PACs key to political funding Most political candidates now fund their campaigns through what are called “leadership political action committees.”

BARACK OBAMA: Instead of forcing us to rely on millions from Washington lobbyists and special interest PACs, you’ve fueled this campaign with donations of $5, $10, $20 — whatever you can afford. 

It’s true Obama’s campaign hasn’t taken money from lobbyists or political action committees run by corporations and unions. But his own Leadership PAC has.

Leadership PACs are a carbon copy of corporate and union PACs. Their primary purpose is to raise money and share it with other party members facing tough election fights.

Obama’s PAC is called the HopeFund and it has accepted hundreds of thousands of dollars from Washington lobbyists and special interests. Obama’s not the only one with a Leadership PAC. John McCain and nearly all the other candidates who competed in the primaries run these PACs, too. What a surprise?  Obama is just another politician lying about what influences his candidacy and who is giving money to his campaign.  The more I watch CNN back Obama and read stories like this, the more I am hoping a third party candidate steps into the race. 


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