MoveOn.org is about to pledge to disband its 527 in response to Obama's call for campaign financing from small contributors.
From MoveOn.org:
Now, in Barack Obama, we have a Presidential candidate who has based his campaign on precisely that kind of new politics—a people-driven politics focused on the outside-of-the-beltway consensus around Iraq, climate change, and health care, not the gridlock in Washington.
While MoveOn Political Action has always been funded exclusively by small donors like you, we've held open the MoveOn.org Voter Fund—a separate "527" organization—which can raise money from big donors. We haven't actually taken any big-money checks since 2004, when MoveOn members matched big contributors to educate voters about George Bush's policies. But in light of the new politics offered by Barack Obama, I've come to believe it's time to close the 527 forever—and to challenge organizations on the right to do the same thing.
What an astounding move! So here it is, folks, another chance to show your support of "power to the people" by supporting MoveOn's pledge.
The more we can demonstrate our desire to take Big Money out of campaigns, the better it will be for this country. Support MoveOn is this pledge and send another signal that we've had enough of big money determining our course in this nation.
You can take the pledge here by making a small donation: MoveOn Pledge
This is, by the way, exactly what Obama wants. He wants his campaign to move in a positive direction without a lot of 527s putting forth their messages as if they were his, and worse, making negative ads which he has foresworn. And he wants an end to the influence of big donors on campaigns.