Question:

Is Obama owned by special interests in Chicago?

by  |  earlier

0 LIKES UnLike

last year, at the request of a hired representative for an Australian-owned chemical corporation Nufarm, Obama introduced nine separate bills exempting the company from import fees on a range of chemical ingredients it uses in the manufacture of pesticides and herbicides. Nufarm's U.S. subsidiary is based in Illinois.

Nufarm wasn't the only beneficiary of Obama's efforts to reduce customs fees and duties. In early May of 2006, two Washington lobbyists registered to work on behalf of Astellas Pharma, a Japanese-owned drug company which also has offices in Illinois.

The lobbyists' task? "Introduce legislation to temporarily suspend customs duties for the importation of a pharmaceutical ingredient," they wrote on their lobbying forms. Less than three weeks later, the men had earned their $20,000 fee, thanks to Obama. On May 26, he introduced S. 3155, a bill specifically exempting Astellas' key ingredient from tariff payments. The bill cost the federal government more than $1 million in lost revenue, according to government estimates.

 Tags:

   Report

4 ANSWERS


  1. Typical politician.

    Red Team and Blue Team BOTH have the same disease:

    An insatiable hunger for money and power.


  2. Of course he is , Chicago's politics are well known for their corruption. But aren't all politicians owned by interest groups or big corporations ? I object more with Obama, because he ran on the platform of change, but he is no different than the rest, only that that he speaks like an snake oil salesman, and charms the pants out of you

    Cynical? You bet

  3. There is not a Politician on Capital Hill that does now fold to the special interest groups.

    The rub is trying to find how our Politician benefit from it.

    Is it money they have taken and where they have it hidden.

    Bush, Obama, McCain one way or another they are reaping what they sew.

    And the problem:  We all pay for it.

  4. I know.  It seems that all politicians have the same disease.  But he'll still be less pliable than President Bush and his group of corporate-owed robots.

    The pharmaceutical industry wrote Medicare Part D (no price negotiation, for the love of Mike!) and MBNA wrote the 2005 Bankruptcy law.  

    Haliburton.  Blackwater.

Question Stats

Latest activity: earlier.
This question has 4 answers.

BECOME A GUIDE

Share your knowledge and help people by answering questions.
Unanswered Questions