Here’s President Obama back when the Supreme Court blocked a ban on corporate political spending and “Super PACs”:

President Obama called it “a major victory for big oil, Wall Street banks, health insurance companies and the other powerful interests that marshal their power every day in Washington to drown out the voices of everyday Americans.”

Fast forward to yesterday:

President Barack Obama’s campaign is asking top fundraisers to support a Democratic-leaning outside group that is backing the president’s re-election bid, reversing Obama’s opposition to “super” political action committees, which can spend unlimited amounts of cash to influence elections.

The reasoning for the flip:

But Team Obama argued Monday night that it cannot allow for “two sets of rules” in which the GOP presidential nominee benefits from “unlimited spending and Democrats unilaterally disarm.”
[...]
“We decided to do this because we can’t afford for the work you’re doing in your communities, and the grassroots donations you give to support it, to be destroyed by hundreds of millions of dollars in negative ads,” the President’s campaign manager Jim Messina wrote in an e-mail to supporters.

So does this pro-Obama Super-PAC mean a victory for big oil, Wall Street banks and health insurance companies… or is that just when Republicans do it?

Basically Team Obama’s stance all along was to look tough by opposing Super-PACs as long as they weren’t legal anyway. Now that Super PACs are legal, they claim to have to participate in the system in order to compete. It was a very principled stand.

Bottom line: Obama says Super PACs are okay now. So it is written, so it shall be done.

Comments

10 Responses to “Breaking: Super PACs are OK Now”

  1. Dexter_Alarius on February 7th, 2012 12:58 pm

    "Barack Obama’s campaign is asking top fundraisers to support a Democratic-leaning (Super PAC) that is backing the president’s re-election bid"

    Wait. I thought campaigns were not allowed to coordinate with Super PACs. Can someone look into the legality of this?

  2. locomotivebreath1901 on February 7th, 2012 1:17 pm

    "…Team Obama argued Monday night that it cannot allow for “two sets of rules” in which the GOP presidential nominee benefits from “unlimited spending and Democrats unilaterally disarm."

    Uh, OK.

    Kinda like the “two sets of rules” Obama benefited from in 2008 when he snookered McCain into using the highly scrutinized and limited public campaign funding, yet Obama himself opted out of it for the more lucrative and fungible private campaign contributions??

    Barry's permanent campaign rolls on….

  3. Truesoldier__ on February 7th, 2012 1:38 pm

    From what I can tell it is legal to tell supporters about the PAC and that your supporters can send money to them. What would make it illegal is if your campaign either took money in for the Super PAC or gave the Super PAC your donor list.

    Of course the problem with the FEC is that even if you can convince them to do an invetigation (which is rare) and get the committee to vote that there is in fact a violation (the committee is made up of 3 R's and 3 D's) chances are the campaign will get slapped with a fine. Of course the risk vs reward is such that the reward far outweighs the risk. If you pull in $100 million in donations and get slapped with a $100k fine you can see why a campaign would violate the rules and then claim it was an error or some nonesense.

  4. Joe Redfield on February 7th, 2012 2:51 pm

    If El Presidente is reelected and there is some money left over, look for a stealth campaign to repeal the 22nd Amendment.

  5. Pasadena Phil on February 7th, 2012 3:41 pm

    Ninety -five+ percent of all money is going to Obamney and Rombama. Confound the dirty money. Vote 3rd party. If you want to regain control of this country, burn this money.

  6. SignPainterGuy on February 7th, 2012 4:29 pm

    Great point ! We can count on the dems to do it all; legal and not ! They will use money from anywhere it comes, without regard for technicalities, and now that Atlanta, GA Judge Malihi has ruled that since Obama was born in Hawaii, he can be on the 2012 election ballot in GA. ! Oh goody ! :(

  7. Truesoldier__ on February 7th, 2012 4:35 pm

    Has anyone else heard whether or not they have closed the loophole on pre-paid credit cards? Remember Team Obama used that extensively in 2008 to boost his campaign funds.

  8. SignPainterGuy on February 7th, 2012 5:03 pm

    Get real Man ! Locking the "front" door does nothing to the much larger "shipping / receiving rear doors" !!

  9. Truesoldier__ on February 7th, 2012 5:38 pm

    I figured as much. Makes you wonder what great names the cards will be registered to this time around.

  10. SignPainterGuy on February 7th, 2012 8:15 pm

    Mickey Mouse, Dumbo and Goofy worked before; why not again ?!

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