Taking Obama's Measure by Louis Proyect Book Review http://www.swans.com/library/art17/lproy66.html

Like Lapham and Roger Hodge, John R. MacArthur has little use for Obama, writing one excoriating article after another for the Harper's Web site or print publications like Obama: a Very Smooth Liar. In this piece, he observes: "The way things are going, Pakistan could become the new Cambodia and Obama the new Nixon." While Hodge's entire book is an eye-opener, it is chapter two that finds its target and scores a bull's eye. Titled "Barack Obama, Inc.," it documents the sleazy corporate ties of a politician who has fed at the trough during his entire career. Hodge writes: 

In a number of key legislative battles, Obama sent unmistakable signals that he was open for business. In 2006, for instance, he voted for enormous loan guarantees for energy companies, guarantees that exposed the government to billions of dollars in losses if those companies were ever to default on their obligations -- and that directly benefited Exelon, one of his most significant patrons. Following a controversy in Illinois over undisclosed leaks from nuclear plants, Obama made a great show of criticizing Exelon and introduced legislation mandating stricter disclosure laws. Later, during his presidential campaign, he bragged that the bill had become law; in fact, Obama had watered down his own bill after meeting with Exelon's representatives.