Reich the Idealist

I like Robert Reich. He says what he thinks and he isn’t happy about Obama going the super PAC route:

It has been said there is no high ground in American politics since any politician who claims it is likely to be gunned down by those firing from the trenches. That’s how the Obama team justifies its decision to endorse a super PAC that can raise and spend unlimited sums for his campaign.

Baloney. Good ends don’t justify corrupt means.

I understand the White House’s concerns. Obama is a proven fundraiser – he cobbled together an unprecedented $745 million for the 2008 election and has already raised $224 million for this one. But his aides figure Romney can raise almost as much, and they fear an additional $500 million or more will be funneled to Romney by a relative handful of rich individuals and corporations through right-wing super PACS like “American Crossroads.” [....]

ut would refusing to be corrupted this way really amount to unilateral disarmament? To the contrary, I think it would have given the President a rallying cry that nearly all Americans would get behind: “More of the nation’s wealth and political power is now in the hands of fewer people and large corporations than since the era of the robber barons of the Gilded Age. I will not allow our democracy to be corrupted by this! I will fight to take back our government!”

Small donations would have flooded the Obama campaign, overwhelming Romney’s billionaire super PACs. The people would have been given a chance to be heard.

Emphasis mine.

That is a romantic notion but I doubt that this is true. This is from The Los Angeles Times in 2008:

Adding up the total contributions from the same small individuals (in terms of dollar amounts, not their height), the Institute discovered that rather than the 50+% commonly….

…reported throughout the campaign, only 26% of Obama’s contributions through last August and only 24% through Oct. 15 came from people whose total donations added up to less than $200.

The key word there being “total.”

It comes down to which definition of “small donor” you accept:

Someone who donated to the Obama campaign by scraping together $199, period.

Or someone who donated $199 to the Obama campaign several times, perhaps totaling close to the $4,600 legal limit for the primary and general elections. In aggregate, that would vault him/her out of the small donor category that was so useful to the political campaign’s public relations campaign portraying the donor base as about two times as broad as it really was.

The reported numbers show that Obama actually received 80% more money from large donors (those giving $1,000 or more total) than from small donors.

Through the Democratic National Convention, the Institute estimates, Obama received $119 million from genuine small donors, an impressive sum, to be sure.

But not as impressive as the $210 million he’d raised by then from bundlers and large donors.

The 50 percent figure was about small donations; however many of those making small donations made a lot of them; hence the total added up to well over 200 dollars.