merrie says: Obama$$$money from oil companies? Two oil industry executives are bundling money for Obama – drumming up contributions from individuals and turning them over to the campaign. George Kaiser, the chairman of Oklahoma-based Kaiser-Francis Oil Co., ranks 68th on the Forbes list of world billionaires. He's listed on Obama's Web site as raising between $50,000 and $100,000 for the candidate. Robert Cavnar is president and CEO of Milagro Exploration LLC, an oil exploration and production company. He's named as a bundler in the same category as Kaiser. We're not making any judgments about whether Obama is influenced by campaign contributions. In fact, we'd note that he singles out ExxonMobil in this ad, even though he's received more than $30,850 from individuals who work for the company. But we do think that in theory, contributions that come in volume from oil industry executives, or are bundled by them, can be every bit as influential as PAC contributions, if not more so. Let's see $213,000 from individuals who worked at oil, gas, companies ---- NOT OIL COMPANIES themselves as the graph kind of misleads. Real quick before going on - John McCain oil related contributions $393,835. 70% of all oil contribution went to Republicans. Now where was I. Obama raised $50 Million in March or February, one or the other. $213,000 divided by $50,000,000 dollars equals..... drum roll please ...... less than one-half of 1%. This is truly a non-issue fishing expedition by the terrified rightwing. |
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