Inaugural flip

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President Obama has flipped. Reversing his position of four years ago, he has opened the door to unlimited corporate contributions for his inauguration festivities in January.

The problem in taking such a step is the one made plain in the Citizens United case, corporations giving and likely expecting something in return, inviting an impression that erodes public confidence. The president still is refusing donations from lobbyists. What is the difference?

Well known is the president’s bumpy relationship with the business community. He needs to reach out. Rattling the cup to cover the inauguration hardly is a good way to do so.

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