Friday, December 05, 2008
Money politics
The final numbers are out. In case you missed them, Barack Obama raised $745 million in his presidential campaign, crushing John McCain's total ($320 million, including the public money for the general election piece) and all previous fundraising records. Of course, all the usual opponents of "money politics" have taken a vow of silence, probably because Obama's contributions came from "small donors." Oh, wait, no they didn't.
Anyway, expect that massive political fundraising will remain in fashion among the media -- indeed, it will be one metric of a candidate's "legitimacy" -- for at least eight more years.
8 Comments:
By 
, at
Fri Dec 05, 11:54:00 AM:
You mean to say that once a Republican starts to lead in fundraising, we should expect to see the outraged MSM calling for government mandated limits on fundraising, compulsory public financing and the like?
But that would be rank hypocrisy!
By , at
Fri Dec 05, 01:19:00 PM:
By silence do you mean 'Obama, McCain funds equally matched'?
By , at
Fri Dec 05, 02:02:00 PM:
They will not stop moving the goal posts just because they won.
By , at
Fri Dec 05, 02:03:00 PM:
So does the Chicago mob qualify as a small donor?
Dave
By , at
Fri Dec 05, 03:09:00 PM:
Now that it has been established that finance fraud is OK if it's in the service of Democrats, I don't see them calling for limits on fundraising. The Democrats seem A-OK with being financed by Islamic terrorists.
By 
D.E. Cloutier, at
Fri Dec 05, 03:22:00 PM:
"massive political fundraising will remain in fashion among the media"
Of course. The media needs the advertising dollars from political campaigns more than ever. More bucks means more ad sales. In many markets, politicians have to pay top dollar and have to pay in advance.
By smitty1e, at
Fri Dec 05, 04:06:00 PM:
Look, the real problem is the 16th Amendment and the Imperial Fed.
The fact that a RINO was gored on his own wrong-headed legislation has a certain amount of left-handed justice to it.
By , at
Fri Dec 05, 04:23:00 PM:
I love that "evenly matched" article from Politico. Only a completely in-the-tank publication would describe a 30% (plus) advantage as "evenly matched".
