Published: June 27, 2005
Dean and Democracy Bonds
By Alan Gray, NewsBlaze 
This morning, Governor and DNC Chairman, Howard Dean bought a Democracy Bond on the Democratic Party's new web site, saying "I made my commitment to reform the political process and change the way political parties are financed".
Democracy Bonds were released on Sunday June 26th as a way to fund the party at the grass roots level.
The idea is that all democrats can take control of the party's future.
A Democracy Bond is a monthly commitment to invest a small amount to build a sustainable Democratic Party in every state and win elections at every level of office.
Governor Dean said "Democracy Bonds are the start of a community of Americans with a stake in our common future. We, the people, have the chance to reclaim our government and rid politics of special interest money once and for all".
The new website is set up to accepts fixed amounts such as $20 up to $125 or any amount at all, by Credit Card. An automatic payment will be taken every month and appear on your credit card statement.
To achieve their goal of finding contributors, the website uses some viral traffic-building features used by internet marketers, allowing visitors to send messages to their friends.
The Governor complained about the way Republicans raise more than $10 million a month, by taking "huge checks from special interests and lobbyists".
He said "They have created a money-for-influence machine unlike anything our country has ever seen".
Governor Dean suggested that they could collect $20 Million per month.
It is too soon to tell whether grass-roots democrats believe this will work and are prepared to make that monthly commitment.
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