During the years that Senator Joseph R. Biden Jr. was helping the credit card industry win passage of a law making it harder for consumers to file for bankruptcy protection, his son had a consulting agreement that lasted five years with one of the largest companies pushing for the changes, aides to Senator Barack Obama’s presidential campaign acknowledged Sunday.
Mr. Biden’s son, Hunter, received consulting fees from the MBNA Corporation from 2001 to 2005 for work on online banking issues. Aides to Mr. Obama, who chose Mr. Biden as his vice-presidential running mate on Saturday, would not say how much the younger Mr. Biden, who works as both a lawyer and lobbyist in Washington, had received, though a company official had once described him as having a $100,000 a year retainer. But Obama aides said he had never lobbied for MBNA and that there was nothing improper about the payments.
Let me explain something to you all. In my line of work, we constantly look for potential conflicts of interest. Even the ILLUSION of a conflict of interest will steer a project in a different direct in the interest of fairness.
Now, here we have a Senator's son pushing for a change that his employer wants, and the Senator supports it, screwing ordinary Americans who may be facing bankruptcy? Does anyone else see the conflict of interest here?
What's worse, is that Obama opposed this legislation that Biden supported. There seems to be a lot of issues that Obama and Biden seem to disagree on. If that's the case, what happens if Obama is out of the picture? Illness, resignation, or assassination are all legitimate concerns, and I can't see how Obama came to the conclusion that Biden was a good choice other than he get's lippy when it comes to people who attack him.
Looks like we're in for a fireworks show.
Travis
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