The “hope and change” mantra that lifted Barack Obama to the presidency in 2008 raised unrealistic assumptions about his administration that were bound to be debunked after a few years in office. That’s why his re-election campaign strategy is based on demonizing his opponents rather than running on a record of all the “change” he effected. Yet there are some vestiges of the messianic tone of his 2008 run that remain, and one of them is a ban on corporate sponsors at the 2012 Democratic National Convention. The ban is a holdover from the rhetoric of four years ago that asserted the Obama candidacy would bring an end to the way lobbyists and big business attempt to influence politics. This was a joke even four years ago as the Democrat raked in record contributions from Goldman Sachs and other Wall Street titans and corporate giants. But the 2012 convention in Charlotte will be free of such sponsors, allowing the Democrats to claim they are faithful to their ideals.
However, as the New York Times reports today, the leading local booster and organizer of the Charlotte convention just happens to be the CEO of the nation’s largest energy company, which has been a major beneficiary of the president’s trillion-dollar stimulus boondoggle. Duke Energy CEO James E. Rogers claims that he and his company are going all out to help the Democratic jamboree as a matter of local pride. But the company’s costly contributions to the event have raised serious issues about the way it stands to benefit from Obama’s policies, making a mockery of the Democrats’ pose as the opponents of corporate influence. Rather than a tribute to the party’s stand against influence peddling, the lack of other corporate sponsors merely illustrates President Obama’s ongoing hypocrisy about big business and ethics.