Obama to Address $50k Per Plate Organizing For Action Event

President Barack Obama is scheduled to address high dollar Democratic donors on Wednesday night at a Organizing For Action (OFA) founder's summit dinner at the St. Regis Hotel, an event that is part of a two day OFA conference. A contribution form for the dinner indicates that access for the two-day conference cost $50,000 per ticket, according to the Associated Press.

White House Press Secretary Jay Carney denied that there is a price tag to meet with the president, telling reporters on Monday that "any notion, as we've talked about, that there is a price set for a meeting with the president is absurd and wrong." 

Carney told reporters that Obama "periodically" meets with OFA members and compared the group to other organizations advocating for particular public policies. 

Other speakers scheduled to make remarks at the conference are OFA chairman Jim Messina, a former White House aide who served as campaign manager for Obama's re-election; David Plouffe, a former White House senior adviser and Obama's 2008 campaign manager; and Jon Carson, a former White House official and the group's executive director.

Organizing For Action acts as the president's outside campaign arm and raises millions of dollars for Obama's political initiatives like gun control and immigration.  


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The past several months have seen the price of gold slump even as the Fed and other central banks have accelerated their massive expansion of paper money. Gold is off about 20% so far this year with silver down almost 30%. The old adage--“don’t fight the Fed”--particularly comes to mind now because the US equity markets have been setting new highs during this same period. All of these gains are nominal, you understand, but for terrified American policy makers and investors, nominal is just fine.

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