Sunday, May 27, 2012

Shakedown

Following a pattern, a group of one-percenters schedule a fundraiser for Obama immediately after he files charges against them. Protection money?
That best-selling author, Barack Obama, is scheduled to appear at a campaign fundraiser in New York on June 18, hosted by members of the publishing industry.

That would be the same President Obama whose administration filed anti-trust cases against five leading publishers in April, claiming they exercise an abusive monopoly.

In any other field of business, the timing would suggest a classic political shakedown - Nice little literary business you got here. It would be a shame if anything were to happen to it - or an attempt by a shady commercial interest to grease its way in Washington.
Other examples include Jon Corzine, who is under investigation for "losing" $1.6 billion and Jeffrey Katzenberg, who donated $2 million to Obama's SuperPac and also co-hosted a Hollywood fundraiser that stuffed Obama's coffers with $15 million after the SEC initiated a criminal investigation against the Hollywood superproducer.

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