Posted on 12/07/2012 10:28:58 AM PST by ColdOne
But the sources say the new decision is driven by pragmatism: The president and his team just wrapped up the most expensive campaign in history with costs topping $1 billion and theyve determined that their donors are simply tapped out.
The cost of an Inauguration can run into the tens of millions. Obama spent $47 million in 2009. And raising that in a matter of six weeks is too difficult without throwing open the flood gates, said the sources, who spoke on condition of anonymity.
The inaugural fundraising team will be screening each corporate donation. Those determined to pose a conflict of interest will be returned. For example, any company that still owes stimulus money or is vying for a big federal contact may be excluded.
The sources said that like last time, the committee will not accept money from lobbyists or PACs. And they said the identity of all contributors and the amounts they give will be disclosed regularly on the committee website.
(Excerpt) Read more at politico.com ...
Why not take contributions from corportations
Obama and Boehber are both cut from the same cloth in that they are corporate lobbyists .
Now THIS is how you get that Obamacare waiver folks!
Please let me know which Corporations donate to this. I will do my best to never again give them business.
I need that information, too.
Donating companies will most likely eventually be taxed out of business.
First thing I thought of after reading this headline...please tell me who these companies are so I can save some $$$
Just a humble guess, but I doubt that he gets more than $10 million, and that won’t be enough to run much of a show.
The inaugural fundraising team will be screening each corporate donation. Those determined to pose a conflict of interest will be returned. For example, any company that still owes stimulus money or is vying for a big federal contact may be excluded.LOL haha! Those are the ones who will pay for it. It says MAY
The sources said that like last time, the committee will not accept money from lobbyists or PACs.Isn't this the same guy that said there would be no lobbiest in his administration? At last count he has about 40
And they said the identity of all contributors and the amounts they give will be disclosed regularly on the committee website.Yea, right. Sure they will. Maybe true, but leaving "some" out. Ya think he will list the millions from Soros, ACORN and MSNBC?
Let’s note which corporations are donating. I will do my damndest to not use their goods/products/services.
IIRC, this one is supposed to cost us 150 million
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