Republicans have had their way for far too long. The DNC has been suffering from the battle for the nomination and our future President made the right decision. He cannot rely on 'the system' and RISK the future of our country.
We are taking back our country our own way !
Denver short $11.6M in raising funds for DNC (click here)
Denver Business Journal - by Noelle Leavitt
The Denver 2008 Host Committee revealed Monday that it's short $11.6 million in its fund-raising efforts for the Democratic National Convention that's slated to hit Denver in roughly 10 weeks.
The host committee is under contract with the Democratic National Party to raise $40.6 million by June 16. The committee said that it currently has $29 million in the bank.
"We don't want to make excuses," said Chris Lopez, spokesman for the host committee. "We have another couple of months to finish our fund-raising efforts."
Lopez said that Colorado congressmen, senators, Denver Mayor John Hickenlooper and various organizations are pulling together -- now more than ever -- to raise the $11.6 million that's needed to meet the fund-raising benchmark before the convention in August.
"I don't know that we see it as a shortfall," Lopez said, adding that when the fund-raising deadlines were set, no one could have predicted a hot primary race. The slumping economy also doesn't help, he said.
"We are asking leaders across Denver in securing donations of $52.80," Lopez said.
Obama says no to public financing; McCain throws hissy fit (click here)
Given Barack Obama's astronomical fundraising numbers, it was only a matter of time before he decided to eschew public funds to finance his campaign. From today's Times:
Democrat Barack Obama today rejected public financing for his presidential campaign, changing an earlier stand and becoming the first major party candidate to drop out of the system since it began after the Watergate scandal....Early in the primary season, Obama had said he would use public financing if his Republican opponent did. But that was before the presumptive Democratic nominee harnessed the Internet and became a fund-raising powerhouse.
This move not only makes Obama the first major candidate in more than 30 years to reject public funding (which forbids candidates from raising private funds), but also goes back on his very public indications he would agree to public funding....
