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Old 10-21-2008, 05:22 PM   #1
Tarkus
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Default "Change"?

excerpt:

In fine print, a proliferation of large donors
Candidates, parties benefit from contributions to fund-raising committees

Much of the attention on the record amounts of money coursing through the presidential race this year, including in Senator Barack Obama’s announcement on Sunday of his $150 million fund-raising haul in September, has focused on the explosion of small donors.

But there has been another proliferation on the national fund-raising landscape that was not fully apparent until the latest campaign finance reports were filed last week: people who have given tens of thousands of dollars at a time to help the candidates.

Enabled by the fine print in campaign finance laws, they have written checks that far exceed normal individual contribution limits to candidates, to joint fund-raising committees that benefit the candidates as well as their respective parties.

Many of these large donors come from industries with interests in Washington. A New York Times analysis of donors who wrote checks of $25,000 or more to the candidates’ main joint fund-raising committees found, for example, the biggest portion of money for both candidates came from the securities and investments industry, including executives at various firms embroiled in the recent financial crisis like Bear Stearns, Lehman Brothers and AIG.

The joint fund-raising committees have been utilized far more heavily this presidential election than in the past. Mr. Obama’s campaign has leaned on wealthy benefactors to contribute up to $33,100 at a time to complement his army of small donors over the Internet as he bypassed public financing for the general election. More than 600 donors contributed $25,000 or more to him in September alone, roughly three times the number who did the same for Senator John McCain.

And Mr. McCain’s campaign, which had not disclosed most of these donors until last week, has taken the concept to new levels, encouraging deep-pocketed supporters to write checks of more than $70,000, by adding state parties as beneficiaries of his fund-raising.

All told, each candidate has had about 2,000 people give $25,000 or more to his various joint fund-raising committees through September.

“What we’re seeing is an emphasis on the high-end check that we have not seen since the days of soft money,” said Anthony J. Corrado Jr., a campaign finance expert at Colby College in Maine. ...

Donations to these joint fund-raising committees have surged this election cycle, taking in nearly $300 million this year through September — with Mr. McCain collecting slightly more than Mr. Obama — compared with $69 million in 2004. Campaign finance watchdogs call it a worrisome trend, saying the heavy emphasis on such arrangements brings candidates one step further into the embrace of major donors.

“This is subverting the whole notion of candidate contribution limits,” said Steve Weissman, associate director for policy at the Campaign Finance Institute....

*******************************************


Whew...

For a second there, I was wondering how much 'change' there really was going to be. Good to see the Political Machine will come thru unscathed.
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Old 10-21-2008, 05:27 PM   #2
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And these children that you spit on
As they try to change their worlds
Are immune to your consultations
They're quite aware of what they're going through

Ch-ch-ch-ch-Changes
(Turn and face the strain)

Ch-ch-Changes
Don't tell them to grow up and out of it

Ch-ch-ch-ch-Changes
(Turn and face the strain)

Ch-ch-Changes
Where's your shame

You've left us up to our necks in it

Time may change me

But you can't trace time


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Old 10-21-2008, 05:38 PM   #3
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:lol:

Speakin' to the masses thru music, eh? I'm likin' your approach, Buck :thumbup:

I'll give it a go:

I am the one, Orgasmatron, the outstretched grasping hand
My image is of agony, my servants rape the land
Obsequious and arrogant, clandestine and vain
Two thousand years of misery, of torture in my name
Hypocrisy made paramount, paranoia the law
My name is called religion, sadistic, sacred whore.

I twist the truth, I rule the world, my crown is called deceit
I am the emperor of lies, you grovel at my feet
I rob you and I slaughter you, your downfall is my gain
And still you play the sycophant and revel in you pain
And all my promises are lies, all my love is hate
I am the politician, and I decide your fate

I march before a martyred world, an army for the fight
I speak of great heroic days, of victory and might
I hold a banner drenched in blood, I urge you to be brave
I lead you to your destiny, I lead you to your grave
Your bones will build my palaces, your eyes will stud my crown
For I am Mars, the god of war, and I will cut you down.
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Old 10-21-2008, 05:42 PM   #4
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(shrugs shoulders)

If the lyrics jive, you must vote for the other guy.

:thumbup:
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Old 10-21-2008, 05:44 PM   #5
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Gradual change is the only option we have
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Old 10-21-2008, 05:49 PM   #6
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I don't know CK.

Article says $300 million in donations while getting around the campaign finance laws.

For that money, your last specimen should be driving a BMW while getting a blowjob...

no?
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Old 10-21-2008, 06:00 PM   #7
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Yea, we've come a long way as the greatest Nation on Earth.

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Old 10-21-2008, 06:04 PM   #8
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I guess this means Tark is voting for the guy in the middle.

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Old 10-21-2008, 06:11 PM   #9
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I am that guy in the middle...
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Old 10-23-2008, 10:29 AM   #10
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Quote:
Originally Posted by Tarkus View Post


I am that guy in the middle...
In that case, where do I send my check?

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