Obama fundraisers have deep ties to lobbyists (Promise$ = Pledge$ ?)

Using a technicality to circumvent his "promise" to not take campaign funding from lobbyists,

The POTUS is simply using [another "new" word] bundlers to handle the situation.

Bundlers or Bunglers is the question.

It's all been exposed by the NYT of all things

WASHINGTON — Despite a pledge not to take money from lobbyists, President Obama has relied on prominent supporters who are active in the lobbying industry to raise millions of dollars for his re-election bid.

At least 15 of Mr. Obama’s “bundlers” — supporters who contribute their own money to his campaign and solicit it from others — are involved in lobbying for Washington consulting shops or private companies. They have raised more than $5 million so far for the campaign.

sounds like a wall street mortgage bundle

can we buy derivatives on these?

Because the bundlers are not registered as lobbyists with the Senate, the Obama campaign has managed to avoid running afoul of its self-imposed ban on taking money from lobbyists.

But registered or not, the bundlers are in many ways indistinguishable from people who fit the technical definition of a lobbyist. They glide easily through the corridors of power in Washington, with a number of them hosting Mr. Obama at fund-raisers while also visiting the White House on policy matters and official business.

Obama Backers Tied to Lobbies Raise Millions (p.1)

NYT (p.2)

related article yahoo


in all fairness;

Republican candidates, in contrast, have placed no restrictions at all on accepting lobbyists’ money. Mitt Romney had a closed-door fund-raiser just this week in Washington at the American Trucking Associations that was expected to include many K Street lobbyists.

at least the Rebubblecans have admitted to taking lobby dollars

why does Obama want to keep hiding everything?

reply to post by xuenchen


It's due to the OWS, that is the reason, still by comparison Wall Street does love the Republican, as they take the most for them, Ron Paul and the Obama camp fall down in the list.

As Presidential Candidates Seek Finance Sector Money, Wall Street Donors Flock Most to Mitt Romney

www.opensecrets.org...

This site has a very good brake down of what is been allocated by who when it comes to 2012 candidate funding.

I think you will love to see the chart.

www.opensecrets.org...

Yep that site is a good resource with the current Potus leading in money.

reply to post by marg6043


reply to post by neo96



Good link

it will be interesting to watch the bars move as time gets closer to next Nov.

The big "0" will most likely get the most money.