Yes Lobbyists are out but the Bundlers are in ......

Thanks to the MSM we heard to no end how Obama campaign is financed by all those small donations but we knew all along that the small donations are only a small fraction and most of them can't even be traced.

It is the Bundlers that get the final laugh:


Though they worked behind the scenes in Barack Obama's campaign for president, bundlers who raised millions of dollars for his White House bid are starting to land significant posts on his transition team.

At least nine of the volunteer fundraisers whose wide networks of colleagues, friends and relatives gave more than $1.85 million to Obama are now positioned to help the president-elect set foreign and domestic policy and identify potential Cabinet appointees.

Chicago real estate executive and close friend Valerie Jarrett is a transition co-chair. She raised more than $100,000. Penny Pritzker, a billionaire heiress to the Hyatt hotel fortune, is a top economic adviser. She chaired Obama's finance effort and raised more than $200,000 herself. Julius Genachowski, a Harvard Law School classmate of Obama's who serves on the transition team, is a high-tech executive and was legal counsel to former Federal Communications Commission chairman Reed Hundt (another bundler on the team). Genachowski raised more than $500,000 for the campaign.

The involvement of so many bundlers has irritated public interest advocates who worry that Obama is building his transition team based on fundraising skills, not qualifications.

Looks like experience is the new Mantra replacing change:


"Everything we're doing is consistent with the principles that Senator Obama laid out during the campaign," said Dan Pfeiffer, communications director for the transition. "We are operating under the farthest-reaching ethics policy in history."

None of the nine lacks significant policy experience. Federico Peña, who raised as much as $50,000 for Obama, was President Bill Clinton's transportation secretary. Michael Froman, who raised as much as $200,000, was a Treasury official during the Clinton administration. He also was another Harvard Law classmate of Obama's.

http://www.washingtonpost.com/wp-dyn/con tent/article/2008/11/13/AR2008111303891. html?hpid=topnews

Tags: obama (all tags)

Comments

11 Comments

Total wenis

Jarrett is also his best friend.  I'm not shocked they're talking right now.

The fact that someone is a bundler is not, in and of itself, a problem.  You'll have to do more to worry me than THAT.

by Reaper0Bot0 2008-11-14 02:14AM | 0 recs
I am not concerned about jarett.......

But When COMMON CAUSE says:


"It's especially troubling during a transition, because lots of people are scrambling and trying to position themselves for all different reasons -- they want jobs, they want their legislative priorities on the front burner," said Mary Boyle, spokeswoman for the nonpartisan advocacy group Common Cause. "The appearance at least is that the money contributed got them to the front of the line."

We should take notice!

by indydem99 2008-11-14 02:28AM | 0 recs
Re: I am not concerned about jarett.......

Two completely separate things. A lobbyist is someone paid to be a friend. Paid to advance a specific agenda by any means necessary.

A bundler is a supporter of Barack Obama who convinced people to donate to his campaign. You and I could have been bundlers if we had the money and influence. Well, at least I could have been, you'd probably not have wanted to.

But point being, the two aren't equivalent. Money is not inherently evil. And even lobbyists aren't inherently evil, since there are very good groups that have lobbyists. But they shouldn't be in charge of their respective industries, and that's what's important.

by vcalzone 2008-11-14 02:51AM | 0 recs
Very troubling

NOT

by QTG 2008-11-14 02:48AM | 0 recs
Re: Yes Lobbyists are out but the Bundlers are in

Valerie Jarrett - a woman of no small accomplishment and brings a very sharp mind to the table. She has been a close confidant to the Obama's  for a number of years. is also well connected, has a wide network which is why she was a good fund raiser. http://en.wikipedia.org/wiki/Valerie_Jar rett

Penny Pritzker - Again no light weight and who is highly accomplished in her own right and is very involved in education reform. http://en.wikipedia.org/wiki/Penny_Pritz ker

Julius Genachowski - His resume speaks for itself. And is tasked with helping on the tech side. A role for which he is more than capable.

While we should always be vigilant. However, we should also take the time to find out who the people are and what they bring to the table not just what they helped raise for the Obama campaign.

by jsfox 2008-11-14 03:34AM | 0 recs
I agree they are people of accomplishment

but we should always be vigilant and the administration should always maintain transparency.

by indydem99 2008-11-14 03:54AM | 0 recs
Re: I agree they are people of accomplishment

And there is no transparency here?

by jsfox 2008-11-14 04:01AM | 0 recs
Your hand-wringing is entertaining

First of all, it's the transition team, not the actual government.

Secondly, there have been no credible accounts of Obama bundlers being corrupt or having any compromising loyalty to anyone but Obama.

by Dracomicron 2008-11-14 05:02AM | 0 recs
Re: Yes Lobbyists are out but the Bundlers

Is it really so surprising that successful and wealthy people have many contacts who are politically aligned with them?  Calling them "bundlers" doesn't mean that they've done anything nefarious.  I convinced my mom to make a small donation, so I suppose I'm also a "bundler" on a small scale.

I guess "vigilance" is the new "concern."

by rfahey22 2008-11-14 06:10AM | 0 recs
Ugh

"My own opinion we are Underestimating Palin. She is very authentic."

Looking at your diary history here is actually pretty funny.  You're either directly attacking Obama or laying thick backhanded compliments in EVERY SINGLE diary.  I think there's a story about young boy who cried wolf, but I forget how it goes.

For anyone that doesn't feel like browsing through this diarist's history, I'll write a quick Cliff Notes version:  The librul media is evil, Obama is a corrupt politician, and we should have listened to indydem before it was too late.

by thatpurplestuff 2008-11-14 06:41AM | 0 recs
Authentic?

Love the quote you picked out.  As far as "authentic", the diarist seems to think that attribute means someone is a force to be reckoned with.

Here's a couple authentic conservatives: Pat Buchanan and Alan Keyes.

Yeah, let's be terrified of them and their future prospects because they're authentic.  The world is full of authentic nutjobs who will never gain any support beyond a base of dead-enders.

Of course, this ignores the inane notion that Sarah Palin is authentic, unless the definition of 'authentic' has recently been changed to 'a proudly disinterested anti-science porker who claims to hate pork'.

And, yeah, I know any diary by INDYDEM99 is going to be anti-Obama whining and/or concern-trolling.

by Collideascope 2008-11-14 07:48AM | 0 recs

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