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WSJ: Clinton Lifts Fund-Raising Stakes--Ambitious Volunteer Effort Pressures Rival Candidates
Wall Street Journal ^ | February 7, 2007 | JEANNE CUMMINGS

Posted on 02/07/2007 8:27:25 AM PST by OESY

In a show of financial muscle, Sen. Hillary Clinton today kicks off a fund-raising effort of volunteers working to direct donations from $25,000 to $1 million to her presidential campaign.

The million-dollar target for some fund-raisers demonstrates the overheated pace of the 2008 money race and raises the stakes for Sen. Clinton's competitors. Her allies will be able to generate that level of giving by soliciting checks of as much as $4,600 -- the maximum allowed for the primary and general election -- from friends and family, and recruiting others to become money raisers for their account....

This strategy -- designed to minimize the number of challengers and to solidify front-runner status -- worked for the Bush campaign in 2000 when it was entering a crowded, wide-open primary field. One notable difference this year may be Illinois Sen. Barack Obama, whose appeal to voters may help him keep pace with Mrs. Clinton even if he isn't first in the March tallies.

On July 1, 1999, Mr. Bush reported raising a record $36 million in six months....

"Early fund raising shows an ability to organize and capture the energy and excitement behind a candidate and their vision," said Jack Oliver, a senior Bush finance official in 2000 and 2004.

Still, the Clinton camp's million-dollar target dwarfs those used by President Bush in 2000 when he rewrote the campaign financing book by recruiting fund-raising "bundlers," volunteers who raised up to $100,000 by collecting checks of up to $1,000 -- then the legal maximum -- from friends and family....

Dozens of people are expected to attend the Clinton fund-raising session on Capitol Hill. In addition to recruiting volunteers, the campaign plans to open fund-raising offices in major cities and name regional directors....

(Excerpt) Read more at online.wsj.com ...


TOPICS: Culture/Society; Front Page News; News/Current Events; Politics/Elections
KEYWORDS: campaign; contributions; donations; electionpresident; fundraising

1 posted on 02/07/2007 8:27:30 AM PST by OESY
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To: OESY

2 posted on 02/07/2007 8:27:50 AM PST by OESY
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To: OESY

All those millions won't fix her screechy voice.


3 posted on 02/07/2007 8:35:45 AM PST by BigBobber
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To: OESY

Chris Dodd is bizarrely raising money faster than Hillary -- his chairmanship of the Senate Banking Committee is apparently good for that (even discounting the transfer from his senate to his presidential fund). He won't be able to keep it up, but if Vilsack, Biden and friends falter he may be able to compete with Hillary, Obama and Edwards.


4 posted on 02/07/2007 8:36:02 AM PST by Alter Kaker ("Whatever tears one sheds, in the end one always blows one's nose." - Heine)
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.


5 posted on 02/07/2007 8:37:34 AM PST by Mo1 ( http://www.gohunter08.com)
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To: Alter Kaker



6 posted on 02/07/2007 8:43:34 AM PST by Alter Kaker ("Whatever tears one sheds, in the end one always blows one's nose." - Heine)
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To: OESY

Wow! Brownback has more money on hand and has raised more money than McCain!? Talk about shocking statistics...


7 posted on 02/07/2007 8:48:05 AM PST by Pyro7480 ("Jesu, Jesu, Jesu, esto mihi Jesus" -St. Ralph Sherwin's last words at Tyburn)
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To: OESY

Edwards didn't have any money left? :-)


8 posted on 02/07/2007 8:48:25 AM PST by Howlin (Honk if you like Fred Thompson!!!)
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To: OESY

Chris Dodd raised over 3 million last quarter???


9 posted on 02/07/2007 8:51:12 AM PST by Mo1 ( http://www.gohunter08.com)
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To: BigBobber

Or help her deal with "Evil Men".


10 posted on 02/07/2007 9:22:56 AM PST by Phlap (REDNECK@LIBARTS.EDU)
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To: Howlin

Wonder if Coulter will donate to Ms. Clinton in the general after we pick Rudy for our nominee based on her recent comments?


11 posted on 02/07/2007 9:35:50 AM PST by PhiKapMom (Broken Glass Republican -- Rudy 08 -- Take back the House and Senate in 2008)
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To: BigBobber

She sounds like a cat being strangled to death.


12 posted on 02/07/2007 9:40:59 AM PST by Mad_Tom_Rackham (I don't have any reason to be cynical, but...)
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To: Mo1
Chris Dodd raised over 3 million last quarter???

Most of the money he raised I believe was transferred from his Senate reelection account, but he still outraised Clinton even aside from that.

13 posted on 02/07/2007 9:51:00 AM PST by Alter Kaker ("Whatever tears one sheds, in the end one always blows one's nose." - Heine)
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To: Pyro7480

That's not a shock to me. Only the media loves McCain. They keep saying he's the "presumed frontrunner" .. but the public is not buying.

Hugh Hewitt commented one day that the reason the media wants McCain is because they have already designed a plan to attack him .. using his bad temper (unstable) .. and his battles with recurring cancers (indicating his failing health).


14 posted on 02/07/2007 9:52:25 AM PST by CyberAnt (Drive-By Media: Fake news, fake documents, fake polls)
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