Follow the money…

First Lady Postpones Houston Fundraiser at Home of Ex-Enron Exec

[John] Arnold, 37, one of the 400 richest Americans according to Forbes, was one of Barack Obama’s top financiers in 2008, bundling between $50,000 and $100,000 in contributions for his election campaign, according to the Center for Responsive Politics.  He has personally given the legal maximum — $5,000 — to Obama for 2012, records show.

An Obama campaign official said the Houston fundraisers would be rescheduled as soon as possible. They were to benefit the Obama Victory Fund, a joint account run by President Obama and the Democratic National Committee.  Ticket prices for the Arnold event ranged from $10,000 up to $35,800, the combined legal maximum.

The first lady will still travel to New Orleans Tuesday to attend a campaign fundraiser and an event for her ‘Let’s Move’ initiative, the White House says.”


Reminder: Enron – the bankrupt and criminal energy company – was the single largest campaign donor to the Bush/Cheney campaign in 2000.

Question: Does a monetary contribution to a presidential campaign come with strings?

Answer: Does a bear shoot the shit with a bull on Wall Street?

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