Tuesday, March 06, 2007

Obama the Outsider

Drudge reports:

Less than two months after ascending to the U.S. 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, the NYT will splash on Wednesday Page Ones.

The paper claims, according to newsroom sources: 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, Obama took the lead in a legislative push for more federal spending to battle the disease...

A spokesman for Obama says the senator did not know that he had invested in either company.

For a Washington outsider, Obama sure seems to know how to work the system. Alternatively, he's so rich he doesn't need to worry about which companies he's throwing 50k at. I'm not saying he's guilty, but this does look a mite suspicious.

Count on more stories of this nature to break Obama's momentum in time for Clinton's ascendancy to power. If he can stay free from any real scandal, he should be able to get the nod for the vice presidency. Not bad for a freshman

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