On Mon, 18 Jul 2011 16:16:38 -0400, Harryk
wrote:
On 7/18/11 4:08 PM, I_am_Tosk wrote:
In ,
says...
WASHINGTON -- President Barack Obama set a high bar for 2012
presidential campaign fundraising after reporting a haul of $46
million in his second quarter campaign finance filings released on
Friday. The president's campaign is, yet again, relying on a mix of
small-dollar donors and big-dollar bundlers to pay for a campaign that
experts project will raise a total of close to $1 billion. Obama's
closest competitor in the money race is former Massachusetts Governor
Mitt Romney, who raised $18 million in the second quarter.
Obama's campaign pulled in 47 percent of its contributions from donors
giving less than $250, an indication that the president still has the
support of the donor base that drove him to victory in 2008.
This last paragraph is bull****. The democrats and their donors are well
known for cheating on the limits and bundling... They apologize after
the elections and promise not to do it again...
What's bull**** is your made-up, paranoid "takes" on things political.
As usual, Canook talks from his ass...
Here's the rest of the article:
This doesn't mean that the Obama campaign is shunning big money. The
campaign also relied on a stable of 244 bundlers, donors who collect
checks to deliver to the campaign. Those bundlers delivered at least
$37 million, according to campaign's report of the minimum amount each
bundler produced. This total was for both the Obama campaign and the
Obama Victory Fund, a joint fundraising vehicle, according to campaign
spokesman Ben LaBolt.
The campaign also relied on a joint fundraising vehicle that forwarded
$20.5 million to the Democratic National Committee and $12.75 million
to Obama for America. The Obama Victory Fund raised more than 50
percent of its total from donors maxing out at $35,800 and more than
90 percent from donors giving $10,000.
According to a HuffPost analysis of the campaign's money, no single
company or institution emerged as a big source of donations for the
Obama campaign. In 2008, the campaign raised $1.5 million from
employees of the University of California, $994,795 from Goldman Sachs
employees, $854,747 from Harvard employees, $833,617 from Microsoft
employees, and $803,436 from Google employees, according to the Center
for Responsive Politics. This time around, the campaign has not yet
raised more than $100,000 from the employees of any single company or
institution.
The 2012 campaign with the second biggest quarterly haul, that of Mitt
Romney, is currently tapping only the institutional, big-donor money
while failing to raise money from small-dollar donors.
Romney's primary campaign raised only 6 percent of its total money, or
$1.1 million, from donors giving less than $250. Rep. Michele Bachmann
(R-Minn.), by comparison, raised 66 percent of her total haul of $1.6
million from small-dollar donors.
See that? Romney pulled in 6% of his donations from donors of $250 or
less vs. 47% from Obama donors. He's still got grassroots support and
will easily win re-election. Who's going to be the R's candidate?
Bachmann and/or Herman Cain? ****ing joke.