Obamessiah Doesn’t Take Money From Oil Companies

Oh, really? Let’s head to FactCheck.org, shall we?

In a new ad, Obama says, “I don’t take money from oil companies.”

Technically, that’s true, since a law that has been on the books for more than a century prohibits corporations from giving money directly to any federal candidate. But that doesn’t distinguish Obama from his rivals in the race.

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.

Interesting

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.

In other words, BHO is just juking and jivin’ while attempting to smear the oil companies that allow us to live our lives here in the 21st century. I gues BHO wants to move back to the 16th.


3 Responses to “Obamessiah Doesn’t Take Money From Oil Companies”

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  1. Money on The Finance World For News and Information Around The World On Finance » Blog Archive » Obamessiah Doesn’t Take Money From Oil Companies says:

    [...] Obamessiah Doesn’t Take Money From Oil Companies In a new ad, Obama says, “I don’t take money from oil companies.” Technically, that’s true, since a law that has been on the books for more than a century prohibits corporations from giving money directly to any federal candidate. … [...]

  2. Obama Took Money From Abramoff Firm? The Hell You Say! | McCain Blogs UNITED STATES says:

    [...] Didn’t Obama rail about him not taking money from lobbyists? [...]

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    [...] William Teach asks “Didn’t Obama rail about him not taking money from lobbyists?” [...]

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