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Orwellian_Ghost Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-20-08 10:00 PM
Original message
A Snapshot Of Campaign Contributors- Both Candidates
Edited on Wed Feb-20-08 10:29 PM by Orwellian_Ghost
Let’s see where these candidates get their money to convince you to vote for them;

Hillary Clinton;

Goldman Sachs $413,361 Morgan Stanley $362,700 Citigroup Inc $350,895 Lehman Brothers $241,870 JP Morgan Chase & Co $214,880 EMILY's List $213,266 National Amusements Inc $210,010 Kirkland & Ellis $179,676 Greenberg Traurig Llp $177,800 Skadden, Arps et al $167,796 Merrill Lynch $165,042 Cablevision Systems $145,313 Time Warner $144,977 Microsoft Corp $143,459 Bear Stearns $141,835 Latham & Watkins $138,598 Patton Boggs $137,200 Ernst & Young $126,865 PricewaterhouseCoopers $121,939

Barack Obama:

Goldman Sachs $421,763 Ubs Ag $296,670 Lehman Brothers $250,630 National Amusements Inc $245,843 JP Morgan Chase & Co $243,848 Sidley Austin LLP $226,491 Citigroup Inc $221,578 Exelon Corp $221,517 Skadden, Arps Et Al $196,420 Jones Day $181,996 Citadel Investment Group $171,798 Time Warner $155,383 Morgan Stanley $155,196 Google Inc $152,802 University of California $143,029 Jenner & Block $136,565 Kirkland & Ellis $134,738 Wilmerhale Llp $119,245 Credit Suisse Group $118,250

...

http://www.opednews.com/articles/opedne_timothy__080220_obama_doesn_t_take_f.htm


Edited out Harvard U.


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TAWS Donating Member (312 posts) Send PM | Profile | Ignore Wed Feb-20-08 10:03 PM
Response to Original message
1. Misleading
These are just personal contributions from individuals under the organization they work for. Harvard University did not donate money, it was people on the faculty.
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jackson_dem Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-20-08 10:26 PM
Response to Reply #1
12. This is the only way to measure corporate influence since they can't directly contribute
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Orwellian_Ghost Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-20-08 10:27 PM
Response to Reply #1
15. High end "bundlers"
Sweet column: Obama touts small donor network but also relies on high end "bundlers" for millions.

WASHINGTON -- While Democratic Sen. Barack Obama talks about transforming politics and touts the donations of "ordinary" people to his campaign, a network of more than 100 elite Democratic "bundlers" is raising millions of dollars for his White House bid.

The Obama campaign prefers the emphasis be on the army of small donors who are giving -- and raising -- money for Obama. In truth, though, there are two parallel narratives -- and the other is that Obama is also heavily reliant on wealthy and well-connected Democrats.

...

Each of the 138 Obama bundlers promised to raise at least $50,000, and many are from Chicago, not surprising since Chicago billionaire Penny Pritzker is the national finance chairwoman. Among those from the city are major Democratic donors Lou Sussman, who was John Kerry's chief of fund-raising in 2004; BettyLu Saltzman, one of Obama's biggest boosters; personal-injury attorney Bob Clifford; Capri Capital CEO Quintin Primo; activists Marilyn Katz and Michael Bauer, Ariel Capital's John Rogers and Mellody Hobson.

Hollywood moguls David Geffen and Jeffrey Katzenberg; a string of Harvard Law School friends; Broadway producer Margo Lion, and Bill Kennard, managing director of the Carlyle Group, are among the other bundlers.

http://blogs.suntimes.com/sweet/2007/04/sweet_column_obama_touts_small.html
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high density Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-20-08 10:04 PM
Response to Original message
2. We just had this thread about a half hour ago
:eyes:
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ProSense Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-20-08 10:07 PM
Response to Original message
3. Why the sheer desperation?
HOW TO READ THIS CHART: This chart lists the top donors to this candidate in the 2008 election cycle. The organizations themselves did not donate , rather the money came from the organization's PAC, its individual members or employees or owners, and those individuals' immediate families. Organization totals include subsidiaries and affiliates.

link


Obama's money comes from individuals who work at those companies:

Individual contributions $101,429,472 99%

PAC contributions $25 0%
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rodeodance Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-20-08 10:11 PM
Response to Reply #3
4. still have not gone creative have you------"desperation" same ol, same ol......
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ClassWarrior Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-20-08 10:12 PM
Response to Reply #4
5. So you condone deceptive campaigning?
NGU.


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rodeodance Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-20-08 10:24 PM
Response to Reply #5
10. its a way to get around the rules--obama does it also. Do you condone this?
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ProSense Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-20-08 10:27 PM
Response to Reply #4
14. Facts? What facts? n/t
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rodeodance Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-20-08 10:12 PM
Response to Reply #3
6. its a way to get around the rules and you know it!
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jackson_dem Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-20-08 10:28 PM
Response to Reply #3
16. "Individuals" includes bundlers and corporate executives
Edited on Wed Feb-20-08 10:29 PM by jackson_dem
It isn't the janitors at Goldman Sachs who are giving $2,3000 or $1,500. Obamites are actually trying to claim post-Obama that corporations have no influence via campaign contributions. The magic of "hope"!
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AtomicKitten Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-20-08 10:12 PM
Response to Original message
7. 90% of Obama's contributions are $100 and under from individual donors.
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Orwellian_Ghost Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-20-08 10:20 PM
Response to Reply #7
9. Barack Obama/Campaign Financing
Barack Obama/Campaign Financing


Barack Obama, U.S. Senator (D-Ill.)

On February 1, 2007, Barack Obama, through his Obama Exploratory Committee, asked<1> the Federal Election Commission "whether, if Senator Obama becomes a candidate, provisionally raise funds for the general election but retain the option, upon nomination, of returning these contributions and the public funds for which he would be eligible as the Democratic Party's nominee."

Obama "used campaign donations generated by PACs and lobbyists to bankroll the birth of his White House bid -- though he's banning that money for his presidential 2008 race," Lynn Sweet reported<2> February 9, 2007, in the Chicago Sun-Times.

"Obama's conversion to a laudable higher standard does not negate that money from sources he now disdains helped paved the way for his kickoff in Springfield on Saturday .

"Obama has been raising campaign cash for two political pots -- Obama 2010 Inc., his Senate re-election committee, and the Hopefund, another war chest. Obama, until his recent conversion on the eve of his presidential run, took more than $1 million from political action committees.

"An examination of disbursements from the two funds reveals how Obama was able to use legal loopholes commonly used by other presidential contenders to pay for White House testing-of-the-water expenses," Sweet wrote.<3>

...

http://www.sourcewatch.org/index.php?title=Barack_Obama/Campaign_Financing

Are you saying that 90% of the money Obama has received of the approximately $100 million amassed has come from donors who contributed $100 or less?
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jackson_dem Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-20-08 10:27 PM
Response to Reply #7
13. Another misleading statistic
Forget contributions. What percentage of his $168 million has come from big bucks donors? What is the raw total?
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AtomicKitten Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-20-08 10:38 PM
Response to Reply #13
18. Tell the truth:
Edited on Wed Feb-20-08 10:39 PM by AtomicKitten
February 20, 2008
Small Online Contributions Add Up to Huge Fund-Raising Edge for Obama
By MICHAEL LUO

Excerpt:

The details of Mr. Obama’s January fund-raising illustrate just how much his campaign has been able to chart a new path for the presidential race. He brought in $28 million online, with 90 percent of those transactions coming from people who donated $100 or less, and 40 percent from donors who gave $25 or less, suggesting that these contributors could be tapped for more. (Donors are limited to giving $2,300 per candidate during the primary season.) More than 200,000 of the campaign’s nearly 300,000 donors in January were first-time givers to Mr. Obama.

The campaign’s success over the Internet has freed Mr. Obama from having to take valuable time off the trail for fund-raising events for major donors — just $4 million in January came from traditional fund-raisers.

“We know we don’t have to get him in front of as many major donors now,” Ms. Smoot said.

Mr. Obama has done just a few traditional fund-raising events in January and none in February, in contrast to the Clinton campaign, which has been keeping up a steady diet of fund-raisers with either Mrs. Clinton or her husband, former President Bill Clinton.

http://www.nytimes.com/2008/02/20/us/politics/20obama.html?ref=us&pagewanted=print
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KittyWampus Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-20-08 10:13 PM
Response to Original message
8. Obama- over half a million individual small donors. THAT, my friends, is Public Financing
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Johnny__Motown Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-20-08 10:26 PM
Response to Original message
11. We had this post last night too, maybe try editing out Harvard University. it is not a bank
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Orwellian_Ghost Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-20-08 10:31 PM
Response to Reply #11
17. Okay so specifically
but it is a corporation.

With a business school that architects much misery around the world.

Cheers.

Edited out for sake of discussion.
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TexasObserver Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-20-08 10:53 PM
Response to Original message
19. These kinds of "comparison" are inherently flawed, because they are not accurate.
Big companies have some individuals who favor one candidate, and some who favor the other. People who make a lot of money give to candidates they like. It's a contribution by an individual, not a company.

If a company or corporation forms a 527 and starts taking sides, I want to know it.

If a company or corporation gets behind a candidate over another, in a concerted bundling effort, I want to know it.

If PACs and lobbyists associated with certain industries get behind one or the other, I want to know it.

The fact is that as a candidate improves his or her position, monied interests will send money to a candidate they have avoided, or even despised, because they want to be seen as having "gotten right" before the election is concluded.

I expect a candidate to try to keep it clean, to not be a sellout, and to try to avoid taking buttloads of money from nefarious sources.

The better measure is how many contributors they can get, and how much the average contributor is making.
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