Obama Fat Cats
http://www.blackagendareport.com/ind...=548&Itemid=34
Quote:
"The total sum raised February 16-29, 2008 by bundlers for Obama from 27 law firms that engage in lobbying: $2,650,000."
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Obama's Oil Spill
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I approve this message because it's time that Washington worked for you. Not them.
The national average price for a gallon of gas in the week ending March 24, the most recent data available, was $3.26, but prices are higher than the average in some areas.
Our problem comes with this statement:
Obama: I don't take money from oil companies or Washington lobbyists, and I won't let them block change anymore.
It's true that Obama doesn't take money directly from oil companies, but then, no presidential, House or Senate candidate does. They can't: Corporations have been prohibited from contributing directly to federal candidates since the Tillman Act became law in 1907.
Obama has, however, accepted more than $213,000 in contributions from individuals who work for, or whose spouses work for, companies in the oil and gas industry, according to the Center for Responsive Politics. That's not as much as Sen. Hillary Clinton, who has received more than $306,000 in donations from people tied to the industry, but it's still a substantial amount.
Here's a chart we made, using the OpenSecrets.org database, of contributions to Obama from individuals employed by some of the largest oil companies in the U.S. Our numbers are conservative because the database doesn't include donations of less than $200 (federal law doesn't require the reporting of donations below that amount), and we haven't included sums donated by the spouses or other immediate family members of the employees. Additionally, we haven't included donations from people who work at smaller firms in the industry.
| Oil Company | Total Individual Contributions |
| ExxonMobil | $30,850 |
| Hess | $5,200 |
| Shell | $9,900 |
| Conoco Philips | $4,300 |
| Chevron | $9,500 |
| BP | $6396 |
| Total | $66,146 |
When the Clinton campaign criticized Obama's ad, calling it "false advertising," Obama's campaign quickly noted that he didn't take money from political action committees or lobbyists.
We'd say the Obama campaign is trying to create a distinction without very much of a practical difference. Political action committee funds are pooled contributions from a company's or an organization's individual employees or members; corporate lobbyists often have a big say as to where a PAC's donations go. But a PAC can give no more than $5,000 per candidate, per election. We're not sure how a $5,000 contribution from, say, Chevron's PAC would have more influence on a candidate than, for example, the $9,500 Obama has received from Chevron employees giving money individually.










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