Friday, October 17, 2008

The easiest get rich scheme, run a Vice Presidential Campaign

I knew this kind of thing was happening when I heard a year ago Dick Morris mention he had a chapter about this kind of behavior in his book. But when we consider how much money Obama/Biden raised, and how much of it came from Fannie, Freddie - this disgusting "I'm running for office to contribute to my family's wealth" is a little bit more nauseating.

Biden routes campaign cash to family, their firms
Democratic vice-presidential candidate Sen. Joseph R. Biden Jr. has paid more than $2 million in campaign cash to his family members, their businesses and employers over the years, a practice that watchdogs criticize as rife with potential conflicts of interest.

Getty Images FAMILY: Sen. Joseph R. Biden Jr.'s son, Hunter Biden, was at a campaign stop with his father in December. The candidate's sister, Valerie Biden Owens, is his longtime campaign manager.

The money largely flowed from the coffers of Mr. Biden's failed presidential campaign during the past two years to a company that employs his sister and longtime campaign manager, Valerie Biden Owens, according to campaign disclosure filings.

The senator from Delaware also directed campaign legal work to a Washington lobbying and law firm founded by his son R. Hunter Biden, the disclosures show.

Putting family members and their companies on the political payroll is legal if the work is legitimate and charged at market rates, according to the Federal Election Commission. Still, public watchdog groups have long criticized such arrangements.

H/T Weasel Zippers

Exit question: Is it safe to assume Biden doesn't care if he wins or not - as long as his coffers are properly filled?

Exit question #2: If this is how the Obama/Biden ticket behaves right now - what are we to expect when they are in office? Vitamin P will always keep you employed and wealthy. (Vitamin P = Protectionism for those who don't know)

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