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Big Money Donors Get Transition Team Seats
By Mark Impomeni - Politics DailyDespite campaigning on a promise to rid Washington of corrupt moneyed interests, President-elect Barack Obama has given very influential posts on his transition team to big-money donors to his presidential campaign, according to an analysis by Bloomberg.com. John Podesta, head of the transition effort, announced rules yesterday banning registered lobbyists from raising money for the transition or working for the Administration in policy areas over which they have lobbyed in the past. But Bloomberg's investigation shows that the rules have big loopholes for campaign contributors and even some ...
Obama Tops in Large Money Donations
By Mark Impomeni - Politics DailySen. Barack Obama far and away outpaces any other presidential candidate in the total amount of money he has raised for the Democratic primary and the general election, having raised almost $340 million. But Sen. Obama also leads the other candidates in another, more dubious, category: most money raised from big money donations of $1,000 or more. Fully one-third, or $112 million, of Obama's fund-raising total has come from a network of big donors, bundlers, and the well-connected, including lobbyists.The New York Times took a look at the records and finds that Sen. Obama's big money network ...
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