Posts Tagged ‘campaign donations’

Obama Donors Dial Into Profits With the ObamaPhone

Posted by NosferatusCoffin | October 8th, 2012

This sure isn’t your father’s AT&T.

Or MCI.

Or Sprint.

Or even those old 1010 numbers.

No, this is just good old fashioned graft. Chicago and Obama-style.

And Now:

In Example 2,348,393 of “Why does this not surprise me?” (AKA “What have THEY done THIS time?”), comes word that there is quite a bit more to the ObamaPhone bribe then just a simple and obvious vote-buying gimmick in which to both entice potential Obama voters to the polls and also make complete and total idiots out of themselves on YouTube and other places. (Not that such people need all that much help with that, anyway)

From Free Beacon:

A wireless company profiting from the so-called “Obama phone” giveaway program is run by a prominent Democratic donor whose wife has raised more than $1.5 million for the president since 2007.

And this company is a well known one. TracFone. One who has benefited greatly from the Lifeline program. A program that was initally set up in 1986 to those who needed assistance is securing a landline telephone. Inevitably, it was expanded (as all government programs do genetically) and as cell phones started taking over the phone market over the past 15 years, coverage for that was added in 2008. Which of course, led to near-exponential growth in the program. From $772 million in 2008 to now over $1.6 billion in 2012.

As for the funny money portion of all of this? Well…

One of the major providers of the free cell phones—3.8 million subscribers as of late 2011—is Miami-based TracFone Wireless, a company whose president and CEO, Frederick “F.J.” Pollak, has donated at least $156,500 to Democratic candidates and committees this cycle, including at least $50,000 to the Obama campaign.

Pollak’s wife, Abigail, is a campaign bundler for Obama who has raised more than $632,000 for the president this cycle, and more than $1.5 million since 2007. She has personally contributed more than $200,000 to Democratic candidates and committees since 2008.

In addition to the Pollak’s hosting a $40,000=a-plate fundraiser for the Obamas as well being White House guests of the Obamas on at least two occasions, their company also gets more than just a little free publicity from the Lifeline program.

TracFone, a direct financial beneficiary of the Lifeline program, receives $10 a month for each subscriber in the form of federal subsidies. The company can make an additional profit selling extra minutes to Lifeline subscribers who exceed their monthly allowance of 250 prepaid minutes.

Considering that a new donor scandal seems to be popping up every other day with the Obama campaign, it sure does makes one wonder how many of these TracFone prepaid cards ended up in the Obama 2012 campaign coffers.