David Rubin Attended Exclusive Hollywood Fundraiser for Obama
FROM: ABC News
In late September, Rubin attended an exclusive Los Angeles fundraiser for Obama, held at the Beverly Hills’ Greystone Mansion. Attendees gave tens of thousands of dollars which the campaign split between its own coffers, the Democratic National Committee and state-level campaign groups supporting Obama and Democratic candidates. The technique helps campaigns take in from individuals far more than the $2,300 maximum they are allowed to give to a single campaign fund.
Rubin’s money went to a joint Obama-DNC fund ($28,500), the DNC itself ($26,200), and to the Obama campaign ($2,300), according to the database of campaign donations at OpenSecrets.Org. News of the federal investigation into Rubin’s New Mexico dealings had broken less than three weeks earlier.
Daley want money:
From:
http://www.freerepublic.com/focus/f-news/2159935/posts
Chicago SunTimes ^ |
...Daley was cagey when asked how a city struggling to survive its worst budget crisis in recent history would come up with the matching funds needed to qualify for federal grants. That’s normally where the state comes in.
“That’s how you do creative financing,” he said.
Chief Financial Officer Paul Volpe, the mayor’s newly-designated chief-of-staff, refused to say what the mayor meant by “creative financing.” Last week, Volpe acknowledged that Chicago closed the book on 2008 $31 million deeper in the hole than previously thought because of declining revenues tied to the economic downturn. He warned that the city might have to tap into a $324 million “rainy day fund” created when Chicago parking meters were
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Daley said Chicago put itself “in a different position” than other major cities by privatizing Midway Airport and Chicago parking meters for a combined $3.65 billon last year. But, that doesn’t mean the city is out of the woods. Far from it.
“Every two weeks, we’re gonna be reporting revenue streams ‹ what’s coming in, what’s not coming in,” said the mayor, who was criticized last fall for blindsiding Chicago aldermen with a $469 million deficit.
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