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Top Bundlers Got Big Rewards From Obama

From iWatch News:

Top Barack Obama donors net government jobs

By FRED SCHULTE, JOHN ALOYSIUS FARRELL AND JEREMY BORDEN | 6/15/11

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.

Of course there might be some debate about whether this is such a plum appointment.

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.

It was probably a coincidence anyway. Besides, why would a VP know when his company gets millions in government 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.

Again, this is probably just a coincidence. There is nothing in Mr. Obama’s background in Chicago Machine politics to indicate that he would ever think of such kickbacks to donors. (Cough.)

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.

Why not? They have already been bought. This is one of the many advantages of incumbency.

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

All Mr. Obama has taken back is most of his campaign promises.

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

We have heard that there was also gambling going on in the backroom of Rick’s Place in Casablanca.

When the new administration set up shop in the White House on Jan. 20, 2009, the money raisers soon followed. Visitor logs show about 800 bundler visits during the formative early months of the administration, and overall, the top-tier bundlers tended to visit far more often than those at the bottom rung…

Mr. Obama knows how to prioritize. And somehow his priorities always come down to ‘how much have you raised for me lately?’

The article goes on to examine a 25 examples of top bundlers for Obama’s 2008 campaign who got lavishly rewarded for their efforts. All of which is appalling. But none of it is particularly surprising.

It’s not like anyone actually believes that Mr. Obama is a clean politician. That is, apart from children and the members of the mainstream media.

And speaking of the press, iWatch News is actually part of the Center for Public Integrity. They are a non-profit doing the job that used to be done by the members of the so-called news media.

This article was posted by Steve Gilbert on Wednesday, June 15th, 2011. Comments are currently closed.

5 Responses to “Top Bundlers Got Big Rewards From Obama”

  1. Right of the People

    “As a candidate, Obama spoke passionately about diminishing the clout of moneyed interests.”

    Barry the Bungler (or maybe it’s the Bundler) doesn’t want them to have any clout, just keep filling the coffers. At least in the old days when you bought a politician the SOB stayed bought.

  2. theforgottenman

    and because his base will back him from their zombie -like thinking, he knows he can count on 40% of the vote regardless of whether he’s ever thought about the average person who voted him into office.

    Meanwhile, the people who do the eating and working and pay their taxes and raise families continually are taken for granted, that they will continue to foot the bill for all the shenanigans between the “man” and his white east coast ruling elite friends.

  3. hazard5

    There are more cases than cited in this article. Charles Rivkin was the head of Wildbrain Entertainment, a small scale production company from San Francisco. His Obama campaign website raised a substantial amount for Obama and, once elected, President Obama made him the ambassador to France.
    Also; 6 months ago Wildbrain Entertainment was awarded a $35 million grant to develop educational programming. They were up against over 40 other companies. Plus, they had never applied for a grant before… but you’re damn right they got it.

  4. Mithrandir

    AMWAY POLITICS!
    Remember Amway, and their pyramid schemes? If you were a ruby, you were a manager of 100 people in your area, and diamond was 1000 people? You moved up the ladder by ‘bundling’ customers in your area, got higher kick-backs for sales? That’s what this is.

    ~It really is a 6 year campaign cycle. 2 years prior to the election, then 4 more years of campaigning for the next election. At some point, they have to stop this, and actually work for us.

    All the clapping, cheering, donating FOOLS out there are just PAWNS for this corrupt system. If you don’t have any money, a house, a car, or any real investments, why is the collapse and bankruptcy of America a bad thing?


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