Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Big donors are the key to Obama's record haul
IHT ^ | August 5, 2008 | Michael M. Luo and Christopher Drew

Posted on 08/05/2008 4:50:05 PM PDT by flyfree

In an effort to cast himself as independent of the influence of money on politics, Senator Barack Obama often highlights the campaign contributions of $200 or less that have amounted to fully half of the $340 million he has collected so far.

But records show that a third of his record-breaking haul has come from donations of $1,000 or more - a total of $112 million, more than the total of contributions in that category taken in by either Senator John McCain, his Republican rival, or Senator Hillary Rodham Clinton, his opponent in the Democratic primaries.

Behind those large donations is a phalanx of more than 500 Obama "bundlers," fund-raisers who have each collected contributions totaling $50,000 or more. Many of the bundlers come from industries with critical interests in Washington. Nearly three dozen of the bundlers have raised more than $500,000, including more than a half-dozen who have passed the $1 million mark and one or two who have exceeded $2 million, according to interviews with fund-raisers.

(Excerpt) Read more at iht.com ...


TOPICS: Extended News; News/Current Events; Politics/Elections
KEYWORDS: 2008; bundling; campaignfinance; fundingtheleft; fundraising; obama; obamatruthfile
Well, duh!
1 posted on 08/05/2008 4:50:05 PM PDT by flyfree
[ Post Reply | Private Reply | View Replies]

To: flyfree

Where are they raising all this money? Money is going to correspond to polls - at least I would think so. But they are raising so much more than their meager poll shares. In fact half of their donations come from unlisted locales.


2 posted on 08/05/2008 4:54:37 PM PDT by Norman Bates (Freepmail me to be part of the McCain List!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: flyfree
Big Business helping the Dems - that's the one million dollar secret that the press doesn't want to say anything about.

FuzzySnake.com

3 posted on 08/05/2008 4:55:42 PM PDT by GaryLee1990 (www.FuzzySnake.com)
[ Post Reply | Private Reply | To 1 | View Replies]

To: GaryLee1990

Obama has easily raised more from Wall Street than McCain (which incidentally seems filling up with more and more hedge fund liberal types). As far as lobbyists go he has more than taken his share from Kirkland & Ellis LLP. And “big oil.”


4 posted on 08/05/2008 4:58:43 PM PDT by Norman Bates (Freepmail me to be part of the McCain List!)
[ Post Reply | Private Reply | To 3 | View Replies]

To: flyfree
“bundlers” = launderers. He's got some big bucks coming in from illegal places.
5 posted on 08/05/2008 5:10:54 PM PDT by meyer (...by any means necessary.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: flyfree

http://opensecrets.org/pres08/contrib.php?id=N00009638&cycle=2008

Goldman Sachs $627,730
University of California $523,120
JPMorgan Chase & Co $398,021
Citigroup Inc $393,899
UBS AG $378,400
Google Inc $373,212
Harvard University $369,802
Lehman Brothers $353,922
National Amusements Inc $352,603
Moveon.org $347,463
Sidley Austin LLP $326,845
Skadden, Arps et al $304,050
Time Warner $298,972
Morgan Stanley $291,388
Microsoft Corp $276,925
Jones Day $266,705
Latham & Watkins $252,845
University of Chicago $250,685
Wilmerhale Llp $249,282
Exelon Corp $239,061


6 posted on 08/05/2008 5:20:25 PM PDT by Grampa Dave (Obama, the Oreo CINO, wants special-ed treatment as our untouchable affirmative action candidate)
[ Post Reply | Private Reply | To 1 | View Replies]

To: flyfree; SierraWasp; tubebender; NormsRevenge; Shermy; PhilDragoo; devolve; Jeff Head; nutmeg; ...

Take a few minutes for an informative exercise. Note I didn’t say fun.

Go to the site below:

http://opensecrets.org/pres08/search_donor.php

Enter Obama’s name and the zipcode you live in, you work in or any around you.

Let the search machine do the search.

I’m surprised at how low Obama’s big bucks are in the rich two counties, I’m familiar with. The big bucks were put on Kerry in the last presidental election. Obama is still getting some, but not the breadth and depth Kerry had.

http://opensecrets.org/pres08/search_donor.php


7 posted on 08/05/2008 5:42:28 PM PDT by Grampa Dave (Obama, the Oreo CINO, wants special-ed treatment as our untouchable affirmative action candidate)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Grampa Dave
About 11k from the zip I work in, and ZERO from the zip I live in... ZERO!!!
8 posted on 08/05/2008 5:51:52 PM PDT by SierraWasp (I'm not against the environment, just GovernMental EnvironMentalism!!! (our new state religion))
[ Post Reply | Private Reply | To 7 | View Replies]

To: Norman Bates; freekitty; Piquaboy; SouthTexas; Free ThinkerNY

Osama Hussein Obama’s biggest donors:

Iran
Syria
Hezbollah
Hamas
Al Qaeda
Chavez


9 posted on 08/05/2008 5:57:06 PM PDT by ExTexasRedhead
[ Post Reply | Private Reply | To 2 | View Replies]

To: flyfree

Obama’s “small donor” meme was the justification to his flip-flop on campaign financing.


10 posted on 08/05/2008 7:33:04 PM PDT by Kleebo151
[ Post Reply | Private Reply | To 1 | View Replies]

To: Grampa Dave
University of California $523,120 Harvard University $369,802 University of Chicago $250,685

There's 3 universities to remove from the list my kids will be allowed to consider. I don't want my tuition money supporting the destruction of the nation. How about just stick to educating students you buffoons?!

11 posted on 08/05/2008 8:40:40 PM PDT by highlander_UW (illegal alien is to an undocumented worker as a drug dealer is to an unlicensed pharmacist)
[ Post Reply | Private Reply | To 6 | View Replies]

To: Kleebo151; rodguy911; SE Mom; Bahbah; Miss Didi; penelopesire; backhoe; Southack; Enchante; ...

The liar will keep being revealed for the fraud and figment of his own imagination he really is.

***

Lawyers make up the largest group at about 130, with many working for firms

!!!

that also have lobbying arms.

!!!

At least 100 Obama bundlers are top executives or brokers from investment businesses - nearly two dozen work for financial titans like Lehman Brothers, Goldman Sachs and Citigroup. About 40 others come from the real-estate industry.

The biggest fund-raisers include people like Julius Genachowski, a former senior official at the Federal Communications Commission and a technology executive who is new to big-time political fund-raising; Robert Wolf,
president and chief operating officer of UBS Investment Bank; James Torrey, a New York hedge fund investor; and Charles Rivkin, an animation studio head in Los Angeles.

***

So much for the common touch, the man who would not accept $$$ from lobbyists. Unreal, how stupid and misguided these allegedly smart donors are.


12 posted on 08/05/2008 11:00:54 PM PDT by STARWISE (They (Dims) think of this WOT as Bush's war, not America's war-RichardMiniter, respected OBL author)
[ Post Reply | Private Reply | To 10 | View Replies]

To: highlander_UW

“University of California $523,120 Harvard University $369,802 University of Chicago $250,685
There’s 3 universities to remove from the list my kids will be allowed to consider. I don’t want my tuition money supporting the destruction of the nation. How about just stick to educating students you buffoons?!”

That same thought came into my old mind.

Our sons are past college age.

However, our grandkids 7 and 9 have college funds. I’m thinking about contacting their uncle on their mother’s side as we are funding most of their 527 funds to see about blocking these left wing universities as potential universities. The grand daughter may be conservative enough that we don’t have to worry. Her brother is a little young yet.

Fortunately, their father our oldest son refused to even consider UC Berk and UC Davis when he went to college.


13 posted on 08/06/2008 7:30:10 AM PDT by Grampa Dave (Obama, the Oreo CINO, wants special-ed treatment as our untouchable affirmative action candidate)
[ Post Reply | Private Reply | To 11 | View Replies]

To: SierraWasp

Any surprises re the names where you work?

Were there big donors for Kerry in your home zip?

Our cul de sac had some big time Kerry donors in 2004 and most of the wine industry in the valley and the liberal law firms. That ain’t showing up yet for Obama the Oreo CINO.


14 posted on 08/06/2008 7:37:05 AM PDT by Grampa Dave (Obama, the Oreo CINO, wants special-ed treatment as our untouchable affirmative action candidate)
[ Post Reply | Private Reply | To 8 | View Replies]

To: flyfree; STARWISE
Great Catch Star. In addition there is mounting evidence (see links from Ali) that there is lots of muzzie dough in the mix as well. Who knows how much from terror types.
15 posted on 08/06/2008 10:40:08 AM PDT by rodguy911 (LAND OF THE FREE BECAUSE OF THE BRAVE)
[ Post Reply | Private Reply | To 1 | View Replies]

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.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson