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No Elephants Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Dec-09-12 02:23 AM
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Obama Inaugural Panel to Take Unlimited Corporate Funds
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Obama Inaugural Panel to Take Unlimited Corporate Funds
By Hans Nichols on December 07, 2012

President Barack Obamas inaugural committee will accept unlimited donations from corporations and individuals, reversing his stance of four years ago.

After a presidential campaign that cost more than $2 billion in spending by candidates, political parties and political action committees, the inaugural committee is casting a wider net for contributions.

Our goal is to make sure that we will meet the fundraising requirements for this civic event after the most expensive presidential campaign in history, Addie Whisenant, spokeswoman for the Presidential Inaugural Committee, said in an e-mail.

The identities of all donors will be posted regularly on the committees website, she said. Lobbyists and political action committees wont be allowed to contribute. Corporations with outstanding loans from the Troubled Asset Relief Program also will be prohibited from making donations.


Shout out to victims of Hurricane Sandy.

Did a spokesperson for the Inaugural committee of a Democratic President actually brag about the most expensive Presidential campaign in history? And is that meant to imply that the re-election Inauguration should also be the most expensive in history?

On the bright side, I barely blink anymore when Obama reverses a previous stand.

Maybe they can use the 400 lb gingerbread houose for this occasion too as, you know, an economy measure.

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