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The ties that bind. Remember Rahm Emanuel's rent-free D.C. apartment? The owner: A BP adviser
LA Times ^ | June 7, 2010 | Andrew Malcolm

Posted on 06/08/2010 6:10:06 AM PDT by ecsmceo

In case you were tempted to buy the faux Washington outrage at BP and its gulf oil spill in recent days, here's a story that reveals a little-known corporate political connection and the quiet way the inner political circles intersect, protect and care for one another in the nation's capital. And Chicago. We already knew that BP and its folks were significant contributors to the record $750-million war chest of Barack Obama's 2007-08 campaign. Now, we learn the details of a connection of Rahm Emanuel, the Chicago mayoral wannabe, current Obama chief of staff, ex-representative, ex-Clinton money man and ex-Windy City political machine go-fer. Shortly after Obama's happy inaugural, eyebrows rose slightly upon word that, as a House member, Emanuel had lived the last five years rent-free in a D.C. apartment of Democratic colleague Rep. Rosa DeLauro of Connecticut and her husband, Stanley Greenberg.

(Excerpt) Read more at latimesblogs.latimes.com ...


TOPICS: News/Current Events; Politics/Elections
KEYWORDS: bloggersandpersonal; cultureocorruption; duplicate; notbreakingnews; obamaadministration; obamabpties; obamascandals; rahmemanuel; reprosadelauro; stanleygreenberg
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In case you were tempted to buy the faux Washington outrage at BP and its gulf oil spill in recent days, here's a story that reveals a little-known corporate political connection and the quiet way the inner political circles intersect, protect and care for one another in the nation's capital. And Chicago.

We already knew that BP and its folks were significant contributors to the record $750-million war chest of Barack Obama's 2007-08 campaign.

Now, we learn the details of a connection of Rahm Emanuel, the Chicago mayoral wannabe, current Obama chief of staff, ex-representative, ex-Clinton money man and ex-Windy City political machine go-fer.

Shortly after Obama's happy inaugural, eyebrows rose slightly upon word that, as a House member, Emanuel had lived the last five years rent-free in a D.C. apartment of Democratic colleague Rep. Rosa DeLauro of Connecticut and her husband, Stanley Greenberg.

1 posted on 06/08/2010 6:10:06 AM PDT by ecsmceo
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To: ecsmceo
This is huge because now the Obama administration is literally in bed with BP.
2 posted on 06/08/2010 6:14:25 AM PDT by tobyhill
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To: ecsmceo

LA Times? Just.... wow.


3 posted on 06/08/2010 6:15:01 AM PDT by jersey117
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To: STARWISE; onyx; hoosiermama; Miss Didi; Liz; Hoodat; SE Mom

Well..Well..Well PING! (The L.A Times no doubt...mmm...mmm..mmm)


4 posted on 06/08/2010 6:15:16 AM PDT by penelopesire ("Did you plug the hole yet daddy?")
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To: ecsmceo

Whoa! That is one juicy bit of information.


5 posted on 06/08/2010 6:15:36 AM PDT by Pearls Before Swine
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To: ecsmceo

From the LA Times? I’m shocked.


6 posted on 06/08/2010 6:15:50 AM PDT by ILS21R
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To: ecsmceo

Surely, this is an inadvertent indiscretion!


7 posted on 06/08/2010 6:16:33 AM PDT by no_go_lie
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To: jersey117

Can you feel it yet? It feels like a MSM tipping point to me.


8 posted on 06/08/2010 6:16:55 AM PDT by Mobties
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To: ecsmceo
Obamah’s ballerina is Literally IN BED with Big OIL.
9 posted on 06/08/2010 6:17:16 AM PDT by TexasCajun
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To: tobyhill

All of Washington is in bed with someone. It’s a pit full of corrupt snakes. Will America ever have true leaders and statesmen again?


10 posted on 06/08/2010 6:19:20 AM PDT by Rennes Templar (Illegal immigration is destroying America, look what it's done to the White House)
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To: penelopesire; rodguy911; piasa; kcvl; maggief

The Clinton nest of spiders has never stopped
spinning their corrupt webs. Easy to see why
-0 had to have their networks on his side,
whatever it took.


11 posted on 06/08/2010 6:21:12 AM PDT by STARWISE (The overlords are in place .. we are a nation under siege .. pray, hunker down & go Galt)
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To: ecsmceo

Anyone ping Drudge?


12 posted on 06/08/2010 6:21:38 AM PDT by oprahstheantichrist (The MSM is a demonic stronghold, PLEASE pray accordingly - 2 Corinthians 10:3-5)
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To: All
REFERENCE Oil dispersant mfg NALCO is associated with Exelon---Wall Street Rahm Emanuel's first big deal---while Axelrod did the PR......and ComEd. (Bill Ayers' father was CEO of ComEd)

THE CHICAGO WAY UChicago Argonne controls major energy industry connections. ComED & Exelon are connected to NALCO through UChicago Argonne. All are connected to Fermilab. Stimulus millions is funding all these connections. They hire each other's executives. ComEd hired a CEO from NALCO and a director from the Dept of Ed.

UCHICAGO ARGONNE, LLC--Stimulus Contract: $163,724,912.00
US Department of Energy - May 22, 2009

==================================

May 2, 2010 ---- MARKET WIRE
Special Report on BP plc, Citigroup Inc, Goldman Sachs, Nalco Holding Co.

LAS VEGAS -- The scale and carnage of BP's recent oil spill disaster continues to grow on a daily basis. BP shares have fallen 12% since the disaster. News organs report that several banks (including Goldman Sachs, GS and Citigroup), recommended buying BP shares. They argue investors are over-reacting since the April 20 explosion.

BP released news that it has tested the dispersants (manufactured by Chicago-based Nalco Holding Co.) and authorized it's use on a larger scale. BP also added it is looking for additional suppliers to begin manufacturing the dispersant material in mass quantities. SOURCE http://tinyurl.com/2cachel

SOURCES
http://www.chicagobusiness.com/cgi-bin/news.pl?id=22533
http://research.uchicago.edu/uc_anl_centers.shtml
www.EnergyStockAlerts.com--a premier source for microcap and blue chip research and commentary.

===========================================

Goldman reported readying BP for takeover defense (Rahm Emanuel is G/S dealmaker in the WH)
Marketwatch
FR Posted June 06, 2010 by Hamiltonian

LONDON (MarketWatch) -- BP PLC's regular advisor Goldman Sachs is rumored to be preparing to fend off any potential takeover attempts for the U.K. oil major, reports the Independent on Sunday.(Excerpt) Read more at marketwatch.com

============================================

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/

13 posted on 06/08/2010 6:21:57 AM PDT by Liz (If teens can procreate in a Volkswagen, why does a spotted owl need 2000 acres? JD Hayworth)
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To: Rennes Templar

I bet they were more than just bunk buddies.


14 posted on 06/08/2010 6:22:20 AM PDT by tobyhill
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To: penelopesire

No doubt (/snix).


15 posted on 06/08/2010 6:23:25 AM PDT by Liz (If teens can procreate in a Volkswagen, why does a spotted owl need 2000 acres? JD Hayworth)
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To: ILS21R
latimesblogs is allowed to drift toward the center.
16 posted on 06/08/2010 6:23:27 AM PDT by oprahstheantichrist (The MSM is a demonic stronghold, PLEASE pray accordingly - 2 Corinthians 10:3-5)
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To: ecsmceo
Emanuel lived the last five years rent-free in a D.C. apartment of Democratic
colleague Rep. Rosa DeLauro of Connecticut and her husband, Stanley Greenberg.


17 posted on 06/08/2010 6:24:11 AM PDT by Zakeet (The Big Wee Wee -- rapidly moving America from WTF to SNAFU to FUBAR)
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To: STARWISE; maggief

Glad you pinged maggie. I knew I was leaving out somebody, but haven’t had enough coffee yet..lol.


18 posted on 06/08/2010 6:25:08 AM PDT by penelopesire ("Did you plug the hole yet daddy?")
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To: tobyhill

This is huge because now the Obama administration is literally in bed with BP.

And yet never a word will be uttered by the LSM, but imagine in Halliburton (sp) gave $5 to a republican, there would have been outrage and calls for impeachment...


19 posted on 06/08/2010 6:26:34 AM PDT by Cyclone59 (I ROCK, Guitar Hero said so........)
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To: ecsmceo

I’m glad this story is getting legs.


20 posted on 06/08/2010 6:27:05 AM PDT by RushIsMyTeddyBear (I don't have a 'Cousin Pookie'.)
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