Skip to comments.Obama raised $745 million, twice as much as McCain
Posted on 12/05/2008 11:53:18 AM PST by weegee
...Obama reported raising $104 million in more than five weeks immediately before and after Election Day. It was his second biggest fundraising period and a fitting coda to a successful presidential bid that shattered fundraising records.
...Obama exceeded the combined finances of the two major parties' nominees four years ago. George W. Bush and John Kerry pulled in a total of $653 million in the 2004 primary and general election campaigns, including federal public financing money.
Obama's prowess at attracting money, one of the many characteristics that defined his campaign, could well spell the end of a 30-year experiment in public financing of presidential contests.
After initially vowing to take public funds if McCain did, Obama became the first presidential candidate since the campaign finance reforms of the 1970s to raise private donations during the general election.
The final numbers underscore how pivotal the two candidates' strategies were for funding their general election campaigns: McCain accepted $84 million in taxpayer money through the public financing system; Obama gambled that he could raise far more from private money...
The party committee couldn't escape one of its most awkward moments of the campaign. After spending nearly $150,000 on clothing and accessories for McCain's running mate Sarah Palin in September...
...But while Obama has made much of his large number of donors, the nonpartisan Campaign Finance Institute found that Obama collected about 26 percent of his total haul from people who gave less than $200 about the same as President George W. Bush did in his 2004 campaign.
And like other campaigns, Obama's relied for nearly half of its fundraising on big donors, those who gave $1,000 or more, a finding that "should make one think twice before describing small donors as the financial engine of the Obama campaign," the institute reported.
(Excerpt) Read more at chron.com ...
I guess it takes a lot of money to reach morons.
The Campaign Finance Institute is a non-partisan, non-profit institute affiliated with The George Washington University.
The Campaign Finance Institute has received generous support from:
Carnegie Corporation of New York
The Joyce Foundation
The Pew Charitable Trusts
Smith Richardson Foundation, Inc.
Rockefeller Brothers Fund
Stuart Family Foundation
Good. He should “spread the wealth around” and it give to some of the homeys that voted for him.
how much came from overseas?
how much did Soros fund him though prepaid credit cars and I can’t still believe that is legal and why the GOP is not banning them so we do not have to face the same crap again in 4 years.
What is wrong with the GOP, get them banned?
Money not well spent.
Yep, McCain-Feingold *killed* McCain... LOL
Way to go, McCain...
Over $200million came from overseas.
All I can say is Barry has one helluva lot of “favors” to return with a haul like that.
Without a doubt, the Presidency has now been bought and paid for.
And lets get off this BS story of the Dems being for the “little guy” once and for all.
The question is,,who received the most in LEGAL contributions?
According to this article,
Obama raised 100 million more than Bush and Kerry combined.
McCain raised about half as much which was more than either Bush or Kerry.
Finally, I doubt no matter who ran against Obama, we would not have come up with 750 million.
$745 million raised for 66,882,230 votes that’s over 11 dollars per vote. If you count in kind contributions from the networks and NYT the number is significantly higher.
Is that legal?
The Marxists and Capitalists are struggling in a non-violent civil war for the government of out nation, but only the Marxists seem to know that
- frog in a pot
What will we do if the USSC does not take action prior to Jan 8, 2009?
See my About page for what should happen!
do we know who form overseas gave money?
what I am getting at is are they Americans working in other countries or are they non Americans and groups like Hamas
McCain-Finegold gets Mccain, justice wouldnt you say?
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