Former Dem. Congressman Kennedy Alleges 'Quid Pro Quo' for Access to White House


Access to the Obama White House is in direct correlation to the amount of money donated to the president's reelection effort and the Democratic party, the New York Times reports today.

The Times reports: "those who donated the most to Mr. Obama and the Democratic Party since he started running for president were far more likely to visit the White House than others. Among donors who gave $30,000 or less, about 20 percent visited the White House, according to a New York Times analysis that matched names in the visitor logs with donor records. But among those who donated $100,000 or more, the figure rises to about 75 percent. Approximately two-thirds of the president’s top fund-raisers in the 2008 campaign visited the White House at least once, some of them numerous times."

But the most explosive allegation in the news story comes from former Democratic congressman Patrick Kennedy, son of the late Ted Kenney, who calls what the Obama White House is doing "quid pro quo."

Patrick J. Kennedy, the former representative from Rhode Island, who donated $35,800 to an Obama re-election fund last fall while seeking administration support for a nonprofit venture, said contributions were simply a part of “how this business works.”

“If you want to call it ‘quid pro quo,’ fine,” he said. “At the end of the day, I want to make sure I do my part.”

“I know that they look at the reports,” he said, referring to records of campaign donations. “They’re my friends anyway, but it won’t hurt when I ask them for a favor if they don’t see me as a slouch.”

Literally translated, "quid pro quo" means "something for something." As in, if you want something from the Obama White House, then give something (e.g., cash).

http://www.weeklystandard.com/blogs/former-dem-congressman-kennedy-alleges-quid-pro-quo-access-white-house_637051.html

yeah.. they just hire and appoint themselves..

LONDON -- From Titanic's birthplace in a Belfast shipyard to its resting place in the North Atlantic, thousands were gathering Saturday to remember the cruise ship that embarked on its maiden voyage as an icon of Edwardian luxury but became, in a few dark hours 100 years ago, an enduring emblem of tragedy.

The ship was traveling from England to New York, carrying everyone from plutocrats to penniless emigrants, when it struck an iceberg at 11:40 p.m. on April 14, 1912. It sank at 2:20 a.m. on April 15, with the loss of more than 1,500 of the 2,208 passengers and crew.

Aboard the Balmoral, a cruise ship that is taking 1,309 history buffs and descendants of Titanic victims on the route of the doomed voyage, passengers and crew will hold two memorial services at the site of the disaster, 400 miles (640 kilometers) off the coast of Newfoundland – one marking the time when the ship hit the iceberg, the other the moment it sank below the waves.

http://www.huffingtonpost.com/2012/04/14/titanics-sinking-anniversary_n_1425486.html

people that believe in conspiracies build up the CIA and all these other agencies as some sort of infallible god like omnipresent entities that are involved in everything..

when in fact, they are nothing more than large government bureaucratic albatrosses..

the way you all give them so much credit is actually astounding to me.

You can continue to ignore the reality.

You can keep regurgitating the leftist/big government talking points..

You are the one running around in circles because you have no real answers for my posts..

you are finally coming around to reality..

After going through the evidence at architects and engineers for 9-11 termites I have to say I am now a true believer in the nano-termite theory.

The evidence is just so overwhelming..

When you piece it all together the governments story as to what happened just can't be possible..

There is no doubt that nano-termites were planted in those buildings..

there is too much common sense applied in Austrian economics..

the world is a much more complicated place that needs a centralized government controlled economic policy...

hahahahahaha

there would be no lobbyists or whores for them to exploit if government power was limited.

banks would not take absurd risks knowing there was no safety net..

there would have been no housing crisis or financial crisis had the government:

1. done their job on oversight

2. not guaranteed risky home loans through Fannie and Freddie

3. not expanded the size and scope of spending to the point where they were so overly reliant on the revenue generated through taxes on money made in the housing market.

Let us not forget the huge sums of tax revenue generated by all these shenanigans..

What that suggests is that if you limit the power the government has the banks or any big business has no reason to lobby or expect favors..

no bank has the ability to dole out $700 billion to bail out anyone.

the government on the other hand..

Lehman Brothers Holdings Inc. LEHMQ and its creditors late Thursday said they want to subpoena Treasury Secretary Timothy Geithner to question him under oath over allegations J.P. Morgan Chase & Co., (JPM) illegally siphoned billions of dollars from the collapsing investment bank in the days before it filed for the largest bankruptcy in U.S. history.

In a filing accompanying Lehman's filing, made in U.S. District Court in Washington, Lehman's official committee of unsecured creditors said Geithner has thus far refused to comply with an Aug. 9, 2011, subpoena, and it wants a court to force Geithner to give a deposition by a March 16 deadline.

"Despite being a crucial fact witness on these issues, Secretary Geithner has refused to appear at a deposition in accordance with a valid subpoena issued by the Committee," the committee's lawyers said in the filing. Geithner was president of the Federal Reserve Bank of New York at the time of the Lehman collapse.

The Treasury Department didn't immediately respond to a request for comment.

The committee said in its filing that it also wants to question then-Treasury Secretary Hank Paulson, but that he too has turned the request down. It said it will handle the Paulson matter separately.

Geithner, the committee said in its filing, had more than 35 phone conversations with then-Lehman Chief Executive Richard Fuld and more than 10 with J.P. Morgan Chief Executive Jamie Dimon in the week before Lehman's September 2008 bankruptcy filing.

Lawyers for Lehman subpoenaed Geithner as part of its civil lawsuit against J.P. Morgan claiming Dimon and other top executives used inside knowledge to take advantage of Lehman as its financial state worsened.

The weekend before Lehman's monumental bankruptcy filing, the Geithner-led New York Fed became the meeting place for Wall Street titans and Washington policy makers trying to sort things out.

"The Department of the Treasury now turns its back on the President's commitment to transparency as it refuses to provide the creditors of Lehman Brothers with key evidence from the current Secretary of the Treasury, Timothy F. Geithner, who was a crucial witness to certain key events at issue in the creditors' litigation with JPMorgan Chase Bank, N.A," the committee said in its court papers.

http://www.marketwatch.com/story/lehman-bros-subpoenas-geithner-in-jp-morgan-row-2012-02-16

do you really think that any of these banks would have done all the risky lending if they didn't know the governments would bail them out if they were about to collapse?

do you?

I suggest you find the report on the Lehman Brothers bankruptcy and read it.

Geithner and the New York FED knew Lehman was lying on it's quarterly reports.

They ignored it..

Geithner's job as President of the New York FED was oversight of Wall Street.

The GOVERNMENT encouraged it...

The GOVERNMENT allowed it...

The GOVERNMENT bailed them out..

acting in coordination with the greek government..

acting in coordination with the american government..

you see a theme here?

GOVERNMENT IS THE PROBLEM... TOO MUCH POWER... IF IT WEREN'T FOR THE GOVERNMENTS ABSOLUTE POWER THIS WOULD NOT BE HAPPENING..

THE FREE MARKET SYSTEM WOULD HAVE SWALLOWED UP THESE BANKS, BUT THE GOVERNMENTS AROUND THE WORLD BAILED THESE BANKS OUT..

OPEN YOUR EYES..

credit.. and without it the world grinds to a halt..

If I recall correctly, there was a bed bug epidemic right after 9-11. Manhattan hotels were overrun and when they tried to burn the beds the springs would not melt because the fires weren't hot enough..

No I don't agree..

These banks have shareholders. I own shares in some of these banks. Most anyone that has a retirement account or mutual fund owns shares in these banks.

This isn't one or two people that control the bank and have ownership of it's assets.

Governments are the problem and they control things.. Goldman Sachs doesn't collect $2.5 trillion in revenue every single year while producing nothing.

Think about that.

this is the motherload.. haha

so what are you going to do about it?

stand on the side of the road holding a sign?

good lord

so there is not a shred of the truth in any subject matter that I have access to?

is there a fountain of truth in Belfast?