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Obama's Embrace of Corporate Cash

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Friends again?

First-term President Obama refused corporate donations to his inaugural costs. Not second-term Obama!

At least eight corporations have pledged, including ExxonMobil, which will contribute $250,000. Both first-term and second-term Obama have and will accept individual contributions of up to $1 million.

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About the Author

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David Frum

David Frum is a contributing editor at Newsweek and The Daily Beast and a CNN contributor. He is the author of eight books, including most recently the e-book WHY ROMNEY LOST and his first novel Patriots, published in April 2012.

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