Obama’s Monetary Motivations

Political cronyism is nothing new.  Where you have a political campaign, you have deals being negotiated.  As Former Speaker Newt Gingrich said to Former Arkansas Governor Mike Huckabee on his Fox News Show this weekend:

It’s the way business is done in Washington.

There were a whole lot of deals struck to achieve the Presidency of Barack Hussein Obama (mm mmm mmmm).

Let’s look at some policy issues and Payback potential, shall we?

One of the big issues of the morning is Financial Reform.  “Dinghy” Harry Reid is insisting on getting something done in order to save his phoney baloney job.  Obama himself made a impassioned speech last week about the subject.  Methinks, he doth protest too much.  Remember the bailouts?

The following recipients of President Obama’s trickle-down-to-my-donors bailout plan rank among his top 20 contributors to his 2008 presidential election campaign, according to Open Secrets:

Goldman Sachs: $955,473

Citigroup: $653,468

JP Morgan Chase & Co.: $646,058

Morgan Stanley: $485,823

Three other banks that were significant contributors to Obama received money through AIG:

Bank of America: $274,493

Wachovia: $214,151

AIG: $112,170

Lehman Brothers, which did not survive long enough to join the list of banks leaching off the work of the American taxpayer, also gave the Obama campaign $276,088.

Individuals identifying themselves as working for the banks above gave Barack Obama’s presidential campaign $3,617,724. In other words, more than 3.6 million reasons for the president to help focus the media’s glare on the relatively minuscule $165 million in AIG executive bonuses, and away from their $43.5 billion portion of $100 billion of taxpayer dollars the administration, by design or incompetence, filtered to other banks through AIG.

In receiving $43.5 billion for their investment of just over $3.3 million, it looks like the banks that gambled on Wall Street certainly got their money’s worth out of their investment in Barack Obama.

By the way, Press Secretary Robert Gibbs announced last week that Goldman Sachs would not be getting their campaign contribution back.  What a surprise.

Also, on Tuesday afternoon, March 23rd, 2010, something happened at the White House that has never happened before in American history. A sitting President walked out of a meeting with the Prime Minister of one of our closest allies and, foregoing the traditional photo op, press conference, and evening meal together.

After failing to extract a written promise of concessions on settlements, Obama walked out of his meeting with Netanyahu but invited him to stay at the White House, consult with advisers and “let me know if there is anything new”, a U.S. congressman, who spoke to the Prime Minister, said.

Foxnews.com reports today that:

Palestinian President Mahmoud Abbas has accepted an invitation to visit the White House for a meeting with President Obama, senior Palestinian officials told Fox News. 

The invitation was extended by Obama’s Middle East envoy George Mitchell during a weekend visit to the region where he was trying to restart indirect peace talks between the Palestinians and Israelis. Mitchell is expected to return next week, signaling he is making progress. 

So, Scooter is snubbing our ally Israel and embracing the Palestinians.  Hmmm.  I wonder why?  Probable Muslim belief system nothwithstanding, it’s also about the Benjamins.

…Obama has numerous donors who have contributed well over the $4,600 federal election limit.

Many of these donors have never been contacted by the Obama campaign to refund the excess amounts to them.

And more than 37,000 Obama donations appear to be conversions of foreign currency.

According to a Newsmax analysis of the Obama campaign data before the latest figures were released, potential foreign currency donations could range anywhere from $12.8 million to a stunning $63 million in all. With the addition of $150 million raised in September, this amount could be much more.

Puts that bow to the Saudi Prince in focus, doesn’t it?

Finally, what about Scooter’s vocal opposition to the new Arizona Illegal Immigration Law?

The actions by the Arizona legislature threaten “to undermine basic notions of fairness that we cherish as Americans,” Obama said. It also may hamper trust between residents and law enforcement authorities, he said.

He said he has instructed U.S. authorities to monitor the state’s actions and to “examine the civil rights and other implications” of the legislation.

Noble sentiments, huh?  Not Really.  From Michelle Malkin on 12/15/09:

SEIU has been lobbying for illegal alien amnesty as a massive membership booster all year. In May, the Purple Shirts held a pro-illegal immigration rally from Malcolm X Park to the White House to put pressure on homeland security officials to call off workplace raids.

The Service Employees International Union spent $30,816,092 in independent expenditures in support of Barack Obama.  In the 2008 election cycle donations to Democrats represented 94 percent of the SEIU PAC’s overall contributions.

Retiring SEIU President Andy Stern has been a close advisor to Obama, logging 22 visits to the White House as of October 30, 2009. 

During his campaign, Obama’s handlers and the Main Stream Media told us that he was a new kind of politician.  True.  Where else but America could a Chicago Community Organizer/political hack rise from obscurity to become the Leader of the Free (for now) World?  All it took was money…and audaciousness. 

Sources:  dailycaller.com, pajamasmedia.com, foxnews.com, newsmax.com, michellemalkin.com, glennbeck.blogs.foxnews.com

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