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Obama Campaign Dangerously Low on Cash, Leading to Panic
The Atlanta Black Star ^ | August 5, 2012 | Nick Chiles

Posted on 08/06/2012 8:52:13 PM PDT by 2ndDivisionVet

The Obama campaign has taken a huge risk by burning through hundreds of million of dollars in the early stages of the presidential campaign, opening offices in swing states, registering voters and getting to know local communities, but the expenditures have left the campaign dangerously low on cash heading into the final three months of the campaign.

The analysis of the Obama expenditures by the New York Times shows that the campaign has spent $400 million from the beginning of 2011 to June 30, 2012. That number includes $86 million on advertising, $50 million on hiring Democratic party workers, $46 million on direct mail and postage, $24 million on phones and even $25,000 on flower arrangements. The result is a vast and well-organized network of on-the-ground staff and infrastructure—and a discernible panic among Democrats that the campaign possibly has put itself in danger because the Mitt Romney campaign has far more money, $25 million more cash on hand at the start of July.

And although Romney has spent much of his money from the primaries and has to wait until after the convention to access tens of million dollars he has waiting, he can count on the pro-Romney Super PACs to take up the slack right now.

Obama supporters say the campaign’s fundraising has acquired a sense of urgency, sending out many more alarming emails to donors and scheduling more fundraising stops for the president. The campaign also has asked former President Bill Clinton to help with the fundraising efforts.

“My upcoming birthday next week could be the last one I celebrate as president of the United States, but that’s not up to me—it’s up to you,” the president wrote in an email to supporters last week.

But Obama campaign and Democratic party officials told the Times in interviews that they believed the Obama strategy would prove to be wise when election day has arrived.

“You can pay for direct mail or TV ads at the last minute, but you can’t shortcut long-term volunteer training programs,” said a campaign official. “The relationships we’ve built, the depth of what people know about their communities, our data systems, the training and organization—good luck doing that in less than 100 days.”


TOPICS: Campaign News; State and Local
KEYWORDS: 2012; 2012issues; bho2012; clinton; fearfuldems; fundraising; obama; romney
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To: Just mythoughts
They have unlimited access to cash and votes from every conceivable (and inconceivable) angle. All the more horror and shock upon regular Americans in the event of an Obama “win”.
21 posted on 08/06/2012 9:59:43 PM PDT by Ezekiel (The Obama-nation began with the Inauguration of Desolation.)
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To: cuban leaf

I will bet you a dollar he will finish his term.


22 posted on 08/06/2012 9:59:54 PM PDT by karnage
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To: Mortrey
Let him open a lemonade stand on the eighteenth hole.

Good experience and he’s always there already.

Ha good luck with that....it's easier to teach goats to surf


23 posted on 08/06/2012 10:00:31 PM PDT by spokeshave (The only people better off today than 4 years ago are the Prisoners at Guantanamo.)
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To: spokeshave
I bet Hollywood is about tapped out.

Wall Street doesn't like Obama anymore

I guess he has the guilty Trust funders who are too stupid to realize they get hit the hardest

24 posted on 08/06/2012 10:09:23 PM PDT by scooby321 (AMS)
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To: 2ndDivisionVet

he can’t say he didn’t create that problem his self.


25 posted on 08/06/2012 10:13:40 PM PDT by jyro (French-like Democrats wave the white flag of surrender while we are winning)
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To: 2ndDivisionVet
What's funny is that these leftidiots expect loyalty from the drones they've paid. Ignorance of reality is going to bite THEM for a change!!!
26 posted on 08/06/2012 10:24:59 PM PDT by piytar (The predator-class is furious that their prey are shooting back.)
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To: SledgeCS

I believe the worst scenario is an Obama loss in November...then waking up in December to find a campaign debt situation of $250 million. Just writing a book or two....won’t even cover $40 million. So you’d be looking at a guy who’d have to declare some kind of bankruptcy by 2014 because there’s no way he could pay it back.

I’d offer this analysis...as you get closer to October...fewer folks will offer deals for ad’s unless there’s some cash put down. So by the middle of October...with the exception of maybe three states...advertising completely shuts down. People will notice this huge drop in the campaign and just say....”they ran out of gas at the wrong time”.


27 posted on 08/06/2012 10:27:39 PM PDT by pepsionice
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To: 2ndDivisionVet
use Obama's own words against him. http://www.youtube.com/watch?v=ypAU28t5Ya0
28 posted on 08/06/2012 10:28:11 PM PDT by jyro (French-like Democrats wave the white flag of surrender while we are winning)
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To: 2ndDivisionVet

use Obama’s own words against him

http://www.youtube.com/watch?v=ypAU28t5Ya0


29 posted on 08/06/2012 10:29:27 PM PDT by jyro (French-like Democrats wave the white flag of surrender while we are winning)
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To: pepsionice
And obastard’s money is dirty. These aren't people like the US taxpayer you can rip off for a few hundred million dollars. They get nasty when. They don't get paid. If that happens, popcorn time!!!
30 posted on 08/06/2012 10:33:11 PM PDT by piytar (The predator-class is furious that their prey are shooting back.)
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To: pepsionice
And obastard’s money is dirty. These aren't people like the US taxpayer you can rip off for a few hundred million dollars. They get nasty when they don't get paid. If that happens, popcorn time!!!
31 posted on 08/06/2012 10:35:01 PM PDT by piytar (The predator-class is furious that their prey are shooting back.)
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To: 2ndDivisionVet

Exactly.. They are trying to convince you for whatever reason Obama is losing money.


32 posted on 08/06/2012 10:54:42 PM PDT by freekitty (Give me back my conservative vote; then find me a real conservative to vote for)
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To: cuban leaf
And to be clear, if he suspends elections,

He can't do that.

But, if he can, then there is no Constitution. If there is no Constitution, there is no law, and nothing is illegal.

He won't do that.

33 posted on 08/06/2012 11:05:20 PM PDT by cynwoody
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To: 2ndDivisionVet

This is a smokescreen.

President Soetoro has more than $100 billion available to him through extreme left-wing foundations and rich donors, not to mention all the stimulus cash that’s unaccounted for.

If this report were true, it would mean the left has given up on him.

Hard to believe.


34 posted on 08/06/2012 11:28:03 PM PDT by <1/1,000,000th%
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To: jeffc
I agree with the cheating angle...register voters both dead and alive.
35 posted on 08/06/2012 11:33:16 PM PDT by Conservative4Ever (The Obamas = rude, crude and socially unacceptable)
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To: 2ndDivisionVet

like most crooks, he’ll be sure to KEEP any monies he has secured when he loses....John Kerry was asked what happened to, or why he didn’t return about 7 million to the DNC AFTER
he lost.
Come to think of it, didn’t his barge cost about that much, 7 million?


36 posted on 08/07/2012 12:16:48 AM PDT by Doogle ((USAF.68-73..8th TFW Ubon Thailand..never store a threat you should have eliminated))
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To: pepsionice
Good point but even the idea of having to declare bankruptcy does not worry bammy. Remember he is just recently starting to pay off his debts from the last presidential run.

NV School Debt

37 posted on 08/07/2012 12:19:51 AM PDT by SledgeCS (I will vote for Obama when he admits that his idea of a transparency means "You cannot see it")
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To: 2ndDivisionVet

Obama is building up his Stash. I predict, when he loses, he will soon be living outside the US, and with a lot of hidden cash to cushion the fall from politics. Mooschelle may not be with him though... could be interesting to see what settlement she gets.


38 posted on 08/07/2012 2:59:22 AM PDT by wdnhrse
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To: pepsionice

BINGO. I have been saying tis fair years. Within 5 years of leaving office I predict Obama will be divorced and bankrupt.


39 posted on 08/07/2012 3:14:01 AM PDT by GlockThe Vote (The Obama Adminstration: 2nd wave of attacks on America after 9/11)
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To: 2ndDivisionVet

Poor Obama my ass,this lying sack of Excrement is crying for synpathy


40 posted on 08/07/2012 3:25:35 AM PDT by ballplayer
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