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Richardson withdraws bid to be commerce secretary

January 4th, 2009 . by TexasFred

Richardson withdraws bid to be commerce secretary

WASHINGTON (AP) – New Mexico Gov. Bill Richardson on Sunday announced that he was withdrawing his nomination to be President-elect Barack Obama’s commerce secretary amid a grand jury investigation into how some of his political donors won a lucrative state contract.

Richardson’s withdrawal was the first disruption of Obama’s Cabinet process and the second “pay-to-play” investigation that has touched Obama’s transition to the presidency. The president-elect has remained above the fray in both the case of arrested Illinois Gov. Rod Blagojevich and the New Mexico case.

A federal grand jury is investigating how a California company that contributed to Richardson’s political activities won a New Mexico transportation contract worth more than $1 million. Richardson said in a statement issued by the Obama transition office that the investigation could take weeks or months but expressed confidence it will show he and his administration acted properly.

“I have concluded that the ongoing investigation also would have forced an untenable delay in the confirmation process,” Richardson said. “Given the gravity of the economic situation the nation is facing, I could not in good conscience ask the president-elect and his administration to delay for one day the important work that needs to be done.”

Full Story Here:
Richardson withdraws bid to be commerce secretary

Unlike some, I am not going to label this as *rats and a sinking ship*, not yet. The Obamanation isn’t sinking, he’s just looking like he’s made a few bad choices and has a few friends he shouldn’t have. You KNOW that’s how the DNC is going to spin it!

Pay to play, I like that phrase. You start with Illinois Gov. Rod Blagojevich and his attempt to SELL the senate seat that Obama is vacating, now Richardson and his investigation. Maybe politics doesn’t pay as much as it should. Maybe the guys are just trying to supplement their income in these tough financial times. Yeah, that it, supplemental income…

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