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Thursday, March 08, 2007
Obama’s Closet Cleaning
by Cordeiro
I guess one always has to start somewhere. Every presidential candidate is going to have the press digging through their financial records. Some will merit more scrutiny than others. Barak Obama is already learning this as the New York Times launched the first salvo in what will no doubt be a very long campaign cycle.

The New York Times picked this low hanging fruit story because it didn’t take much digging. Obama bought some stock in companies which had business before committees he sat on. If these companies were major market players, it could be written off as a rookie mistake, however:
the stock purchases raise questions about how he could unwittingly come to invest in two relatively obscure companies, whose backers happen to include generous contributors to his political committees.
This story will fester for awhile.

So Obama has evidently now decided to start cleaning out some of the skeletons currently residing in his closet. Two weeks before he launched his presidential campaign, he paid $375 to clear up 17 outstanding parking tickets he owed to the city of Cambridge. That’s a lot of cash for parking tickets until you consider the fact the tickets were issued from 1988-1991 – years when Obama was a Harvard Law student.

Obama’s spokesbabe Jen Psaki said Obama’s situation wasn’t unique:
Many people have parking tickets and late fees. All the parking tickets and late fees were paid in full.
Yes, Jen, some people have parking tickets and late fees. Few people have 18 year old parking tickets they just now are getting around to paying for.

What’s next? Will Obama pay overdue book fees from grade school?

Here endeth the lesson.
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