writerchick
08-16-2008, 01:31 PM
Obama's in trouble! He took in LESS this month than last month. If he had 65 million on hand for August that means he spend 50 million last month. The DNC is still broke. With his astronomical expenditures before the GE campaign has even begun, the down ticket races are SCREWED!
Not to mention he's started to take SOFT MONEY - another DESPERATE FLIP FLOP!!! :eek:
CHICAGO — The presidential campaign of Barack Obama says the Democratic candidate raised more than $51 million in July.
Obama's campaign began August with $65.8 million on hand, according to a statement the campaign issued Saturday in Chicago.
On Friday, the campaign of Republican candidate John McCain said the presumed GOP nominee had raised $27 million in July. That was McCain's biggest monthly haul since clinching the party's nomination.
McCain reported having $21 million available to spend.
Obama campaign manager David Plouffe (PLUFF) says that 65,000 new donors contributed to the Obama campaign and that more than 2 million now have given Obama money for his presidential bid.
McCain's campaign says it has logged 600,000 donors.
From JUNE:
Sen. Barack Obama's decision to forgo public financing for his presidential campaign clears the way for him to outspend Sen. John McCain by 3-to-1 or substantially more in the general election, a financial edge that dramatically rewrites the playbooks for both candidates.
With the possibility of spending perhaps $500 million just in the final two months of the campaign, Obama will be the first major-party candidate to enjoy a spending edge in the general election in more than 30 years. The comparison with the consistently cash-strapped McCain campaign could hardly be more stark.
Though Obama risks a short-term political backlash by seeming to go back on his word, Democratic and Republican strategists say most campaigns would take such a hit in exchange for the unprecedented cash advantage he'll derive.
"He's going to be able to raise almost unimaginable amount of money," said Tad Devine, a Democratic strategist who was a top adviser in the Gore and Kerry campaigns. "This is an incredible advantage for him and his campaign. He'll be able to dictate the terms of this election."
FROM HOT AIR TODAY:
Facing a large deficit in the Democratic National Convention budget, officials from Barack Obama’s campaign have begun personally soliciting labor unions and others for contributions of up to $1 million. In exchange, donors could get stadium skyboxes for Obama’s acceptance speech and other perks.
Obama has regularly criticized politicians seeking large donations outside the framework of campaign finance regulations — so-called soft money — while touting the virtues of relying on small donations.
But campaign officials last month reluctantly decided they had to take a hand in raising large donations from individuals, unions and corporations. Some of the donors get special bundles of perks, including use of the party suites at Denver’s Invesco Field, as well as special policy briefings by Obama advisors, choice hotel rooms and party invitations.
What caused the shift was evidence that the Denver Host Committee was having trouble raising the estimated $60 million in cash and in-kind contributions needed to fund the convention, which runs Aug. 24-29.
http://abcnews.go.com/Politics/Vote2008/story?id=5207140&page=1
HILLARY TO THE RESCUE!!!!!!!
Not to mention he's started to take SOFT MONEY - another DESPERATE FLIP FLOP!!! :eek:
CHICAGO — The presidential campaign of Barack Obama says the Democratic candidate raised more than $51 million in July.
Obama's campaign began August with $65.8 million on hand, according to a statement the campaign issued Saturday in Chicago.
On Friday, the campaign of Republican candidate John McCain said the presumed GOP nominee had raised $27 million in July. That was McCain's biggest monthly haul since clinching the party's nomination.
McCain reported having $21 million available to spend.
Obama campaign manager David Plouffe (PLUFF) says that 65,000 new donors contributed to the Obama campaign and that more than 2 million now have given Obama money for his presidential bid.
McCain's campaign says it has logged 600,000 donors.
From JUNE:
Sen. Barack Obama's decision to forgo public financing for his presidential campaign clears the way for him to outspend Sen. John McCain by 3-to-1 or substantially more in the general election, a financial edge that dramatically rewrites the playbooks for both candidates.
With the possibility of spending perhaps $500 million just in the final two months of the campaign, Obama will be the first major-party candidate to enjoy a spending edge in the general election in more than 30 years. The comparison with the consistently cash-strapped McCain campaign could hardly be more stark.
Though Obama risks a short-term political backlash by seeming to go back on his word, Democratic and Republican strategists say most campaigns would take such a hit in exchange for the unprecedented cash advantage he'll derive.
"He's going to be able to raise almost unimaginable amount of money," said Tad Devine, a Democratic strategist who was a top adviser in the Gore and Kerry campaigns. "This is an incredible advantage for him and his campaign. He'll be able to dictate the terms of this election."
FROM HOT AIR TODAY:
Facing a large deficit in the Democratic National Convention budget, officials from Barack Obama’s campaign have begun personally soliciting labor unions and others for contributions of up to $1 million. In exchange, donors could get stadium skyboxes for Obama’s acceptance speech and other perks.
Obama has regularly criticized politicians seeking large donations outside the framework of campaign finance regulations — so-called soft money — while touting the virtues of relying on small donations.
But campaign officials last month reluctantly decided they had to take a hand in raising large donations from individuals, unions and corporations. Some of the donors get special bundles of perks, including use of the party suites at Denver’s Invesco Field, as well as special policy briefings by Obama advisors, choice hotel rooms and party invitations.
What caused the shift was evidence that the Denver Host Committee was having trouble raising the estimated $60 million in cash and in-kind contributions needed to fund the convention, which runs Aug. 24-29.
http://abcnews.go.com/Politics/Vote2008/story?id=5207140&page=1
HILLARY TO THE RESCUE!!!!!!!