Richardson, Under Investigation for Possible Extortion, Bows Out as Commerce Secretary-Designate
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[Bill] Richardson, who is the governor of New Mexico, is facing a federal grand jury investigation into whether he exchanged government contracts for contributions to his failed presidential bid last year.

NBC News on Sunday reported that Richardson denies any wrongdoing but the investigation won't be finished before he has to go to a Senate confirmation hearing.

”Let me say unequivocally that I and my administration have acted properly in all matters and that this investigation will bear out that fact," Richardson told NBC News. "But I have concluded that the ongoing investigation also would have forced an untenable delay in the confirmation process…."

The Associated Press reported last month that a grand jury is investigating whether the California firm CDR Financial Products paid to push through a contract with the state of New Mexico.

Democratic strategist Mary Anne Marsh told FOX News that with the cloud lingering over the Obama transition because of Illinois Gov. Rod Blagojevich's alleged attempts to sell Obama's vacated Senate seat, the Richardson nomination would have been another unwanted distraction.

Richardson "was going to have a very difficult time getting through this nomination," Marsh said. "People really haven't looked at the Richardson situation and the more they looked at it, the more they realized" confirmation was going to be a problem.[Bill Richardson Withdraws as Commerce Secretary-Designate, Fox News, January 4, 2009]

There’s an unwritten political law, whereby an elected official is supposed to wait at least until he has been sworn in and enjoyed some honest graft, before having his first scandal. It is typical of the hubris of ”Barack Obama” to ignore such hard-won common sense.

And it is typical of the hubris of the socialist MSM that they really haven't looked at the ramifications of an ”Obama” presidency, because the more they would have looked at it, the more they would have realized that it was going to be going to be a problem.

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