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

Posted on 08/06/2008 3:42:39 AM PDT by cdchik123

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.

While his campaign has cited its volume of small donations as a rationale for his decision to opt out of public financing for the general election, Obama has worked to build a network of big-dollar supporters from the time he began contemplating a run for the U.S. Senate.

He tapped into well-connected people in Chicago before the 2004 Senate race, and, once elected, set out across the country starting in 2005 to cultivate some of his party's most influential money collectors.

He courted them with the savvy of a veteran politician, through phone calls, meals and one-on-one meetings; he wrote thank-you cards and remembered birthdays; he sent them autographed copies of his book and doted on their children.

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


TOPICS: Front Page News; News/Current Events; Politics/Elections
KEYWORDS: 2008; barackobama; bundlers; campaignfinance; democrats; donors; electionpresident; elections; fraud; fundedbysoros; fundraising; hypocrit; liar; millionaires; moveon; moveonorg; nobama08; obama; obamatruthfile; soros

1 posted on 08/06/2008 3:42:40 AM PDT by cdchik123
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To: cdchik123
>>>"bundlers,"

How appropriate that the supporters of the liberal fascist are called "bundlers".

the fasces, or bundle

2 posted on 08/06/2008 3:46:16 AM PDT by oblomov
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To: cdchik123
Old story: Obama collects huge amounts of money, in small donations, from average people.
Current story: Obama collects huge amounts of money, in large donations, managed by skilled bundlers.
Future story: Obama collects huge amounts of money, much of it illegal, managed by foreign powers who want to destroy the US.
3 posted on 08/06/2008 4:05:45 AM PDT by ClearCase_guy (Et si omnes ego non)
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To: cdchik123

“In an effort to cast himself as independent of the influence of money on politics...”

I call BS.

He is moveon’s pocket.It doesnt get much worse than that.


4 posted on 08/06/2008 4:43:52 AM PDT by Canedawg
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To: cdchik123

I read that a lot of his big donations come from Muslims.


5 posted on 08/06/2008 7:17:21 AM PDT by Piquaboy (22 year veteran of the Army, Air Force and Navy, Pray for all our military .)
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To: Piquaboy

I seen a news story that said 2/3 of his money came from over seas.

I’ll try and find it.


6 posted on 08/06/2008 7:28:15 AM PDT by FateRewritten
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To: ClearCase_guy
"Obama collects huge amounts of money, much of it illegal, managed by foreign powers who want to destroy the US."

Don't forget the foreign $$ given outright.
7 posted on 08/06/2008 11:55:54 AM PDT by combat_boots (She lives! 22 weeks, 9.5 inches. Go, baby, go!)
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Witness the 75 seat dinner to be hosted in SWITZERLAND by George Clooney for Obama -- next month. Bilderburgers, anyone?
8 posted on 08/06/2008 12:18:04 PM PDT by combat_boots (She lives! 22 weeks, 9.5 inches. Go, baby, go!)
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