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Obama Lied – Campaign Financing Died

From our friend Jake Tapper at ABC News:


Obama to Break Promise, Opt Out of Public Financing for General Election

June 19, 2008

In a web video to supporters — "the people who built this movement from the bottom up" — Sen. Barack Obama, D-Illinois, announced this morning that he will not enter into the public financing system, despite a previous pledge to do so.

"We’ve made the decision not to participate in the public financing system for the general election," Obama says in the video, blaming it on the need to combat Republicans, saying "we face opponents who’ve become masters at gaming this broken system. John McCain’s campaign and the Republican National Committee are fueled by contributions from Washington lobbyists and special interest PACs. And we’ve already seen that he’s not going to stop the smears and attacks from his allies running so-called 527 groups, who will spend millions and millions of dollars in unlimited donations."

In November 2007, Obama answered "Yes" to Common Cause when asked "If you are nominated for President in 2008 and your major opponents agree to forgo private funding in the general election campaign, will you participate in the presidential public financing system?"

Obama wrote: "In February 2007, I proposed a novel way to preserve the strength of the public financing system in the 2008 election. My plan requires both major party candidates to agree on a fundraising truce, return excess money from donors, and stay within the public financing system for the general election. My proposal followed announcements by some presidential candidates that they would forgo public financing so they could raise unlimited funds in the general election. The Federal Election Commission ruled the proposal legal, and Senator John McCain (R-AZ) has already pledged to accept this fundraising pledge. If I am the Democratic nominee, I will aggressively pursue an agreement with the Republican nominee to preserve a publicly financed general election."

Not so "aggressively," according to the McCain campaign, which argues that Obama did not discuss this or try to negotiate at all with the McCain campaign, despite writing that he would "aggressively pursue an agreement with the Republican nominee to preserve a publicly financed general election." …

Obama said, "I’m asking you to try to do something that’s never been done before. Declare our independence from a broken system, and run the type of campaign that reflects the grassroots values that have already changed our politics and brought us this far." …

What a charade.

The "grassroots values" that have brought him so far are Mr. George Soros and bundlers like Mr. Norman Hsu.

From the Washington Post:

Hsu Steered Major Fundraiser to Obama

Campaign Acknowledges Link to Democratic Donor Who Is Now Under Arrest

By Matthew Mosk and John Solomon
Saturday, September 8, 2007; A05

Before becoming a major bundler for Sen. Hillary Rodham Clinton’s presidential campaign, disgraced Democratic donor Norman Hsu helped host a 2005 California event for Barack Obama’s political action committee and introduced the senator from Illinois to one of the biggest fundraisers for his presidential bid.

Federal Election Commission records show that Hsu gave $5,000 to Obama’s Hopefund PAC in connection with the fundraiser and that people publicly identified with Hsu and his companies gave an additional $19,500 to the PAC in 2005 and 2006

Gorenberg, a Silicon Valley venture capitalist who oversaw California fundraising for Sen. John F. Kerry’s 2004 presidential bid, and other members of Obama’s national finance committee are committed to raising at least $250,000 each for the campaign.

Hsu said in a July interview with The Washington Post that although he has become a strong backer of Clinton, he had worked on Obama’s behalf and had connected Obama with Gorenberg. "I was the person who got him involved in Obama fundraising," Hsu said…

But Mr. Obama won’t have anything to do with the "broken system" of public financing. He’s far too pure for that.

It would seem that the more Obama promises change, the more things remain the same.

Still, in addition to all the other fine qualities we are discovering in Mr. Obama, we now know he is also a baldfaced liar.

This article was posted by Steve on Thursday, June 19th, 2008. Comments are currently closed.

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