Friday, August 8, 2008

Obama says $2 Mill from oil to McCain's campaign

Politifact.com says mostly true. Factcheck.org says no, only $1.3 mill. Politifact actually says more than $2 Mill from people who work for oil and gas companies will have been donated to McCain after his joint fundraising committee with the RNC titled "McCain Victory 2008". He has received more money than any candidate from people who work for oil and/or gas companies...this is nothing new as he is the Republican candidate. No company can out right give money to a campaign. The key excerpts:

Individuals involved in the oil and gas industries have given about $1.3-million to McCain's presidential campaign, according to the latest federal data compiled and released here by the Center for Responsive Politics on July 28....Perhaps it's a bit unfair to lump all of them into the category "big oil." Not $2 Mill.
McCain's campaign also set up a joint fundraising committee with the Republican National Committee and several state affiliates...The McCain campaign receives the first $2,300 of each contribution to the joint committee.
Nonpartisan campaign finance experts at both the Center for Responsive Politics and Campaign Money Watch told us it was reasonable to count contributions to McCain Victory 2008 as contributions to McCain's campaign.
So the question is, do contributions from oil and gas executives or employees to McCain Victory 2008, when added to the $1.3-million that went directly to McCain's campaign, top $2-million?
The answer is yes, easily.

The politifact article: http://politifact.com/truth-o-meter/statements/611/
The opensecrets graph of oil/gas donations to all candidates as of July 28 2008: http://www.opensecrets.org/pres08/select.php?ind=E01

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