Wednesday, October 29, 2008

Campaign Financing: Did Obama buy this election?

Much to do today on CNBC's Morning Joe Show stating that Obama has "bought the election", and suggesting, after the election, something should be done about Campaign Finance Reform. They say Obama has a 7 to 1 advantage in TV advertising compared to McCain, who opted for Federal Funding. Obama, who first said he would join McCain and use Public Financing, changed his mind and opted out. He mounted a very effective Internet campaign and raised most of his money by small contributions.

I believe Obama won the hearts and minds of the American people first and that caused people like me to send a contribution to him, where he won our wallets too. That's not buying an election. That is gaining the support of the American people versus Corporate Lobbyists and Special Interest groups. If an election were to be bought, I would rather it be bought by the American people. It seems to me that Republicans haven't figured out how to capture internet contributions yet, so they are calling foul. It just won't work for the Republicans this time.

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1 Comments:

Anonymous Anonymous said...

I agree, Charles, with your assessment that the people opened our wallets in support of Barack Obama not only because he represents those ideals we are hoping to resuscitate in our leadership but also because we realize that we must contribute our actions and money to overwhelm the corporations. Carolee Monroe

7:05 AM  

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