Tuesday, August 12, 2008

The Obama PAC



The Sen. Barack H. Obama has enjoyed crowing about his campaign’s refusal to accept money from Political Action Committees (PACs). The Sen. Barack H. Obama declares that he and his entire party will not be beholden to anyone except the “American citizen.” No corporate or political fat cats will derail his drive for “hope and change.” (No PAC money? Really? Consider this pro-Obama PAC ad.)

It turns out, though, that the Senator has no qualms about using his own PAC to influence Washington politics. What? You never heard about the Sen. Barack H. Obama’s PAC? Funny how that seems to be overlooked by both the Senator and Big Media. Turns out that the Sen. Barack H. Obama established a PAC called the Hopefund.

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Hopefund is what is known as a “leadership PAC,” a frequent target of campaign watchdogs because it can raise money in much larger bundles than individual candidates. The Candidate of Hope from Illinois followed the example set by Senate and House members who establish such accounts to raise money and then spread it around to other politicians in the hopes of gaining new best friends. Legally, such PACs are supposed to operate independently and cannot coordinate with any campaigns of their owner.
Now that Obama is running for president, he's handing out the bulk of Hopefund money to politicians and groups who happen to be in early presidential voting states, as the Washington Post's John Solomon noted the other day. The pace of giving has increased in recent months and this has led to some remarkable coincidences. – Andrew Malcolm, “Turns out, some Obama PAC money comes from PACs.” (See also “Obama Campaign Worker Discussed PAC Donations,” Washington Post, 11/30/07.)
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Because of the complicated, convoluted methods of political campaign funding, virtually none of the Sen. Barack H. Obama’s “American citizens” have a clue about how his and his Democrat party’s campaigns are funded. It’s too hard to figure out. How many of you aren’t already looking cross-eyed by now, if you have read this far? The sad result, though, is that the Sen. Barack H. Obama can make his public declarations without very much worry that his cheering minions, who are also forking over dollars they need to pay for mortgages, food, healthcare, and transportation, will ever have a clue who the Senator will be paying back.

Consider the Service Employees International Union, which “spent over $9 million during a crucial three month period to help the Big O secure the Democrats’ nomination.” (William Tate, “Obama, the PAC-Man,” The American Thinker, 7/10/08.) The article goes on to disclose that “…SEIU’s PACs have paid for such campaign essentials as door-to-door canvassing for Obama, voter identification and registration, and even bus rental and food for pro-Obama rallies.” Ironically, Federal Election rules require that “independent expenditures” by political committees be limited to communications.

Sadly, with Big Media rooting for the Sen. Barack H. Obama, these complex revelations will remain largely buried. But, I guess we can all take small solace in knowing that if the Sen. Barack H. Obama is elected as our next president, he really won’t be any different than anyone else who would be on the ticket. So much for “hope and change.”

(photo: Obama plays the crowd)

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