Image details: Obama Campaigns At Virginia School served by picapp.com
Over the weekend, Politico ran a great run down on 5 presidential campaign cash myths. I found one particularly interesting: the fact that lobbyists and PAC aren’t exactly big spenders in presidential campaigns despite all claims to the contrary.
Obama has encouraged this idea to tout his refusal to accept
contributions from federal lobbyists and political action committees
and criticize McCain’s unwillingness to follow suit.
But lobbyists and PACs historically have not been major contributors to
presidential campaigns, and this cycle has been no different.
According to the Center for Responsive Politics, McCain through May had …read more

Image details: Barack Obama Campaigns In Virginia served by picapp.com
Barack Obama is in a position to tell the Democratic National Committee what to do — as the party’s nominee, he gets to run the campaign his way. It looks like Obama’s way includes some very set opinions on how fundraising is to be handled.
Just as Obama’s own campaign will not accept donations from lobbyists or political action committees, the DNC has been informed that they will not either. Obama announced:
We will not take a dime from Washington lobbyists or special interest PACs. They will not fund our campaign, they will …read more

I’m waiting with bated breath for the FEC to release the fourth quarter filings of presidential candidates finances. They were due yesterday, but could take up to a month to actually get out to all of us curious folk. In the meanwhile, we’re still working off of information from last September when looking at finances.

Barack Obama is today’s focus. The breakdown of his funding is very interesting: Like most candidates, he hasn’t taken federal funds, and he hasn’t self-financed his campaign (Mitt Romney remains the only candidate heavily subsidizing his own campaign). But Obama has taken almost no funds from …read more