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Obama Raises $27 Million for Inaugural

The Associated Press reports today that the candidate who dynamited fundraising records during the election is still going strong as president elect:

The inaugural committee has raised at least $27 million, donor information on its Web site Tuesday showed. Most of that has come in over the past three weeks.

If fundraising continues at that pace, Obama's committee will have no problem reaching or exceeding the roughly $40 million raised for each of President George W. Bush's two inaugural celebrations.

Those donating the committee-mandated maximum of $50,000 include financier George Soros, actors Halle Berry, Jamie Foxx, Sharon Stone and Samuel L. Jackson, film producer Jeffrey Katzenberg and directors Ron Howard, George Lucas, Steven Spielberg and Robert Zemeckis.

While the committee is refusing money from registered lobbyists, several executives of corporations that do a lot of lobbying also donated the maximum amount, including Microsoft CEO Steve Ballmer, and two Indian tribes that run casinos.

In return, "the $50,000 donors get access to inaugural events including candlelight dinners with appearances by members of Congress and the Obamas and tickets to an official ball, the swearing-in ceremony and parade seating," the AP reports.

Read the full story here.

By Christopher Dean Hopkins  |  January 6, 2009; 2:38 PM ET  | Category:  Celebrities , Fundraising , Presidential Inaugural Committee
Previous: Obama Roadtrip Web Site Hacked | Next: Metro to Provide 60,000 Parking Spaces at Stations

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You gotta pay-to-play.

In fact the Obama administration is/will be the PAY-TO-PLAY ADMINISTRATION!

Posted by: Jaymand | January 6, 2009 4:10 PM | Report abuse

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