ABC NEWS - Funds Tie Obama to Richardson Probe Figure »

Posted By pc25 10 months, 2 weeks ago in News

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President-elect Barack Obama took big money from a man at the center of a federal probe that has forced one of Obama's top Cabinet picks to withdraw.

Financial records show the Obama campaign got more than $30,000 from California financier David Rubin, the target of an investigation into donations and possible "pay-to-play" deals involving New Mexico Gov. Bill Richardson, Obama's pick for commerce secretary.

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  • 47%
    pc2510 months, 2 weeks ago

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    http://hotair.com/archives/2009/01/07/obama-got-bi...

    Obama got big contribution from Richardson pay-for-play scandal figure

    FTA

    Hmmm. They invited Rubin to give over $31,000 to Obama even though Democrats knew that Rubin faced a federal probe for bribery? Overall, they took almost $60,000 from Rubin that night, three weeks after the investigation into his connections to Richardson and the municipal-bonds contracts was revealed. And that’s not Rubin’s first dance with the feds, either; he got raided in 2006 by Justice on suspicious business dealings between banks and governments, and for concerns about the high fees CDR charges.

    One has to wonder what Rubin thought he was getting with the $57,800 he spent on dinner that night

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  • 50%
    pc2510 months, 2 weeks ago

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    http://spectator.org/archives/2009/01/05/beyond-bi...

    Beyond Bill Richardson
    FTA

    The Obama transition team was aware of New Mexico Gov. Bill Richardson's relationship with the firm currently being investigated, CDR Financial Products, because Richardson had introduced the firm's founder, David Rubin, to Obama fundraisers during the Democrat convention in Denver last August.

    But it isn't just Obama and Richardson that Rubin has ties to.........financial ties to Pennsylvania Gov. Ed Rendell, as well as to Democrat state and local officials in Illinois, California, Florida, and Pennsylvania.

    .......CDR also had close business ties to Freddie Mac and Fannie Mae, marketing and selling financial instruments created through low-income housing "lease to own" programs across the country. "If someone wants to understand just how deep Democrats are into the housing bubble and the economic crisis, they should look at some of the financial wheeling and dealing around some of those 'lease to own' programs," says a former Freddie Mac lobbyist based in Washington. "It's a veritable 'who's who' of Democratic state and local politics from New York to Los Angeles."

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  • 53%
    Klarissa10 months, 2 weeks ago

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    MSM is just realizing that they will have to be reporting the presidential news for the next four years.

    They can't ignore everything!

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    • 50%
      pc2510 months, 2 weeks ago

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      amazing that the MSM has now decided to vet Obama after getting him elected

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    • 69%
      djn3nunez310 months, 2 weeks ago

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      FTA- Rubin's money went to a joint Obama-DNC fund ($28,500), the DNC itself ($26,200), and to the Obama campaign ($2,300),

      Are you accusing Obama taking this money in a pay for play scheme?

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    • 50%
      nostalgia10 months, 2 weeks ago

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      Now let's see

      Obama-Emanuel-Blago

      Obama-Clinton-Hsu

      Obama-Richardson-David Rubin

      How many more cozy threesomes are there going to be??

      Interesting the the second person was selected by Obama to be part of his administration

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    • 67%
      Goppy10 months, 2 weeks ago

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      LOL!!!

      Reminds me of Tommy DeLay and Jack Abramoff ... and of course, Randy Duke Cunningham and Ted Stevens ... of course ... THEY all actually were indicted.

      This is just hopeful conjecture by Right Wing Media.
      .

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      • 41%
        pc2510 months, 2 weeks ago

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        Obama and the Dems summed up here

        http://www.youtube.com/watch?v=-Gf8NK1WAOc&fea...

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      • 37%
        huckleberry6010 months, 2 weeks ago

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        Unbelievable how you nitwits think that the mainstream media is biased toward the RIGHT....you folks are about out of touch as our congressional and senatorial so called leadership.

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      • 38%
        MILITA10 months, 2 weeks ago

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        Obama does not know his own mind
        Phyllis Kunz

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        • 73%
          Goppy10 months, 2 weeks ago

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          Neither to you.
          Goppy.

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          • 90%
            greenmac10 months, 2 weeks ago

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            Richardson is now out of the picture as he stepped down. Now if he had hid the association that put him into the headlights of the media and also if Obama had continued to put him into the team...then I would perceive a problem. Neither of these happened. In previous administrations I don't believe went into the selection process as deep as the Obama administration has. We have witnessed this by some of the incidents that have surfaced over the last several years.

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          • 86%
            Goppy10 months, 2 weeks ago

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            All I can say is ... I like how pc25 always quotes ABC when he wants to promote his anti-Obama stories.

            LOL!!!

            pc25 goes to the "Left Wing Mainstream Media" for his anti-Obama stories ... in between his tirades against "Left Wing Mainstream Media!

            Oh man.

            I do love this thread!!!

            LOL!!!

            It just tickles my Ironical Bone.

            LOL!!!
            .
            Ahhh.

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          • 100%
            emrntart610 months, 2 weeks ago

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            I find it disgusting that we've created a system that is fed and nourished by crooked money for crooked purposes. After a career of squeaky-clean public service based on a simple standard that the interest of the people always come first, you will only find yourself sitting in a corner, staring at the wall, while crooks dance on stage to the applause of groupies and idiots.

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            • 82%
              NoWayMan10 months, 2 weeks ago

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              richardson already stepped aside so the whole idea of any possible pay-to-play deal is moot.

              again, pc25 is a day late and a dollar short.

              you still lost cons. deal with it.

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              • 71%
                undrgrndgirl10 months, 2 weeks ago

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                oh..puh-leeze...this is NOTHING compared to the deals given to halliburton and dick cheney...

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