Joe Biden: Announcing the By the People Fund (to combat Republican-aligned special interests)

Joe Biden: Announcing the By the People Fund
By Erica Sagrans - Jul 30, 2010 10:14:05 AM ET

Vice President Joe Biden sent a message to supporters announcing the By the People Fund to raise grassroots contributions that will help combat the special interests this election:

That's what Republican-aligned special interests have pledged to spend on the 2010 election. Just to put that in context, that's nearly $40 million more than every interest group spent on the 2008 presidential election -- combined.

When our administration and this movement decided to take on the special interests, we knew we were making a choice. And the consequences are clear. These groups have fought us at every turn in our struggle for change, and now they're trying to drown out our voices -- and our accomplishments -- with their campaign cash this fall.

We're not going to sit back and let that happen. Today, Organizing for America is announcing the By the People Fund with the goal of getting 3 million citizen donations to fuel our grassroots campaign for the upcoming election.

Please donate $5 today and help us take back this election from the corporate interests.

With our By the People Fund, we're going to make a statement this fall -- strengthening our grassroots efforts on the ground, focusing on getting first-time voters from 2008 back to the polls this year, and holding the Republicans and their special-interest allies accountable.

We've all gone to the mat with these folks time and again -- ever since Barack and I took office. And, from the Recovery Act to historic health reform to Wall Street reform, you helped prove we could win those fights.

Now these groups have one goal in mind when it comes to November 2nd -- erasing the progress we've made together.

By spending an unprecedented amount of cash to support Republicans, they're doing their best to buy their way back into power. And, if they do, they've been clear that they will do everything they can to undo the historic achievements we've fought so hard to win.

It's no wonder that each and every Republican in the Senate on Tuesday voted to allow these special interests to have a greater say in our elections. Their vote will allow these groups to spend millions on campaign ads -- and not have to reveal who's actually behind them.

I've been in politics a long time. I'm used to seeing the good guys outspent by interest groups. But we've never been outnumbered -- and we've never been outhustled.

I'm asking you to make sure it stays that way. Will you chip in and help us grow our By the People Fund?

Yeah---but Seinfeld got cancelled. Rahm Emanuel is in the WH and is one of the conniving architects of Ohaha's WH coup---who is still lurking in the bgrnd, calling the shots.

A LITTLE RAHM BACKSTORY (1) Rahm's entree into the top echelons of govt are paved with his past victories: 4-term Congressman Rahm was beatified as the man who masterminded the Congress and WH takeover with David Axelrod.

Rahm ran a political action committee laughingly called "Our Common Values PAC."

Emanuel was Clinton's henchman (while employed by Goldman Sachs), a 4 term-Congressman, and a notorious Fannie Mae looter.

In 2005 he chaired the Democratic Congressional Campaign Committee 2006-07. Rahm had Dems winning in solid Republican districts running as "true believers." Rahm and Axelrod had Maoist mau mau Ohaha himself win by deceiving voters, saying things like, "I want to be another Reagan."

(2) Rahm's first moves as COS : (a) takeover of US Treasury activities including the $14 trillion bailout, (b) putting his brother in charge of Medicare/Aid billions not including billions from OhahaCare, and (c) takover of the census.

Let's keep in mind----COS Rahm Emanuel took control of the US Treasury when he crept into our WH. "Professor" Obama knows nothing about high finance----but Rahm toiled on Wall Street before creeping into the executive branch.

Wall Streeters can make money disappear faster than a cream puff at a Weight Watchers weigh-in.

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THINGS WE DO NOT KNOW ABOUT RAHM EMANUEL Did Rahm reveal all of his ties to financial institutions involved in Obama's trillion dollar federal bailout of financials? Read on.

Goldman Sachs Will Be Sitting Pretty With Emanuel in the Obama White House
By Timothy P. Carney, Examiner Columnist, Nov 21, 2008

EXCERPT Today, in these tumultuous times of bailouts and meltdowns when the investment banking leviathan needs Washington more than ever before, Goldman Sachs can leverage its most valuable asset yet White House chief of staff Rahm Emanuel.

Traditionally a Democratic booster, and one of Barack Obama’s top sources of funds in this past election, Goldman has always had particularly strong allies in government.

Rahm Emanuel is one such ally. An interesting early chapter in the Goldman-Emanuel relationship took place in the setting of Bill Clinton’s 1992 campaign for the White House. Clinton hired Emanuel as his chief fundraiser.At the same time, however, Emanuel was on the payroll of Goldman Sachs, receiving $3,000 per month from the firm to “introduce us to people,” in the words of one Goldman partner at the time. This is certainly a noteworthy relationship, but it’s one that has almost entirely escaped scrutiny. (snip)

In his four terms in Congress, Emanuel raised $74,750 from Goldman, making the firm his number four source of funds. Goldman has helped Emanuel. How has Emanuel helped Goldman? The most obvious answer, as mentioned in this column two weeks ago, is in Emanuel’s lead role in shepherding the “$700 billion” bailout—first proposed by former a Goldman CEO, Bush Treasury Secretary Henry Paulson—through the skeptical House.

Of course, back in the Clinton days, Goldman benefited from NAFTA and the bailout of the Mexican currency, with Emanuel pushing NAFTA through Congress, and Rubin hammering out the peso bailout.

Did Goldman improperly funnel money to the Clinton campaign by subsidizing Emanuel’s salary in 1992? Did Goldman’s help to Clinton spur the Democratic president to push NAFTA and the Mexican bailout?

The answers to these questions are opaque, and with Emanuel burrowed deep within the Obama White House, the continued relationship between Goldman Sachs and Obama’s right hand man won’t be easy to follow.

Watch which regulations of Wall Street Obama fights for. Watch where the bailout money goes.

SOURCE http://www.washingtonexaminer.com/opinion/columns/TimothyCarney/ Goldman_Sach_Will_Be_Sitting_Pretty_With_Emanuel_in_the_Obama_White_House_112108.html

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