Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
2016 Postmortem
Related: About this forumBut No... Political Donations Don't Buy Influence... Do They ??? - Whoop, There It Is !!!
Hillary Clinton 2016: DC Lobbyists Set To Raise Cash For Hillary Victory FundBy Andrew Perez & David Sirota - IBT
02/29/16
<snip>
The Democratic National Committees recent move to end its ban on contributions from federal lobbyists was widely seen as a boost to Hillary Clintons campaign, which has ties to the Washington lobbying community. Clinton already appears to be taking advantage of the shift.
On Mar. 21, Clinton campaign chairman John Podesta and a handful of lobbying titans are scheduled to host a fundraiser for the Hillary Victory Fund, a joint fundraising account for the Clinton campaign, the DNC and 32 state parties. According to an invitation obtained by the Sunlight Foundation, Podestas co-hosts include Steve Elmendorf, Jeff Forbes and Susan Brophy all of whom were government officials before becoming lobbyists at top D.C. firms. The event with Podesta whose brother is a corporate lobbyist and fundraising bundler for Clinton follows a recent fundraising blitz by Clinton in which her campaign raised money from financial, energy and other industries that expect to have business before the next president.
The DNCs prohibition on lobbyist donations was instituted in 2008 at the behest of then-presidential candidate Barack Obama, who told voters: They will not fund my party. Clintons current Democratic primary opponent, Vermont Sen. Bernie Sanders, has pushed her to demand the DNC reinstate the lobbyist contribution ban. Clinton is already the top recipient of money from lobbyists in the 2016 campaign, the New York Times reported.
One of the lobbyists headlining the upcoming event, Elmendorf, donated $33,400 to the Hillary Victory Fund in October, months before the DNC said publicly it had lifted its contribution ban. A former chief of staff to then-Democratic House leader Richard Gephardt, Elmendorf is registered to lobby for Wall Street mega-bank Citigroup and entertainment and media company News Corporation.
Records show that Elmendorf previously lobbied for Goldman Sachs a firm thats been criticized by Sanders, and which paid Clinton $675,000 in speaking fees. (She has refused to release transcripts of those speeches.) Elmendorf also lobbied Congress on behalf of the Colombian government to pass the Colombia Free Trade Agreement a deal that Clinton opposed before pressing lawmakers to support it in her role as secretary of state. Elmendorf has raised $172,320 worth of donations for Clinton's campaign, according to Yahoo.
Both Elmendorf and Forbes a founding partner at Forbes-Tate have represented telecom giant Verizon as its fought the Obama administrations net neutrality rules, which would prevent internet providers from blocking or slowing access to some websites.
<snip>
Link: http://www.ibtimes.com/political-capital/hillary-clinton-2016-dc-lobbyists-set-raise-cash-hillary-victory-fund-2327589
InfoView thread info, including edit history
TrashPut this thread in your Trash Can (My DU » Trash Can)
BookmarkAdd this thread to your Bookmarks (My DU » Bookmarks)
11 replies, 780 views
ShareGet links to this post and/or share on social media
AlertAlert this post for a rule violation
PowersThere are no powers you can use on this post
EditCannot edit other people's posts
ReplyReply to this post
EditCannot edit other people's posts
Rec (42)
ReplyReply to this post
11 replies
= new reply since forum marked as read
Highlight:
NoneDon't highlight anything
5 newestHighlight 5 most recent replies
But No... Political Donations Don't Buy Influence... Do They ??? - Whoop, There It Is !!! (Original Post)
WillyT
Mar 2016
OP
Riiiight. They're investing in a product that they expect no return on.
Tierra_y_Libertad
Mar 2016
#1
Tierra_y_Libertad
(50,414 posts)1. Riiiight. They're investing in a product that they expect no return on.
Kip Humphrey
(4,753 posts)2. Is it Hubris?
Qutzupalotl
(14,386 posts)3. Corporate politicians just want FREE STUFF.
WillyT
(72,631 posts)4. Afternoon Kick !!!
mhatrw
(10,786 posts)5. Money Can't Buy Them Love
They just like to bribe elected officials for no reason whatsoever.
WillyT
(72,631 posts)6. We All Know What's Going On... And That So Many Are Enabling It...
madfloridian
(88,117 posts)7. Elmendorf..is the one who said of bloggers...take their money...
use their activism, but don't give in to them...paraphrased. Have the full quote somewhere.
WillyT
(72,631 posts)9. Thanks...
cantbeserious
(13,039 posts)10. Legalized Bribery - Pure And Simple
eom
mak3cats
(1,573 posts)11. This deserves a K&R... (eom)