Politico: "President Barack Obama will accept unlimited corporate donations for his inauguration in January"—
Charlie Spiering (@charliespiering) December 07, 2012
Obama's inaugural committee will lift ban on corporate contributions.—
Aaron Blake (@FixAaron) December 07, 2012
Four years ago, President Obama capped donations for his inauguration at $50,000. But these days, it seems that’s just not gonna cut it:
Sources say the new decision is driven by pragmatism: The president and his team just wrapped up the most expensive campaign in history — with costs topping $1 billion — and they’ve determined that their donors are simply tapped out.
The inaugural fundraising team will be screening each corporate donation. Those determined to pose a conflict of interest will be returned. For example, any company that still owes stimulus money or is vying for a big federal contact may be excluded.
We’re sure the donors will be screened very, very carefully.
Politico’s Donovan Slack also notes that ”this isn’t the president’s first reversal from a previous stance on contributions. After nearly two years of blasting super PACs for their involvement in politics, as the election ramped up in February he announced he wouldn’t mind his supporters writing multimillion-dollar checks to the groups.”
Hmmm … funny, that. Conservatives were quick to notice this latest example of Obama’s intellectual inconsistency when it comes to money in politics:
He’s not a hypocrite; he’s evolving!
That’s right. It’s all about change.
So Obama is accepting unlimited corporate donations for his inauguration. But yet he is supposedly against corporate donations.—
Chase Johnson (@MorganChase22) December 07, 2012
President Barack Obama will accept unlimited corporate donations for his inauguration in January. Give me a Break!!!—
MBAssociates (@MBACampaigns) December 07, 2012
Things have changed NOW Obama will take corporate money for his inauguration. My my my….he wants that corporate money now.—
Jackie Neal (@JackieNeal1028) December 07, 2012
I guess Obama feels that limits on unlimited corporate money in politics are like limits on using drones: good for the other guy.—
Micah Sifry (@Mlsif) December 07, 2012
“Obama will accept unlimited corporate donations for his inauguration” So Democrats are going to stop bitching about Citizens United?—
Stephen Pytlik (@StephenPytlik) December 07, 2012
Don’t bet on it. But, to be fair, some lefties are disappointed with the president’s apparent moral about-face:
Meanwhile, this conservative has found a silver lining in Obama’s reversal:
Following Obama's lead, I am also now willing to accept unlimited corporate contributions.—
Tom Giovanetti (@tgiovanetti) December 07, 2012