Posted on 02/21/2012 12:37:17 PM PST by SeekAndFind
Monday was a holiday here at The Fix — and we ain’t talkin’ about President’s Day.
January fundraising reports were due by midnight last night, which made Monday the highest of political nerd holidays: FEC Day. And you can find all the numbers here.
Given an extra six-plus hours to let the data stew a little bit, we now present you with our January fundraising winners and losers...
WINNERS
* President Obama: All four Republican presidential candidates raised good money but also spent heavily in January. Obama faced the prospect of a well-funded Mitt Romney ending the nominating contest in January and having plenty of primary cash leftover to build a campaign over the next six months, but that’s no longer going to happen.
Obama’s campaign had $76 million cash on hand at the end of the month; the four GOP candidates had less than $13 million combined. Even better for Obama is the fact that Romney’s opponents closed the fundraising gap significantly, which will reduce Romney’s spending advantage going forward (see below for more on this).
* Ron Paul: The Texas congressman just keeps plugging along, defining the word consistency. He raised $4.5 million in January — matching his pace from the fourth quarter — and raised another $1.7 million in a money bomb event this month.
If he can keep this up — and we have every reason to believe he can -- he’s going to be able to run a well-funded operation for months to come. Republican presidential candidate and Rep. Ron Paul (Texas) speaks at Williston High School in Williston, N.D., on Sunday. (AP Photo/Williston Herald, Elijah Nouvelage)
(Excerpt) Read more at washingtonpost.com ...
BOTTOM LINE:
Obama has raised $76M in January. The rest of the GOP field has raised a mere $13 Million COMBINED.
You think Obama and Moochelle campaigning on our dime makes a difference.Golleeeeeeeee
If he is the party of the poor how does he make so much money.
Obama’s communist backers realize this is the best chance they’ve ever had to destroy America. A re-elected Obama who doesn’t have to answer to the voters makes them extremely giddy. The left’s gonna go all-in with this election.
I’m not too concerned.
In 08, money was huge for Baraq because they had to paint that phoney picture of an unknown guy.
2012 is givers vs takers.
Baraq vs Not Baraq.
The GOP candidates had to spend. Let's wait and see what happens when Obama actually has to spend some of that cash.
He ended the month with $76 million on hand...
but he raised $12 million.
And he outspent his fundraising at $17 million.
He still out-raised the GOP field...but that leaves out the super-pacs.
If you combine Newt’s fund-raising, with the pro-Newt super-pac, it adds up to $12 million...right on par with Barry.
Mitt - $13 million
Rick - $6.5 million.
How did Barry do in Jan 2008? $32 million
“I’m not too concerned.”
We see the same events in an entirely different way.
I’m totally disgusted because I believe Obama is a shoe in.
I see Obama as having one huge disadvantage...well 2 really.
The first is that the GOP will have no qualms this time about taking public funds. Remember that McCain had only $76 M to Obama's $750 M last time around...a 10:1 advantage. And even with this advantage Obama was unable do a landslide. How will he perform with a more-or-less equal playing field? Not well I imagine.
The second is that Obama's base is much cooler on him than they used to be. He's having to resort to big money donors because the smaller donors are not ponying up like before. And this will carry over to the door-to-door activities as well.
The numbers are not what was raised but what was left at month's end.
It's not all that surprising the incumbent president would have considerable cash on hand when faced with no challenger while the contested primary of the other party is burning through cash fast.
Here’s my take:
(Karl Rove whiteboard in hand)
Win all the 08 McLame states (not that difficult)
Flip Indiana (I’ve got that one covered)
Flip Ohio, Florida, and Penna (the hard work)
If not Penna, Va + NC.
I’m not that pessimistic.
I join you in your disgust.
Feinstein’s coffers. MF Global accounts.
Missing. Really? Electronic transfers leave no trails? No one knows where the money went?
...and how much of Zero’s money is laundered tax money?
It says that he had $76mm in cash on hand at the end of January. It did not say that he had raised $76mm in January.
It also says that the GOP candidates had $13mm in cash on hand, not that they raised $13mm - they've all been spending quite a bit on the primary campaign while Obama is not doing much spending at all.
Bottom line: read a little more carefully.
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