Fund-raising for Obama’s re-election is likely to shatter all previous records:
The president is making his campaign official slightly earlier than is typical for an incumbent so he can get a jump on fund-raising in a season that’s likely to shatter all records. Obama’s team has been asking campaign bundlers to raise $350,000 each, no easy task since campaign finance laws limit gifts to $2,500 per donor. Two sources tell CNN the campaign team hopes that in total their bundlers will raise $500 million, leaving the campaign to raise another $500 million and amass a record-breaking $1 billion war chest.
Obama raised $745 million for the 2008 election.
http://www.talkleft.com/story/2011/4/2/212220/2233
” leaving the campaign to raise another $500 million and amass a record-breaking $1 billion war chest.”
What was the average online donation from the peeps in 2008.....$15. I don’t think people are so enamoured with him this time around.
I meant $100 million in the short term. He’s desperate and will need the entire billion, plus all the free media and support money he can get.