MoveOn to Fold Its 527

By Denise Williams
Jun 22nd 2008 7:40PM

Filed Under:eBarack Obama, Fundraising

In a symbolic move that is meant to carry on the "people-powered" movement that has fueled millions of donations to Barack Obama's presidential campaign and helped down-ticket Dems via ActBlue and other fund-raisers, MoveOn.org's 527 group, MoveOn Voter Fund, will be shut down.


While the MoveOn.org PAC is an FEC registered political action group, such groups as these are limited to $5000 per year cap on individual contributions and cannot take corporate donations. The Voter Fund by contrast could take unregulated corporate donatons. While still active on paper, this 527 has actually been inactive for a couple of years.


From the letter sent to MoveOn members on Friday:

For almost ten years, we've worked together to change American politics. Millions of us have collaborated to build a new progressive moment, catalyzed by the Internet and motivated by our belief that the country we love deserves better.


Now, in Barack Obama, we have a Presidential candidate who has based his campaign on precisely that kind of new politics-a people-driven politics focused on the outside-of-the-beltway consensus around Iraq, climate change, and health care, not the gridlock in Washington.


Ironically, MoveOn (and a large chunk of the left blogosphere - including this writer) is a little peeved at Obama right now after his statement on the FISA compromise bill. It's expected that he'll vote for the bill when it comes up for the Senate vote this week while hoping that the telecom immunity clause somehow magically disappears.


One can call this a bad week for Obama with both right and left trashing him last week, or call it a good one - if you're pissing everyone off you must be doing something right. Time will tell...

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