Question: Could it be true that President Obama was one of the biggest recipients of BP cash and, if so, wasn’t he also the biggest recipient of Goldman Sachs cash?
This recent article reveals the answer to this question-You Decide:
Obama biggest recipient of BP cash–Posted on Politico-By ERIKA LOVLEY-On May 5, 2010:
These are pertinent excerpts from this article:
“While the BP oil geyser pumps millions of gallons of petroleum into the Gulf of Mexico, President Barack Obama and members of Congress may have to answer for the millions in campaign contributions they’ve taken from the oil and gas giant over the years.
BP and its employees have given more than $3.5 million to federal candidates over the past 20 years, with the largest chunk of their money going to Obama, according to the Center for Responsive Politics. Donations come from a mix of employees and the company’s political action committees — $2.89 million flowed to campaigns from BP-related PACs and about $638,000 came from individuals.
On top of that, the oil giant has spent millions each year on lobbying — including $15.9 million last year alone — as it has tried to influence energy policy.
During his time in the Senate and while running for president, Obama received a total of $77,051 from the oil giant and is the top recipient of BP PAC and individual money over the past 20 years, according to financial disclosure records.
An Obama spokesman rejected the notion that the president took big oil money.
“President Obama didn’t accept a dime from corporate PACs or federal lobbyists during his presidential campaign,” spokesman Ben LaBolt said. “He raised $750 million from nearly four million Americans. And since he became president, he rolled back tax breaks and giveaways for the oil and gas industry, spearheaded a G20 agreement to phase out fossil fuel subsidies, and made the largest investment in American history in clean energy incentives.”
In Congress, Sen. Mary Landrieu (D-La.), who last week cautioned that the incident should “not be used inappropriately” to halt Obama’s push for expansion of offshore drilling, has been one of the biggest beneficiaries of BP’s largesse. Her comments created some blowback, with critics complaining that she is too blasé about the impact of the disaster, even though she was among the first lawmakers to call for a federal investigation into the spill.
As the top congressional recipient in the last cycle and one of the top BP cash recipients of the past two decades, Landrieu banked almost $17,000 from the oil giant in 2008 alone and has lined her war chest with more than $28,000 in BP cash overall.
“Campaign contributions, from energy companies or from environmental groups, have absolutely no impact on Sen. Landrieu’s policy agenda or her response to this unprecedented disaster in the Gulf,” said Landrieu spokesman Aaron Saunders. “The senator is proud of the broad coalition she’s built since her first day in the Senate to address the energy and environmental challenges in Louisiana and in the nation. This disaster only makes the effort to promote and save Louisiana’s coast all that more important.”
Several BP executives have given directly to Landrieu’s campaign, including current and previous U.S. operation Presidents Lamar McKay and Robert Malone. Other donors include Margaret Hudson, BP’s America vice president, and Benjamin Cannon, federal affairs director for the U.S. branch. Donations ranged from $1,000 to $2,300 during the past campaign cycle.
Environmentalists complain that Landrieu has played down the impact of oil spills.
“I mean, just the gallons are so minuscule compared to the benefits of U.S. strength and security, the benefits of job creation and energy security,” Landrieu said at a hearing last month on offshore drilling. “So while there are risks associated with everything, I think you understand that they are quite, quite minimal.”
“They own Mary Landrieu and the rest of the Louisiana delegation,” said Greenpeace Research Director Kert Davies. “They have more money, disposable income and a fleet of dispensable lobbyists to beat the band.”
Other politicians with ties to coastal states or states with BP refineries have also reaped benefits from the fourth largest company in the world.
The top congressional recipients of BP campaign cash include Republican Rep. Don Young of the oil-intensive Alaska delegation, who has received almost as much as Obama, raking in $73,300 during his congressional tenure. Also on the list is Sen. George Voinovich (R-Ohio), whose state has a BP refinery in Toledo and who has raked in $41,400. Sen. John McCain (R-Ariz.) has received $44,899.
“Make no mistake: BP ranks among the most powerful corporate forces in U.S. politics,” said Dave Levinthal, spokesman for the Center for Responsive Politics. “It donates hundreds of thousands of dollars every election cycle through its employees and political action committee and is routinely a seven- or eight-figure federal lobbying powerhouse each year.”
In 2008 alone, BP gave $37,000 to members of the House Energy Committee and $106,501 to members of the Senate Homeland Security Committee, which deals with security issues facing the nation’s oil supply.
BP has also evolved in its corporate giving over the past decade, shifting more money to Democrats. In 2000, the company gave almost 39 percent more to Republicans than to Democrats. But by 2008, Democrats had nearly pulled even with Republicans on BP donations.
Moreover, the company has nearly tripled the amount of money it has spent on lobbying, from about $5.7 million in 1999 to $15.9 million last year, according to lobbying disclosures.
BP has bulked up its K Street team by signing some of the biggest firms in Washington, several of which employ former Hill staffers with deep-seated ties to Louisiana and the Gulf of Mexico coast.
BP representation within lobby shop Alpine Group alone includes lobbyist Bob Brooks, who served as chief of staff to former Rep. Jim McCrery (R-La.), and lobbyist Rebecca Hawes, a longtime counsel for former Sen. John Breaux (D-La.). Jason Schendle worked for Landrieu for nine years, according to lobbying disclosures.
Former Rep. Jim Turner, now a lobbyist for BP with Arnold & Porter, formerly represented the 2nd District of Texas, which includes a large piece of Gulf shoreline. And at DC Legislative and Regulatory Services, BP lobbyist David Marin was formerly the lead Hill staffer for Congress’s Select Committee to Investigate the Preparation for and Response to Hurricane Katrina.
“First, they are exceedingly competent. Second, they are [Democratic-centric]. I know the first will help enormously in the next few weeks. I am not so sure about the second,” said Republican energy lobbyist Mike McKenna of MWR Strategies, who predicted that Landrieu would quite likely get “very wide latitude” on the oil issue. “That may not be the case with BP, whose record is a bit more spotty.”
Note: These articles and/or blog posts and videos relate to and/or support the above article-You Decide:
Is the Oil Spill an Act of War? “The enemy is that which is opposed to truth, freedom, and God. Politically, we call it the Far Left — Marxist/Fascists”–Posted on Canada Free Press-By Jim O’Neill-On June 16, 2010:
Obama Wants $15 Million to Create Oil-Spill Probe Panel–Posted on Human Events-By Connie Hair-On June 17, 2010:
More Americans Say They Want BP ‘in Charge of’ Cleaning Up Oil Spill Rather Than Obama’s Federal Government–Posted on CNSNews.com-By CNSNews Staff-On June 17, 2010:
Morning Bell: An Offer BP Couldn’t Refuse–Posted on The Heritage Foundation-On June 17, 2010:
Gingrich: Obama’s Approach to Spill Made Disaster Worse–Posted on NewsMax.com-By John Rossomando-On June 17, 2010:
Morning Bell: A Crisis of Competence–Posted on The Heritage Foundation-On June 16, 2010:
Video: Ed Schultz calls for Obama to act as Dictator–Posted on ExposeObama.com-On June 16, 2010:
Vitter: Obama Exploiting Oil Spill to Push Liberal Agenda–Posted on NewsMax.com-By Jim Meyers-On June 16, 2010:
Oil spill muddies green political waters–Posted on BBC News–By Richard Black-On June 16, 2010:
Americans Want Action, Not Exploitation–Posted on The Research Center for Public Policy Research-On June 16, 2010:
Both BP CEO Hayward and Obama Support Big Government Efforts to Discourage Fossil Fuels–Posted on The Research Center for Public Policy Research-On June 16, 2010:
A call to reduce fossil fuels, without specifics–Posted On LATimes.com-By Jim Tankersley, Tribune Washington Bureau-On June 16, 2010:
Bachmann: Obama Exceeding Constitutional Authority in Ordering BP to Surrender Funds–‘It’s All About Extortion’–Posted on CNSNews.com-By Chistopher Neefus-On June 16, 2010:
BP eliminates dividend–Posted on LATimes.com-On June 16, 2010:
Fiorina: Team Obama ‘Asleep at the Switch’ on Oil Spill–Posted on NewsMax.com-By Lawrence M. Walsh-On June 15, 2010:
Morning Bell: The Obama Energy Tax Game Plan–Posted on The Heritage Foundation-On June 15, 2010:
Tax, Baby, Tax: ‘So I Know Whose A** to Kick’-Posted on Human Events-By Brian Darling–On June 14, 2010:
Obama says BP oil spill impact ‘echoes’ 9/11; relative of WTC victim calls President ‘off-base’–Posted on NYDailyNes.com–By KENNETH R. BAZINET AND LARRY MCSHANE, DAILY NEWS STAFF WRITERS-On June 14th 2010:
Group Calls on Recipients of BP Grants and Contributions to Return Donations for Use in Cleanup–Posted on The National Center for Public Policy Research-On June 11, 2010:
Brits Condemn an ‘Anti-BP Obama’: “U.K. lawmakers express concern with president’s rhetoric against oil company”–Posted on Yahoo News-On June 10, 2010:
Louisiana leaders want Gulf drilling to resume–Posted on Yahoo News-By ALAN SAYRE and CHRIS KAHN, Associated Press Writers-On June 10, 2010:
Morning Bell: How the White House is Making Oil Recovery Harder–Posted on The Heritage Foundation-On June 10, 2010:
Gibbs: Obama hasn’t talked to Hayward because BP board calls the shots-Posted on The Washington Post-By Michael D. Shear-On June 10, 2010:
McConnell Charges That ‘Major Part’ of Democrats’ Cap-Trade Bill ‘Essentially Written by BP’–Posted on CNSNews.com-By Penny Starr, Senior Staff Writer-On June 09, 2010:
Is Obama an eco-terrorist or a bungler?–Posted on Laigles Forum-On June 10, 2010:
Obama Fails the Test of Office–Posted on American Thinker-By J.R. Dunn-On June 7, 2010:
AP: Gov’t Fails Latest Test of Trust in Gulf-Posted on FoxNews.com-By Associated Press-On June 7, 2010:
As Oil Slips Away, So Do Chances for Obama–Posted on The New York Times-By PETER BAKER-On June 2, 2010:
He Was Supposed to Be Competent: “The spill is a disaster for the president and his political philosophy”–Posted on The Wall Street Journal-By PEGGY NOONAN-On May 29, 2010:
The ties that bind. Remember Rahm Emanuel’s rent-free D.C. apartment? The owner: A BP adviser-Posted on LATimes.com-On June 7, 2010:
Morning Bell: Obama and the Oil Spill–Posted on The Heritage Foundation-On June 3, 2010:
Giuliani Rips Obama’s Handling of Oil Spill–Posted on NewsMax.com-By Theodore Kettle-On June 3, 2010:
Attorney General Eric Holder Announces Criminal Investigation Into Gulf Oil Spill: “As BP Begins 7th Attempt to Contain Leak, Feds Say Criminal Probe Already Underway”–Posted ABCNews.go.com-By MATT GUTMAN, KATE McCARTHY and BRADLEY BLACKBURN-On June 1, 2010:
Obama administration moves to distance itself from BP on oil spill response-Posted on The Washington Post-By Joel Achenbach and Jerry Markon, Washington Post Staff Writer-On June 1, 2010:
Morning Bell: White House in Disarray–Posted on The Heritage Foundation-On May 28, 2010:
Only 16 Percent Approve of Handling of BP Crisis–Posted on NewsMax.com-On May 27, 2010:
Testy Obama Insists He’s Calling Shots on Spill–Posted on NewsMax.com-On May 27, 2010:
Americans rate non-response same as prompt same-day response?–Posted LaiglesForum.com-By Don Hank-On May 27, 2010:
Absent-in-Chief: Obama MIA for Memorial Day, Vacationing as Spill Worsens-Posted on NewsMax.com-On May 26, 2010:
Morning Bell: A Crisis of Competence in the Gulf–Posted on The Heritage Foundation-On May 26, 2010:
It’s an Obama-Nation–Posted on TownHall.com-By Rich Galen-On May 24, 2010:
Morning Bell: The Buck Stops Nowhere–Posted on The Heritage Foundation-On May 24, 2010:
BP-Gate: 34 Days and Obama Still Lets Oil Giant Run Show–Posted on NewsMax.com-On May 23, 2010:
Palin: Obama in Bed with Big Oil–Posted on NewsMax.com-On May 23, 2010:
MMS Offshore Drilling Chief to Retire: “Chief of MMS offshore drilling programs to abruptly retire amid fallout from Gulf oil spill”–Posted on ABCNwes.go.com-By The Associated Press-On May 17, 2010:
Morning Bell: Did the Federal Government Enable the Gulf Oil Spill?–Posted on The Heritage Foundation-On May 17, 2010:
The Cover-up: BP’s Crude Politics and the Looming Environmental Mega-Disaster–Posted on OilPrice.com-By Wayne Madsen-On May 5, 2010:
Obama Administration Tries to Combat Growing Criticism From Right and Left Over Response to Oil Spill–Posted on CNSNews.com-By Fred Lucas, Staff Writer-On May 6, 2010:
Will Obama Return $994,795 in Goldan Sachs Campaign Contributions?-Posted on OpenSecrets.org:
What Makes Obama Run?–Posted on ChicagoReader.com-On December 8, 1995:
These are pertinent excerpts from this article-You Decide:
“Obama said he’s not at all comfortable with the political game of getting and staying elected, of raising money in backroom deals and manipulating an electable image.
“I am also finding people equivocating on their support. I’m talking about progressive politicians who are on the same page with me on the issues but who warn me I may be too independent.”
Although Obama has built strong relationships with people inside Mayor Daley’s administration, he has not asked for their support in his campaign. Nor has he sought the mayor’s endorsement.
“I want to do this as much as I can from the grass-roots level, raising as much money for the campaign as possible at coffees, connecting directly with voters,” said Obama. “But to organize this district I must get known. And this costs money. I admit that in this transitional period, before I’m known in the district, I’m going to have to rely on some contributions from wealthy people–people who like my ideas but who won’t attach strings. This is not ideal, but it is a problem encountered by everyone in their first campaign.
“Once elected, once I’m known, I won’t need that kind of money, just as Harold Washington, once he was elected and known, did not need to raise and spend money to get the black vote.”
Note: These articles and/or blog posts relate to and/or support my recent blog posts-You Decide:
U.S. Accuses Goldman Sachs of Fraud!
Active complaint to the FEC over President Obama’s campaign finances!
Nearly 80 percent don’t trust the government!
“Food For Thought”
“God Bless & Keep Our USA Safe”