Obama to Take Corporate Money

"President Barack Obama will accept unlimited corporate donations for his Inauguration in January, reversing his position from his first Inauguration, according to two sources close to the planning. There are no legal limits for inauguration donations, but four years ago, the president capped all contributions at $50000 and barred companies from kicking in any money. Obama had also banned corporate money from the 2012 Democratic National Convention."* President Obama promised to be a reformer, someone who wouldn't play into crony capitalism and who would bring hope. Well, for his second term inauguration, Obama will be taking uncapped corporate cash. Cenk Uygur tells us who the president may owe very soon in the future. *Read more from Donovan Slack/ Politico: www.politico.com Support The Young Turks by Subscribing bit.ly Support The Young Turks by Shopping bit.ly Like Us on Facebook: www.fb.com Follow Us on Twitter: bit.ly Buy TYT Merch: theyoungturks.spreadshirt.com Find out how to watch The Young Turks on Current by clicking here: www.current.com
Author: TheYoungTurks
Duration: 4:34



Photos for video
Obama to Take Corporate Money