Obama not disclosing fundraising 'bundlers'

Barack Obama has long been among the most outspoken critics of the influence of money in politics.

Yet records show that in his presidential campaign, he has not lived up to his promise to fully disclose the identities of his top money-collectors who bundle millions of dollars in campaign contributions.

Since November, Obama had added just two new names to a list of more than 326 fundraisers who have bundled contributions of $50,000 or more for him, despite the campaign’s taking in more than $180 million during that time.

After receiving an inquiry from The New York Times, the campaign scrambled Thursday evening to update its list of bundlers, adding 185 names to it — a more than 50 percent jump — and increasing the amounts some were credited with raising.

With individual contributions limited to $2,300, bundlers fuel the fundraising of presidential campaigns by collecting piles of checks from wealthy acquaintances in a practice that critics say gives them excessive influence. While Obama has collected unprecedented amounts in small donations over the Internet, he also has a formidable high-dollar fundraising apparatus.

shermangeneral wrote:Well Terri do you now support McCain-Feingold and other political fund raising and spending reforms?

(I do wish Obama had not reneged on accepting public financing but maybe I dont know the whole story again)

shermangeneral wrote:Well Terri do you now support McCain-Feingold and other political fund raising and spending reforms?

(I do wish Obama had not reneged on accepting public financing but maybe I dont know the whole story again)

Aaron wrote:

shermangeneral wrote:Well Terri do you now support McCain-Feingold and other political fund raising and spending reforms?

(I do wish Obama had not reneged on accepting public financing but maybe I dont know the whole story again)

He seen he could raise and spend more money privately then he would get from the government so he went back on his word which he emphatically and publicly agreed to on at least 2 occasions.

Whole story.