Vote for Obama! He’s for the ‘little guy’!

August 5, 2008

But he takes money from the ‘big guys’!

Big donors are the key to Obama’s record hauls

In an effort to cast himself as independent of the influence of money on politics, Senator Barack Obama often highlights the campaign contributions of $200 or less that have amounted to fully half of the $340 million he has collected so far.

But records show that a third of his record-breaking haul has come from donations of $1,000 or more – a total of $112 million, more than the total of contributions in that category taken in by either Senator John McCain, his Republican rival, or Senator Hillary Rodham Clinton, his opponent in the Democratic primaries.

Behind those large donations is a phalanx of more than 500 Obama “bundlers,” fund-raisers who have each collected contributions totaling $50,000 or more. Many of the bundlers come from industries with critical interests in Washington. Nearly three dozen of the bundlers have raised more than $500,000, including more than a half-dozen who have passed the $1 million mark and one or two who have exceeded $2 million, according to interviews with fund-raisers.

An analysis of campaign finance records shows that about two-thirds of his bundlers are concentrated in four major industries: law, securities and investments, real estate and entertainment. Lawyers make up the largest group at about 130, with many working for firms that also have lobbying arms.

A lesson in lefty politics:

Taking money from lobbyists=Bad.

Taking money from bundlers who work for firms that have lobbying arms=Good.

As long as you take money indirectly then it’s good.

At least lobbyists’ are registered. Bundlers aren’t. Which group do you trust more?

Anybody ever notice that when a Republican has lots of money that it’s referred to as a ‘war chest’. But when it’s a Democrat it’s pawned off as a ‘grassroots’ thing? Big business owns Obama just as much as they own McCain.