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Current Events => Archives => Politics => Election 2008 => Topic started by: Wretched Excess on June 19, 2008, 08:27:40 AM

Title: Obama Breaks Pledge, won’t accept public financing
Post by: Wretched Excess on June 19, 2008, 08:27:40 AM

no big surprise, but he just formally announced it this morning.  earlier in the primaries, before
he became the messiah, he had pledged to accept public financing, and not raise private funds,
which he condemned as subject to graft, corruption, and the ever present and totally evil, "special
interests".

mccain is going to get swamped.  obama can raise $40 million a month.  mccain, who is in all likelihood
going to accept public financing, is capped at $84 million for the election.

the identity of these mysterious "small donors" that make up his hundreds of millions of dollars in
campaign funds is completely unknown.  we don't know who they are, or what their motivation is. 

his private financing, the anonymity the people that have made up this mountain of money, and what
secret influence they may wield over him, would all make a fantastic campaign issue, if it wasn't for the
fact that the law that allow this anonymous pile of money is called . . . mccain-feingold.


Quote
Obama won’t accept public financing

Democratic presidential candidate Sen. Barack Obama (Ill.) announced Thursday morning that he will not accept public financing for the general election, a move that will give him a major advantage over Republican standard-bearer Sen. John McCain (Ariz.).

Obama, who called the current system broken, made the announcement via a web video that was sent out to his supporters and the media.

The Illinois senator, who has already shattered every fundraising record during the primary, said because Republicans accept money from lobbyists, and given the influence of outside 527 groups, he has decided not to accept the more than $84 million he would receive from public financing.

Republicans have foreshadowed their attacks on Obama’s decision, and they will likely seize on that decision to call the Illinois senator a hypocrite. Early in the campaign, the Democrat had indicated that he would accept public funding.

The move could open the door to a fundraising effort that will dwarf all previous campaigns. Through May, Obama had raised about $265 million dollars and the decision to not accept public funds will allow his maxed out primary donors to give $2,300 again. In addition, experts expect that the campaign will receive an additional shot in the arm from donors who supported Sen. Hillary Rodham Clinton (D-N.Y.).

Fundraising records show that Obama has received about a quarter of his money from individuals giving $2,000 or more.

link (http://thehill.com/campaign-2008/obama-wont-accept-public-financing-2008-06-19.html)
Title: Re: Obama Breaks Pledge, won’t accept public financing
Post by: Wretched Excess on June 19, 2008, 09:07:05 AM
updating with quotes.

Quote
"It's not an easy decision, and especially because I support a robust system of public financing of elections," he said. "But the public financing of presidential elections as it exists today is broken and we face opponents who've become masters at gaming this broken system."

more (http://www.reuters.com/articlePrint?articleId=USWAT00969520080619)

obama has become the master of the unadmitted contradiction.  he refuses to participate in something that he has "robust" support for.  but the system that he pledged to participate in just a few short months ago is now "borken", we "broke" it, and is is apparently all our fault that he is forced to break his sacred word.  if we weren't such criminals, he wouldn't have to break his word to his zombies.

Title: Re: Obama Breaks Pledge, won’t accept public financing
Post by: DixieBelle on June 19, 2008, 10:42:39 AM
f*ck.
I hope he gets ripped to shreds in the debates.
Title: Re: Obama Breaks Pledge, won’t accept public financing
Post by: Jim on June 19, 2008, 11:21:51 AM
updating with quotes.

Quote
"It's not an easy decision, and especially because I support a robust system of public financing of elections," he said. "But the public financing of presidential elections as it exists today is broken and we face opponents who've become masters at gaming this broken system."

more (http://www.reuters.com/articlePrint?articleId=USWAT00969520080619)

obama has become the master of the unadmitted contradiction.  he refuses to participate in something that he has "robust" support for.  but the system that he pledged to participate in just a few short months ago is now "borken", we "broke" it, and is is apparently all our fault that he is forced to break his sacred word.  if we weren't such criminals, he wouldn't have to break his word to his zombies.





MoveOn is a conservative deal ?   Who knew ?
Title: Re: Obama Breaks Pledge, won’t accept public financing
Post by: Tess Anderson on June 19, 2008, 07:44:37 PM
f*ck.
I hope he gets ripped to shreds in the debates.
Well, hell's bells, Dixie, first he'll have to stop running away from Juan's  debate challenges. If he does, he will.

Timeline on Barack hussein Obama and campaign financing, from Juan:
Quote
JUNE 2006: Barack Obama Says "I Strongly Support Public Financing."

JANUARY 2007: Barack Obama Says "I'm A Big Believer In Public Financing" And "The Presidential Public Financing System Works."

FEBRUARY 2007: Barack Obama Petitions The FEC To Clear Way For Deal To Preserve Public Financing For the General Election, Pledging To Do So If He Is The Nominee.

· McCain And Obama Agree To Preserve The Public Financing System. "Senator John McCain joined Senator Barack Obama on Thursday in promising to accept a novel fund-raising truce if each man wins his party's presidential nomination.

MARCH 2007: Obama Spokesman Bill Burton Said Barack Obama "Will Aggressively Pursue An Agreement" On Public Financing.

NOVEMBER 2007: In Response To A Midwest Democracy Network Questionnaire, Barack Obama Said He Would Accept Public Funding In The General Election.

FEBRUARY 2008: Barack Obama Writes An Op-Ed In USA Today Stating That He Would "Aggressively Pursue" An Agreement With The Republican Nominee Guaranteeing "A Publicly Funded General Election In 2008 With Real Spending Limits."

FEBRUARY 2008: Barack Obama Says "I Will Sit Down With John McCain" To Address Public Financing

APRIL 2008: ABC News' Jake Tapper Reports That Barack Obama Is Previewing Arguments To Opt Out Of The Public Financing System

JUNE 2008: Barack Obama Tells The USA Today That He Would Pursue A Public Financing Agreement With John McCain.

JUNE 2008: Barack Obama Has Declined Public Financing In The General Election, Calling It A "Broken System." 


He don't need no stinkin' public funds, he's got all that Soros money coming in...first major presidential candidate to refuse public funding since Watergate.


 :o
Title: Re: Obama Breaks Pledge, won’t accept public financing
Post by: Wretched Excess on June 19, 2008, 09:55:35 PM

with the $250 million that he is likely to raise for the general election (a number I frequently see tossed around), and the $100+ million the organizations like moveon will toss in . . . in 2004, GWB won with around 60,000,000 votes . . . (bear with me) . . . .  I think that comes to something on the order of $6 per vote. 

we are sooooooo going to get drowned in this election.