Got a Billion? Buy a President


	Got a Billion? Buy a President

Eaglewings

3-28-2008 3:16 PM

651 views

tags:

president, election, campaign, finance, reform, billion

Eaglewings says:

Merit and honor no longer are the deciding factors in a Presidential election. Who has the biggest war chest seems to be the deciding factors anymore. If you got a billion go be president.

So much for looking out for the little guy.

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://www.clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/c59b1b3c-6879-40e5-987c-90904fd5e779/F95D2BC1-1862-48FC-B44C-D7A9DF40E1FD/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.iht.com/articles/ap/2007/04/08/america/NA-POL-US-Election-Money.php" href="http://www.iht.com/articles/ap/2007/04/08/america/NA-POL-US-Election-Money.php" style="font-size: 11px;">www.iht.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.iht.com/articles/ap/2007/04/08/america/NA-POL-US-Election-Money.php"><P><STRONG>WASHINGTON:</STRONG> U.S. presidential candidates have announced their record-breaking fundraising results for the first three months of a longer-than-usual campaign. The totals point to what many expect will be the first-ever billion-dollar (€750 million) election.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.iht.com/articles/ap/2007/04/08/america/NA-POL-US-Election-Money.php"><P>Republicans and Democrats reported over the last week that they had raised more than $120 million (€90 million), and two Democratic candidates, Sens. Hillary Rodham Clinton and Barack Obama, raised more than $50 million (€37 million) between them.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.iht.com/articles/ap/2007/04/08/america/NA-POL-US-Election-Money.php"><P>While the figures are astounding, the mostly private campaign finance system currently in place virtually demands that candidates raise vast amounts early and never let up.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.iht.com/articles/ap/2007/04/08/america/NA-POL-US-Election-Money.php">Legislators tried in the 1970s to reverse the growing importance of money by providing a limited system of public financing for the general election by offering matching funds from the federal government for candidates who agree to cap their spending at a specified level.</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.iht.com/articles/ap/2007/04/08/america/NA-POL-US-Election-Money.php">Top candidates have begun opting out of that system,</blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/F95D2BC1-1862-48FC-B44C-D7A9DF40E1FD/blog/" title="blog or email this clip"><img src="http://content7.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>