By GottaLaff
Move on, MoveOn:
MoveOn.org announced today that it is dismantling its 527 group in response to Senator Barack Obama’s candidacy.
The MoveOn Voter Fund, which was able to take in unlimited donations, has been essentially dormant since 2004, when it brought in $20 million of the group’s $50 million-haul. MoveOn will rely instead on its political action committee, MoveOn Political Action which can take in up to $5,000 from an individual.
Mr. Obama, who announced yesterday that he would not take public financing for his general election campaign, has been critical of the influence of outside groups, especially the so-called 527 groups, seen by many as a soft-money loophole.
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