Last year McCain and Obama both promised to accept public financing if the other party’s nominee did. Hillary Clinton was non-committal on public financing. McCain is keeping his promise, while Obama has broken his promise or lied again.
What else has Obama lied about? Anything that might help line his pockets or those of his friend’s maybe?
For one thing, not all of Obama's support comes from the little donor he likes to tout with increasing frequency. "Industry PACs may not give directly to his campaign, but employees of industries may do so, and many of his contributors have come from executives and their spouses," the Wall Street Journal noted. "For example, Mr. Obama leads all candidates in donations from the pharmaceutical industry and commercial banks, among other industries.
"The New York Times also reported earlier this year, that while Obama did not accept money from nuclear industry lobbyists, he did take nearly a quarter-million dollars from Exelon's top executives. Exelon just happens to be the largest supplier of nuclear power in the nation, and it failed to disclose radiation leaks at one of its Illinois plants in 2006. And, the Times reported, while Obama initially sponsored legislation requiring that all nuclear power companies disclose such leaks, he eventually modified it to satisfy Exelon.
This is the dirty little secret of the internet financing that the Obama campaign enjoys, but doesn’t want us to know about. He is accepting huge sums of money that are directed to his campaign by companies and industries that are buying his influence.
What is the difference between taking the money from lobbyists or taking large sums of money from company or industry executives and altering or watering down legislation to help them? Companies save money on lobbyists by eliminating the middlemen.
This is simply the large-scale version of a shakedown. Seems that Obama and former Milwaukee Alderman Michael McGee have read from the same Democratic playbook and have an awful lot in common.