THE WISE SHALL UNDERSTAND

Obama To Accept UNLIMITED Corporate Cash Donations From Wall Street

| December 8, 2012

Obama is loving him some Wall Street right about now

After the most expensive campaign in U.S. history, President Obama is dropping his principled objection to some forms of political fundraising to help pay for the post-election party.

obama-to-accept-unlimited-corporate-donationsABC News has learned that the Presidential Inaugural Committee will accept unlimited corporate donations to help fund Obama’s inauguration festivities next month, reversing a voluntary ban on the money he imposed on the inaugural four years ago and during the 2012 Democratic National Convention.

Obama will also allow individuals to contribute up to the legal maximum for the 2013 inauguration – $250,000 – lifting a $50,000 cap he voluntarily imposed in 2008, sources said.

The shift appeared to be driven by fundraising challenges in the wake of a multi-billion dollar campaign. Obama and GOP nominee Mitt Romney each raised north of $1 billion for the election cycle – historic highs – according to Federal Election Commission filings released Thursday.

Obama’s 2009 inaugural celebration cost $47 million. source – Yahoo News

About the Author:

NTEB is run by end times author and editor-in-chief Geoffrey Grider. Geoffrey runs a successful web design company, and is a full-time minister of the gospel of the Lord Jesus Christ. In addition to running NOW THE END BEGINS, he hosts a twice-weekly bible study and prophecy radio show on BlogTalk Radio, and oversees a dynamic street preaching outreach and tract ministry team in Saint Augustine, FL.
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  1. Nothing new or shocking in this article the real shocker is the naolhide laws giving them the right to cut your head off by mr bush sr it is there the sharia law is not but will get blamed

  2. azgirl says:

    Money only makes him “rich” trash but trash none the less.

  3. tomnchrist says:

    This highlights an important fact, that our government is completing the change from a government of the people to a government to the people.
    It is not just Obama’s doing, it was set up over many years, It really got going through the Lobbist buying Congress.
    What I can’t understand is what Big Business hopes to gain under a socialist/communist style government.
    Of course I also failed to understand why Big Companies like Home Depot are willing to lose sales to the majority of Christians in order to support the small percentage of gays.
    In fact nothing seems to make sense anymore, the world seems to be turned completely upside down, and logic and comon sense have no place in society.

    The only answer I can find is in Scripture:
    What sorrow for those who say that evil is good and good is evil, that dark is light and light is dark, that bitter is sweet and sweet is bitter. Isaiah 5:20
    Dear friend, don’t let this bad example influence you. Follow only what is good. Remember that those who do good prove that they are God’s children, and those who do evil prove that they do not know God. 3 John 1:11

  4. Jody says:

    Remember this. Remember the corporations who donate the big bucks, and do NOT do business with them or their subsidiaries. Do NOT do business with the companies who pander to gays. Vote with your money! I haven’t darkened the door of J.C.Penney since their ads. Obama has NO principles: he just talks about them when it’s convenient. Anyone who believed him was a fool. Look on the bright side: maybe he’ll be impeached over Benghazi. Otherwise, there are only four years before he’s out, permanently!

  5. friend of God says:

    By 2016 president Barack Obama would have done what he had plan to do, but it won’t stop there..I believe Hillary Clinton will be his predecessor none the less 2016 will be very interesting….republicans better step their game up

    • MSb says:

      I actually heard via WND (conservative Christian-based news website) that some are quietly pushing Eric Holder as a successor to Obama in 2016, if you can believe it. The MSM won’t mention this, so WND is probably the only place you’ll see it. He would be pretty much a carbon copy of Obama politically and is or will be groomed as such. This is what I thought would happen – that if Obama didn’t engineer some way by which he himself could stay in office for a third term, or even permanently, he’d figure out some way to get a clone of himself in the White House to continue his agenda.

  6. I believe that By 2016 the republicans will be in the same pit as the democrats are today. In order to gain support the republicans will have to kiss up to the sodomite community and start giving more freebies to the non producers. At the same time they will distance themselves from the remnant of biblically conservative voters. One serious thing that our “leaders” fail to recognize or just flat out ignore is that they will be held accountable in the day of judgment for their failure to serve as “ministers of God” ( Romans 13). And part of the blame is to be to the believers in our land if we do not pray for those who are in authority (1 Timothy 2:2).
    As we daily draw closer and closer to the coming of the Lord, we still have the admonition to be obedient to the scriptures. It would be easy to throw our hands up and just sit back and let this country and world continue on the downward slide to judgment. But as long as we are here, we have a message to proclaim and an abundance of lost (and the carnal saved alike) to reach.

    ” But ye, brethern, be not weary in well doing”
    ( 2 Thessalonians 2:13 )

    • MSb says:

      I think you are right, in part. I think that Obama and the Democrats are working feverishly to decimate, and even eliminate, the Republican party. I think it will survive as a faction, as some sort of Liberty Party or Tea Party, but eventually I fear that O will get his way and that we will have, for all intents and purposes, a one-party system. By that time, the Democrats will likely become more comfortable calling themselves what we know they really are – the Socialist Party — if not the Communist Party. It’ll happen faster than you think.

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