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Wednesday, April 04, 2007

Not One Dime from Lobbyists - Obama Campaign



Ari Berman, writing in
The Nation online magazine, reveals the real story about where the Obama campaign fits in the scope of the 2008 presidential elections. The story is titled Obama's on the Money and here it is:

The way that money has come to define politics is truly sickening. That said, raising $25 million from 100,000 people without taking a dime from lobbyists--as Barack Obama announced today--is pretty darn impressive.

The Clinton's have long been masters of the money chase. Now Obama has sent a message to political insiders that he can match Hillary's campaign, if not one up her. In the first quarter of this year, he raised money from twice as many people as she did. More intriguingly, $6.9 million came from 50,000 donors online. Ninety percent of that money came in the form of $100 donations or less. Half of those people gave around $25.

That means Obama has amassed a sizable grassroots donor base. He's not just raising money from well-heeled fat cats, although I am sure there is some of that as well. We'll know exactly who raised what from whom--and how much the campaigns spent--when the full fundraising numbers are released on April 15.

For more information on Barack Obama: www.barackobama.com/

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