This page has been archived and commenting is disabled.

No Inflation? In 1996 Slick Willie Raised $42.5 Million In Campaign Receipts; In 2011 Obama Plans To Raise $1 Billion

Tyler Durden's picture


A curious factoid: back in 1996, Bill Clinton rasied a total of $42.5 million in campaign receipts. In 2011, Barack Obama is expected to raise up to $1 billion to run his reelection campaign. A nearly 25-fold increase. Ironically, the 15 year CAGR on the price for the presidency follows the price of silver almost tick for tick. Coincidence?

From the Federal Election Commision:



- advertisements -

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Mon, 04/04/2011 - 09:12 | 1131904 ThisIsBob
ThisIsBob's picture

I'd rather have the billion.

Mon, 04/04/2011 - 10:19 | 1132206 TruthInSunshine
TruthInSunshine's picture
Obama's Big Sellout


Dec 10, 2009 ... Obama's Big Sellout. The president has packed his economic team with Wall Street insiders. by Matt Taibbi

Mon, 04/04/2011 - 11:04 | 1132386 VisualCSharp
VisualCSharp's picture

To believe that Obama "sold out," one would have to believe what he was originally promising. I certainly wasn't in that crowd.

Mon, 04/04/2011 - 13:21 | 1133122 j0nx
j0nx's picture


Mon, 04/04/2011 - 12:40 | 1132918 covert
covert's picture

campaign finance through stagflation! with the help of acorn it will work!


Mon, 04/04/2011 - 09:14 | 1131915 Doubleguns
Doubleguns's picture

Maybe now we know where the US silver bullion at the treasury went. Past Presidential elections.

Mon, 04/04/2011 - 09:17 | 1131929 Confused
Confused's picture

A billion? What the fuck is going on. 

Mon, 04/04/2011 - 09:21 | 1131962 High Plains Drifter
High Plains Drifter's picture

I heard that and I couldn't believe the figure.  So the presidency is for sale to the highest bidders?  So, who is there among us that has that kind of money? Hmmm? 

Mon, 04/04/2011 - 09:22 | 1131971 Confused
Confused's picture

Staggering. Really. They grow more bold by the day. 

Mon, 04/04/2011 - 09:33 | 1132025 High Plains Drifter
High Plains Drifter's picture

Yep, its in your face and they don't care what we think. They laugh at us like the fools that we are. They allow us this facade called democracy and voting and they allow it to continue because at this time ,it serves their purposes. They don't give on hoot about any of us and never have. The people who get "elected" to office for the most part, go along just to get along. They know full well what is going on. Even if they don't know when they first hit Washington, after getting elected , they quickly are read the rules of the game and if they refuse to follow the script then someone else takes their place. If they get to be a bit of a problem then they get smoked like Traficant. Everyone in Washington knows where the power lays, but the stupid American people keep doing the same thing over and over. What is the old saying?  The definition of insanity is to keep doing the same thing over and over and expecting a different result. We have done this for a very long time. It is time for a real change and that real change will only come after some serious actions on our part, actions that the American people , at least at this time, are unwilling to even consider, even though such actions , are part of our heritage. We look around the world and we see rebellions breaking out all over the place and we say, how uncivilized they are, but in reality, it was us, yes our forefathers who practically invented such things, yet in the sands of time and history, we have forgotten our roots and so now we are ship cast adrift in a sea filled with enemies both foreign and domestic and nobody cares and nobody notices. How I long for the time when there was clarity and there was no such thing as the color gray.......

Mon, 04/04/2011 - 10:04 | 1132154 Shylockracy
Shylockracy's picture

Voting is the opium of the slaves.

Mon, 04/04/2011 - 10:12 | 1132169 wandstrasse
wandstrasse's picture

got to think about that clarity thing you mentioned. Do you think things were clearer once upon a time? could be...

Mon, 04/04/2011 - 09:27 | 1131995 gordengeko
gordengeko's picture

Justices, 5-4, Reject Corporate Spending Limit

This is what is going on.  Brought to you by your supreme judical system which is bought and paid for by those same very same people(for lack of a better word) that own everything else on this planet.  Yes, 1 billion is guaranteed for the one they call Obama, good luck Ron Paul you are our only hope.

Mon, 04/04/2011 - 09:39 | 1132045 High Plains Drifter
High Plains Drifter's picture

Yes they wear the black robes of the supreme court, yet they do not care one bit about the people and the document they sware to follow. There are no courts in this land anymore and there is no representatation anymore. Yet we continue to play this game of pretend and believe that there is, when there isn't. We call ourselves free, when  we aren't. The gallows should be working now non stop for the traitors in this country are thick as fleas......

Mon, 04/04/2011 - 09:48 | 1132074 G. Marx
G. Marx's picture


If the US government hadn't bestowed upon itself great powers over the nation, especially the economy, who would give politicians dime one? Whiners like you obviously miss the source of the problem and by extension show contempt for free speech (in all probability due to a heavily flawed ideology, if not philosophy). Remove the economic power the politicians have given themselves and watch contributions fall, and fall dramatically. After all, what would the wealthy and powerful then be buying?

Mon, 04/04/2011 - 10:03 | 1132150 gordengeko
gordengeko's picture

lol, "The 5-to-4 decision was a vindication, the majority said, of the First Amendment’s most basic free speech principle — that the government has no business regulating political speech." 

If this is what you believe is the reason for this ruling or that it has anything at all to do with "free speech", I will refrain from further discussing anything else with you.  Good day

Mon, 04/04/2011 - 10:08 | 1132159 TruthInSunshine
TruthInSunshine's picture

Clarence Thomas was in house legal counsel to Monsanto, also.

Take all of the crimes against Americans in, inhaling deeply, and it's no wonder that we're in the sorry ass situation we are.

'Hope & Change' will truly only happen when average people realize that they, acting in concert with other average people, are more powerful than standing armies, when they're motivated sufficiently to simply say "enough."

Mon, 04/04/2011 - 10:22 | 1132214 High Plains Drifter
High Plains Drifter's picture

in house council for monsanto? huh?  that doesn't surprise me.  i was talking the other day to a neighbor and they were telling me about another neighbor not far from me who i never knew, who had been a vietnam vet and had died and i didn't know it. anyway he said that it was caused by agent orange and we started talking about how many vietnam vets have died as a direct result of exposure to this crap. then he told me who manufactured it. monsanto and duponte. isn't that special?  people in this country are so stupid to allow this garbage to continue on and on unabated.

Mon, 04/04/2011 - 10:36 | 1132255 TruthInSunshine
TruthInSunshine's picture

This is an older data point from a still very active and excellent website.

  • Prior to being the Supreme Court Judge who put GW Bush in office,Clarence Thomas was Monsanto's lawyer.

  •  Former  U.S. Secretary of Agriculture (Anne Veneman) was on the Board of Directors of Monsanto's Calgene Corporation.
  • Former Secretary of Defense (Donald Rumsfeld) was on the Board of Directors of Monsanto's Searle pharmaceuticals.
  • Former U.S. Secretary of Health, Tommy Thompson, received $50,000 in donations from Monsanto during his winning campaign for Wisconsin's governor.
  • The two congressmen receiving the most donations from Monsanto during the last election were Larry Combest (Chairman of the House Agricultural Committee) and Attorney General John Ashcroft. (Source: Dairy Education Board)
Mon, 04/04/2011 - 10:46 | 1132313 gordengeko
gordengeko's picture

Rumsfield - GD Searle - Aspartame - dumb downed populous

No conspiracy to see here folks, move along and get that voter card ready for obama and the change (of the human species).

Mon, 04/04/2011 - 11:53 | 1132679 Amish Hacker
Amish Hacker's picture

Don't forget Rumsfeld - Gilead - Tamiflu - dumbed-down populace.

Mon, 04/04/2011 - 13:18 | 1133109 barkster
barkster's picture

let's not omit the clintons ties to Monsanto...

Mon, 04/04/2011 - 16:26 | 1134173 Amish Hacker
Amish Hacker's picture

Nice link, and let's complete the circle. Michael Taylor, the Monsanto lawyer that Bill Clinton appointed to FDA, (leading to FDA approval of Monsanto's rBGH) was just given a job at the USDA by---wait for it--- Pres. Obama.

This is being sold as "change we can believe in."

Mon, 04/04/2011 - 12:27 | 1132861 JW n FL
JW n FL's picture
by gordengeko
on Mon, 04/04/2011 - 10:46


Rumsfield - GD Searle - Aspartame - dumb downed populous

No conspiracy to see here folks, move along and get that voter card ready for obama and the change (of the human species).


That was the most moving and informative video I have seen in decades.. If I said Thank You it would not impart the amount of gratitude I have for you.

I Sincerely Thank You and I hope that Everyone Watches and Learns from this Video. There were parts that exactly fit me, for instance the Milk Consumption as a child and violence.. sugar intake..

But even if you dont watch the video and you dont believe in shuch popie cock.. Please go buy some good Omega 3 Pills and take them, it should be mandatory for all in Fight Club!

God Bless You and Yours gordengeko, JW 

Mon, 04/04/2011 - 13:58 | 1133328 gordengeko
gordengeko's picture

No problem JW, it's just a shame more out there don't fully comprehend the magnitude of the power bio-company Monsanto.  This company is by far the most evil and insidious company on the planet.  They own everything food and their goal is simple, the destruction/transformation of the human race.  Much more dangerous than GS, JPM or that Red Shield over in Europe.

God bless and God speed to you as well. 

Mon, 04/04/2011 - 10:35 | 1132269 gordengeko
gordengeko's picture

Kevin O'leary even said it on the last episode of shark tank.  "I have the phone numbers to the FIVE people that control this planet."  The only ones that are ignorant are the middle and lower class that buy into the garbage the media spews.  BTW shark tank is an excellent show, shows you the mindset of the elite, all about the money.  They can steal the ideas of the low income ignorant schmucks for pennies. 

Mon, 04/04/2011 - 11:49 | 1132643 G. Marx
G. Marx's picture


So you really have no position from which to argue and use your responce to skip over my main point? Bravo, another example of deep thinking from the authoritarian left.

Mon, 04/04/2011 - 14:01 | 1133340 gordengeko
gordengeko's picture

I'm not an authoritarian left, right or anything political.  Dumb down your question for me and I'll answer it.  We are obviously on two different frequencies here.

Mon, 04/04/2011 - 10:02 | 1132145 duo
duo's picture

GE+SEIU+UAW+Phama = $1B

I'm doing my part.  No GE anything, no cars built by UAW workers, no drugs except asprin/ibuprofen and I live in a non-union state.

Mon, 04/04/2011 - 10:32 | 1132245 earnyermoney
earnyermoney's picture

You left off FIRE. You need FIRE to reach 1 Billion.

Mon, 04/04/2011 - 09:49 | 1132076 Papasmurf
Papasmurf's picture

The best government money can buy.

Mon, 04/04/2011 - 09:18 | 1131936 LawsofPhysics
LawsofPhysics's picture

Perhaps we are getting at the root of the problem.  Ending lobbying might go a long way towards reconnecting the people with their government too.

Mon, 04/04/2011 - 10:59 | 1132367 Agent P
Agent P's picture

Hear hear!

Mon, 04/04/2011 - 09:17 | 1131937 HamyWanger
HamyWanger's picture

Another excuse for libertarian bigot conspiracists to tell that Obama is funded by Rothschild, JP Morgan or the "zionistas"... 

Mon, 04/04/2011 - 09:21 | 1131963 Josh Randall
Josh Randall's picture

you're such a Douche

Mon, 04/04/2011 - 09:24 | 1131968 High Plains Drifter
High Plains Drifter's picture

Instead of attempting to agitate, why don't you add to the discourse? Is that all you got?

Mon, 04/04/2011 - 09:55 | 1132110 tmosley
tmosley's picture

"HAMY" Wanger.


Mon, 04/04/2011 - 09:18 | 1131943 101 years and c...
101 years and counting's picture

Buying a president is now just a cost of business for many TBTF companies....around the globe.


Mon, 04/04/2011 - 09:23 | 1131979 SheepDog-One
SheepDog-One's picture

I dont get why they care, they could put anyone in there to do whatever, and who's going to challenge them anyway? No one in this country certainly.

Mon, 04/04/2011 - 09:21 | 1131954 High Plains Drifter
High Plains Drifter's picture

It finally came to me why so many people are hating on Barack Obama.

He ain't white, he ain't rich and he ain't priviledged......

I am sick of negros who just don't get it...

Mon, 04/04/2011 - 09:39 | 1132046 LowProfile
LowProfile's picture

Mmm...  Two out of three ain't bad.

Mon, 04/04/2011 - 11:52 | 1132661 SilverFiend
SilverFiend's picture

While he is not among the super rich I would contend that a large majority of Americans would classify Obama as being rich with assets between 2.2 and 7.6 million.

Mon, 04/04/2011 - 13:26 | 1133144 trav7777
trav7777's picture

huh?  we have an entire MONTH devoted to celebrating black people for things they didn't really do.  An entire entertainment industry dedicated to propagating images of them that aren't representative, and a news media that won't disclose the race of a criminal if they happen to be black (speak no evil).

And Obama is rich as are you talking about?

Mon, 04/04/2011 - 09:22 | 1131969 SheepDog-One
SheepDog-One's picture

Need ideas on other good countries to live in, hows Guatemala I heard its nice. Get a grass hut and forget all this utter insanity.

Captcha- 4x34= 136. 'Captcha answer can not be over 2 digits and is currently 3' someone let me out of here!

Mon, 04/04/2011 - 09:54 | 1132115 Vagabond
Vagabond's picture

Guatemala is beautiful and the people are nice, it's a good choice.  Belize is nice too and native language is English.  There is more crime there however.  Uruguay is another good country to look at.

Mon, 04/04/2011 - 10:29 | 1132237 earnyermoney
earnyermoney's picture

I've wondered about Uruguay with it's close proximity to Brazil and Argentina. Any suggestions on where to visit if you were planning a vacation?

Mon, 04/04/2011 - 13:27 | 1133157 barkster
barkster's picture

Half of Uruguay's 3.5 mln population lives in Montevideo. For a first visit, I would suggest staying in the Pocitos neighborhood. Be sure to take a side trip to Punta del Este. You can fly to MVD or you can take a ferry from Buenos Aires if you are doing a bigger tour. (hope you like beef)

Mon, 04/04/2011 - 16:17 | 1134113 Dollar Damocles
Dollar Damocles's picture

I'm in Montevideo right now taking spanish classes.  I have to say that it is a great city, the weather is fantastic and it is relatively clean.  Tree lined streets, beautiful architecture, beautiful women.  A few negatives IMO are the lack of mountains, and the lack of variety of the food.  I'm not a big fan of italian, and basically they have pasta here or steaks and french fries...  Also, it is most definitely not cheap here.  The average cost of a meal is 200-300 pesos (10-15 US dollars) and books are rediculously expensive.  Love montevideo, but am definitely going to keep on exploring before I pick a place to settle down in.

Mon, 04/04/2011 - 11:59 | 1132717 hardcleareye
hardcleareye's picture

LOL  yeah it's done that to me too, put a neg sign in there and it gets even more entertaining!

Mon, 04/04/2011 - 09:24 | 1131972 bigking12345
bigking12345's picture

gee, wonder why the media loves him?

Mon, 04/04/2011 - 09:25 | 1131977 Oh regional Indian
Oh regional Indian's picture

One billion fast depreciating dollars.

it matters not much I guess. it will be spent on NBC and ABC and all the other MSM outlets. Everyone's happy in the big fat circle-jerk.

of course the winner has already been decided. A long time ago. And no, I'm nto telling who.


Mon, 04/04/2011 - 09:48 | 1132073 High Plains Drifter
High Plains Drifter's picture

Are we at the point yet, where the deflation argument is now dying on the vine?

Mon, 04/04/2011 - 09:59 | 1132128 SilverBaron
SilverBaron's picture

The things that are deflating are the things that were in a massive bubble. (houses)

Mon, 04/04/2011 - 10:01 | 1132132 tmosley
tmosley's picture

We passed that point a long time ago.  Not that that means anything to deflationists.

They'll just redefine the word over and over again until they are "right", while continuing to ignore gold and silver.

Mon, 04/04/2011 - 13:34 | 1133189 barkster
barkster's picture

as HPD says, it is all in how you define things. if your currency of reference is fiat, then we are in inflation (real estate aside). if your reference is precious metals, then we are in deflation.

Mon, 04/04/2011 - 12:00 | 1132728 Amish Hacker
Amish Hacker's picture

Since the winner, once again, will be the one who spends the most money, wouldn't it be easier just to count the money and dispense with the voting altogether?

I notice that most people here, upon hearing about the billion dollar price tag, see it as money that will have to be spent. But, of course, the MSM see it as income.

Mon, 04/04/2011 - 09:23 | 1131978 critical tinkerer
critical tinkerer's picture

There is a book called:"A Retrospect of the Boston Tea Party with a Memoair of George R T Hewes, a Survivor of the Little Band of Patriots who Drowned the Tea in the Boston Harbor in 1773". Watch the video from RT about it with some excerpts.

Mon, 04/04/2011 - 10:04 | 1132143 lsbumblebee
lsbumblebee's picture

Thanks for sharing. We can learn much from those old books.

Mon, 04/04/2011 - 09:27 | 1131985 Homey Da Clown
Homey Da Clown's picture

Did they ever determine where all those millions originated from in 2008 for Obama? I heard most of it came from overseas.

Mon, 04/04/2011 - 10:24 | 1132230 earnyermoney
earnyermoney's picture

You mean the .75 billion he raised in 2008? It came from the overwhelming number of registered democrats on Wall Street. The chump change came from oversees.

These criminals on Wall Street hove received and will continue to receive a nice retrun on their investment.


Mon, 04/04/2011 - 09:27 | 1131988 lsbumblebee
lsbumblebee's picture

O'Bomber has proven himself a friend of Wall Street/Zionist Israel, so he should get a second term if he can out-toady Sarah Palin, Mike Huckabee, etc.

Mon, 04/04/2011 - 09:50 | 1132085 High Plains Drifter
High Plains Drifter's picture

at this point, i figure he is good to go for a second term. some might say, how can this be?  but , i suggest you just watch and see what happens.

Mon, 04/04/2011 - 09:31 | 1132012 Seasmoke
Seasmoke's picture

i think Donald can Trump that ....he may file for Bankruptcy after the Election but he can beat that $1 billion

Mon, 04/04/2011 - 09:32 | 1132013 critical tinkerer
critical tinkerer's picture

When reading between the lines of this video only conclusion is that destruction of the Tea was organised by The Company. The ease and well organised action shows who is the real organiser. The action that later on turned against the Company. 

Mon, 04/04/2011 - 09:48 | 1132080 Seasmoke
Seasmoke's picture

thats pretty much what i understood as this correct ?

Mon, 04/04/2011 - 10:05 | 1132156 critical tinkerer
critical tinkerer's picture

Only way that it would be incorect is if the book is fake, which would be easy to do since it's "only surviving book" and Hartman is a NSA operative. On the other hand, the complicated story details from the period are the most difficult to plan, control and execute. And we know the story to be true, this only connects all the facts.

Mon, 04/04/2011 - 09:40 | 1132044 ParaZite
ParaZite's picture

1 Billion, for a job that pays roughly 200K. Am I the only person who can smell the corruption and corporate buy offs in that simple truth?

Mon, 04/04/2011 - 09:44 | 1132062 TruthInSunshine
TruthInSunshine's picture

Because Theatric Productions are expensive, bitchez!

And that's what ObaNero and his Wall Street Criminal Overlords are bringing to the middle class; a Greek Tragedy, where the middle class dies, bitchez.

Mon, 04/04/2011 - 09:56 | 1132117 chinaguy
chinaguy's picture

Obama is the perfect, spineless, malleable sock puppet.

TPTB will not take a chance, therefore, Obama will be re-elected

Mon, 04/04/2011 - 10:05 | 1132140 lynnybee
lynnybee's picture much as i love ZEROHEDGE, all the great reading, posting of comments & just the best education ..... the very best reading is about BILL CLINTON & ROBERT RUBIN .    Criminality at it's best .     The day ROBERT RUBIN is in the slammer is the day I'll breathe easy again & have hope for the future of this country.

Mon, 04/04/2011 - 11:11 | 1132411 VisualCSharp
VisualCSharp's picture

You think just one man is the cause of the upheaval the world is currently experiencing? My friend, you have a lot to learn.

Mon, 04/04/2011 - 12:05 | 1132745 hardcleareye
hardcleareye's picture


Mon, 04/04/2011 - 10:02 | 1132142 neutrinoman
neutrinoman's picture

What it means is that our President, like silver, has been in a bubble. Unlike silver, Obama's bubble is already over, only he doesn't know it.

And remember that the root of Twitter isn't "wit," but "twit."

Mon, 04/04/2011 - 10:07 | 1132151 Dr. Porkchop
Dr. Porkchop's picture

Citizins United vs. Federal Elections Commission.

That decision officially put the last bullet in democracy in the US. The midterm elections that occured post-decision set a spending record. This Presidential election will make it look like small time. Elections are now so blatantly for sale and ripe for manipulation through media campaigns. All a group has to do is march into a candidate's office and dictate their terms. The mere threat of them spending obscene money on attack ads is enough to sway any reluctant candidate who might still have some ethics.

I don't know how a country that allows its politicians to spend over 50% of their time in office campaigning for the next election, expects to accomplish anything meaningful.

You might as well not vote. Just stay  home, clean your weapons and prepare for the revolution.

Mon, 04/04/2011 - 10:07 | 1132161 Wm the Shrubber
Wm the Shrubber's picture

It it truly a sad state, but expatriation is looking better all the time!

Mon, 04/04/2011 - 10:12 | 1132180 TexDenim
TexDenim's picture

$1 billion for BOzo's political campaign is an obscenity.

Mon, 04/04/2011 - 10:23 | 1132219 the grateful un...
the grateful unemployed's picture

Goldman Sachs and CalPers were two of Obama's top contributors. Fully expect the squid to keep the ink coming, and CalPers is a little more dicey. The largest pension fund threatened, (is that the right word?) to lower its investment goals a 1/4%, which would bankrupt the state of CAL. its frightening to think about, and the other reason we bailed out the banks. by trimming their investment goals, a simple 1/4 point the CA pension fund sends a ripple through the nearly bankupt (democratic) state, (and the nation). and who is CalPers going to contribute money to, or Goldman for that matter, who frontruns the pension fund with their primary tentacles. when the market crashed in 2008, the people said no bailout, then THE PEOPLES pension fund spoke up, we can't afford even one measly 1/4 point less in profit, get it. should the house of cards fall this is where it starts, and they pull the money out of from under Obama, and give it to someone else, someone who promises endless bailouts, and a rate of return entirely unrealistic in the current recession.

subfootnote: Gov Jerry Brown has been working with the state GOP to put a tax extension on the ballot, to let the voters decide. at issue is the state solvency, but  the 800 lb gorilla is the pension fund, whose shortfall, and 1/4% amounts to rather large shortfall,  must be made up from state funds. but the Governor is willing to tackle the problem.

,all of this feeds the trough in Washington, if you get the drift. Brown would tackle the pension fund problem, even if it meant cutting off his friends in Washington. we all know the story of the butterfly in central america who beats his wing and sets in motion a wind that turns into a hurricane. this is worth watching, and Brown really could care less if Washington gets their blood or campaign money.

Mon, 04/04/2011 - 10:32 | 1132249 Dr. Impossible
Dr. Impossible's picture

It costs a billion dollars to hide a birth certificate now?????   wtf

Mon, 04/04/2011 - 10:42 | 1132299 Dr. Porkchop
Dr. Porkchop's picture

I hope Palin wins. It will give everyone someone new to bitch about, and the outtakes will be hilarious.

Mon, 04/04/2011 - 11:20 | 1132470 gkm
gkm's picture

More likely its just good marketing.  A vote for him is a vote for four more years of unfettered bankster shangrila.  Make it rain.

Mon, 04/04/2011 - 11:57 | 1132705 LostWages
LostWages's picture

Good to know we will still have the best politicians money can buy.

Mon, 04/04/2011 - 12:37 | 1132904 alangreedspank
alangreedspank's picture


I always knew politicians were like any other commodities; traded on the floor of the POLEX


Mon, 04/04/2011 - 12:52 | 1132989 AldoHux_IV
AldoHux_IV's picture

Why don't we have elections that cost nothing so anyone with decent ideas can run for president-- why does it have to be who can sell his/her soul to the highest bidder?

Mon, 04/04/2011 - 13:16 | 1133108 the grateful un...
the grateful unemployed's picture

plan B: the FCC nationalizes portions of the media airwaves, free airtime for candidate debate. in exchange for a tax break of sorts. Nobody can buy time. There would be a series of runoffs, to winnow down the field.

plan B primed: Candidates would have to list at least 5 policy statements, to which they would be held, under threat of impeachment. A candidate who is elected is on probation.

plan double B primed: Spending and taxation would be a direct referendum. If the voters spend more than they raise in taxes, then there has to be some from of resolution, or the government shuts down.

Corporations can be deemed to be either public trusts, or private enterprises. A list of criteria are developed, which determines the tax rate, low for public trusts, higher rates for for profit, and the liability, environmental, and social. 

unfortunately every poltiician is busy defending some special interest, including his own reelection, so they are too busy to desgin a fair and open system which benefits everyone.

Mon, 04/04/2011 - 15:36 | 1133883 Anonymouse
Anonymouse's picture

The difference is Clinton was able to get all kinds of money China donated via bags of cash through the likes of Charlie Trie.  China is reducing their investment in the US and so will not be funnelling that kind of money to Obama.

So he has to raise more money domestially.  Quite a relative disadvantage.

So indirectly, commodities might be an indicator as they demonstrate lack of confidence in US, and are reflected in reduced Chinese contributions.

Mon, 04/04/2011 - 15:51 | 1133970 Johnny Lawrence
Johnny Lawrence's picture

Funny how these politicians can raise this type of money when it serves their own purposes.

Mon, 04/04/2011 - 18:58 | 1134782 PulauHantu29
PulauHantu29's picture

Can Mr O beat "The Donald?" After all, Mr O has closed Guantanamo, ended all those nasty wars over thar, created jobs, saved the financial system from complete collapse, brought Hope 'n Change to all, and won the Nobel Peace Prize.

How can Mr O lose?

Sun, 04/10/2011 - 00:56 | 1154465 thames222
thames222's picture

The Taibbi article is really insightful actually, my roommate posted the political cartoon that accompanied it in our spot because he loved the article so much.  The whole system of politics and the money involved in it is sickening to the core...

Do NOT follow this link or you will be banned from the site!