How Much Will David Axelrod Profit From Obama Care?

MarineReconDad — Sun, 23 Aug 2009 16:53:13 GMT

It turns out that President Barack "Change" Obama isn't changing things that much after all. At least not for David Axelfod, who appears to be playing the classic Washington insider's game for fun and profit.

Explains Ellen Carmichael of Americans for Prosperity:

While Axelrod worked behind the scenes to craft policy that would lead to a government overhaul of the medical industry, his firm in Chicago lobbied special interest groups to earn massive media contracts that would help dictate political discourse during the debate. According to an August 19, 2009 Associated Press report , President Obama's efforts to push his health care reform agenda have created a "financial windfall in the election offseason to Democratic consulting firms that are closely connected" to the President and Axelrod.

These coalition groups are currently running "at least $24 million in pro-overhaul ads" with the help of GMMB, a consulting group led by a "top Obama campaign strategist" and AKPD Message and Media, the firm owned by none other than David Axelrod. Michael Axelrod, David's son, now manages the day-to-day affairs of his father's AKPD Message and Media, aided in part by his employee, David Plouffe, Obama's presidential campaign manager.

One of their biggest clients, Americans for Stable Quality Care, is comprised of political and financial heavyweights like the Service Employees International Union (SEIU), American Medical Association (AMA), FamiliesUSA and PhRMA, the last promising to pony up $150 million to promote the President's health care reform agenda.

While the Associated Press concedes that there is "no evidence that Axelrod directly profited from the group's ads," they also admit that he will draw $2 million from the firm over the next four years. The larger issue, Sheila Krumholz, executive director of the Center for Responsive Politics, contends, is a "network of relationships and overlapping interests" that could become a "problem as Obama tries to win the public over on health care and fulfill his promise to change the way Washington works."

Nice work if you can find it. The recession obviously never really hit Mr. Axelrod!

RE: How Much Will David Axelrod Profit From Obama Care?

A Brown — Mon, 31 Aug 2009 00:03:44 GMT

Now or later on? Millions now and Millions when Obama leaves office.Two birds of a feather, stick together.Or are there some that can blame this on Bush too?

RE: How Much Will David Axelrod Profit From Obama Care?

Bob — Mon, 31 Aug 2009 03:00:32 GMT

What do you expect, you have he Chicago wanna be mafia now running the country. Rahm Emanuel loves to give dead fish wrapped in newspaper to his opponents, who does that sound like, and if you really want to read a good one, go read the transcript from the FBI Sting. I thought I was reading a new episode of God Father, maybe God Father IV. copy and paste this puppy.....http://www.dailykos.com/storyonly/2008/12/12/142929/59/901/672355 ....So with the Wanna be's in power, yes a lot of crooked deals are going down, and yes I agree Ellen Carmichael. It still bothers me that not one reporter asked Rahm Emanuel anything about his 39 day jaunt to Africa to aviod dealing with the leaked FBI Sting Tape on 12 Dec 2008. Our News meadia has no gumption at all, this scum bag deserves no quarter, he lies, he cheats, and he steals... and not one Reporter will query even a meek little question. The most filthy talking man to ever be Chief of Staff, time for this POS to hit the road. Thank you

RE: How Much Will David Axelrod Profit From Obama Care?

Moosemose — Sat, 19 Sep 2009 01:56:56 GMT

Good Posts thanks for the Info, I'll go cry now..... John