Escrow

lambert's picture

Bob Fertik has a nifty idea:

Now we are asking you to use your money to ensure that Barack Obama lives up to his promise to deliver "change we can believe in. "

How? By creating a progressive "escrow" fund that you control.

Many progressives were shocked last week when Obama flip-flopped on wiretapping immunity for the phone companies with this simple explanation:

"My view on FISA has always been that the issue of the phone companies per se is not one that overrides the security interests of the American people."

So if a President unilaterally decides it is in the "security interests of the American people" to defy the Constitution, the Law, and Congress, (s)he can do whatever (s)he wants?

George Bush believes that, as do Dick Cheney and John McCain - and every dictator in the world. How is that progressive? And how is that change we can believe in?

Don't get me wrong: we fully support Obama and will do everything we can to elect him President. But will also do everything we can to protect the Constitution and hold Obama to his promise of real progressive change.

And that's why we are launching our Obama Progressive Escrow Fund. We're asking you to put some of the money you plan to give Obama "in escrow" until he demonstrates progressive leadership on the issues we care about, like warrantless wiretapping.

http://www.democrats.com/obama-escrow-fund

We are absolutely not trying to hurt Obama - we'll give him our money at some point. We're just asking for a little R-E-S-P-E-C-T like Aretha Franklin sang about.

I hope that account is interest-bearing, since I have the feeling we're going to be waiting for a l-o-o-o-o-o-n-g time!

Still, it's something to tell the telemarketers!

If you liked this post, buy the author some books.

Comments

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
nihil obstet's picture

Money is speech

Now that relatively small donors have figured out how to bundle money in ways that can have an effect, I wonder how long it will be before the Supreme Court discovers that campaign contributions are bribery instead of free speech.

vastleft's picture

As I've rejoined the leverage crowd, I have to ask...

How much leverage is there in "we'll give him our money at some point"?

Not we may, we might, or we would, but we will give him our money.

lambert's picture

"At some point..."

Like, when Hell freezes over?

[x] Very tepidly voting for Obama [ ] ?????. [ ] Any mullah-sucking billionaire-teabagging torture-loving pus-encrusted spawn of Cthulhu, bless his (R) heart.

First they ignore you, then they ridicule you, then they fight you, then you win. -- Mahatma Gandhi

amberglow's picture

i don't he's trustworthy enough to do

anything more than just switch positions again with no intention of following thru-- and he's holding million dollar fundraisers every other day now too --

"... But Mr. Obama’s stepped-up schedule of big-money fund-raisers — the campaign has more than a dozen events planned over the next two weeks — showcases a formidable high-dollar donor network ..." -- http://www.nytimes.com/2008/07/03/us/politics/03donate.html

whaleshaman's picture

Obama Switching positions again...

with a page torn out of the GWB playbook: Let the news out late before the weekend:

Obama Might ‘Refine’ Iraq Withdrawal Timeline

amberglow's picture

don't waste your time w/escrow-he's reaffirming his FISA

stance now-- http://www.dailykos.com/storyonly/2008/7...

Kos is full of very pissed-off diaries--many of them.

Obama holds WORM presser to clear up earlier change statement-

The Change Candidate changing before our very eyes.

Damn.

Protean* Man, babeeeeee!!!!

*Very variable; easily changing; or continually changing

lambert's picture

Change comes in a crock? Who knew!

BTD has Obama's odious statement. These are my two favorite parts:

Now, I understand why some of you feel differently about the current bill, and I'm happy to take my lumps on this side and elsewhere. For the truth is that your organizing, your activism and your passion is an important reason why this bill is better than previous versions.

going forward, some of you may decide that my FISA position is a deal breaker. That's ok. But I think it is worth pointing out that our agreement on the vast majority of issues that matter outweighs the differences we may have.

Translation: You've got no place to go.MR SUBLIMINAL Now send money.

[x] Very tepidly voting for Obama [ ] ?????. [ ] Any mullah-sucking billionaire-teabagging torture-loving pus-encrusted spawn of Cthulhu, bless his (R) heart.

First they ignore you, then they ridicule you, then they fight you, then you win. -- Mahatma Gandhi

Help the hamsters with their winter heating bill ...

… as they power the wheels that turn the servers at The Mighty Corrente Building. Please, won’t you help them keep their cages shiny?

No PayPal Account required! Give the hamsters immediate relief!

Or Subscribe to make a monthly payment!

Corrente is completely supported by contributions from readers. Thank you!

Download Citibank Plutonomy files

Part 1 [PDF]

Part 2 [PDF]

Good reading! Favorite quote: What could go wrong?
Beyond war, inflation, the end of the technology/productivity wave, and financial collapse, we think the most potent and short-term threat would be societies demanding a more ‘equitable’ share of wealth.

The 12 Word Platform

1. Medicare for All

2. End the Wars

3. Tax the Rich

4. A Jobs Guarantee

Senior fellows of The Mighty Corrente Building

Leah (CA), Lambert (PA/ME), RDF (??), BDBlue (DC), Hipparchia (FL), MsExPat (NY), letsgetitdone (DC), twig (LA), Tony Wikrent, (NC), jawbone (PA).

Corresponding fellows

danps.

Western Coordinator

coyotecreek

Correspondents

Health care reform: DCBlogger.

Fellows emeritus

mjs, Riggsveda, Tresy, Tom, hekebolos, chicagodyke, shystee, and Xenophon, Vastleft (MA), Sarah (TX).

Random term

Acronym. Modern Monetary Theory. Key takeaway: Since the United States is sovereign in its own currency, Federal spending is not operationally constrained by revenues (unlike non-sovereign households, non-sovereign states that use Federal dollars, like CA, or countries, like Greece, that use the Euro).

I support Americans United for Separation of Church and State.

Americans United is dedicated to preserving the constitutional principle of church-state separation as the only way to ensure religious freedom for all Americans.