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Obama: $60M in February?
Hugh Hewitt's blog at Townhall ^ | February 21, 2008 | Patrick Ruffini

Posted on 02/21/2008 11:11:07 PM PST by beaversmom

According to my initial projections off this crowdsourced spreadsheet of Obama donations I set up after the Wisconsin victory, Obama has already raised at least $45 million for February and is on track to raise $60 million for the month.

A source who tracks Obama’s public donation number like a hawk tells me that Obama had tallied about 256,000 donors for the year as of the end of January. Those donors produced $36 million in receipts, for an average contribution of $140.

Obama’s public donor count stands at 583,525, meaning about 327,000 people donated in February. With the same average, that would give Obama just over $46 million in 21 days.

This is in line with the expectations game they are playing. The campaign says they will raise at least $36 million in February. You can bet that they wouldn’t say that if they hadn’t already passed the mark, plus a decent sized buffer. Their lowered expectations call for them to beat January’s total, when they will in fact blow them out.

A couple of notes.

First, I wouldn’t be surprised to see the $140 average go up this month. People give more as the stakes go up. I’m sure he is also getting some “frontrunner” money he wasn’t getting before. I wouldn’t be surprised if the total would up being $70 million.

Also, thanks to an interesting quirk in the way the Obama website publicly records donations — batch uploading donations from made from the email fundraising link at once — it’s possible to separate out donations made from email from those that organically come in on the Web site. Both e-mails I tracked seemed to generate about 36,000 contributions, or somewhere between $3.5 and $4 million. So, even without any momentum-generating primary victories (in fact, there are none left this month), all the Obama campaign would need to do is send 3 or 4 more emails to their list to reach $60 million.

Adjust your March 1 David Plouffe conference call expectations accordingly.


TOPICS: Politics/Elections
KEYWORDS: barackhusseinobama; chebama; clinton; cultofobama; elections; fundraising; nobama; obama; ruffini

1 posted on 02/21/2008 11:11:08 PM PST by beaversmom
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To: beaversmom

Actually it was $66.6 million, but his treasurer Screwtape prefers to speak in round figures.


2 posted on 02/21/2008 11:13:41 PM PST by oblomov
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To: beaversmom

Which proves that a fool and his money are soon parted.


3 posted on 02/21/2008 11:15:51 PM PST by Kickass Conservative (Guns don't kill people, gun free zones kill people)
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To: beaversmom

well he has a piece of all the crack dealers in town


4 posted on 02/21/2008 11:16:11 PM PST by al baby (Hi mom)
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To: beaversmom

5 posted on 02/21/2008 11:18:45 PM PST by sageb1 (This is the Final Crusade. There are only 2 sides. Pick one.)
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To: beaversmom

Lucky for Obama, it is a leap year.


6 posted on 02/21/2008 11:27:52 PM PST by trumandogz ("He is erratic. He is hotheaded. He loses his temper and it worries me." Sen Cochran on McCain)
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To: oblomov

In contrast McCain raised $12,600,000 in January.


7 posted on 02/21/2008 11:33:27 PM PST by gpapa (Kill the terrorists, protect the borders, punch the hippies)
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To: gpapa
In contrast McCain raised $12,600,000 in January.

Lay off McCain, January only has 31 days.

8 posted on 02/21/2008 11:38:33 PM PST by trumandogz ("He is erratic. He is hotheaded. He loses his temper and it worries me." Sen Cochran on McCain)
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To: oblomov

Is that true or are you joking? It would make sense.


9 posted on 02/21/2008 11:41:41 PM PST by John Robie
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To: John Robie
Yes, joking. I suggest reading The Screwtape Letters by CS Lewis sometime. A timeless gem.
10 posted on 02/21/2008 11:49:12 PM PST by oblomov
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To: oblomov

Thanks. I will try to check that out. I have not read his work before but hear good things.


11 posted on 02/21/2008 11:53:39 PM PST by John Robie
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To: John Robie

That book is an excellent place to start. It’s short and very entertaining, but philosophically deep.


12 posted on 02/21/2008 11:56:01 PM PST by oblomov
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To: beaversmom

That’s quite amazing.


13 posted on 02/22/2008 12:15:31 AM PST by DoughtyOne (We've got Tweedle Dee, Tweedle Dumb & Tweedle Dumber left. Name them in order. I dare ya.)
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To: beaversmom

Let the dems set fundraising records during the primaries. They’ll be all tapped out for the general election.


14 posted on 02/22/2008 3:50:39 AM PST by T Ruth (Islam shall be defeated.)
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To: T Ruth

“Let the dems set fundraising records during the primaries. They’ll be all tapped out for the general election.”


The general election is where the big donors kick in, like the Labor Unions and the special interest groups and all the liberal money coalesces around one person. Plus a significant portion can be carried over to the general election.
Obama has $25 million in cash on hand to Senator McCain’s $5 million.
Its cause for concern.


15 posted on 02/22/2008 10:02:19 AM PST by jamese777
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