UNDERNEWS

Undernews is the online report of the Progressive Review, edited by Sam Smith, who has covered Washington during all or part of one quarter of America's presidencies and edited alternative journals since 1964. The Review has been on the web since 1995. See main page for full contents

April 5, 2009

OBAMA ADVISERS GOT BIG MEDIA BUCKS DURING CAMPAIGN

Washington Post - Some of President Obama's top economic advisers were paid, in some cases handsomely, for their commentaries in 2008 about tax policy, government bailouts of financial institutions, global trade and the economic recession, according to financial disclosure forms made public by the White House late Friday.

Four White House economic aides, including National Economic Council Director Lawrence H. Summers, received thousands of dollars in payments for newspaper opinion columns or cable television appearances, the documents show. The officials received income for their commentaries before joining Obama's administration in January. Yet at the same time that some were advising Obama's presidential campaign, they were being paid by news organizations, in some cases for commentating on President George W. Bush's economic policies or advocating for policies that Obama supported on the campaign trail.

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