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Obama needs more cash
Politico.com ^ | 09/15/2008 | JEANNE CUMMINGS

Posted on 09/15/2008 5:24:10 AM PDT by pjsbro

Barack Obama's $66 million haul in August donations may set records but it's only a down payment on the huge sums the Democratic presidential nominee must continue to collect in order to compete through the Nov. 4 election.

Obama is attempting to become the first candidate to privately finance the general election phase of his campaign, and his August performance seems to be a good start.

His announcement that he had $77 million in cash in the bank at the end of August came strikingly close to the roughly $85 million in taxpayer funds that Republican John McCain has to spend on the entire general election.

But the August sum came after a full-court press by the campaign and in the midst of the Democratic National Convention, historically an easier time to generate donations because the party base is focused and united. The campaign announced that it had recruited 500,000 new donors in August, which brings the number of total contributors to 2.5 million.

(Excerpt) Read more at politico.com ...


TOPICS: News/Current Events
KEYWORDS: campaignfinance; obamabiden; obamacash
There was a govt program available but 0 didn't apply...
1 posted on 09/15/2008 5:24:10 AM PDT by pjsbro
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To: pjsbro

Anyone keeping a running total of how much the Messiah has taken in?


2 posted on 09/15/2008 5:25:27 AM PDT by wolfcreek (I see miles and miles of Texas....let's keep it that way.)
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To: pjsbro

Obama lied, because he said he would take public financing and then didn’t.


3 posted on 09/15/2008 5:26:16 AM PDT by wk4bush2004
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To: pjsbro

LOL.

Finally!

A government handout program Obama DOESN’t support!


4 posted on 09/15/2008 6:01:42 AM PDT by Dinah Lord (fighting the Islamofascist Jihad - one keystroke at a time...)
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To: wolfcreek

Obama has taken in $456,000,000 incl. the $66 mil in Aug.
He says he has $77 mil on hand (no report on pledges/future cash). Looks like he knows how to blow money, too.


5 posted on 09/15/2008 6:06:08 AM PDT by jilliane
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To: wolfcreek

A better question would be to ask how much has he spent or blown since beating Hillary?


6 posted on 09/15/2008 6:10:07 AM PDT by Virginia Ridgerunner (Sarah Palin is a smart missile aimed at the heart of the left!)
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To: jilliane

zerO waited until McCain had released his August figures before releasing his own. Many of those *donations* were pledges and a percentage of them will never materialize or will come in too late to be of real use. Ask any eBay seller how this works. Try taking receivables to the bank when you need to raise payroll funds.

For the past 3 campaigns, the donks have outraised and outspent the pubbies. They lost the first two of those. I think they will lose this one.


7 posted on 09/15/2008 6:10:53 AM PDT by reformedliberal (God bless Saracuda America, speaking truth to power.)
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To: pjsbro
The campaign announced that it had recruited 500,000 new donors in August, which brings the number of total contributors to 2.5 million.

How many of those donors are really laundered funds from Pakistan and the Middle East?

I think Anti -US

8 posted on 09/15/2008 6:30:03 AM PDT by Rodm (Seest thou a man diligent in his business? He shall stand before kings)
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To: pjsbro

He will need at least twice as much as McCain because he spent twice as much cash as Hillary to even barely beat her.


9 posted on 09/15/2008 6:47:09 AM PDT by finnsheep
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To: pjsbro

I am not interested in how much the Messiah has collected, but how much is contributed by foreign muslim sources. How does he keep track of the source of the money that he collects using the Internet?

How does one go about insuring that he remains legal?


10 posted on 09/15/2008 7:04:11 AM PDT by Citizen Tom Paine (Swift as the wind; Calmly majestic as a forest; Steady as the mountains.)
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To: jilliane

“$456,000,000”

Damn, that’s a lot of wine and cheese!


11 posted on 09/15/2008 12:28:30 PM PDT by wolfcreek (I see miles and miles of Texas....let's keep it that way.)
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