According to the press, pundits, conservatives, and Republicans, Sen. Obama was surely experiencing a “slowdown” in donations. It was possible, they said, that he would be outraised by Sen. McCain for the month of June.
Of course, those people are never right, and why would they be right this one time? Sen. Obama raised $52 million in the month of June (more than twice the $22 million the losing McCain campaign brought in).
Donate now, join history, piss off the mainstream media.
And he’ll NEED more than twice as much just to break even, since he’s not getting matching funds and raising those additional dollars costs dollars itself. Plus, by not accepting matching funds, he’s going to be soaking up donations that otherwise would be going to Dem House, Senate & Gubernatorial candidates.
Should be an interesting November, to say the least…
Uh, ok. One thing for sure. This is good news for Rudy Guiliani.
he’s going to be soaking up donations that otherwise would be going to Dem House, Senate & Gubernatorial candidates.
Forgive my possible ignorance here, but this appears to assume that the available campaign donations is a fixed and finite amount already at its capacity, or at least extremely inelastic. Are we to believe that all those piddly $20 donations came from the usual suspects of campaign contributors? Or are people who don’t usually donate to political campaigns jumping in this time around?
Donate now, join history, piss off the mainstream media.
Absolutely. Got the check all written out and ready to mail. And I’ll drop it in the mailbox as soon as he upholds his oath to defend the Constitution and votes that FISA bill down…
Parthenon, I’m sure that quite a number of the $20 folk are not-your-usual campaign funders. However, in order to make up the $82 million shortfall by not receiving matching funds, Barack will need aproximately 4.1 million of those donors to step up, IN ADDITION to the ones that already donate on a regular basis. And I’m just not sold yet that there’s THAT many potential marks out there, especially after the protracted primary fight.
If he pulls it off, bully for Barack. And while this $52 is a step in the right direction, it ain’t the entire ballgame.
Average donation was 68 bucks. That means he needs about 2-3 million donors, not 4 million. And he doesn’t even need to do spectacular fundraising in October, because all the vendors will just say “hey, we know you’re good for it”.
Considering 20 million was raised for the DNC as well, and considering the huge funding advantage the DSCC and DCCC have over their Republican counterparts, I’d say it’s the GOP who should be worried, not the Democratic party.
I won’t be joining history. I don’t want a Marxist president.
Drill now, drill everywhere!
This is a huge down-ticket election though. While I disagree that Obama is somehow hurting Senate and House Dems by taking in so much cash, even if there was something plausible to this theory, he’d still be helping out those folks by getting people out to the voting booths in the first place. And if they’re there to vota Barack, you can bet they’ll be voting Dem all the way down.
Obama v. McCain is going to be tighter than I’d like. But the Dems should clean up the joint when it comes to Congressional races. And watching McCain have to defend supposedly “safe” states as Obama buys TV ads in places like Montana and throughout the south? Yeah, good times.
However, in order to make up the $82 million shortfall by not receiving matching funds,
Oh, just stop it. Matching funds, my ass.
Drill now, drill everywhere!
Start with your face.
“And he’ll NEED more than twice as much just to break even, since he’s…”
How much drugs are you on?
I have a follow-up question…
Seriously, how much drugs are you on?
There is no way anyone can look at these numbers and think Obama is in trouble so stop trying. It just makes you look like an idiot and reduces the likelihood that people will take you seriously.
Since you asked, Hyrdrocodone and anti-inflammatories. I had roo canaw yesterday.
But that aside, there’s a difference between saying Obama is “in trouble” and saying “he’ll be in trouble if this doesn’t keep up”, which is what I said in the first place. Please try and keep up.
And he doesn’t even need to do spectacular fundraising in October, because all the vendors will just say “hey, we know you’re good for it”
Really? Media outlets are going to float him a loan right before an election? Good luck with that.
Really? Media outlets are going to float him a loan right before an election? Good luck with that.
Well, if the polls are in his favor, that sounds like a good investment to me.
Obama’s energy plan
put on a sweater in the winter and ride your bike to work.
Nice.
Drill now, drill everywhere!
McCain just wishes he has some energy.
“But that aside, there’s a difference between saying Obama is ‘in trouble’ and saying ‘he’ll be in trouble if this doesn’t keep up’, which is what I said in the first place. Please try and keep up.”
And McCain will be in trouble if he can’t keep up his campaign donations. In fact, McCain is already in trouble now and will be in more trouble if the status quo remains the same.
My point still stands, Obama is crushing McCain in the money race, and your best attack is, ‘If Obama gets into trouble raising money, he will be in trouble.’
It’s pathetic.
“Obama’s energy plan
put on a sweater in the winter and ride your bike to work.
Nice. ”
Actually, that does sound like a good plan–it would save on oil and it might do something about obesity as well.
Actually Zython, it’d be considered an in-kind donation and (normally) quite illegal. It’s why you won’t see re-runs of “Wedding Crashers” and the Season IV(?) premiere of “24″ on cable from the conventions until November 8th.
Barack’s status as an opter-outer MAY negate the more felonious aspects of it, but is he willing to risk it?
“Actually Zython, it’d be considered an in-kind donation and (normally) quite illegal.”
No, as long as Obama paid the debt later on it would be fine. And yes, if he wins, he would be able to continue to solicit donations to pay down campaign debts.
Campaigns of all stripes (winners and losers, Republicans and Democratics) pay down debts post-election all the time. But 99% of them are salaries for the office staffers, rent on the campaign headquarters, travel reimbursement expenses, etc. I don’t recall any advertising outlets accepting IOUs for airtime. If there’s precedent, please feel free to correct.
Right…. Obama would be much better off not raising 52 million bucks.
WTF?
And he’ll NEED more than twice as much just to break even, since he’s not getting matching funds and raising those additional dollars costs dollars itself.
And of course everything is so different and so much better for McCcain, with his 22 million.
Drill now, drill everywhere!
Start with an offshore rig centered in the view from Limbaugh’s Palm Beach estate.
“I don’t recall any advertising outlets accepting IOUs for airtime.”
No, but banks do. It would be easy to get loans at short notice if he is ahead in the polls late in the game.
Face it, there is no way to legitimately spin this as a negative.
Obama is in front in the poll, and in front in the money. McCain has a hard cap that he can spend, Obama will be able to outspend him, perhaps 2-1 from the convention to election day.