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From Fox News Friday:
A top executive of a Wall Street firm that had received federal bailout money was among the donors who contributed to President Obama’s 2010 Senate re-election campaign after he resigned his Illinois seat, the Washington Times reported.
Bruce A. Heyman, managing director at Goldman Sachs, which received a $10 billion bailout last year, donated a maximum $2,300 to the Obama 2010 fund the day after Christmas, the newspaper reported.
In all, the fund received four contributions totaling $4,800 on Dec. 26, according to Federal Election Commission reports.
Obama formally left the Senate on Nov. 16 and had a surplus in his Senate campaign treasury, making the donations unusual but not illegal.
Federal election law allows Obama and five other former members of Congress now serving in his Cabinet or the White House to retain congressional campaign funds for years and spend the money for any political purpose, even if they don’t plan to run for Congress again.
The question here is, why would a donation be made to a senatoral account when the Senator has already been elected as the President? And why is Obama allowed to keep the money by law?
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This is about as blatant as it gets.
The whole thing is corrupt. If Obama had an (R) next to his name he’d be tarred and feathered by the media ten times over already.
Obama has done a fantastic job at creating a smokescreen of fooling willing participants into believing he’s a new kind of “hope and change” politician. He’s as crooked as they come and scandal after scandal confirms it. The media is a willing accomplice on issues like this, they don’t even report it.
Guaranteed verbatim, Obama will have no knowledge of this and he’ll claim it wasn’t the Bruce A. Heyman he knew.
Great find on this story.