Tuesday, August 19, 2008

Candidates and "Jam's" couple interesting tidbits today

First, I have been informed that as of today the get together at Nawiliwili Harbor on Aug. 24th has been cancelled at least as an official function. I would assume people can still informally assemble and surf there though?

Second, was this interesting tidbit that just appeared on the net today:

Tuesday, August 19, 2008
Candidates for Sale
http://www.rollingstone.com/politics/story/22210615/candidates_for_sale
Rollingstone.com
Candidates for Sale
What do Obama and McCain have in common? The same big donors, who will expect to have their way no matter who wins
BY MATT TAIBBI
Posted Aug 21, 2008 9:42 AM

Excerpted from the above article:

"McCain has also raked in big contributions from two other giants of the buyout world: the Carlyle Group (famous for its close ties to the Bush administration) and the Blackstone Group (whose co-founder, Pete Peterson, wrote a $28,500 check to McCain after he took home almost $1.8 billion from a public offering last year). McCain has also received monstrous sums from hedge-fund managers, attracted by his pledge to keep the tax rate on their earnings at only 15 percent. Executives and family members in a single hedge fund, Knott Partners, have contributed some $225,700 to McCain's campaign. Then there's the predictable influx of cash from would-be military contractors. John Lehman, a former secretary of the Navy whose firm builds the Superferry transport vessel, not only donated $28,500 of his own money, but bundled at least $250,000 for McCain from other donors. Donald Bollinger, who is a contractor on the controversial Littoral Combat Ship, gave $27,300 and bundled a whopping $500,000. Anyone want to bet on a decrease in Naval appropriations in a McCain presidency?"

This story just doesn't quit,
Aloha, Brad

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