EVE...:

In '05 Investing, Obama Took Same Path as Donors (MIKE McINTIRE and CHRISTOPHER DREW, 3/07/07, NY Times)

Less than two months after ascending to the United States Senate, Barack Obama bought more than $50,000 worth of stock in two speculative companies whose major investors included some of his biggest political donors.

One of the companies was a biotech concern that was starting to develop a drug to treat avian flu. In March 2005, two weeks after buying about $5,000 of its shares, Mr. Obama took the lead in a legislative push for more federal spending to battle the disease.

The most recent financial disclosure form for Mr. Obama, an Illinois Democrat, also shows that he bought more than $50,000 in stock in a satellite communications business whose principal backers include four friends and donors who had raised more than $150,000 for his political committees.

If guys like him can't cash in on political power then why would anyone who's never done anything productive with their life choose politics as a career?

Posted by Orrin Judd at March 7, 2007 10:55 AM