Thursday, March 8, 2007

Barack Market Crash

And here comes the Clinton opposition research team. What took you so long kids?

Page one of The New York Times had a solid piece of reporting about some oddly-timed and just plain odd investments Barack Obama made shortly after getting elected to the Senate.

The bottom line is this: He bought some significant amount of stock in a few obscure companies that had ties to some of his biggest political donors. Probably not illegal, but certainly has a stench of shoulda known better. This comes after the previous mini-uproar about his ties to an indicted developer who help Obama with his personal, ummm, finances. Not helping with the do-as-I-say-not-as-I-do problem, of course, is that Obama made ethics the hallmark of his early tenure in the Senate.

So what does all this mean? Chum in the water, I think.

Early oppo is like early money in the negative. Early money is like yeast, the saying goes, and brings more money. Early oppo like this, especially on PG1 of the Times, puts blood in the water. Reporters at the Chicago Trib, Washington Post, LA Times and, yes, even El Globo, are sitting around now wondering why they didn't have this, what other there might be there and where to take the story next.

And, no, paying off the parking tickets isn't going to help all that much.

Batten down the hatches, Team Hope, the sharks are coming.

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