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Thread: Obama Inauguration Committee Opens Doors Door To Unlimited Corporate Donations......

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    Obama Inauguration Committee Opens Doors Door To Unlimited Corporate Donations......

    WASHINGTON -- President Barack Obama's inauguration committee will accept unlimited corporate contributions to fund its January festivities, a spokeswoman for the Presidential Inaugural Committee confirmed to The Huffington Post on Friday.

    "To help cover the cost of the public events, the 2013 Presidential Inaugural Committee will be accepting contributions from individual and institutional donors in compliance with the laws governing contributions to an Inaugural Committee," said spokeswoman Addie Whisenant. "The PIC will not be accepting donations from lobbyists or PACs and will not be entering into any sponsorship agreements with individuals or corporations."

    The decision marks a reversal of the self-imposed ban that Obama's inaugural team placed on corporate donations in 2008 -- and opens the floodgates to massive amounts of corporate cash funding official balls and other public events. It also likely reflects lessons learned with this summer's Democratic National Convention, for which Democrats initially banned corporate money but then devised a loophole through their own ban when funds came up short for the four-day event.

    "Our goal is to make sure that we will meet the fundraising requirements for this civic event after the most expensive presidential campaign in history," said Whisenant. "To ensure continued transparency, all names of donors will be posted to a regularly updated website.".....snip~

    http://www.huffingtonpost.com/2012/1...n_2258231.html
    Updated: 12/07/2012 4:54 pm EST<<<<< more here.


    Team Obama now reverses what he said before about taking Corporate Donations.....so he says the WH will print out who all the Donors and have it up on their Website. Also they state they could turn those away that have to do with going against Obama's policy. Course accepting this means Corporations can expect some favors.
    Last edited by MMC; 12-08-12 at 11:32 AM.

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    Re: Obama Inauguration Committee Opens Doors Door To Unlimited Corporate Donations...



    The identities of all donors will be posted regularly on the committee’s website, she said. Lobbyists and political action committees won’t be allowed to contribute. Corporations with outstanding loans from the Troubled Asset Relief Program also will be prohibited from making donations.

    The contribution policy was reported earlier by Politico.

    Donors contributed about $45 million to Obama’s 2009 inauguration. Obama banned corporate cash then, and accepted a maximum of $50,000 per donor.

    Democrats restricted corporate contributions for their September national convention in Charlotte, North Carolina, and the host committee fell about $12.5 million short of its fundraising target

    Obama’s inaugural speech, and the evening balls will be held on Jan. 21. Obama will officially take the oath of office the day before, which is a Sunday. He will ask Americans to volunteer on Jan. 19 in their communities as a national day of service.....snip~

    Obama Inaugural Panel to Take Unlimited Corporate Funds - Bloomberg
    Dec 7, 2012 3:12 PM CT<<<<<More here!
    Last edited by MMC; 12-08-12 at 12:08 PM.

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    Re: Obama Inauguration Committee Opens Doors Door To Unlimited Corporate Donations...

    I wonder how many takers Obama will get. Publishing the names on the web site is definitely different for Obama since he usually does all his money stuff in deep secrecy. But the web site should make interesting reading...
    "We the people are the rightful masters of both Congress & the courts, not to overthrow the Constitution, but overthrow the men who pervert the Constitution."
    - Abraham Lincoln

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    Re: Obama Inauguration Committee Opens Doors Door To Unlimited Corporate Donations...

    Quote Originally Posted by Diogenes View Post
    I wonder how many takers Obama will get. Publishing the names on the web site is definitely different for Obama since he usually does all his money stuff in deep secrecy. But the web site should make interesting reading...
    I was looking at him asking the Country to volunteer that weekend. Whats Up with that? Anything I am not thinking of or something? Whens Earth Day Feb Right? So he wants the Country to Volunteer for the Weekend of his Inauguration. As A Show of What and for What?

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    Re: Obama Inauguration Committee Opens Doors Door To Unlimited Corporate Donations...

    Another lie, what else is new.
    If it sounds like Marx and acts like Stalin...it must be Obama

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    Re: Obama Inauguration Committee Opens Doors Door To Unlimited Corporate Donations...

    Corporations and profit BAD...unless they give to Obama.
    If it sounds like Marx and acts like Stalin...it must be Obama

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    Re: Obama Inauguration Committee Opens Doors Door To Unlimited Corporate Donations...

    Quote Originally Posted by Rapunzel52 View Post
    Corporations and profit BAD...unless they give to Obama.
    You will be asked to Volunteer that weekend. They aint said what for so I would be wary.

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    Re: Obama Inauguration Committee Opens Doors Door To Unlimited Corporate Donations...

    Quote Originally Posted by MMC View Post
    I was looking at him asking the Country to volunteer that weekend. Whats Up with that? Anything I am not thinking of or something? Whens Earth Day Feb Right? So he wants the Country to Volunteer for the Weekend of his Inauguration. As A Show of What and for What?
    Obama's posturing here seems to be taking on the flavor of Venezuela or North Korea.
    "We the people are the rightful masters of both Congress & the courts, not to overthrow the Constitution, but overthrow the men who pervert the Constitution."
    - Abraham Lincoln

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    Re: Obama Inauguration Committee Opens Doors Door To Unlimited Corporate Donations...

    Quote Originally Posted by Diogenes View Post
    Obama's posturing here seems to be taking on the flavor of Venezuela or North Korea.
    Yep, they still haven't said what he wants people to go out and volunteer for. Just go and volunteer! Wonder how many will do it Right there in DC?

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    Re: Obama Inauguration Committee Opens Doors Door To Unlimited Corporate Donations...

    Did I hear right - 3 days of festivities this year wonderful re coronation will be? I know if I ran a corporation he'd never see a donation.

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