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 ...
the Dem party is now officially the party for the elitists, rich Starbucks drinking yuppies and the uneducated sheep who look for a D when they vote
George Soros gave half of that in prepaid credit cards , well I wouldn’t be surprised at all if he did.
How much of that was from foreign sources? Just a spot check of the small amount credit card numbers might be interesting. Any currency conversion charges, Mr. finance director?
In America 2.0 it is. Our Constitution has been thrown out by the Obamunist who campaigned in Kenya and Germany and boasted of being a Jakarta street kid.
Well, McCain was hoist on his own petard. He can’t blame anyone but himself. OK, the media was complicit in absolving Obama from his broken promise, too.
the money didnt start coming into mccain’s campaign until he selected Sarah as his running mate. imagine how much less he would have raised without her.
UK Celbrity, Admits He Contributed Money to Obama Campaign
http://www.freerepublic.com/focus/f-bloggers/2137331/posts
The Obama Report ^ | 11/24/08
Posted on Monday, November 24, 2008 4:19:57 AM by Frankusa
Watch the following YouTube video as renowned British comedian, Eddie Izzard, tells CNN that he made a donation to Barack Obama’s Presidential campaign. Izzard says that as a citizen of the UK he couldn’t vote for Obama, so he supported his candidacy by making a donation to his campaign.
According to the FEC’s records, Mr. Izzard donated $2,300 to Obama’s campaign - under an LA address...
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Palestinians Deny Obama Returned Illegal Contributions
Market Watch -
http://www.freerepublic.com/focus/f-news/2057815/posts
Wall Street Journal Digital Netwalk ^ | August 6th, 2008 | Aaron Klein
Posted on Wednesday, August 06, 2008 9:29:38 PM by ncfool
Candidate’s staffers insist Gaza brothers refunded, but men say, ‘We did not receive any money back’ In response to a WND story, Sen. Barack Obama’s campaign contends it returned $33,500 in illegal contributions from Palestinians in Hamas-controlled Gaza, but the donors told Aaron Klein of WND today they have not received any money. The Wall Street Journal reported it spoke to Obama officials who said the donations from three Palestinian brothers were received between Sept. 20 and Dec. 6 last year, and virtually all of the money was returned by Dec. 6. The campaign said, however, the refunds were not reported to the Federal Election Commission due to a technical error.
(Excerpt) Read more at marketwatch.com ...
How’d that campaign finance reform work out for you, McCain?
About half those funds came out of the middle east—imagine that.
His ‘homeys’ are gonna have to spread their own wealth around. I am not paying more taxes, period!
did he pay taxes on that? where is the accounting of the spending? nice piece of bling michelle received... how was it paid for? can’t be from his senate salary, since he hasn’t been much of a senator this year...
Yea, and He does not have to report the money to the FEC, and McCain does! Doesn’t that frost your butt!
Anyone read any MSM'ers whining about the need for campaign finance reform?
That formerly burning issue for the MSM seems to have been extinguished by a two to one money advantage for the Democrats.
No bias though!
/S
If you look at the big picture, Obama basically has to outspend McCain twice to get the 100 EVs in the seven swing states (FL,OH,IN,NC,VA,CO,NV). Out of these, FL,NC and IN are very close. In Ohio, conservatives just sat home. In Colorado,Virginia and Nevada Obama recruited massive number of voters and got them out to vote. This is what happened in a nutshell. He couldnt budge the red votes in Georgia, Montana and Missouri enough to get a landslide. He should really be worried because if his cronies dont get the unicorns and rainbows he promised it is going to get ugly.
Shouldn’t just the vast amount call for some kind of an investigation? Not necessarily the disparity, as McCain did agree the take public funds. But man that’s a boat load of money for such a short amount of time.
McCain could have opted out of the 86 million taxpayer dollars, just like 0, and like they both did in the primary, but he was afraid he couldn't make it up on his own.
Pretty poor candidate, actually.
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