Reader Posts

« previous | TPM CAFÉ READER POSTS HOME | next »

$5.01 Barack Obama “Money Bomb” Set for February 12th

2parse put this up on his blog and I love the idea of a large group of people doing a little bit.

On February 12th, the birthday of a prominent Illinois lawyer/politician, blueinks over at Daily Kos suggests a Barack Obama “Money Bomb”. Previously, Congressman Ron Paul has benefited from two “money bombs” - or independently organized online fund raising days.

I propose that on February 12th (Lincoln’s Birthday) we have a money bomb extravaganza of small donations of $5.01 for Senator Obama. The reasons for this amount are easy to see:


  1. Small donations are powering Obama’s campaign
  2. Lincoln is on the $5 bill and the penny
  3. .01 is also for us online progressives making a statement to the
    campaign that we are here and we’ve got money. That we aren’t the huge
    bundlers for campaigns. We sacrifice parts of paychecks that mean more
    proportionally to those of us with smaller incomes. We buy into Barack
    Obama because we do dream of a more hopeful future instead of cynicsm.
    I would much rather be called a Hopemonger than a Warmonger. So if you
    believe in the hope that small donors are powering the Obama campaign,
    please join me in showing that when Americans united with Hope can
    wield large influence with small donations!


Comments (13)

Thanks for the info! I'll pass it on! ♪♪♪

Nice. I'll spread the word.

Count me in.

This sounds like a good idea, but I have a question. For such a small donation, don't credit card fees eat up a large percentage?

The original post at DKos recommends multiples of 5.01 if you desire to do so.

Good point Frog.

Guess I'll go in for like 55.01 or 105.01. Something along those lines should make a nice statement.

avatar

Um, not to be a nerd, but multiples would be: 55.11 or 105.21.

you know 5.01, 10.02, 15.03.......

The other option is to pay by debit card. That way, no fees.

avatar


YES WE WILL!

avatar

I think the fees referred to the fees that the campaign would have to pay. I don't know if political campaigns get a break on processing fees or not. If not, it can run between 2.5 and 4 percent.

Whatever it is, they seem to doing just fine.

avatar

Actually no. Your card will always be run as credit even if it's a debit card. The only way around those fees would be to take your checking account numbers or just mail in a check.

avatar

I had almost already forgotten the money bomb idea when I saw your post. So I, an Edwards Dem, made my first small donation to Obama today. Thanks for the reminder!

avatar

how did it go?

Post a Comment

Advertisement
Please disable your adblocker!
Ads are how we pay the bills!

Subscribe

The Coffee House
TPMCafe's regulars

House Brew
From Your Cafe Editor

Special Guests
Big names and big brains

Special Features
Pressing topics and trends

Table for One
An expert's week-long talk.

All Reader Posts
TPM readers discuss.

Book Club Calendar

November 16-20

http://orbooks.com/files/going-rouge-small.jpg

Coming Soon



November 30-December 4



January 12-16



« Book Club ArchiveFull calendar »

Recent Reader Posts

All Reader Posts »





Masthead

Editor-in-Chief
Josh Marshall



Subscribe to TPMCafe's feed.
Subscribe to TPMCafe's reader blog feed.

Advertise Liberally
Share
Close Social Web Email

"To" Email Address

Your Name

Your Email Address