Thursday, February 21, 2008

Money Matters

We are coming to crunch time in the Democratic presidential nomination process. The delegates are pretty evenly split between the two candidates, but Clinton hasn't won any of the last 10 states. Obama is on a roll.

Texas and Ohio may well be the final battle. That means one thing. Money. Big money. And probably money spent to be nasty.

It really does matter to me where that money is coming from. Clinton has put out a call for 100 contributors. They would each kick in $100,000. They can avoid the normal campaign limit of $2300 by working through a Section 527 "Swift Boat" group. This is the Clinton plan. And it may get ugly.

Where the money comes from matters to me. That is one reason I favor Obama. He doesn't take money from special interest PACs. He takes nickels and dimes from regular people. That makes it real hard to compete with $100,000 from an individual. Yet Obama is the top money raiser. As I write this he is closing in on ONE MILLION contributions. Incredible.

We live in a time when it seems like our government is bought and sold by organizations with money. What happened to the little guy? Apparently he is alive and well, and contributing to Barack Obama.

Two good candidates. But one has a new philosophy on how to finance campaigns. One is showing that business as usual in Washington might come to an end. This looks to me like the real deal. This is hope that I can believe in.

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