Obama gave Common Core contract to publisher, got $65-million book deal in return?

Obama corrupt?  See for yourself.  Remember, at the urging of Bill gates, Barack mandated that government schools ONLY use Common Core as the curriculum, even though it was never test piloted to see if it works.  Today, we are graduating functional illiterates and low quality students.  But, there was money to be made in the long term.

“According to Investment Watch (IWB), something doesn’t quite look right.

Obama gave Pearson Publishing $350 million to create Commoncore text and Pearson gave Obama a $65 million dollar book deal in return.

…and…

Pearson Publishing was paid for Commoncore but Penguin Random House Publishing did the Obama book deal. But there is commonality with the two:

From Wiki:

Penguin Random House was formed on July 1, 2013, upon the completion of a £2.4 billion transaction between Bertelsmann and Pearson to merge their respective trade publishing companies, Random House and Penguin Group. Bertelsmann and Pearson, the parent companies, owning 53% and 47%, respectively.

In July 2017, Pearson agreed to sell a 22% stake in the business to Bertelsmann, thereby retaining a 25% holding.

That sounds like a classic bribe.  You give me this big contract, and I’ll kick back some to you at a later date.  Chicago Way.  The book cash flowed to Obama in 2017.  Pearson, incidentally, seemed to lose money anyway, given the public distaste for Obama’s federal takeover of education via Common Core, which extended to states cutting the program.

President Trump complained about the apparent quid pro quo last summer

He also created a political problem for Netflix, “fixed” it—and now is getting millions from them for a production company.

Corrupt?  You bet this smells worse than dead fish.

Obama gave Common Core contract to publisher, got $65-million book deal in return?

By Monica Showalter, American Thinker,  12/9/19 

As far-left Democrats yell about bribery and high crimes and misdemeanors, let’s turn to their own side of the aisle, starting with the once penniless President Obama, who left public office a very, very rich man.

He just bought a Martha’s Vineyard mansion for a cool $11.75 million, which is in addition to his Kalorama lookout post, his Chicago home, and possibly a Hawaii spread.  At some point, you’ve made enough…but not him.

Ostensibly, it’s mainly the work of his book deals.  No bribery there, right?

Well, ahem…

According to Investment Watch (IWB), something doesn’t quite look right.

Obama gave Pearson Publishing $350 million to create Commoncore text and Pearson gave Obama a $65 million dollar book deal in return.

…and…

Pearson Publishing was paid for Commoncore but Penguin Random House Publishing did the Obama book deal. But there is commonality with the two:

From Wiki:

Penguin Random House was formed on July 1, 2013, upon the completion of a £2.4 billion transaction between Bertelsmann and Pearson to merge their respective trade publishing companies, Random House and Penguin Group. Bertelsmann and Pearson, the parent companies, owning 53% and 47%, respectively.

In July 2017, Pearson agreed to sell a 22% stake in the business to Bertelsmann, thereby retaining a 25% holding.

That sounds like a classic bribe.  You give me this big contract, and I’ll kick back some to you at a later date.  Chicago Way.  The book cash flowed to Obama in 2017.  Pearson, incidentally, seemed to lose money anyway, given the public distaste for Obama’s federal takeover of education via Common Core, which extended to states cutting the program.

President Trump complained about the apparent quid pro quo last summer

It’s not the first time Obama has done things like this, either.  IWB notes that Obama’s net neutrality stance benefited Netflix, and surprise, surprise, he got a lucrative deal with Netflix, too.

One hand washes the other.

Book deals, incidentally, have been some pretty spectacular avenues for bribery based on their apparent deniability.  Here’s a famous one from Russia in 1997 that rocked the Russian political landscape:

Ethical questions were raised this week when a Russian reporter revealed that Mr. Chubais and his collaborators had accepted $90,000 each for writing a monograph on the history of privatization. The publisher, Segodnya Press, is owned by Oneksimbank, a powerful financial institution that recently won a series of coveted auctions of state property.

Chubais is Anatoly Chubais, former Russian finance minister and famed Russian “reformer,” who apparently reformed his bankbook, too.  He was in tight with Democrats, particularly John Podesta, and might have been the role model or maybe the guy who gave Democrats the ideas about how useful the publishers could be.

Here’s what Chubais might have taught them:

In the middle of these seven circles of hell stood Anatoly Chubais. He was in the middle of Russia’s privatization effort which saw huge state assets sold for pennies on the dollar to oligarchs while Russian citizens were completely cheated of the shares they were promised, either through devaluation, fire-sale desperate unloading to raise cash (remember, many were starving), intransparent transactions, and sometimes disinformation and thuggery: False dates and places for sales were announced to conceal real ones. Thug vehicles sometimes blocked roads so no one could line up to buy the shares they were entitled to. It was that bad. Once again, Chubais was in the middle of it.

Chubais got  snared in a bribery scandal of Clintonian character — he was given a $90,000 book advance (huge sum in Russia at the time)  paid for by a murkily backed publisher (sound familiar?) which looked a lot like a disguised bribe or payoff. That caused a scandal and got him booted from his position as finance minister. He continued to tool around in cronyish business deals and retained the good opinion of Harvard as a ‘reformer,’ which was quite a node of Clinton loyalists — Larry Summers, being one, John Podesta being on friendly terms with the crowd, too, by making speeches there.

Book deals.  The way to get rich upon leaving public office, just as congressional insiders make themselves rich in public office by trading on insider information, as described by Peter Schweizer in Throw Them All Out.”

There are a hundred ways to Sunday for politicians to get rich both in and out of public office.  As the Democrat House now focuses on impeaching President Trump, their hypocrisy is pretty glaring.  Obama’s book deals are what need investigating, not President Trump’s bid to halt corruption in Ukraine.

About Stephen Frank

Stephen Frank is the publisher and editor of California Political News and Views. He speaks all over California and appears as a guest on several radio shows each week. He has also served as a guest host on radio talk shows. He is a fulltime political consultant.

Comments

  1. Ah the Great Black Hope. On the take? Oh no, say it isn’t so.

    But then again how does a school nurse who was living on modest UC retirement/school district retirement, leave the House of Representatives as a millionaire many times over? (answer that Lois Capps). Oh and did you know her daughter is living high on a salary from a non-profit that mysteriously was funded while mommy was in office?

    That is just one of many examples.

    Barry how dare you? But then again the house on the Cape he just bought had to be paid some how.

  2. Obummer, the main reason we are where we are today.
    Corruption in the fast lane for eight long years!! Starting on Day One.

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