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Obama Takes Soft Money For Convention

By NancyA on August 17, 2008 at 12:55 PM in Barack Obama, Campaigns & Campaign Financing, Democratic National Convention, Democratic Nomination, Democratic Party, Obama

Pepsi Center According to the Los Angeles Times Obama is soliciting “soft money” to meet fundraising goals for the convention despite the fact he vowed to to reform convention funding.

The Denver Host Committee by mid-June once again fell short of the $60 million dollars needed for the convention by $11.6 million. So, Obama’s campaign took charge and began offering “sweetheart” deals in exchange for donations of up to a $1 million dollars each. Who are they soliciting? Labor unions and others.

What kind of “sweetheart” deals do they get? (Nothing a regular citizen will see).

Here is what the campaign is offering, stadium skyboxes for Obama’s acceptance speech and other perks.

And some of the donors get special bundles of perks, including use of the party suites at Denver’s Invesco Field, as well as special policy briefings by Obama advisors, choice hotel rooms and party invitations. Here is what you get for a $1 million dollar donation, Those paying the $1-million price tag will get skybox tickets for 25 people and an additional 50 regular tickets to Invesco Field. Some others will get occasional access to skyboxes at the Pepsi Center, where the rest of the convention will take place. Donors will also have access to private parties and receptions.

The problem with Obama taking “soft money” for the convention, he has once again flipped on a promise, a vow to reform convention funding.

What was his excuse for taking “soft money”? The Denver Host Committee was facing a budget shortfall and the Democratic National Committee (DNC) is facing a large deficit in the Democratic National Convention budget.

So Obama what is the truth? Are you for reform or aren’t you for reform? We don’t really know the answer to these questions, probably never will, since the answers change everyday to all his “policies”. What we are almost certain of Obama’s “word” means little! And definitely not enough for him to be our President!