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(s)Elections
See other (s)Elections Articles

Title: Obama won’t accept public financing
Source: [None]
URL Source: http://thehill.com/campaign-2008/ob ... lic-financing-2008-06-19.html
Published: Jun 19, 2008
Author: Sam Youngman
Post Date: 2008-06-19 09:53:19 by christine
Keywords: None
Views: 175
Comments: 8

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.

“The public financing of presidential elections, as it exists today, is broken, and we face opponents who have become masters at gaming this broken system,” Obama said, adding that his was an “easy decision” for him.

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.

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#1. To: christine (#0)

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.

Sad that most people will read this part and it will be meaningless to them.

We are seeing a quarter of a BILLION dollars being spent for ONE man seeking to be President of the United States. One person out of 330 million people.

The unspoken and unwritten part is from whence came such lavish giving?????

Cynicom  posted on  2008-06-19   9:59:08 ET  Reply   Trace   Private Reply  


#2. To: Cynicom (#1)

Oh man, it wuz da homeys in da hood what sent all dat money. Obama didn't eben have to ax, dey wuz all up in dere wid de jack cuz dey doan be likin' whitey much and dey know Obama and his ol' ugly shrew be down wid it.

Liberty is not a means to a higher political end. It is itself the highest political end.
Lord Acton

James Deffenbach  posted on  2008-06-19   12:50:54 ET  Reply   Trace   Private Reply  


#3. To: James Deffenbach (#2)

This election process has become obscene to the extreme and people are totally unconcerned about it.

One solitary runner from day one has had zero concern about money, that is Obama. Money has flowed in without begging, rather odd seeing as his base is the poorest segment of American society.

Cynicom  posted on  2008-06-19   12:57:33 ET  Reply   Trace   Private Reply  


#4. To: Cynicom (#3)

Is the man not getting about 125% of the black vote? Of course they will have to up that figure some because there are heaps of "bitter people holding on to their religion and guns" who won't vote for him (just as many of them won't for McCain).

Liberty is not a means to a higher political end. It is itself the highest political end.
Lord Acton

James Deffenbach  posted on  2008-06-19   12:59:42 ET  Reply   Trace   Private Reply  


#5. To: James Deffenbach (#4)

Is the man not getting about 125% of the black vote?

It is racism to even think about blacks voting en masse for a black.

Take their vote, add partisan dems and votes of white guilters, Obama just might "win".

Myself I think Obama should be paying attention to what the scruds behind the curtain are planning.

Cynicom  posted on  2008-06-19   13:04:41 ET  Reply   Trace   Private Reply  


#6. To: Cynicom (#5)

Take their vote, add partisan dems and votes of white guilters, Obama just might "win".

Yeah, he just might. Of course no matter which of those eftards "wins," America will lose. It has been designed that way.

Liberty is not a means to a higher political end. It is itself the highest political end.
Lord Acton

James Deffenbach  posted on  2008-06-19   13:28:49 ET  Reply   Trace   Private Reply  


#7. To: James Deffenbach (#6)

The Boy Scout motto is more timely than ever: Be Prepared

(stocking up on ammo)

“The best and first guarantor of our neutrality and our independent existence is the defensive will of the people…and the proverbial marksmanship of the Swiss shooter. Each soldier a good marksman! Each shot a hit!” Schweizerische Schutzenseitunt (Swiss Shooting Federation) April, 1941

X-15  posted on  2008-06-19   13:35:00 ET  Reply   Trace   Private Reply  


#8. To: X-15 (#7)

The Boy Scout motto is more timely than ever: Be Prepared

(stocking up on ammo)

That is always the wise thing to do. As the Jargonizer would have it, "Hope for the okiday and prepare for the bombad."

Liberty is not a means to a higher political end. It is itself the highest political end.
Lord Acton

James Deffenbach  posted on  2008-06-19   13:36:39 ET  Reply   Trace   Private Reply  


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