Obama’s inaugural committee on the receiving end of transparency complaints 						                                                                                                                January 5, 2013 by Erika Johnsen 						  	hotair.com
   	 	 	  							In the run-up to his 2009 inauguration, President Obama’s  inaugural committee made much ado about the fact that they would not be  accepting any donations from lobbyists or corporations, nor individual  donations in excess of $50,000 — and there was really no reason that  they would have needed them, anyway. The Hopenchangey spirit carried  over from 2008 was enough to fund all of the balls, concerts, parties,  and other pomp surrounding the inauguration the first time around, but  this year, the enthusiasm level is sufficiently tarnished that they  decided to reverse course on that much-vaunted corporate ban and took  the limit off of individual contributions. Why it was distinctly not okay to accept mega-donations in order to wave off well-monied interests in 2009, but it is okay  by Text-Enhance">now, is still unclear.
   On Friday evening (why is it always Friday evening?), the  inaugural committee released a list of the corporate donors who are so  far contributing to the festivities, and it’s  already coming under fire from transparency advocates:
   “It’s not worth indebting yourself to corporate interests  just to have a big party,” Craig Holman, an advocate with the watchdog  group Public Citizen, told the Washington Post. “It’s very unfortunate  and quite a reversal of what this president stood for.”
   Holman also criticized the lack of transparency in the PIC’s  disclosure. In 2009, inauguration organizers released the employer,  amount donated, and state of residence for each individual donor. This  time, however, the president provided “just a list of names,” Holman  told the Post.
   An inaugural committee spokeswoman, Addie Whisenant, pushed back on  complaints about transparency, telling the Post, “The Presidential  Inaugural Committee is continuing its pledge of transparency for the  American people and is taking extra steps to provide the public with  ongoing updates about who is donating to the inaugural. In keeping with  the FEC requirements, we will also make public the final list of donors  and the amounts they contributed to the [committee] 90 days after the  presidential inauguration.”
 
   Puh-lease. “Indebting yourself to corporate interests,” or rather, allowing corporate interests to apple-polish in return for  some cozy rent-seeking, is precisely what it’s all about. And hey, FEC requirements? You mean,  like these FEC requirements?
   President Barack Obama’s 2008 campaign has been fined  $375,000 by the Federal Election Commission for reporting violations  related to a set of donations received during the final days of the  campaign.
   The fines are among the largest ever levied on a presidential  campaign by the FEC and stem from a series of missing notices for nearly  1,200 contributions totaling nearly $1.9 million.
   Campaigns are required to file reports within 48 hours on donations  of $1,000 or more received during the final 20 days of the campaign. The  fine was detailed in a conciliation agreement sent to Sean Cairncross,  chief counsel for the Republican National Committee.
 
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