Free Republic

Remember when the Obama campaign hinted that they could raise a billion dollars to keep Barack Obama in the White House? Good times, good times. In February, Obama raised $45 million, but that was in partnership with the DNC, which has claim on some of that cash: President Obama‘s reelection effort added $45 million to its coffers in February, a boost in fundraising as the campaign builds up its national infrastructure.The $45 million haul was raised jointly by the Democratic National Committee, Obama for America and two joint fundraising committees — the Obama Victory Fund and the Swing State Victory...

....Mr. Obama has already attended 103 fund-raisers, roughly one every three days since he kicked off his campaign last April (twice his predecessor's pace). The president faces other fund-raising challenges. For one, there are only so many times any candidate can go to New York or Hollywood or San Francisco for a $1 million fund-raiser. Team Obama is running through its easy money venues quickly. For another, many of Mr. Obama's 2008 donors are reluctant to give again. The Obama campaign itself reported that fewer than 7% of 2008 donors renewed their support in the first quarter of his re-election...

OBAMA CAMPAIGNS MORE, HAS LESS CASH THAN BUSH IN 2004 BY: Washington Free Beacon Staff - March 9, 2012 9:48 am Since the Obama campaign told congressional leaders that it will not be ponying up any cash for the 2012 congressional campaigns, there has been increased scrutiny of the Obama campaign’s financial situation.At this point in the election cycle, President Obama has campaigned almost twice as much and has less cash on hand in his re-election bid than his predecessor, George W. Bush. According to National Journal: [Senator Harry] Reid and [Congresswoman Nancy] Pelosi, according to Democrats aware of the...