Posted on 11/08/2008 3:46:41 AM PST by Recovering_Democrat
Though the campaign is over, President-elect Barack Obama is still soliciting contributions to help fund his move into the Oval Office, Politico reports.
The Obama team has created the Obama-Biden Transition Project, a non-profit corporation set up under section 501(c)(4) of the Internal Revenue Service code, to help supplement the $6.3 million he will receive in taxpayer funds.
Contributions of up to $5,000-per-person can be made to the non-profit, and a source close to the situation told Politico Obama will not accept contributions from lobbyists or corporations.
(Excerpt) Read more at elections.foxnews.com ...
What about oversight? Transparency? Accountability? Are these applicable to the transition? They should be, especially in light of Obama’s promise to ACORN to include them in the transition process.
How much did he have left over from the campaign? Wouldn’t some of that money have be used for the transition? Or is this just our first example of how he can’t plan fiscally for the future or himself or his nation?
seems he has found a way to launder money now.
This guy is gonna screw us all and hopefully he will get caught with his hand in the cookie jar.
What is the muslim practice for punishing thieves?????
http://www.freerepublic.com/focus/f-bloggers/2127963/posts
OMG... the end of democracy... Slush funds... millions of untraceable money given to help Obama start his army of Conservative destoryers...
This must be illegal somehow?????
Conservatives better get out front on this.
This can’t be legal. I would challenge the Constitutionality of it. If George Soros spreads his wealth through “10,000 or so $5,000 donors” he will effectively be buying the White House.
That's exactly what it is! And it's a front for extortion.
Scarface is smiling.
No. Clinton was the Russian backed Communist. Obama quite likely has received big money from the Chinese Communists. But the bulk of his illegal money has come from radical Islam...most likely members of the Saudi royal family.
After Obama's inauguration, the enemy will control two of the federal government's three branches. And by 2012 it will have seized control of the third branch.
This is what FDR dreamed of. Now our national nightmare begins.
Are rims for the Presidential limo that expensive?
Okay, someone give me some insight here. I figure since Obama is asking for more money, the following story might amuse some and infuriate others.
Yesterday I discovered that a local obama campaign volunteer had left a large assortment of Obama related paperwork on the sidewalk in front of my business (the local obama headquarters has been situated 50 yards from me) , including thousands of dollars in donor cash and checks made out to the obama campaign.
Most of the checks were written in September, yet they never were cashed.
Should I be inferring anything here other than the scatterbrained incompetence of the campaign worker???
Is there some justification for not cashing or depositing donation checks immediately?
He already did.
To quote the movie "Speed": "Remember...'crazy', not 'stupid'."
Is this to be separate funds from a Presidential Inaugural Committee which would raise funds for his installation?
Obama still has over $100 million in his campaign fund. Can’t he use that??? Why is he holding out the cup again?
Good grief, how much money can one man need to mismanage?
He doesn’t have any money left?
I hope your shredder was extra hungry that day.
Sounds like we have another grifter family moving into our Whitehouse?????
Well, he thinks he needs to buy a bag of extra “O” keys for all of the White House keyboards. ;)
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