The Obama lottery ticket, there are a whole bunch of people in Downtown Washington DC walking around with them in their pocket.
It works like this- Work in the White House for a few years. Cozy up with the president and David Axelrod (who has just recently cashed in himself at NBC). Found a consultancy. Then wait for the corporate clients to send you checks. It is nearly that simple as Noam Scheiber explains in his great article in The New Republic, Get rich or Deny Trying, How to make Millions Off of Obama.
Obama’s non-taxable donation vehicle brings in less than expected, largely because of criticism from transparency advocates.
Everyone wants their piece of the action in Washington and the Democratic National Committee is concerned that their piece is getting smaller because of President Obama’s Organizing for Action group. O4A is actively seeking donations from large companies and wealthy individuals. This is usually the territory of the party and some Democrats are not happy that their toes are being stepped on.
I guess it’s a negotiable number.
The White House spokesman Jay Carney fielded real questions from the White House Press Corps today, if you can believe it..
The crony capitalist conduit has been established. If your corporation wants to influence the direction of policy, this is the place to do it, anonymously. If you want to be a part of the President’s effort, just drop a check into this designated box. Tax free of course.