Unfortunately this is one of those things that could help clean up the political situation. Looks like BHO likes the scent of money as much as most other politicians.
By Juliet Eilperin, Published: April 29
"President Obama’s once-broad ambitions to clamp down on the influence of special interests have been largely abandoned since his reelection, dismaying longtime allies in the campaign-finance reform movement.
The predicament will be on full display Tuesday, when all five members of the Federal Election Commission will be serving past the formal expiration of their terms. The panel’s sixth seat remains vacant. The president has not made a nomination to the FEC, which enforces the nation’s campaign finance laws, in more than three years.
For those who favor tougher regulation of money in politics, this follows a string of disappointments, including Obama’s decision this year to transform his campaign committee into an advocacy group, Organizing for Action, that can collect unlimited donations."
(This translates into "unlimited influence")
Rest of story:
http://www.washingtonpost.com/politics/obamas-campaign-finance-reform-plans-have-faded/2013/04/29/8342977e-ae7d-11e2-a986-eec837b1888b_story.html?hpid=z1
By Juliet Eilperin, Published: April 29
"President Obama’s once-broad ambitions to clamp down on the influence of special interests have been largely abandoned since his reelection, dismaying longtime allies in the campaign-finance reform movement.
The predicament will be on full display Tuesday, when all five members of the Federal Election Commission will be serving past the formal expiration of their terms. The panel’s sixth seat remains vacant. The president has not made a nomination to the FEC, which enforces the nation’s campaign finance laws, in more than three years.
For those who favor tougher regulation of money in politics, this follows a string of disappointments, including Obama’s decision this year to transform his campaign committee into an advocacy group, Organizing for Action, that can collect unlimited donations."
(This translates into "unlimited influence")
Rest of story:
http://www.washingtonpost.com/politics/obamas-campaign-finance-reform-plans-have-faded/2013/04/29/8342977e-ae7d-11e2-a986-eec837b1888b_story.html?hpid=z1