Sunday, May 13, 2007

Obama in a pickle over wife's Walmart $$$

Michelle Obama has been hailed as a valuable asset to her husband's campaign:

But she has just been re-elected to the board of an Illinois food-processing company, a position she took up two years ago to gain experience of the private sector.

And the biggest customer for the pickles and peppers produced by Treehouse Foods is the retail giant Wal-Mart, the world's largest corporation and the bĂȘte noire of American liberals, including Sen Obama, for its employment practices, most notably its refusal to recognise trade unions.

As the Illinois senator prepared to join the presidential fray late last year, he threw his weight behind the union-backed campaign against Wal-Mart. He declared that there was a "moral responsibility to stand up and fight" the company and "force them to examine their own corporate values".

According to the couple's tax returns, Mrs Obama earned $51,200 (£25,700) for her work as a non-executive director on Treehouse's board last year, on top of the $271,618 salary she was paid as a vice-president of the University of Chicago Hospitals. She also received 7,500 Treehouse stock options, worth a further $72,375, as she did the previous year, when she banked a $45,000 salary from the company.

Perhaps that "forcing them to examine their own values" should begin at home? Hmmm?

The article goes on to say that this is "being closely scrutinized by opposition research teams working for rival candidates for the White House."

My money is on the team for a certain blonde Senator from NY on this one.