Discover Yahoo! With Your Friends

Explore news, videos, and much more based on what your friends are reading and watching. Publish your own activity and retain full control.

To get started, first

YOUR FRIENDS' ACTIVITY

    PROMISES, PROMISES: Obama embraces 'super PAC'

    WASHINGTON (AP) — In a reversal, President Barack Obama is embracing the big-money fundraising groups he assailed as a "threat to democracy" on the grounds they let money corrode elections. His shift is a pragmatic move to win re-election, and a concession that his team had no choice but to catch up and go along with today's supercharged rules.

    Swamped by outside Republican groups in fundraising so far, Obama belatedly decided to give his blessing to so-called super PACs, which can accept unlimited donations from corporations, labor unions and wealthy individuals. Both Obama's campaign and the White House maintain that the president does not support today's rules but realized belatedly he must play by them to give himself a competitive chance at a second term.

    "He's not saying that the system is healthy or good," said Obama spokesman Jay Carney, who was pressed repeatedly about whether Obama's move was hypocrisy. "He is making the decision, his campaign is making the decision, that the rules are what they are. And they cannot play by a different set of rules than Republicans are playing."

    That's not consistent with what Obama has said about the groups, though. And now, by putting strategy above all else, Obama opened himself to criticism that he had compromised on principle and succumbed to the rules of the same Washington game he pledged to change.

    Obama has opposed the Supreme Court's 2010 decision in the Citizens United case. It stripped away certain limits on campaign contributions and led to the explosion of outside fundraising groups, which can receive donations from non-profit groups that conceal donors. The new super PACs can't coordinate directly with campaigns but have already played a major role in the Republican primary contests, supporting millions of dollars' worth of negative advertising in Iowa, South Carolina and Florida.

    During his 2010 State of the Union speech, Obama accused the Supreme Court of reversing "a century of law that I believe will open the floodgates for special interests — including foreign corporations — to spend without limit in our elections."

    Months later, campaigning for Democrats before the 2010 midterm elections, Obama railed against corporate interests spending money directly to sway federal elections, calling it a "threat to our democracy." He urged supporters in his hometown of Chicago that fall to "fight their millions of dollars with millions of voices."

    Obama has now flip-flopped on campaign finance for a second time in as many campaigns after vowing to rein in the role of big money in politics. Four years ago, he broke a pledge to accept taxpayer money from the public financing system and agree to accompany spending limits if his Republican opponent did. The move helped Obama financially overwhelm Republican John McCain and capture the White House.

    This time, Obama's campaign is urging its top donors to support Priorities USA Action, a super PAC led by two former Obama aides that has struggled to compete with the tens of millions of dollars collected by Republican-backed outside groups. Campaign officials confirmed Tuesday that the president had personally signed off on the decision.

    Former Sen. Russ Feingold, D-Wis., a champion for campaign finance reform, said Obama was "wrong to embrace the corrupt corporate politics of Citizens United through the use of super PACs — organizations that raise unlimited amounts of money from corporations and the richest individuals, sometimes in total secrecy. It's not just bad policy; it's also dumb strategy."

    Republicans jumped on Obama's embrace of the super PACs and made clear they would use it against him. "Just another broken promise," House Speaker John Boehner, R-Ohio, said of Obama's decision.

    Obama's team defended the decision, saying they were simply playing by the new campaign finance rules and could not allow themselves to be deluged by Republican attack ads financed by outside groups.

    Campaign manager Jim Messina said the president's campaign "can't allow for two sets of rules" in which the Republican presidential nominee benefits from "unlimited spending and Democrats unilaterally disarm," a telling reference to what amounts to a political war of advertising.

    Messina made clear there were limits to Obama's blessing. Senior campaign officials, along with some White House officials and Cabinet members, would attend and speak at fundraising events for Priorities USA Action but would not directly ask for money. The officials would only speak at fundraising events that disclose donors.

    The president, Vice President Joe Biden and first lady Michelle Obama would not be part of the effort and would remain focused on Obama's campaign, officials said, arguing that it contrasted with Republican front-runner Mitt Romney's appearance before an outside group supporting him.

    At the White House, Carney deflected charges that the president's shift was hypocritical, insisting Obama's opinion on super PACs and the Supreme Court ruling in the Citizens United case had not changed. "He takes a dim view of it," Carney said. "He will continue to press for change even if it requires a constitutional amendment."

    Asked whether Obama wrestled with the decision, Carney said, "I think you can divine that, that this is a decision that was carefully considered, by the fact that it's February of 2012 and you've already seen in the Republican Party how much money is being raised by these organizations."

    Days before the campaign's announcement on the super PACs, Obama bemoaned the influence of big money in presidential campaigns in a weekend interview with NBC News, saying the Supreme Court's decision had made outside money an unavoidable part of the political process. "It is very hard to be able to get your message out without having some resources," Obama said.

    Obama's campaign has voluntarily released the names of its top donors and criticized Republicans for not doing the same. As it did in 2008, the Obama campaign has said it wouldn't take money from registered federal lobbyists, but there are other ways for power-players to influence Washington.

    A recent Associated Press review found major donors to super PACs — supporting both Obama and Romney — have business at stake before the federal government. They include executives at energy companies trying to strip climate change rules, and a prominent hospital's director who pushed for Army research and Medicaid changes.

    Obama's campaign and its supporters at Priorities USA Action and the Democratic National Committee already have outspent their Republican counterparts by nearly 2 to 1, records show. Financial reports as of late 2011 show groups supporting Obama's re-election effort garnered at least $252 million in contributions, leaving about $95.9 million cash on hand.

    But the fundraising gap may be starting to narrow.

    While Obama-supportive groups have largely outraised Republicans, including Romney's campaign, GOP-leaning groups like Restore Our Future and the Republican National Committee have brought the GOP total to $226 million. That haul includes roughly $51 million raised from both American Crossroads and its non-profit arm, Crossroads GPS. Democrats say they fear an avalanche of a half-billion dollars from the outside groups.

    Other major Republican donors, for their part, have yet to get behind Romney fully. The family of casino mogul Sheldon Adelson has pledged $11 million to help Newt Gingrich, although operatives say Adelson is likely to support Romney if he secures the GOP nomination. That, combined with yet-to-be-spent cash from other major fundraisers, could tip the balance of power in Romney's favor.

    By signaling the president's support for the outside fundraising group, Obama's team made clear it's a risk they're not willing to take.

    ___

    Follow Ken Thomas at http://twitter.com/AP_Ken_Thomas and Jack Gillum at http://twitter.com/jackgillum

    EDITOR'S NOTE _ An occasional look at promises by government officials and how well they are kept.

     
    • Evans suti  •  Nairobi, Kenya  •  1 day 11 hrs ago
      obama for presidency
    • Harry Baals  •  3 mths ago
      Now Obama can get all his 1%er friends to pay their "fair share" to his Super PAC
    • Let_them_eat_cake_2012  •  3 mths ago
      Wow there's a surprise - a politician flip flopping as circumstances dictate to get elected. They are all the same - leeches on society.
      • The Unknown Soldier 3 mths ago
        You do know that politics comes from two words. The first is the Latin word poly with means many. And the second is tics which are blood sucking insects.
    • Tyler  •  3 mths ago
      Obama seems pretty consistent in that so far he's reversed his position on just about everything.
    • poosamig1  •  3 mths ago
      Yes, it is hypocritical, and, Yes, it makes sense for his campaign. Because hypocrisy is what his never ending election campaign is built on.
    • John  •  Maynard, Massachusetts  •  3 mths ago
      10 Poorest Cities in the US --- (Wonder Why?)


      City, State, % of People Below the Poverty Level

      1. Detroit, MI
      32.5%
      2. Buffalo, NY
      29.9%
      3. Cincinnati, OH
      27.8%
      4. Cleveland, OH
      27.0%
      5. Miami, FL
      26.9%
      6. St. Louis, MO
      26.8%
      7. El Paso, TX
      26.4%
      8. Milwaukee , WI
      26.2%
      9. Philadelphia, PA
      25.1%
      10. Newark, NJ
      24.2%

      What do the top ten cities (over 250,000) with the highest poverty rate all have in common?

      Detroit, MI (1st on the poverty rate list) hasn't elected a Republican mayor since 1961.

      Buffalo, NY (2nd) hasn't elected a Republican mayor since 1954.

      Cincinnati, OH (3rd) hasn't elected a Republican mayor since 1984.

      Cleveland, OH (4th) hasn't elected a Republican mayor since 1989.

      Miami, FL (5th) has never had a Republican mayor.

      St. Louis, MO (6th) hasn't elected a Republican mayor since 1949.
      El Paso, TX (7th) has never had a Republican mayor.

      Milwaukee, WI (8th) hasn't elected a Republican mayor since 1908.

      Philadelphia, PA (9th) hasn't elected a Republican mayor since 1952.

      Newark, NJ (10th) hasn't elected a Republican mayor since 1907.

      Einstein once said, 'The definition of insanity is doing the same thing
      over and over again and expecting different results.'
      It is the poor who habitually elect Democrats yet they are still POOR!
      "You cannot help the poor by destroying the rich.
      You cannot strengthen the weak by weakening the strong.
      You cannot bring about prosperity by discouraging thrift.
      You cannot lift the wage earner up by pulling the wage payer down.
      You cannot further the brotherhood of man by inciting class hatred..
      You cannot build character and courage by taking away people's initiative and independence.
      You cannot help people permanently by doing for them what they could and should do for themselves."
      - Abraham Lincoln

      And you, President Obama, are no Abe Lincoln!!
      In God we trust. Congress.........not so much.

      God Bless America!
      • BillsXLVII 3 mths ago
        That's completely irrelevant. A massacre of the fallacy of causation vs correlation. Local economy has nothing to do with the mayor.
      • John 3 mths ago
        yea I"m sure it is just a coincidence !!!!!
      • RA 3 mths ago
        Why don't you state your source?
    • R_M_X_01  •  New Palestine, Indiana  •  3 mths ago
      The Democrat and Republican parties can raise hundreds of millions or even billions of dollars to throw at a campaign, meanwhile our national debt continues to soar, people are dying of starvation on a daily basis, and the funding just isnt there to fence up the border. Such blatant hypocrisy.
    • JJ  •  Los Angeles, California  •  3 mths ago
      It doesn't matter who is in office until we change the structure that our politicians work in. Money corrupts - and there is more money in politics than there is in most states annual budgets. If we allow things to continue this way all the sheeple democrats, republicans and independents alike will be led to corporate slaughter.
      • JJ 3 mths ago
        Mina - great reply! Someone who has seen the history of all great nations that came before us; the people become complacent and those power have free reign to make terrible self serving decisions that are to the detriment of the nation they are 'leading'.
    • Louis  •  3 mths ago
      never will understand how super pacs are legal, my god this government is corrupt to the core....
    • Jeff  •  Minneapolis, Minnesota  •  3 mths ago
      Hey, what are you going to do??? The Republicans are exploiting the super-PACs. What's Obama supposed to do?? Level the playing field, then complain...
      • Oog Ghost 3 mths ago
        Can't he just blame bush?
      • Potential Customer 3 mths ago
        "Level the playing field" ironically ALWAYS means "sink to the lowest level" when talking about politics. Hilarious
      • Candice 3 mths ago
        Lmao , NO blame his teleprompter,cause he can't think on is own, you have to look up is #$%$ to see what hes thinking
    • Citizen  •  3 mths ago
      These people are evil, and they do NOT have the good of the country in mind. Not at all.
    • Kevin  •  Maumee, Ohio  •  3 mths ago
      just like Obama was against drilling oil and then allowed it

      Obama said no more ear marks and then allowed them

      now we are supposed to believe that he is against something that will help him campaign, he has more criminals in his back pocket like most Chicago politicans. Tony Rezko (fugitive) in 2008, the Cardona Brothers in 2012 (fugitives)

      How much more will it take for some of his supporters to open their eyes.
      • asfasdf 3 mths ago
        The real question is whether Rezko will get his pardon in November or in 4 years.
    • svensgirl  •  Austin, Texas  •  3 mths ago
      Too bad we can't put all this money from both sides towards our national debt, and let everybody float their own boat...
    • Phaedrus  •  3 mths ago
      Classic case of if you can't beat em, join em.
    • Jeff  •  Minneapolis, Minnesota  •  3 mths ago
      GET MONEY OUT OF POLITICS NOW!
    • Peter N  •  3 mths ago
      read the CONSTITUTION
    • under dog  •  3 mths ago
      It's not about him or the GOP super pacs, it's about us the voter
      Don't let bull determine who ya vote for. Let their money be wasted.
    • James  •  3 mths ago
      So much for Obama trying to clean up washington.
    • Ben D  •  Fort Lauderdale, Florida  •  3 mths ago
      He said the same thing when he ran in 08. He claimed to be against all these lobbyists and PACs and said money shouldn't play as major of a factor in campaigns...and then he went on to raise and use more money from these sources then his opponent and ,if I remember the numbers correctly, more than any other canidate before him. I'm not going into how he has been as a president, that is a differnt discussion, but in this particlar statement, it is almost laughable that he is in anyway claiming to succumb to all these monies because he will lose to others that are utilizing these resources. Just be honest, you are like all the other canidates in this particular respect, you aren't any better or different than them.
    • Dennis  •  Hamburg, Germany  •  3 mths ago
      Hey - read thru the whole article - nowhere can I find the meaning of PAC (Super PAC). OK, I might be quite naive or uninformed - will someone take the honor of bringing me to par with the abbrev? Thanks.
      Please do not castigate me though!
    [ [ [['Connery is an experienced stuntman', 2]], 'http://yhoo.it/KeQd0p', '[Slideshow: See photos taken on the way down]', ' ', '630', ' ', ' ', ], [ [['Connery is an experienced stuntman', 7]], ' http://yhoo.it/KpUoHO', '[Slideshow: Death-defying daredevils]', ' ', '630', ' ', ' ', ], [ [['know that we have confidence in', 3]], 'http://yhoo.it/LqYjAX ', '[Related: The Secret Service guide to Cartagena]', ' ', '630', ' ', ' ', ], [ [['We picked up this other dog and', 5]], 'http://yhoo.it/JUSxvi', '[Related: 8 common dog fears, how to calm them]', ' ', '630', ' ', ' ', ], [ [['accused of running a fake hepatitis B', 5]], 'http://bit.ly/JnoJYN', '[Related: Did WH share raid details with filmmakers?]', ' ', '630', ' ', ' ', ], [ [['accused of running a fake hepatitis B', 3]], 'http://bit.ly/KoKiqJ', '[Factbox: AQAP, al-Qaeda in Yemen]', ' ', '630', ' ', ' ', ], [ [['have my contacts on or glasses', 3]], 'http://abcn.ws/KTE5AZ', '[Related: Should the murder charge be dropped?]', ' ', '630', ' ', ' ', ], [ [['have made this nation great as Sarah Palin', 5]], 'http://yhoo.it/JD7nlD', '[Related: Bristol Palin reality show debuts June 19]', ' ', '630', ' ', ' ', ], [ [['have made this nation great as Sarah Palin', 1]], 'http://bit.ly/JRPFRO', '[Related: McCain adviser who vetted Palin weighs in on VP race]', ' ', '630', ' ', ' ', ], [ [['A JetBlue flight from New York to Las Vegas', 3]], 'http://yhoo.it/GV9zpj', '[Related: View photos of the JetBlue plane in Amarillo]', ' ', '630', ' ', ' ', ], [ [['the 28-year-old neighborhood watchman who shot and killed', 15]], 'http://news.yahoo.com/photos/white-house-stays-out-of-teen-s-killing-slideshow/', 'Click image to see more photos', 'http://l.yimg.com/cv/ip/ap/default/120411/martinzimmermen.jpg', '630', ' ', 'AP', ], [ [['Titanic', 7]], 'http://news.yahoo.com/titanic-anniversary/', ' ', 'http://l.yimg.com/a/p/us/news/editorial/b/4e/b4e5ad9f00b5dfeeec2226d53e173569.jpeg', '550', ' ', ' ', ], [ [['He was in shock and still strapped to his seat', 6]], 'http://news.yahoo.com/photos/navy-jet-crashes-in-virginia-slideshow/', 'Click image to see more photos', 'http://l.yimg.com/cv/ip/ap/default/120406/jet_ap.jpg', '630', ' ', 'AP', ], [ [['xxxxxxxxxxxx', 11]], 'http://news.yahoo.com/photos/russian-grannies-win-bid-to-sing-at-eurovision-1331223625-slideshow/', 'Click image to see more photos', 'http://l.yimg.com/a/p/us/news/editorial/1/56/156d92f2760dcd3e75bcd649a8b85fcf.jpeg', '500', ' ', 'AP', ] ]
    [ [ [['did not go as far his colleague', 8]], '29438204', '0' ], [ [[' the 28-year-old neighborhood watchman who shot and killed', 4]], '28924649', '0' ], [ [['because I know God protects me', 14], ['Brian Snow was at a nearby credit union', 5]], '28811216', '0' ], [ [['The state news agency RIA-Novosti quoted Rosaviatsiya', 6]], '28805461', '0' ], [ [['measure all but certain to fail in the face of bipartisan', 4]], '28771014', '0' ], [ [['matter what you do in this case', 5]], '28759848', '0' ], [ [['presume laws are constitutional', 7]], '28747556', '0' ], [ [['has destroyed 15 to 25 houses', 7]], '28744868', '0' ], [ [['short answer is yes', 7]], '28746030', '0' ], [ [['opportunity to tell the real story', 7]], '28731764', '0' ], [ [['entirely respectable way to put off the searing constitutional controversy', 7]], '28723797', '0' ], [ [['point of my campaign is that big ideas matter', 9]], '28712293', '0' ], [ [['As the standoff dragged into a second day', 7]], '28687424', '0' ], [ [['French police stepped up the search', 17]], '28667224', '0' ], [ [['Seeking to elevate his candidacy back to a general', 8]], '28660934', '0' ], [ [['The tragic story of Trayvon Martin', 4]], '28647343', '0' ], [ [['Karzai will get a chance soon to express', 8]], '28630306', '0' ], [ [['powerful storms stretching', 8]], '28493546', '0' ], [ [['basic norm that death is private', 6]], '28413590', '0' ], [ [['songwriter also saw a surge in sales for her debut album', 6]], '28413590', '1', 'Watch music videos from Whitney Houston ', 'on Yahoo! Music', 'http://music.yahoo.com' ], [ [['keyword', 99999999999999999999999]], 'videoID', '1', 'overwrite-pre-description', 'overwrite-link-string', 'overwrite-link-url' ] ]