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Originally posted by ProfEmeritus
reply to post by CuriousSkeptic
This nothing but comfortable people fearing they'll lose their comfort.
Maybe we can have a contest on ATS, and see if anyone can figure out what that babbling sentence you wrote means.
Aug. 15 (Bloomberg) -- Two firms that received $343.3 million to handle advertising for Barack Obama’s White House run last year have profited from his top priority as president by taking on his push for health-care overhaul.
One is AKPD Message and Media, the Chicago-based firm headed by David Axelrod until he left last Dec. 31 to serve as a senior adviser to the president. Axelrod was Obama’s top campaign strategist and is now helping sell the health-care plan. The other firm is Washington-based GMMB Campaign Group, where partner Jim Margolis was also an Obama strategist.
This year, AKPD and GMMB received $12 million in advertising business from Healthy Economy Now, a coalition that includes the Washington-based Pharmaceutical Research & Manufacturers of America, known as PhRMA, that is seeking to build support for a health-care overhaul, said the coalition’s spokesman, Jeremy Van Ess.
Hiring Obama’s campaign advisers makes sense, said Julius Hobson, a senior policy adviser in the Washington office of the St. Louis-based law firm, Bryan Cave LLP.
“If you’re in support of the president, then you use the people he used,” said Hobson, 61, who teaches a graduate course in lobbying at George Washington University in Washington.
HEN’s other members, according to its Web site, are the AARP, the biggest advocacy organization for retirees; the Advanced Medical Technology Association; the Business Roundtable; Families USA; the Service Employees International Union, all based in Washington, and the American Medical Association based in Chicago. PhRMA represents 28 drugmakers, including New York-based Pfizer Inc. and London-based GlaxoSmithKline Plc.
Larry Grisolano, a partner at AKPD, said his firm and GMMB are splitting the fees on the $12 million campaign, though neither firm would specify its take. In an e-mail, Margolis declined to comment.
Grisolano said an interview that the firm’s history with Obama made it “kind of a logical place to go” for the health- plan ad work.
Axelrod was president and sole shareholder of AKPD from 1985 until he sold his interest after Obama’s victory, government records show. The firm owes Axelrod $2 million, which it’s due to pay in installments beginning Dec. 31. Axelrod’s son, Michael, still works there. He didn’t return a phone call. The firm’s Web site continues to feature David Axelrod’s work on the Obama campaign.