These are such poor quality answers.. Logic doesn't seem to work with the typical Obama supporter you encounter on Y/Answers (to be fair there are a few intelligent ones).. For the most part many of them will respond with "He's a good man" or "He's for change" These are emotional & subjective responses not based on actual facts.
I'm unsure of the credibility of www.judicialwatch.org, but these allegations certainly aren't new. I’ll give him the benefit of the doubt since he did apologize for it.. every presidential candidate has made mistakes in the past.. this may have just been an honest one..
I'm not as concerned with his involvement with Tony Rezko, as I am with this:
"The junior Senator from Illinois denounces the corrosive influence of private political cash on U.S. democracy while cozying up to Chicago's notoriously corrupt Big Money Mayor Richard M. Daley (with whom he shares the same high-priced campaign consultant (David Axlerod) and raking in campaign largesse from wealthy world-capitalist interests. His top career sponsors include Goldman Sachs, Exelon (the world's leading nuclear plant operator), the Soros Fund Management, J.P Morgan Chase & Co., leading corporate law and lobbying firms (Kirkland & Ellis and Skadden, Arps, Sidley Austin LLP and others), top Chicago investment interests (including Henry Crown & Co and Aerial Capital Management) and the like.
Obama's reliance on such deep-pockets supporters helps explain why he voted for a business-driven "tort reform" bill that rolled back working peoples' ability to obtain reasonable redress and compensation from misbehaving corporations. It is certainly part of why he opposed an amendment to the Bankruptcy Act that would have capped credit card interest rates at 30 percent. It is undoubtedly related to his vote against a bill that would have killed an amendment to the 2005 energy bill that Taxpayers for Common Sense and Citizens Against Government Waste called "one of the worst provisions in this massive piece of legislation." Under the amendment, which passed with Obama's help, U.S. taxpayers are providing millions of dollars in loan guarantees to power plant operators. They "risk losing billions of dollars if the companies default," as Ken Silverstein wrote in the November, 2006 issue of Harper's Magazine ("Barack Obama Inc.: The Birth of a Washington Machine").
Special interest influence is certainly behind Obama's constant plugging of federally subsidized ethanol ("E-85") as an environmentally friendly "alternative fuel." Reliance on corporate cash and power is also likely related to Obama's opposition to the introduction of single-payer national health insurance on the curious grounds that such a welcome social-democratic change would lead to employment difficulties for workers in the private insurance industry and that "voluntary" solutions are "more consonant" with "the American character" than "government mandates." The latter judgment is advanced despite the fact that a large U.S. majority supports government-mandated universal health insurance.
Obama, it is worth noting, received $708,000 from medical and insurance interests between 2001 and 2006, according to the Center for Responsive Politics. His wife Michelle, a fellow Harvard Law graduate, is a Vice President for Community and External Affairs at the University of Chicago Hospitals, a position that paid her $273, 618 in 2006. For what it's worth, she also received $51,200 for attending a few board meetings of TreeHouse Foods, a giant firm where she was made a director after Obama was elected to the U.S. Senate.
One day after Obama denounced Big Money control of U.S. politics in Iowa City, Iowa, the Los Angeles Times reported that Obama "raised more than $1 million in the first three months of his presidential campaign from law firms and companies that have major lobbying operations in the nation's capital." Obama has also received a combined $170,000 so far this year from financial giants Goldman Sachs and Citigroup, who together spent $4.6 million on federal lobbying in 2006.
"Obama received more than two-thirds (68 percent) of his first quarter 2007 fundraising total ‘from donations of $1000 or more.'"
The Los Angeles Times also reported that Obama received more than two-thirds (68 percent) of his first quarter 2007 fundraising total "from donations of $1000 or more." Obama has "played up populist themes of [campaign finance] reform," trumpeting his "large number of small donations" and claiming (in the Senator's words) to be "launch[ing]a fundraising drive that isn't about dollars.". But his astonishing first-quarter campaign finance haul of $25.7 million included $17.5 million from "big donors" ($1000 and up) - a sum higher than the much more genuinely populist and remarkably pro-labor John Edwards' total take ($14 million) from all donors.
According to Chicago Sun Times columnist Lynn Sweet, "Obama talks about transforming politics and touts the donations of ‘ordinary' people to his campaign, a network of more than 100 elite Democratic ‘bundlers' is raising millions of dollars for his White House bid. The Obama campaign prefers the emphasis be on the army of small donors who are giving - and raising - money for Obama. In truth, though, there are two parallel narratives - and the other is that Obama is also heavily reliant on wealthy and well-connected Democrats."
· 1 decade ago