Monday, November 10, 2008

Obama's Pick for Chief of Staff Tops Recipients of Wall Street Money

If you weren't scared enough already...let's take a look at what Jeff Schibler on AmericasRight revealed about the soon to be White House chief of staff.
We learned on Friday from ABC News that Rahm Emanuel sat on the board of directors of the now infamous Freddie Mac during the beginnings of the scandal, and was complicit in the board's failure to recognize "red flags" in accounting and lending practices, and that he accepted more than $50,000 in contributions from the organization. Now, we're learning that Emanuel was, just this year, the top House recipient of contributions from hedge funds, private equity firms and the larger securities/investment industry, and that he has received more money from individuals and political action committees in the securities and investment business than from any other industry since being elected to Congress in 2002 after a previous job as an investment banker. Barack Hussein Obama tapping this gentleman to assist him in fixing the American economy is kind of like asking Rosie O'Donnell to manage a Weight Watchers franchise.

(FROM: OpenSecrets and AmericasRight)

1 comment:

Anonymous said...

How many more of Obama's supporters need to be "paid off" with a job in the cabinet? Lets hope the likes of Bill Ayers and friends don't drive us into a state of socialism while denouncing the Constitution. Oh that's already happening......