No Money from Lobbyists…but WAIT

Posted: July 14, 2008 in Funding, Obama, Policy, Social Issues, Washington

Obama has stated continuously that he will not accept money from Lobbyists and PAC’s.

But wait… lets take a look and see how he got to where he is now… as far as backing….

Read and discuss in the comments if you would like.

(credit goes to the ladies of The McCain Ravelry for finding this)


From the Columbia Journalism Review

To explain: Opensecrets.org, the Web site of the Center for Responsive Politics, is the most authoritative source on campaign finances. Basing its reports on data from the Federal Election Commission, the Center shows that Obama indeed doesn’t take much money from a sector the Center calls “lobbyists.” Through the end of December, Clinton received more than $800,000 and McCain around $400,000 from this group, which the Center says includes people who work for lobbying firms at the local, state, and federal level and their relatives who are not otherwise employed, as well as those who are officially registered as Washington lobbyists. Obama received contributions of about just $86,000 from this group. Obama’s Web site says he doesn’t take money from Washington lobbyists or political action committees,and the Center says that if his campaign finds that the money came from registered Washington lobbyists, it does get returned.

Also from the Boston Globe, Obama has been doing this for a while…

In Obama’s eight years in the Illinois Senate, from 1996 to 2004, almost two-thirds of the money he raised for his campaigns – $296,000 of $461,000 – came from PACs, corporate contributions, or unions, according to Illinois Board of Elections records. He tapped financial services firms, real estate developers, healthcare providers, oil companies, and many other corporate interests, the records show.

Obama’s US Senate campaign committee, starting with his successful run in 2004, has collected $128,000 from lobbyists and $1.3 million from PACs, according to the Center for Responsive Politics, a nonprofit organization that tracks money in politics. His $1.3 million from PACs represents 8 percent of what he has raised overall. Clinton’s Senate committee, by comparison, has raised $3 million from PACs, 4 percent of her total amount raised, the group said.

In addition, Obama’s own federal PAC, Hopefund, took in $115,000 from 56 PACs in the 2005-2006 election cycle out of $4.4 million the PAC raised, according to CQ MoneyLine, which collects Federal Election Commission data. Obama then used those PAC contributions – including thousands from defense contractors, law firms, and the securities and insurance industries – to build support for his presidential run by making donations to Democratic Party organizations and candidates around the country.

But wait – he says that that all stopped when he started his Presidential campaign… NOT

Though Obama has returned thousands of dollars in campaign contributions from registered federal lobbyists since he declared his candidacy in February, his presidential campaign has maintained ties with lobbyists and lobbying firms to help raise some of the $58.9 million he collected through the first six months of 2007. Obama has raised more than $1.4 million from members of law and consultancy firms led by partners who are lobbyists, The Los Angeles Times reported last week. And The Hill, a Washington newspaper, reported earlier this year that Obama’s campaign had reached out to lobbyists’ networks to use their contacts to help build his fund-raising base.

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