red states rule
04-14-2008, 05:59 AM
So the "white knight" of liberalism takes blood money from evil pharmaceutical companies and greedy bankers? I am shocked, shocked to learn of such a thing!
I guess it proves what I've been saying all along. Liberals say one thing and do another when they think no one is paying attention. Too bad their followers are so easily fooled.
Obama's Switcheroo
April 11, 2008;
Barack Obama declared this week that he has created a "parallel public financing system." Come again? Let him explain: Under parallel public financing, "the American people decide if they want to support a campaign, they can get on the Internet and finance it."
Up to this moment, "public" financing has meant taking money from the federal government for the general Presidential election. Senator Obama's new system is public, because "the public" sends him the money.
Here's the translation: In November, Mr. Obama said he would accept public financing for the general campaign if John McCain committed to public funds. Now he doesn't want to be tied down by the spending limits attached to public funds. This is embarrassing. Solution: Call his Internet contributors a "parallel public financing" system.
What he is proposing sounds pretty much like what the system would look like if campaign-finance restrictions didn't exist. But they do exist, thanks to reformers like him. Shortly after the candidate made his remarks, a spokesman hurried to say it "was not a policy statement," but merely a description of the nature of his donor base. Barack Obama raised $40 million in the month of March – twice the $20 million Hillary Clinton's campaign took in. His totals are now more than $230 million.
Industry PACs may not give directly to his campaign, but employees of industries may do so, and many of his contributors have come from executives and their spouses. For example, Mr. Obama leads all candidates in donations from the pharmaceutical industry and commercial banks, among other industries. According to the Center for Responsive Politics, which tracks fundraising in elections, Mr. Obama has received $528,765 from people in the pharmaceutical industry and $1,380,108 from commercial banks. He comes in second to Mrs. Clinton in donations from lawyers with $13,690,170, just over a million shy of her total.
http://online.wsj.com/article/SB120787159467506509.html?mod=googlenews_wsj
I guess it proves what I've been saying all along. Liberals say one thing and do another when they think no one is paying attention. Too bad their followers are so easily fooled.
Obama's Switcheroo
April 11, 2008;
Barack Obama declared this week that he has created a "parallel public financing system." Come again? Let him explain: Under parallel public financing, "the American people decide if they want to support a campaign, they can get on the Internet and finance it."
Up to this moment, "public" financing has meant taking money from the federal government for the general Presidential election. Senator Obama's new system is public, because "the public" sends him the money.
Here's the translation: In November, Mr. Obama said he would accept public financing for the general campaign if John McCain committed to public funds. Now he doesn't want to be tied down by the spending limits attached to public funds. This is embarrassing. Solution: Call his Internet contributors a "parallel public financing" system.
What he is proposing sounds pretty much like what the system would look like if campaign-finance restrictions didn't exist. But they do exist, thanks to reformers like him. Shortly after the candidate made his remarks, a spokesman hurried to say it "was not a policy statement," but merely a description of the nature of his donor base. Barack Obama raised $40 million in the month of March – twice the $20 million Hillary Clinton's campaign took in. His totals are now more than $230 million.
Industry PACs may not give directly to his campaign, but employees of industries may do so, and many of his contributors have come from executives and their spouses. For example, Mr. Obama leads all candidates in donations from the pharmaceutical industry and commercial banks, among other industries. According to the Center for Responsive Politics, which tracks fundraising in elections, Mr. Obama has received $528,765 from people in the pharmaceutical industry and $1,380,108 from commercial banks. He comes in second to Mrs. Clinton in donations from lawyers with $13,690,170, just over a million shy of her total.
http://online.wsj.com/article/SB120787159467506509.html?mod=googlenews_wsj