Skip to comments.
WSJ: Obama Breaks Pledge on Inauguration Donations
newsmax ^
| today
| Jim Meyers
Posted on 01/09/2009 3:26:14 PM PST by jessduntno
WSJ: Obama Breaks Pledge on Inauguration Donations Friday, January 9, 2009 12:14 PM By: Jim Meyers
A full 90 percent of donations to fund Barack Obamas Jan. 20 inauguration have come from well-heeled fundraisers including Wall Street executives whose companies have received federal bailout money.
A total of 207 fundraisers have collected $24.8 million of the $27.3 million in donations disclosed by Obama through Thursday, according to an analysis by Public Citizen commissioned by The Wall Street Journal.
Slightly more than 2,000 donors accounted for the $27.3 million raised, but 378 of those people each contributed the maximum $50,000 allowed by Obama, raising almost 70 percent of the total, or $18.9 million, the analysis found.
Wall Street employees have been the largest single source of private donations, and many of the contributions have been channeled through financial-services executives who have put together bundles of donations worth hundreds of thousands of dollars.
The preponderance of large donors and the fact that so many come from an industry receiving government handouts comes as the president-elect has sought to keep his inauguration free of special interests, The Journal observed.
Bundlers from the financial sector include executives from Citigroup Inc. and Goldman Sachs Group Inc., two firms that have accepted billions of dollars each in bailout money from the federal government.
Obamas presidential campaign smashed all previous fundraising records, raking in more than an astounding $650 million from some 3 million donors.
(Excerpt) Read more at newsmax.com ...
TOPICS: Politics/Elections
KEYWORDS: bhoinauguration; boughtandpaidfor; brokenpromises; bundling; campaignfinance; govwatch; inaguration; obama; obamasecrets; wallstreet
WSJ: Obama Breaks Pledge
I'm shocked...SHOCKED I tell you...
To: jessduntno
There is no need fer even the semblance of propriety anymore. The Dems control it all, and are incapable of corruption.
2
posted on
01/09/2009 3:28:41 PM PST
by
xcamel
(The urge to save humanity is always a false front for the urge to rule it. - H. L. Mencken)
To: jessduntno
The preponderance of large donors and the fact that so many come from an industry receiving government handouts comes as the president-elect has sought to keep his inauguration free of special interests, The Journal observed.DC is the new Chicago.
To: TheWasteLand
“DC is the new Chicago.”
Yes, but it is not the Chicago that I knew...
4
posted on
01/09/2009 3:34:03 PM PST
by
jessduntno
(Barack - Kenyan for "High Wind, Big Thunder, No Rain")
To: jessduntno
"...not the color of their skin but the content of their character."
Judgement: F A I L
5
posted on
01/09/2009 3:36:17 PM PST
by
Max in Utah
(A nation can survive its fools, and even the ambitious. But it cannot survive treason from within.)
To: jessduntno
WSJ: Obama Breaks Pledge on Inauguration DonationsGee, what a surprise.
6
posted on
01/09/2009 3:49:07 PM PST
by
DustyMoment
(FloriDUH - proud inventors of pregnant/hanging chads and judicide!!)
To: jessduntno
A full 90 percent of donations to fund Barack Obamas Jan. 20 inauguration have come from well-heeled fundraisers including Wall Street executives whose companies have received federal bailout money.
And this is supposed to be a 'surprise?'
If the Supreme Court doesn't act swiftly, each day of Barry O's reign will take months to years to straighten out by the next administration.
Or, we could just lose our Country to Socialism while former socialist Countries are turning to Capitalism. Go figure.
7
posted on
01/09/2009 4:05:48 PM PST
by
HighlyOpinionated
(YOU can get your own Bail Out . . .Dec 18 post at http://auntiecoosa.blogspot.com)
To: jessduntno
Obama Breaks Pledge on Inauguration Donations A corrupt democrat? You jest! Wonder how many more "pledges" (aka "lies up front") he will break and the MSM will just go "snicker snicker".
8
posted on
01/09/2009 4:05:56 PM PST
by
PistolPaknMama
(Al-Queda can recruit on college campuses but the US military can't! --FReeper airborne)
To: TheWasteLand
DC is the new Chicago. Wonder if they will give DC a Chicago zip code.
9
posted on
01/09/2009 4:06:56 PM PST
by
PistolPaknMama
(Al-Queda can recruit on college campuses but the US military can't! --FReeper airborne)
To: jessduntno
The media knew it was going to lose money if it did not win this election.
10
posted on
01/09/2009 4:19:24 PM PST
by
JudgemAll
(control freaks, their world & their problem with my gun and my protecting my private party)
To: jessduntno
Welcome to the United States of CHICAGO! LOL!
To: jessduntno
**A full 90 percent of donations to fund Barack Obamas Jan. 20 inauguration have come from well-heeled fundraisers including Wall Street executives whose companies have received federal bailout money. **
Uh-oh — what happened to “CHANGE”?
12
posted on
01/09/2009 6:45:37 PM PST
by
Salvation
( †With God all things are possible.†)
Disclaimer:
Opinions posted on Free Republic are those of the individual
posters and do not necessarily represent the opinion of Free Republic or its
management. All materials posted herein are protected by copyright law and the
exemption for fair use of copyrighted works.
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson