Posted on 01/30/2009 9:19:31 AM PST by STARWISE
President-elect Barack Obama brought in nearly $750 million for his presidential campaign, a record amount that exceeds what all of the candidates combined collected in private donations in the previous race for the White House, according to a report filed Thursday with the Federal Election Commission.
Underscoring the success of his fund-raising, Obama reported that he had nearly $30 million in the bank as of Nov. 24, despite spending furiously at the end of his campaign.
(Excerpt) Read more at iht.com ...
are the remaining millions a slush fund he's free to use?
~~PING!
Good grief.
couldn’t even spend it all. and the FEC isn’t even given the money to buy a better DB than MS ACCESS, and so they “can’t sift the data”
Campaign finance reform at its best (sarcasm intended).
There is only one word to describe this...shameful.
We better start sending money immediately to Sarah (or whoever we all can agree on...lol) now because I bet Presidential campaigns are going to be that expensive for here on out. The days of running for President for 100 million are over.
Yes, McCain & Feingold must be soooo proud...
How Much from overseas foreign contributors?
Which is illegal BTW.
No One will go to jail for this law breaking?
Sarah’s handicapped because she will only accept legal contributions.
No. We turn this around and spend the next four years railing against EVERY socialist in any election anywhere in the world. Give them money. Tell them "the world can't wait".
Soros and the Obamites fixed that.
Roughly 1/3 was overseas donations.
lol. True, but still she is going to need a ton of money.
What percentage of it was from foreign sources?
That’s funny Freddie Mae lost that exact amount of money.(sarc)
LOL, you’re kidding right? You do know that Odummer is a Democrat.
When you have that big a bag of lies, what do you expect.
A few months ago, on Greta’s program, I recall that Mary Matalin stated that Gov. Palin held around 30 fundraisers during the campaign and raised $317 million in 7 weeks for the RNC. So, I would say that the good Governor has the ability and prowess to match Obama toe-to-toe when it comes to fund-raising.
And I hear that about a third of it was ILLEGAL contributions from FOREIGNERS!!!
The Justice Department is going to be after Soetoro for SURE!!!
Thank you John McCain. Not since Millard Fillmore has a man of so few talents achieved so much.
The way I see it: The grassroots should decide NOW who we support, and send as much money as we can afford, starting right now.
A candidate can spend as much of HIS OWN money on his campaign, right?
So, send a check to Sarah Palin—payable to SARAH PALIN.
And f#@& the law! Soetoro already did.
His to use for past and future campaign expenses. Should make a second term pretty easy to obtain....especially with the help of the media, unions, apostate churches, Hollywood, higher education, Wall St., and so on.
It was public knowledge, spread all over, that his campaign turned off the credit card checks so that illegal contributions and fake contributions wouldn’t be noticed.
And the Justice Department said NOTHING about that.
Massive voter fraud, massive campaign contribution fraud, massive foreign contributions, and nothing said.
Senator John McCain, who was limited to the $84 million allotted to him from the Treasury under public financing, spent $26.5 million during the same time.
And they want to investigate John McCain.
What's wrong with this picture?
You have just posted the “Post of the Day”. We should all read and heed your very true and intelligent post.
I think it's a down payment for 2012. Maybe Bernie Madoff can invest if for him in the mean time?
Absolutely .. I’m convinced Soros’ billions bought millions of $50, $100, $200 visa cash cards ... credit check defaults turned off on the verifying software, and completely untraceable .. from all those “small, individual donors.”
He’s already started his 2012 campaign.
Get ready, Sarah!
Good point. I would think personal funds would be taxable, tho. But we can send $$ for Sarah to
and the sooner, the better.
~~~
PLEASE pass on the site.
Gov. Palin held around 30 fundraisers during the campaign and raised $317 million in 7 weeks for the RNC
~~~~
Wow .. that’s impressive.
This was a Soros funded campaign with the propagandist MTV, American Idol,and Hollyweird telling the messiah worshipers how to vote. Joseph Goebbels would be so happy seeing his traditions upheld by the DIM party.
I didn’t read far enough:
~~~
“Obama officials said
***their final tally of individual contributors surpassed 3.95 million,***
including 547,000 new contributors in the period covered by their latest finance report.
It is unclear what Obama plans to do with the leftover money.
In 2004, when Kerry reported that he had more than $14 million remaining in his account for the primaries, some Democratic officials reacted in anger and disbelief that he had not spent all of his resources. Kerry officials said they had reserved some money to pay for a recount or legal challenges.
That type of second-guessing is less likely this time because Obama won.
He has several options for his remaining cash, Gross said, like transferring it to the Democratic National Committee or another party committee, or rolling it over to his 2012 re-election campaign.
What is not an option for Obama is to help Senator Hillary Rodham Clinton with paying off the debt from her campaign for the Democratic presidential nomination.
According to reports filed last month, Clinton is still struggling to retire about $7.5 million, and she faces fund-raising constraints should Congress approve her as secretary of state in the Obama administration. Gross said the most the Obama campaign could transfer to her was $2,000.”
~~~~
*********Question: can he use these funds for legal fees ?
Oh, yeah, McCain/Feingold did such a BRILLIANT job of “taking the money out of politics”!!!!!!!!!
Oh, sure, and the FEC “knows” that the Obamanation did not buy this election with vast slush funds from offshore and illicit sources......
I read that Pres. Bush and the Obamanation had right about the same % of “small donors” (it’s a total myth that Obama was fueled by predominantly small donors under $100, except maybe for all the illegal ones) and that 75% of Obama’s funds came in very sizable donations....... not to mention who knows how many “small donations” were simply sent en masse from disposable credit card #s etc. since the Obamanation website disabled basic website/donor security verification.
This is all such a total crock. John McVain participated actively in the rise of the Obamanation and he can be “Proud” of it indeed.
Lawyers.
The Democrats two to one campaign fund raising advantage seems to have extinguished the MSM's burning desire for meaningful campaign finance reform.
1/3 750 Million= 250 Million,
Should be a Capitol offense!
Like I said, No one will even go to jail for this.
Not sure on your question. I am curious if the SEC will do anything about all of the illegal campaigns contributions, including the ones coming from overseas from people who are not citizens of this country!
Obama on racism, at Harvard
“I’m interested in organizations, not movements because movements dissipate and organizations don’t ...”
http://d.scribd.com/docs/tm0x4em54lhl54iuuqv.pdf
That’s a lot of foreign money.
Sarah is a bit of a puzzlement to me. Don't get me wrong, I think she is wonderful and a true Republican conservative. The media crucified her and she kept giving them material. I was furious when she fell for the prank phone call a few days before the election. BUT she has a huge following and they are completely devoted to her. I just don't know how that would play out. Is she too damaged? I know many Republicans that liked her but thought she was just too silly acting. I think if she could learn to not act so cutesy, work on the accent, take away all of the things that they used against her, she might be a formidable candidate. Oh and don't go on *gotchas* like Katie Couric, blow them off.
EVERYONE! PLEASE GO READ AT THE LINK BELOW! WE NEED ACTIVE MILITARY TO FILE!
http://naturalborncitizen.wordpress.com/
yeah, but WHERE did all that cash come from???
“Roughly 1/3 was overseas donations.”
Do you have a source for this?
a record amount that exceeds what all of the candidates combined collected in private donations in the previous race for the White House
I'm with you but feeling pessimistic in addition. The media will be so much worse towards Sarah and her family/friends with her at the top of the ticket. Who would want to run for president under that sort of "scrutiny"?
I just hope we don't lose a great candidate because of it...*sigh*
Let me retract that, I was misremembering an early stat on his overseas fundraising activities.
Clearly he was receiving illegal foreign contributions. The Palestinians gave to him and I don’t recall him giving the money back.
Also he “sold” merchandise on his website. While they would not ship such merchandise out of the country, there was no such prohibition on people “buying” the $5 digital download of his promotional album (which included tracks by non-US citizens, which is in and of itself a campaign contribution).
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.