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The White House's nominee for Director of the Central Intelligence Agency, Leon Panetta, has earned more than $700,000 in speaking and consulting fees since the beginning of 2008, with some of the payments coming from troubled financial firms and from a firm that invests in contractors for federal national security agencies, according to financial disclosures released Wednesday.
Mr. Panetta's forms show that he performed government affairs consulting last year and also sat on the board of a public affairs firm that lobbies Congress. Like Mr. Daschle, who also worked for a firm with lobbying clients, Mr. Panetta doesn't violate Mr. Obama's ban on hiring registered lobbyists.
Originally posted by deepred
Panetta should disclose whether he advised or had any interaction with Fleishman-Hillard clients with ties to U.S. intelligence operations, said Melanie Sloan, executive director of Citizens for Responsibility and Ethics in Washington, a watchdog group.
If he did and is confirmed as CIA director, “he should be recused from those matters” that involved those clients, she said. .....
Panetta also should give the details behind his honorarium from Carlyle Group because of the firm’s work with defense and intelligence agencies, Sloan said. “If he’s going to be indebted to Carlyle in any way, that’s troubling,” she said
Hundreds of thousands of dollars in consulting and speaking fees from companies and the defense firm Carlyle Group could provoke a bumpy ride for President Obama’s choice to head the Central Intelligence Agency, former Clinton White House chief of staff Leon Panetta. The Senate Intelligence Committee is to consider his nomination at 2:30 p.m. Feb. 5.
A disclosure statement filed with the Office of Government Ethics details paid positions on a number of corporate boards, including BP Corp., and speaking fees from Merrill Lynch and Wachovia. Altogether, Panetta reported $1.2 million in 2008 income from clients, companies and investments. His assets could be worth up to $3.7 million.
In April 1985 Panetta joined with 13 of his leftist congressional colleagues — including Ron Dellums, Don Edwards, George Miller, Christopher Dodd, and Les Aspin — in sponsoring a 20th anniversary fund-raising gala for the pro-Marxist Institute for Policy Studies (IPS), which had been described by Brian Crozier, director of the London Institute for the Study of Conflict, as the "perfect intellectual front for Soviet activities which would be resisted if they were to originate openly from the KGB." The IPS was originally funded with millions of dollars from the Faberge perfume magnate and Communist Party member Samuel Rubin and his wife.
On April 30, 1987, Rep. Panetta cast a highly suspect vote for one who would direct our nation's top foreign intelligence agency. On that day, he was one of 183 members of the House to vote against the withdrawal of Most Favored Nation (MFN) status for communist Romania. Romania, at the time, was run by Nicolae Ceausescu, one of the most brutal dictators in the entire Soviet bloc.
Even the most unbiased of observers may legitimately ask: Why on Earth is an individual who helped negotiate the turnover of the Long Beach Naval Shipyard to the communist Chinese, thereby creating the threat to U.S. national security described in the Washington Times article by Rowan Scarborough and inserted into the Congressional Record by Rep. Solomon, being considered for a top position at one of our nation's most critical intelligence agencies?
Two senior Democrats, California Sen. Dianne Feinstein and West Virginia Sen. Jay Rockefeller, raised questions on Monday about Panetta's limited intelligence expertise after word leaked out that Panetta had been picked by Obama for CIA.
"I have the utmost respect for Leon Panetta," Obama told reporters when asked about the criticism of Panetta. "He brings extraordinary management skills, great political savvy, an impeccable record of integrity."
Originally posted by lernmore
How stupid to these individuals think we are?
Wait... don't answer that..