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Re: Regulations

By: clo in ALEA | Recommend this post (0)
Mon, 19 Sep 11 5:18 PM | 34 view(s)
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Msg. 05866 of 54959
(This msg. is a reply to 05865 by Cactus Flower)

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IMO, his fatal mistake was not going after the people that took our economy down.

Obama couldn't "shape" election funding after he went against HIS promise to accept government matching funds for his.
After he did that I was very wary of any of his "promises"...
Now, this election he's counting on having a BILLION DOLLARS. IMO that is OBSCENE! clo

CNSNews.com) – Both President Barack Obama and first lady Michelle Obama chose to donate $3 each through their 2010 tax returns to help pay for government financing of elections. But as a presidential candidate in 2008, Obama declined to take such financing himself.

The public election financing, known as the Presidential Election Campaign fund, was created by Congress in 1971 as a limit on the amount candidates may spend on presidential elections. It provides a maximum amount -- $84 million in 2008 – to candidates who agree to make it their only source of funding.

In 2008, despite repeated promises to the contrary, Obama refused to tap the fund, electing instead to finance his campaign entirely with private and corporate donations. He raised approximately $745 million in the process.

Obama was the first presidential candidate in history to refuse the federal funds for his general election campaign. 
His opponent, Sen. John McCain (R-Ariz.), became the second when he followed Obama’s lead

for complete:
http://www.cnsnews.com/news/article/obama-donates-public-funding-campaigns-refused-it-himself




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The above is a reply to the following message:
Re: Regulations
By: Cactus Flower
in ALEA
Mon, 19 Sep 11 4:55 PM
Msg. 05865 of 54959

The fatal mistake he made (in my view) was not to shape the rules behind the funding of US elections as his first priority. There's strong support for that from the left and the Tea Party right.

Instead, we're locked into the plutocratic incumbency and we're going to need someone else with the popularity and the gumption to change it.

Otherwise, I suspect the idea of an America with an opportunity escalator will be an irrecoverable memory.


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