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:

It’s true!

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:

https://twitter.com/s_thorn/status/277099736106930176

https://twitter.com/RayHarrellMU/status/277100227159265280

https://twitter.com/MatthewHolmes4/status/277099054834536448

He’s not a hypocrite; he’s evolving!

That’s right. It’s all about change.

https://twitter.com/janeariel2/status/277139214926245888

https://twitter.com/StephenPytlik/status/277096980604395520

Don’t bet on it. But, to be fair, some lefties are disappointed with the president’s apparent moral about-face:

*Sniff*

Meanwhile, this conservative has found a silver lining in Obama’s reversal:

Heh.

  • PAttyconservatopia

    He will accept dirty corporate profits for his inauguration, but wants to amend our constitution because of SCOTUS Citizens United decision.

    • http://www.facebook.com/people/Marcy-Cook/1001619613 Marcy Cook

      My thoughts exactly!

  • http://twitter.com/murgatr0id GTJessop

    Yeah, Hashtag Funtime… #ObamaInaugurationSoundtrack

  • Conrad2010

    Ya gotta be shitting me!!!

  • Guest

    This asshole wants The Congress to give him a blank check. WTF! IS WRONG W/THIS PICTURE PEOPLE

  • http://pennyrobinsonfanclub.net/ PennyRobinsonFanClub

    Somebody up in the tweets caught it exactly: “protection racket.”
    “We’ll accept unlimited donations. And we’ll be counting.”

  • HARP2

    And the media just look the other way.

    PATHETIC.

    • http://twitter.com/Daisy761 Daisy76

      To them this is perfectly acceptable. No dirt to find here. Move on, people.

  • HARP2

    And the media just look the other way.

    PATHETIC.

  • stuckinIL4now

    Can we now declare Obutthead as the first ho’ president cuz he a money ho’ who’ll take it from whoever. Hey, maybe those corporations could pay for his lavish extravagant Christmas vacation, too.

  • stuckinIL4now

    Can we now declare Obutthead as the first ho’ president cuz he a money ho’ who’ll take it from whoever. Hey, maybe those corporations could pay for his lavish extravagant Christmas vacation, too.

  • coreopsis has set in

    Oh snap! Free Twinkies and Papa John’s pizza. I’m there!

  • coreopsis has set in

    Oh snap! Free Twinkies and Papa John’s pizza. I’m there!

  • http://twitter.com/Daisy761 Daisy76

    He has flip-flopped on so many things: The hope and change became playing by the old book. Transparency in government became opacity and secrecy. Setting a cap on corporate contributions became no-limit. Let’s just call him the Flip-flopper-in chief!

  • Juanita Estrada

    Donations are protection money and bribes for dems

  • Matthew Sullivan

    He is in his second term. He has accomplished all he has set out to accomplish. He doesn’t have to worry about a reelection or worry about appearing as if he gives a shit.
    He will get all he can get out of this. He will be on vacation for the next four years. He will play as much golf as possible and he has a permanent income until he dies. Now he can be himself. The spinners are going on the WH Limos.

    • Matthew Sullivan

      These are the facts.

  • Glenn Mayton

    He’s no different from that guy Morsi in Egypt.

  • RIChris

    And he’s making a list and checking it twice. Those corporations that do not donate can expect scrutiny from any one or two of the agencies that best corresponds to their businesses; IRS, DOJ, HHS, AFT, EPA, FBI, CIA…. God Bless Omerica.