Obama inauguration will take unlimited corporate funds

[1prophet]

http://firstread.nbcnews.com/_news/2...funds#comments

Obama inauguration will take unlimited corporate funds

By NBC's Ali Weinberg


President Barack Obama will accept unlimited corporate contributions to help finance his 2013 inauguration, a shift from 2009, when corporate funding was barred and per-person donations were capped at $50,000.
The president's inaugural committee made the decision, which was first reported by Politico, because, they said, contributions from individuals alone would not raise enough to cover the price tag of all the events.
"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," Addie Whisenant, spokesperson for the Presidential Inauguration Committee, said in a statement.
The inaugural committee in 2008 said that its ban on corporate funding, among other initiatives, would help "underscore their commitment to change business as usual in Washington."
Lobbyists and political action committees are still barred from donating, and there will be no sponsorship agreements. All corporate contributions will be vetted and the committee will not accept any from companies who accepted TARP funds and haven't paid them back yet.
The inaugural committee also notes that these are the same guidelines to which civic organizations like arts museums and the American Red Cross adhere.

I thought corporate loving Romney lost the election.

[pcgeek11]

What a Hypocrite.

[bozack]

it would be funny if no companies wanted to contribute, wishful thinking for sure

[blackangst1]

Not surprising since he's the most Wall Street friendly POTUS ever elected.

[Juror No. 8]

Originally Posted by blackangst1

Not surprising since he's the most Wall Street friendly POTUS ever elected.

Wall Street friendly? LOL, not even close. He's Wall Street owned. He's their boy.

[Engineer]

Lots of things go out the window when you're not running again (or so it seems).

Edit: At least it's not taxpayer money.

[Incorruptible]

So the pos obama lied, When will his idiotic supporters admit he was wrong

[Vic Vega]

The president's inaugural committee made the decision, which was first reported by Politico, because, they said, contributions from individuals alone would not raise enough to cover the price tag of all the events.

That pretty much says it all right there.

[waggy]

Originally Posted by Engineer

Lots of things go out the window when you're not running again (or so it seems).

Edit: At least it's not taxpayer money.

why are people surprised?

[Smoblikat]

"Romney only cares about the 1%, thats why we need to steal their money and give it to the lazy"

:takes 1% money to throw a party for himself:

[drebo]

Originally Posted by Vic Vega

That pretty much says it all right there.

So don't have the events. Problem solved.

[michal1980]

corporations are only bad when they donate to republicans.

[hal2kilo]

Well, I guess he could do the inaguration like Jimmy Carter but then the country would laugh at him for being a backward hick.

There's no winning with haters.

I do beleive this whole corporate love fest has gotten way out of control, but we get no push back since all of the MSM entertainment news organizations are corporate whores.

[pcgeek11]

Where are all the Obama Fanatics?

Crickets...

[Nintendesert]

Hilary! Hilary! Hilary!

[peonyu]

His views just "evolved" since his first term, thats all.

[dmcowen674]

Awesome

The Messiah deserves the best Inauguration of all time.

Great times rubbing it in the faces of the America hating Republicans especially the ones in here.

[tweaker2]

Taking money from the very folks that spent billions of $$$ to get him out of office but now they find they have to suck up to Obama with donations to keep their corporate welfare wagon rolling?

Sweet justice in my opinion.

And now we have the very folks who branded Obama as an anti-business communist now saying he's actually owned by the businesses Obama was supposed to be against?

It just can't get more hilarious than this. It just can't. lol

[monovillage]

It's good to see that Michelle isn't the only whore in the White House.

[JEDIYoda]

Originally Posted by Incorruptible

So the pos obama lied, When will his idiotic supporters admit he was wrong

probably when you wake up and realize that Romney was ass raped!!

[FerrelGeek]

Remember, he did say that he would be more 'flexible' after the election.

[HomerJS]

Originally Posted by Incorruptible

So the pos obama lied, When will his idiotic supporters admit he was wrong

He was wrong on this one. Where do you go from there? On the list of broken promises not concerned about this one.

Frankly I think there shouldn't be an inauguration when POTUS is re-elected.

An inauguration is a formal ceremony to mark the beginning of a major political leader's term of office.

[nehalem256]

Maybe they should just sell advertising space on the Presidential limo?

[Pr0d1gy]

I'm sure they wouldn't have done the same if Romney had won.





lmfao

[werepossum]

Isn't this a good thing? Obama's going to spend what he wants to spend, and if it didn't come out of the corporate slush funds we'd have to pay the tab. Plus, those slush funds would be doing other things for him anyway. Politicians are the best investment a huge corporation can make; they've bought Obama, and while they might not be able to buy Romney he's in agreement with pretty much what they want anyway. And where he isn't, they'd just buy the support of the Senators and Representatives he would need to get anything done.

The only real difference I see here is that the media would be doing its best to shame President Romney into not taking corporate donations, so a President Romney gala would be funded by the same people just with after-tax dollars. For me, I'm just glad the Messiah didn't need to find a way to add it to the national debt. Count this as a small blessing rather than hypocrisy.