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Posted on 05/20/2009 2:42:51 AM PDT by Scanian
Obama may earn millions from taxpayer-funded schools in his new book deal.
Five days before taking the oath of office, President-elect Barack Obama signed a book deal with Crown Publishing Group to publish a version of his best-selling book, "Dreams from My Father", aimed at middle school and young adult age groups. Obama would receive a $500,000 advance payment against royalties, plus ongoing royalty payments. Some in the media have questioned the propriety of this deal from the angle that the President might be unduly influenced by Bertelsmann AG, the German based media publishing empire which owns Random House, which is the parent company of Crown Publishing.
But there is a far larger dynamic at work. Random House and Crown are interested in selling books. And most middle and high school students do not buy lots of books, but the schools they attend do. So we presume that Crown Publishing will primarily pitch the book to schools along with libraries.
The real issue then becomes the tremendous influence that President Obama now enjoys over the spending plans of thousands of school districts which just received $44.5 Billion from the Stimulus Bill plus additional billions in the Omnibus Spending Bill, both of which Obama signed.
When Random House marketing professionals call on school districts and the state-level education departments to place the book, they will more likely be treated as purveyors of hope than annoying salespersons.
(Excerpt) Read more at americanthinker.com ...
This guy they call Obama is a creep. Seems like a snakeoil salesman.
CALLING GLEN BECK - GET ON THIS GLEN
Schemes from his father.
Hands down the most corrupt administration ever.
Does he even know who the sperm donor was?
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