Jun
23

If Obama doesn’t take public financing, does that actually save taxpayers money?

By bisnis
financing money
Holly asked:


I’m interested if anyone knows how this system works. I know the public financing is supposed to level the playing field for candidates, but if there are 1.5 million donors willing to finance the general election campaign for Obama, why spend the money of ALL taxpayers, including ones who don’t actually support the candidate?

Categories : Elections

10 Comments

1

Have you EVER known a Dem. to save the taxpayers money? lol

2
Paint?Pastel?Princess
June 27th, 2009 at 8:31 pm

He does, they all do lots of people donated money to Obama.

3

Sorry I hav’nt heard of him, they don’t allow TV and radio in here.

4

BHO’s money comes from convicted felons. Nice choice.

5

Yes it saves the government the money that would pay for his campaign. No candidate has ever accepted public financing because it’s all about the money in the general election. The money has never lost, you outspend your opponent, you win. There have NEVER been any exceptions to that rule in presidential general elections.

6

Only if his donors are not taxpayers. However, I see your point. That is why I have always been opposed to the use of public funds for election financing.

The issue now, however, is that both Obama and McCain are on record pledging to use only public funds (back in the beginning of the campaign). What does this say about Obama if he reneges on his pledge?

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7

I don’t really know the details, but it seems that he will save taxpayers money that way, yes.
BUT – Obama will ***** you on your taxes so bad if he wins, that where he gets his funds right now doesn’t matter.
Vote Bob Barr!!!

8

He doesn’t take public money because he doesn’t need it. He will bet more with small contributions but the big thing he has the 503’s which are indirectly funded by people like George Sors, Move on Media matters who are despicable **** groups and can lie all day bout John McCain with no repercussions.

9

Yes it will save the public money

10

It depends. Public financing, in general, would save the taxpayers money, overall. Privately raised donations, oddly enough, mostly wouldn’t, but might in certain situations.

It all depends on where the privately raised money comes from. From the persons own pocket? Saves. From small donations from citizens? Saves money.

In huge donations amounts from special interests and lobbyist or industry-tied groups? Costs many times more than public financing because the elected politicians then give access on legislation, pork barrel spending and earmarks to their influential and important donors. The donors reap greater amounts, many times over, than they contributed by having the public money, the taxpayers’ money, funneled to their coffers.

If the bulk of campaign money comes from the average citizen, like with Obama’s campaign, then the candidate is “beholden” to the average citizen, which is okay. That’s the main reason why I support him. Not that the same interest groups don’t donate to him as others, it’s just that they are diluted and overshadowed when looking at his total pool of money, which means his best interests and selfish perspective would be served by governing for the people.

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