3,303
edits
Changes
Jump to navigation
Jump to search
Line 142:
Line 142: − + +
→Campaign financing
===Campaign financing===
===Campaign financing===
Obama is the first presidential candidate to reject public financing. He broke his promise to accept it in the hope that his powerful fund-raising machine would generate far more money than the $84.1 million McCain is getting in public funding. Indeed, on August 14th, the Obama campaign announced it had received donations from 2 million individuals, setting new records. Obama raised $272 million for the primaries and expects to raise $300 million for the general election. However the Republican National Committee has been raising much more than the Democratic National Committee and each candidate had about $100 million in cash on September 1. Each expects to spend about $300 million by November. However, Obama is obliged to devote much of his time to fund raising among supporters rather than campaigning among undecided voters.<ref> see [http://blog.newsweek.com/blogs/stumper/archive/2008/09/09/was-obama-right-to-opt-out-of-public-financing.aspx Andrew Romano, "Was Obama Right to Opt Out of Public Financing?," ''Newsweek'' (Sept. 9, 2008) online]</ref>
Obama is the first presidential candidate to reject public financing. He broke his promise to accept it in the hope that his powerful fund-raising machine would generate far more money than the $84.1 million McCain is getting in public funding. Indeed, on August 14th, the Obama campaign announced it had received donations from 2 million individuals, setting new records. Obama raised $272 million for the primaries and expects to raise $300 million for the general election. However the Republican National Committee has been raising much more than the Democratic National Committee and each candidate had about $100 million in cash on September 1. Each expects to spend about $300 million by November. However, Obama is obliged to devote much of his time to fund raising among supporters rather than campaigning among undecided voters.<ref> see [http://blog.newsweek.com/blogs/stumper/archive/2008/09/09/was-obama-right-to-opt-out-of-public-financing.aspx Andrew Romano, "Was Obama Right to Opt Out of Public Financing?," ''Newsweek'' (Sept. 9, 2008) online]</ref> Among his backers is homosexual pornography baron [[Terrence Bean]].
===Secrecy===
===Secrecy===