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…because Obama’s become entangled in the CDR case.

To summarize:
1–In February, 2008–less than a month after President-Elect Obama’s Iowa-Caucus upset of upset of Hillary Clinton–David Rubin, CEO of Beverly Hills-based CDR Financial Products, gave Obama’s campaign $1,000.
2–At beginning of the post-convention rush toward the Presidency, Rubin gave the Democratic Party $26,200 on 19 September, 2008.
3–Eleven days later, on 30 September, he also gave Obama’s campaign $2,300.

These are small gifts, Eric! I hear you saying. Why do they matter?

Well…the Richardson brouhaha began with a November 2006 FBI raid of CDR’s California offices at the start of a bid rigging investigation spanning several states…not just New Mexico.
(In a completely unrelated development, then-Senator Obama announced his candidacy for President, roughly a month later.)

Anyone remember Whitewater and the Rose Law Firm?
Remember how Bill Clinton’s health-care reform and everything else was cockblocked?
That’s why it matters!
The Justice Department’s Antitrust Division, U.S. Internal Revenue Service and Securities and Exchange Commission have been investigating CDR’s business dealings for some time. In fact, the IRS is reviewing more than twenty deals between 1996 and 2005, so there’s the potential for this mess to spread much, much farther.

Back to the donations…
On 17 September, two days before Mr. Rubin’s rather large donation to the DNC, he was on the guest list of an $11 million Obama fundraiser.
Hundreds of A-Listers–along with B, C and even D-Listers–were also on the list, including Leonardo DiCaprio and Jeffrey Katzenberg.

Remember the years of hearing knuckle-draggers, muckrakers and right-wing water-carriers piss and moan about the “Hollywood Elite?”

This plays right into every damn stereotype the Republicans have nurtured since Bill Clinton’s first term!  Jesus Christ!
That’s what the right-wingers are saying, you know? Oh, they probably phrase it as “Thank you, Jay-zus!”
This matters because it’s Manna from Heaven for the GOP and the right.  We’re in for four to eight years of cockblocking…change can be either better or worse.



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