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Democratic National Committee: No corporate cash for convention [View All]

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UrbScotty Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Feb-04-11 05:15 PM
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Democratic National Committee: No corporate cash for convention
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Source: Politico

For the first time ever, the Democratic National Convention will not accept donations from corporations, PACs or federal lobbyists in 2012.

Individual contributions also will be capped another first at $100,000, according to the contract governing the convention.

Democrats say the policy is in keeping with the fundraising focus that powered President Barack Obamas 2008 campaign.

From the very beginning, President Obama has placed a high priority on increasing the influence of grassroots and individual donors, and this convention will go further in that direction than any convention ever, Democratic National Committee spokesman Brad Woodhouse said

Read more: http://www.politico.com/news/stories/0211/48891.html#ix...



It's a good start. What we really need is for EVERY elected official and candidate who calls themself a Democrat to reject corporate money as well.

Oh, and publicly funded campaigns.
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