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Obama Lies about Campaign Finances 90% are $25-50 [View All]

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Home » Discuss » Archives » General Discussion: Presidential (Through Nov 2009) Donate to DU
MojoMojoMojo Donating Member (579 posts) Send PM | Profile | Ignore Thu Feb-28-08 03:28 AM
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Obama Lies about Campaign Finances 90% are $25-50
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Obama takes almost as much Corporate funding as Hillary,but he implies that he takes none.Now hes the frontrunner he probably takes more corporate funding than Hillary.
Last night he lied about the percentage of small donations which have been made to his campaign.
The Federal Election Commission figures are nothing like Obama states.
He gets around 70% from big business.
This statement is a lie."We have now raised 90 percent of our donations from small donors, $25, $50."


Presidential Campaign Finance
Through 01/31/2008
Contributions
Individual $137,431,938
PAC $25
Party $0
Candidate $0
Transfers-In $0
Disbursements $113,291,436
Cash On Hand $24,940,159
Size of Donations
$200 and Under $47,323,742
$200.01 - $499 $10,452,546
$500 - $999 $11,440,957
$1000 - $1999 $21,130,641
$2000 and Over $49,472,185

http://www.iht.com/articles/2008/02/27/america/26textde...
"Now what I want to point out, though, more broadly is how we have approached this campaign. I said very early on I would not take PAC money. I would not take money from federal-registered lobbyists. That -- that was a multimillion-dollar decision but it was the right thing to do and the reason we were able to do that was because I had confidence that the American people, if they were motivated, would in fact finance the campaign.
We have now raised 90 percent of our donations from small donors, $25, $50. We average -- our average donation is $109 so we have built the kind of organization that is funded by the American people that is exactly the goal and the aim of everybody who's interested in good government and politics supports."
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