[...] 3. What is David Axelrod all about? Does it matter? Will anyone care? [...]

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And as an “oh by the way”…

as I understand it, he sold his company to his son… so you also have a situation where he’s doing business with a direct close family member in addition to the fact that if his former company doesn’t make a healthy profit, he doesn’t get what’s owed him.

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[...] Firm That Owes Obama’s Senior Advisor $2 Million Bucks Receiving Money From PhRMA [...]

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[...] Flopping Aces [...]

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If something like this had surfaced about Karl Rove during the Bush administration Democrats would be clamoring about a special prosecutor right about now.

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http://www.redstate.com/moe_lane/2009/08/19/how-to-legally-personally-profit-from-your-position-as-a-presidential-senior-advisor/

How to (legally*) personally profit from your position as a Presidential Senior Advisor.

Posted by Moe Lane (Profile)

Wednesday, August 19th at 7:30AM EDT
2 Comments

Just follow these easy steps!

1. Create AKPD Message & Media, a public relations company that specializes in astroturfing.
2. Attach yourself to the campaign of the candidate that eventually wins the 2008 Presidential election.
3. Disengage yourself from AKPD Media, but under circumstances where the company ‘owes’ you 2 million dollars, which it will then pay back over time (we call this ‘income’).
4. Become a Senior Advisor to the President.
5. Have the President negotiate a tone-deaf deal between the White House and lobbyist group PhRMA to get the pharmaceutical industry to support health care rationing.
6. ‘Discover’ one fine summer day that AKPD Media, the company that you created and which is still paying you money, has been given a fat advertising contract by PhRMA to astroturf health care rationing.
7. Profit!

See The Conservatives, Michelle Malkin, Protein Wisdom, Bloomberg, & Hugh Hewitt for more.

Speaking objectively, it’s a great scam: all Axelrod has to do is shrug and there’s no immediately obvious way to prove that PhRMA hired AKPD to eventually put money in Axelrod’s pocket. Ah, for the days when they merely had private Swiss bank accounts…

Moe Lane

*Many things that are unethical, immoral, or just plain wrong are also ‘legal.’
***************************************************************************88
OK $2 million bucks, deferred compensation?
Axlerod should be indicted for this crap. There should be sufficient evidence and reasonable cause for DOJ to subpoena his records pertaining to this deal.

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Will be curious to see if the very UN-curious state-run media picks up this story. I’m gonna e-mail this to Rush, and I’m waiting for Drudge to pick this up. If Mark Levin was going to be on the air today, I’m sure he would pick this up.

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Hey, maybe we should use the left’s Rove hate tactics and demand to see Axelrod’s email, ya think? Also, most seem to missing the part in the article that Axelrod admits to working directly with the firm on “strategy and research” for the DNC — like the DNC’s “strategy and research” of Gov. Healthcare Takeover.

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This is just the latest scam to enrich Obama’s friends. There are so many others I have lost count.

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This is too funny. I doubt that President O’Dumbo knows one honest person, at least no honest person will ever associate with him. Even M.O. ripped the taxpayers off for millions. Now we know how a man without a job (ever) became worth in excess of $10 million.

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