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Pres_ent Obama’s Fund- raising Machine Is Sputtering
New York Magazine ^ | 8-5-12 | Andre Tartar

Posted on 08/06/2012 10:10:14 AM PDT by kingattax

It is now accepted political reality that Romney and the wildly successful Republican super-PACs will out-raise Obama, and outspend him on the airwaves.

Despite that, the president was always expected to at the very least match his record-breaking 2008 numbers — enough to keep his unparalleled ground game humming along. That may be increasingly unlikely, reports the New York Times, after perusing the president's reelection finances.

So far, the Obama campaign has spent over $400 million (a fifth of that went to advertising), with another $52 million on payroll and benefits. For the first time ever, the president and the Democrats have less money in the bank than Romney and the Republican National Committee.

With monthly fund-raising totals consistently falling short of expectations, source close to the campaign told the Times that more and more campaign days are being set aside for extra fund-raisers, with Democratic super-PAC Priorities USA Action tapping Bill Clinton for help.

Naturally, Democratic and campaign officials are quick to wave off talk of cash flow problems, arguing that the president's spend-early strategy is actually a winning one. As explained by the Times' anonymous source:

You can pay for direct mail or TV ads at the last minute, but you can't shortcut long-term volunteer training programs. The relationships we've built, the depth of what people know about their communities, our data systems, the training and organization — good luck doing that in less than 100 days.

Additionally, there's that age-old political trope that it's always easier to set the narrative early on than it is to change it later, which is precisely why the Obama campaign and its allies doubled down on ads characterizing Mitt Romney as the outsourcing king of Bain Capital and a tax haven-favoring one-percenter.

Still, no one wants to find themselves even a little short on money in the all-important lead-up to Election Day.


TOPICS: News/Current Events; Politics/Elections
KEYWORDS: 2012issues; bho2012; fundraising; superpacs

1 posted on 08/06/2012 10:10:23 AM PDT by kingattax
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To: kingattax

which is precisely why the Obama campaign and its allies doubled down on ads characterizing Mitt Romney as the outsourcing king of Bain Capital and a tax haven-favoring one-percenter.


Unfortunately for them, that one bombed. Now what? :-P


2 posted on 08/06/2012 10:17:15 AM PDT by cuban leaf (Were doomed! Details at eleven.)
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To: kingattax

Sending him packing, back to Kenya. He could run for tribal story teller.


3 posted on 08/06/2012 10:20:54 AM PDT by drypowder
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4 posted on 08/06/2012 10:27:59 AM PDT by musicman (Until I see the REAL Long Form Vault BC, he's just "PRES__ENT" Obama = Without "ID")
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To: kingattax
Ironic.

They are mismanaging them selves out of existence.

5 posted on 08/06/2012 11:01:11 AM PDT by American in Israel (A wise man's heart directs him to the right, but the foolish mans heart directs him toward the left.)
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To: kingattax

Hard to believe bill the perv is going to do his utmost to help the punk.
Look for bill to have heart problems conveniently.


6 posted on 08/06/2012 11:12:43 AM PDT by Joe Boucher ((FUBO) Hey Mitt, F-you too pal)
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To: Joe Boucher

I’m not totally sold on that idea. Obama politically F’d the Clintoons and they are not shy about exacting revenge.

Wouldn’t that be a hoot to see the convention go totally south? They are already gearing up to let in the general public because they now know the convention will look like a Saints home game from the 90’s. At least in the Super Dome the seat colors are randomly changed to give the appearance that a crowd is there.


7 posted on 08/06/2012 12:16:15 PM PDT by mazda77 ("Defeating the Totalitarian Lie" By: Hilmar von Campe. Everybody should read it.)
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To: mazda77

If as you say and they let in the general public does that
mean foolish pubbies like me can go in and raise hell and protest?


8 posted on 08/06/2012 1:07:55 PM PDT by Joe Boucher ((FUBO) Hey Mitt, F-you too pal)
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To: Joe Boucher

Your a mean one, Mr. Grinch! Geez, how far they have fallen.


9 posted on 08/06/2012 1:17:52 PM PDT by mazda77 ("Defeating the Totalitarian Lie" By: Hilmar von Campe. Everybody should read it.)
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To: American in Israel

Why is anyone surprised? They are managing the campaign the same way they have managed the executive branch... incompetently.


10 posted on 08/06/2012 1:21:49 PM PDT by HamiltonJay
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