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LWW
06-13-2011, 01:39 AM
<div class="ubbcode-block"><div class="ubbcode-header">Quote:</div><div class="ubbcode-body">WASHINGTON — A few weeks before announcing his re-election campaign, President Obama convened two dozen Wall Street executives, many of them longtime donors, in the White House’s Blue Room.

The guests were asked for their thoughts on how to speed the economic recovery, then the president opened the floor for over an hour on hot issues like hedge fund regulation and the deficit.

Mr. Obama, who enraged many financial industry executives a year and a half ago by labeling them “fat cats” and criticizing their bonuses, followed up the meeting with phone calls to those who could not attend.

<span style='font-size: 14pt'>The event, organized by the Democratic National Committee, kicked off an aggressive push by Mr. Obama to win back the allegiance of one of his most vital sources of campaign cash</span> — in part by trying to convince Wall Street that his policies, far from undercutting the investor class, have helped bring banks and financial markets back to health.

<span style='font-size: 14pt'>Last month, Mr. Obama’s campaign manager, Jim Messina, traveled to New York for back-to-back meetings with Wall Street donors, ending at the home of Marc Lasry, a prominent hedge fund manager, to court donors close to Mr. Obama’s onetime rival, Hillary Rodham Clinton. And Mr. Obama will return to New York this month to dine with bankers, hedge fund executives and private equity investors at the Upper East Side restaurant Daniel.</span> ...

<span style='font-size: 11pt'>Executives at large investment banks, a group that gave generously to Mr. Obama in his last campaign</span>, are remaining on the sidelines for now. Only a small handful of such donors have appeared in Mr. Obama’s joint campaign filings with the Democratic National Committee, though officials there said more would appear in the coming weeks. ...

To offset those defections, <span style='font-size: 14pt'>Mr. Obama’s campaign has deployed a corps of loyal Wall Street supporters who have fanned out to defend the president’s record and stoke fatigued donors.</span> They include Robert Wolf, the chief executive of UBS Group Americas; the hedge fund managers Orin S. Kramer and Eric Mindich; and Mark T. Gallogly, a co-founder of Centerbridge Partners.

<span style='font-size: 14pt'>The campaign and its allies are also seeking to recruit a new group of high-level bundlers, supporters who recruit other donors.</span> They include Antonio Weiss, the global head of investment banking at Lazard; Charles Myers, a senior managing director at Evercore Partners; and James E. Staley, the head of JPMorgan Chase’s investment bank.

<span style='font-size: 14pt'>The campaign is also courting prominent Wall Street figures who could serve as Mr. Obama’s ambassadors at firms known for leaning Republican</span>: Lenard B. Tessler, a managing director at Cerberus Capital who donated to Mr. Romney and Mrs. Clinton in 2008, and Hamilton E. James, the president of the private equity behemoth Blackstone. ...

Still, there is skepticism. <span style='font-size: 14pt'>One Democratic financier invited to this month’s dinner, who asked for anonymity because he did not want to anger the White House, said it was ironic that the same president who once criticized bankers as “fat cats” would now invite them to dine at Daniel, where the six-course tasting menu runs to $195 a person.</span>

The donor declined the invitation.</div></div>

THIS (http://www.nytimes.com/2011/06/13/us/politics/13donor.html?_r=1&ref=politics) is where the O-cult swears they have loved the banksters the entire time.

LWW
06-13-2011, 08:36 AM
But wait, there's even MORE:

<div class="ubbcode-block"><div class="ubbcode-header">Quote:</div><div class="ubbcode-body">WASHINGTON — A few weeks before announcing his re-election campaign, President Obama convened two dozen Wall Street executives, many of them longtime donors, in the White House’s Blue Room.
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Read All Comments (138) »
The guests were asked for their thoughts on how to speed the economic recovery, then the president opened the floor for over an hour on hot issues like hedge fund regulation and the deficit.

Mr. Obama, who enraged many financial industry executives a year and a half ago by labeling them “fat cats” and criticizing their bonuses, followed up the meeting with phone calls to those who could not attend.

The event, organized by the Democratic National Committee, kicked off an aggressive push by Mr. Obama to win back the allegiance of one of his most vital sources of campaign cash ... blah blah blah ... </div></div>

THIS KIND OF THING (http://www.nytimes.com/2011/06/13/us/politics/13donor.html?_r=3) would spur an investigation if we weren't living in a thugocracy.

Qtec
06-13-2011, 09:05 AM
Hey sleuth. Find out about what Rick Scott is doing in Florida.

Q

LWW
06-13-2011, 11:41 AM
Rick Scott isn't POTUS.

I don't live, work, worship, or vote in Florida.

Soflasnapper
06-13-2011, 05:30 PM
THIS KIND OF THING would spur an investigation if we weren't living in a thugocracy

An investigation on what?

And why won't the House Government Affairs under Republican Darryl Issa start one?

LWW
06-13-2011, 05:39 PM
The issue is using the WH offices for campaign purposes.

Why won't they?

Probably because when they win the WH back they'd like to do the same thing.

Soflasnapper
06-14-2011, 12:51 PM
Using the WH offices for campaign purposes is legal. If you think it isn't, citations, please.

Using the WH for SOLICITING CAMPAIGN DONATIONS may not be, but where does it say any soliciting went on?

Do not say it amounts to solicitation, because this is the clear bright line standard in the law.

LWW
06-14-2011, 04:56 PM
<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Soflasnapper</div><div class="ubbcode-body">Using the WH offices for campaign purposes is legal. If you think it isn't, citations, please.

Using the WH for SOLICITING CAMPAIGN DONATIONS may not be, but where does it say any soliciting went on?

Do not say it amounts to solicitation, because this is the clear bright line standard in the law.
</div></div>
<div class="ubbcode-block"><div class="ubbcode-header">Quote:</div><div class="ubbcode-body"> TITLE 18 - CRIMES AND CRIMINAL PROCEDURE
PART I - CRIMES
CHAPTER 29 - ELECTIONS AND POLITICAL ACTIVITIES

-HEAD-
Sec. 607. Place of solicitation

-STATUTE-
(a) Prohibition. -
(1) In general. - It shall be unlawful for any person to
solicit or receive a donation of money or other thing of value in
connection with a Federal, State, or local election from a person
who is located in a room or building occupied in the discharge of
official duties by an officer or employee of the United States.
It shall be unlawful for an individual who is an officer or
employee of the Federal Government, including the President, Vice
President, and Members of Congress, to solicit or receive a
donation of money or other thing of value in connection with a
Federal, State, or local election, while in any room or building
occupied in the discharge of official duties by an officer or
employee of the United States, from any person.
(2) Penalty. - A person who violates this section shall be
fined not more than $5,000, imprisoned not more than 3 years, or
both. </div></div>

OH DEAR! (http://uscode.house.gov/download/pls/18C29.txt)

Soflasnapper
06-14-2011, 06:52 PM
Yes, thank you for citing the law concerning what I admitted was illegal.

However, the question was what is illegal about having people over whom you do not solicit? (Which would appear to be the case here, unless you have a citation to the contrary, instead of an insinuation.)

You wild-eyed, ADHD change-the-subject boy, you!

Concentrate, or we'll double up the Adderil.

LWW
06-14-2011, 07:24 PM
That's why I said we'd have an investigation if this wasn't a thugocracy ... I never did the leap to guilt as the left did incessantly for 8 years.

Now, remove your partisan goggles for a moment ... the event was held and scheduled by the White House, it was held and scheduled by the DNC at the White House.

If you can't see the smoke it's because you have your eyes sealed shut.

LWW
06-15-2011, 03:22 AM
ODDLY (http://www.whitehouse.gov/schedule/president/2011-03-07) the regime which promised to be the most transparent in history, neglected to put this event on the schedule.

This clearly demonstrates that it wasn't official gubmint bidniss ... and they didn't want the people to know about it.

Soflasnapper
06-15-2011, 01:34 PM
'Most transparent in history' doesn't actually mean 'totally transparent' or 'wholly transparent,' but rather, 'MORE transparent (than any other before it),' which is unfortunately, a rather low bar, which this case, however lamentable, doesn't disprove at all.

But yes, of course, if the DNC is the sponsor of this event (as they were), this is NOT exactly just a WH event.

Apparently, bringing in various constituencies to the WH for 'listening sessions,' and/or to pander to them for future votes and monetary contributions, is not illegal, so long as the real quid pro quo down the road goes unmentioned.

As I say, perhaps lamentable, and par for the course, except that when the other party holds the Oval Office, it wouldn't be the DNC hosting, but rather the RNC.

LWW
06-16-2011, 03:26 AM
<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Soflasnapper</div><div class="ubbcode-body">'Most transparent in history' doesn't actually mean 'totally transparent' or 'wholly transparent,' but rather, 'MORE transparent (than any other before it),' which is unfortunately, a rather low bar, which this case, however lamentable, doesn't disprove at all. </div></div>

Oh please.

The bar has been set quite high, whether most regimes reach that level or not is of course sad.

Within my lifetime a White House chief of staff was forced to resign over accepting a free overcoat.

Qtec
06-16-2011, 05:56 AM
BS. A free rain coat!

It says here,

<div class="ubbcode-block"><div class="ubbcode-header">Quote:</div><div class="ubbcode-body">Forced to resign as White House Chief of Staff after accepting a fur coat and an oriental rug from Bernard Goldfine, <u>a Boston textiles manufacturer who had pending business with the federal government. </u> </div></div>

How about golden boy Boehner handing out cheques from the tobacco lobbyists, just before the vote, on the Senate floor?

link (http://www.youtube.com/watch?v=MAC2xeT2yOg&feature=player_embedded)

Guilty as sin.

Q.... deserves its own thread.

LWW
06-16-2011, 06:04 AM
And again you prove me wrong by agreeing with me ... which proves you don't understand, beyond the level of a parrot that is, what you are talking about.