Reconsider, Mr. President — Don’t Take the Money
President Obama’s first inaugural committee threw one heck of a party WITHOUT accepting a penny of corporate money and with a $50,000 limit on individual donations. His second inaugural committee plans a more modest celebration, recognizing that these are hard times for millions of Americans.
So can anyone make sense of Friday afternoon’s announcement that corporations and individuals alike will be able to make unlimited donations to support the second inaugural?
“Through two campaigns, President Obama has said all the right things about the need to get big money out of our politics – and then done a lot of the wrong things,” Common Cause President Bob Edgar observed Saturday “This is another example of that. Why would the President and the inaugural committee decide to take as much money as millionaires and corporations care to give, inviting the corrupting influence that inevitably goes with it?
“The committee’s promises that all donors will be disclosed and vetted, presumably to screen out those looking to get something from the administration in return for their money, are some comfort. But the President has again missed an opportunity to put actions behind his words and advance a cause – campaign finance reform – he claims to care about.”
Not a good start for your second term Mr. President. Not a good start at all.