The Audacity of Hope Barack Obama's Book Deal

We’re tired of the national lovefest for Barack Obama that is currently underway. It seems that Senator Obama, barely halfway through his first term in the U.S. Senate, can do no wrong — and the divalicious Hillary Clinton, the fabulous former first lady who also has a complete (and highly successful) Senate term under the belt of her pantsuit, can do no right.
Everybody loves Barack. The 2008 election has turned into a run for class president, Barack is the “Cool Kid,” and Hillary is the nerd — the Tracy Flick character from Election.
Lawyers seems to love Obama, especially young, starry-eyed law firm associates. But general counsels have a weakness for him too, as reported today in Corporate Counsel:

The nation’s best-paid general counsel have a clear favorite in the presidential race: Barack Obama. In the run-up to the primary season, the Illinois senator received more money from the in-house legal elite than any other candidate….

A total of 29 GCs in the top 100 have contributed to a presidential candidate so far (five gave to more than one campaign). Eight legal chiefs gave Obama a total of $20,600; Hillary Clinton raised $14,500 from six; and Christopher Dodd netted $13,000 from eight.

And publishers like to throw money at Obama too. From a post over the weekend at Boston Now:

[P]residential candidate Barack “No Experience” Obama apparently has no program for reducing foreign corporate control of the U.S. book publishing industry and other U.S. media industries.

One reason Obama might not want to propose that U.S. anti-trust laws be enforced against German media conglomerates like Bertelsmann AG is that between Election Day 2004 and his swearing in as a Senator, Obama was given a $1.7 million two-book contract by the Random House/Crown Publishers/Alfred Knopf subsidiary division of Bertelsmann AG. By signing his lucrative book contract with the German media conglomerate’s U.S. subsidiary before taking office, Obama did not fall under various requirements for disclosure and reporting that applies to members of Congress who accept money from U.S. media conglomerates.

We could offer some snarky quip, but will refrain. Senator Obama complied with all applicable legal and ethical rules. His deal was brokered by Robert Barnett of Williams & Connolly, the D.C. superlawyer who brokered a similar book deal for Hillary Clinton, also hammered out right before she took office.
And Hillary is our girl. If loving her is wrong, we don’t want to be right.
Update: This video, in which HRC gets a bit choked up, is awesome. She’s the most effective politically when she’s the most personal. Remember how her political career was launched, after she was humanized as the wronged woman in L’Affaire Lewinsky?
Further Update: In the comments, some of you suggest that this post would be more appropriate for our personal blog. Thanks for the unsolicited advice, which we have taken.
We offer additional thoughts about Hillary, Obama, and the amazing video clip, in this post on our personal blog. The post’s title: “Could this be Hillary’s anti-Scream, her anti-Macaca moment? Could this video clip save her faltering campaign?”
The GCs’ Choice: Obama [Corporate Counsel]
Obama’s $1.7 Million Book Contract [Boston Now]

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