The lapdog media would have filleted Bush for breaking such a promise.
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.
The legal maximum donation for an inauguration is $250,000, but four years ago, the president capped all contributions at $50,000 and barred companies from kicking in any money. Obama had also banned corporate money from the 2012 Democratic National Convention.
But the sources say the new decision is driven by pragmatism: the president and his team just wrapped up the most expensive campaign in history – with costs topping $1 billion – and they’ve determined that their donors are simply tapped out.
This isn’t the president’s first reversal from a previous stance on contributions. After nearly two years of blasting super PACs for their involvement in politics, as the election ramped up in February he announced he wouldn’t mind his supporters writing multi-million dollar checks to the groups.