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:
- Small donations are powering Obama’s campaign
- Lincoln is on the $5 bill and the penny
- .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! ♪♪♪
February 9, 2008 5:21 PM | Reply | Permalink
Nice. I'll spread the word.
February 9, 2008 5:51 PM | Reply | Permalink
Count me in.
February 9, 2008 8:48 PM | Reply | Permalink
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?
February 9, 2008 8:51 PM | Reply | Permalink
The original post at DKos recommends multiples of 5.01 if you desire to do so.
February 9, 2008 11:21 PM | Reply | Permalink
Good point Frog.
Guess I'll go in for like 55.01 or 105.01. Something along those lines should make a nice statement.
February 9, 2008 9:06 PM | Reply | Permalink
Um, not to be a nerd, but multiples would be: 55.11 or 105.21.
you know 5.01, 10.02, 15.03.......
February 9, 2008 11:47 PM | Reply | Permalink
The other option is to pay by debit card. That way, no fees.
February 9, 2008 9:22 PM | Reply | Permalink
YES WE WILL!
February 9, 2008 11:23 PM | Reply | Permalink
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.
February 9, 2008 11:44 PM | Reply | Permalink
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.
February 11, 2008 7:00 PM | Reply | Permalink
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!
February 13, 2008 12:52 AM | Reply | Permalink
how did it go?
February 15, 2008 6:53 PM | Reply | Permalink
Post a Comment