more direct, access to officials and allows him to reap dollars from those most trying to influence his Administration.

For his first inauguration, in 2009, Obama banned contributions from corporations and limited individual donations to less than $50,000. Those limits have been wiped away for this year's event.
Always a catch.

(Excerpt) Read more at breitbart.com ...
Pain or damage don't end the world. Or despair or fucking beatings. The world ends when you're dead. Until then, you got more punishment in store. Stand it like a man... and give some back. Al Swearengen
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