FactCheck.org has the scoop on Obama's latest ad.
Obama says he doesn't take money from oil companies. We say that's a little too slick.
In a new ad, Obama says, "I don’t take money from oil companies."
We find the statement misleading:
- Obama has accepted more than $213,000 from individuals who work for companies in the oil and gas industry and their spouses.
- Two of Obama's bundlers are top executives at oil companies and are listed on his Web site as raising between $50,000 and $100,000 for the presidential hopeful.
It's true that Obama doesn't take money directly from oil companies, but then, no presidential, House or Senate candidate does. They can't: Corporations have been prohibited from contributing directly to federal candidates since the Tillman Act became law in 1907.
Obama has, however, accepted more than $213,000 in contributions from individuals who work for, or whose spouses work for, companies in the oil and gas industry, according to the Center for Responsive Politics. That's not as much as Sen. Hillary Clinton, who has received more than $306,000 in donations from people tied to the industry, but it's still a substantial amount.
FactCheck.org has the scoop on Obama's latest ad.
1 comment:
Why does anyone care about money from oil companies, no matter how it's funneled into campaign or political coffers?
Is there a candidate who is so moronic as to think it's a good idea to legislate against oil companies and send oil prices HIGHER?
Taxes don't lower oil prices. Legislating against oil companies does not lower prices. But opening all oil-bearing territory to drillers does.
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