Myth debunked – Obama didn’t win from small donors

An interesting piece that debunks a common myth about Obama. Did he really win because of small donors?   Study: Many Obama Small Donors Really Weren’t The institute found that while nearly 50 percent of Mr. Obama’s donations came in individual contributions of $200 or less, in reality, only 26 percent of the money he …

“Text 62262 to contribute $10 to Obama” – both campaigns launch donations by text message

If you want to be a politician then you have to get online. Not just with a website but a million social media personalities and a smartphone app. To put it another way, you have to be cutting edge. It’s no surprise, then, that the Obama campaign is open to accepting donations via text message: …

Talk is cheap…so make a Long Bet (for charity) to prove your prediction

Pronouncements about the future come easy. Even when made with an air of authority, they’re usually just cheap talk, rarely revisited. Only the tiny fraction that have proven correct tend to be remembered, when their authors want to take credit. But what if there were some cash at stake? The Long Bets Foundation, a new …

We all pay taxes – Barack & Michelle made $800k, donated $170k, & paid $160k in taxes

As we all get finished with our taxes so do the President and First Lady. It turns out that the Obama’s came in with a 20.5% tax rate on income of $789,674 (married filing jointly), including donations worth $172,130. The bulk of that income came from presidential salaries, $394,821, and book sales, $441,369. In 2010, …