Skip to comments.Obama Campaign Outstrips Mitt Romney In August Fundraising
Posted on 09/10/2012 6:35:13 PM PDT by Steelfish
Obama Campaign Outstrips Mitt Romney In August Fundraising Advisers say president's total of $114m came from grassroots donations, not from 'limitless checks' they say Romney enjoys
10 September 2012
President Barack Obama broke Mitt Romney's dominance of fundraising last month after sending out a series of increasingly desperate and frenetic appeals for cash.
Obama raised more than $114m compared with Romney's $111m, figures released on Monday showed. It comes after three straight months in which the president has been beaten by his White House rival in terms of campaign donations.
Obama's $114m in August represented a big jump from the $75m he raised in July, and came after a series of emails, television appeals and other pleas for help.
Jim Messina, Obama's campaign manager, attributed the rise to small donations. The Democrats like to portray their fundraising as being reliant on a large grassroots movement, rather than the wealthy donors they claim Romney relies on.
More than 1.1 million made contributions averaging $58, the campaign said. More than 317,000 had never contributed to a campaign before, it added.
The Obama camp said that since the re-election campaign began, more than 3.1 million Americans have donated money to their cause, more than in 2008. Ninety-eight percent of donations were $250 or less.
Obama's surprise fundraising success was announced earlier Monday in a tweet from his campaign team less than 30 minutes after the Romney campaign published its results.
(Excerpt) Read more at guardian.co.uk ...
Sorry Skippy. I've got to call bull**** on that. Unless Barry's campaign is now taking EBT cards (Which I wouldn't doubt they do), Barry's freeloaders claim that they don't have any money. Where would a bunch of lowlife, 'RAT freeloaders get 114 million bucks? OPM?
And every donation was a debit card.
Since when is less than a 3 percent difference “outstripped”? And seriously, the fact that Obama is going to have to pay up something like $15 million for last week alone is going to put a hell of a dent in his war chest. Finally, incumbents are EXPECTED to outraise challengers!
Hussein is ahead in the polls and raised more money - the two are connected. He’s in an all out campaign to get votes and money. If a person gives money, any amount of money, that person is more likely to go vote because they have a money investment now.
Considering the fact that Hussein practically owns the DOJ as well as the Supreme Court, his campaign can get away with anything — including illegal donations from abroad.
The US government pays for both party's national convention.
” Sorry Skippy. I’ve got to call bull**** on that. Unless Barry’s campaign is now taking EBT cards (Which I wouldn’t doubt they do), Barry’s freeloaders claim that they don’t have any money. Where would a bunch of lowlife, ‘RAT freeloaders get 114 million bucks? OPM?”
The gays and abortion loving feminists and other secular elitists are giving him money.
Mitt has a 14 point lead with indies per cnn. If this is true this race is over
Wow...now that is one huge gap...
With the media hype over this you would think Obama has outraised Romney 2-1 or better.
It’s not just what you take in, but what you spend, too. If I recall correctly, the anti-Christ’s infrastructure is more expensive than Gov. Romney’s.
That’s less than the amount that it turned out was charged to cards each month four years ago without the cardholder’s consent. I wonder how many moms will find out that their cellar dweller borrowed their card.
The Independent GOP PACs are clobbering the Democrat PACs in fundraising.
No they don't. The partys do. Mainly from Corp donations. Duke Energy mostly paid for the Democrat convention
Yes and now instead of having $60 million more the Obama to spend, Romney only has $57 million more
Much like the new job numbers, these too will be revised downward next week.
how does 114 vs 111 translate into “outstrips”?
Not just foreign donations. As we get closer to election day he can borrow money from the big banks knowing he will never pay the money back. What bank will turn down a request from the campaign for a “short term” $50 million loan knowing if they turn it down the full force of the SEC, IRS, and Justice Department will be brought down on the bank and it’s officers if Obama wins. $50 million each from the five largest banks is $250 million.
From Obama’s perspective it is just another crooked Chicago scam. If he loses the election, the campaign goes belly up and doesn’t repay the loans — no skin off his back. If he wins, the bank CEO’s will experience quiet one on one meetings with political operatives explaining how it would be in their best interest to forgive the loans. It wouldn’t surprise me if after election day we learn the O campaign is several hundred million in debt with no intention of repaying. After all, who will stand up and say no? Plus think of the joy he will get from stiffing a bunch of greedy capitalist bankers.
The government(taxpayers) contributed about $130 million to both parties for their conventions. Congress needs to zero that out in the future!
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