Friday, May 29, 2009

President's 'Pay To Play' Policy Paying Partisan Politicians with Prime Posts

So, how much for the 'Court of St. James' job please?
Only $1million... really?
I'll take two with a side of Chicago style pay-ola and a kick-back slushy please.

Obama Offers Prime Posts to Top Campaign Contributors

May 29 (Bloomberg) -- Louis Susman has one thing in common with many of his predecessors nominated to be the U.S. ambassador to the United Kingdom: $$ money $$.

Susman, 71, a retired Citigroup Inc. senior investment banker, raised between $200,000 and $500,000 for President Barack Obama’s presidential campaign and another $300,000 for his inauguration. On Wednesday, Obama nominated Susman to the post formally known as the Court of St. James.

Like Andrew Mellon, Joseph Kennedy and Walter Annenberg before him, Susman’s credentials stem more from involvement in financing party politics than foreign policy experience.



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