Obama 2012 campaign breaks cash goal, records

[Hot Mega]

WASHINGTON (Reuters) - President Barack Obama raised a record-shattering $86 million for his re-election campaign from April to June, exceeding a $60 million quarterly target and easily eclipsing all Republican challengers.

Small donations drove that massive cash collection in the second quarter -- 98 percent of donations were $250 or less, with an average donation of around $69, campaign manager Jim Messina said in a video to supporters on Wednesday.

Obama's campaign said it received donations from more than 552,000 people and said it had "more grass-roots support at this point in the process than any campaign in political history."

The figures underscore just how strong an incumbent Obama is despite persistent worries among voters about the U.S. economy and unemployment and criticism from other Democrats that he has shifted right over the last few years.

"They have smashed all records," said Chris Arterton, a political management professor at George Washington University. "I think it is quite dramatic."
Former President George W. Bush held the prior record, taking in about $78 million, when combined with the national party account, in the fourth quarter of 2003, according to the Campaign Finance Institute.

Despite the impressive number of small donations, Arterton said a greater share of total campaign cash will come from big donors. The campaign did not break down the amount raised by donations of $250 or less.

A-counting at link....
http://news.yahoo.com/obama-2012-campaign-far-exceeds-fundraising-goal-131912258.html

 

[Will E Worm]

He should be spreading that money around.

He should practice what he preaches. :tongue:

 

[lurkingdirk]

 

[Facetious]

Oh, no! It's the Billion Dollar campaign baby again! (the guy who's been living off the backs of the hard working wealth producing private sector his entire life!) :nono:

From Reuters...

As a sitting president he has far greater authority and media access and his 2012 re-election campaign is expected to raise $1 billion, which is unprecedented in U.S. politics.

If he's so good then why does he need a billion dollar campaign fund?

It's just like his health care plan... if it's so good, then why the thousand plus exemptions to his friends and business associates?

 

[StanScratch]

Quite a bit for a guy who is supposed to be on his way out, if we believe the wackos who post here.

 

[Trident1]

Insanity= People doing the same thing over and over again expecting a different result.

 

[Hot Mega]

If he's so good then why does he need a billion dollar campaign fund?

It's just like his health care plan... if it's so good, then why the thousand plus exemptions to his friends and business associates?

Ever hear of Faux (pas) "News" (aka Fox aka GOP prop machine). Truth is, any Demo competing for president incumbent or not will always be running against the GOP candidates and the full weight of Murdoch's political ops. at Faux.

FTR, who held the previous record before Obama? GWB or somebody?

Insanity= People doing the same thing over and over again expecting a different result.

What? Like continuing to expect to snow people with a wordsmithing barrage of convenient omissions, rearrangement of facts and catch me deceiving if you can tactics?

 

[HeartBroker]

I don't think he can even buy his way into this one!

 

[Jagger69]

Insanity= People doing the same thing over and over again expecting a different result.

So we should do what, T-dent? Put the republicans back in the White House? Yeah....that'll fix it!!! :eek:

 

[Legzman]

why? :dunno:

 

[Ike Stain]

Insanity= People doing the same thing over and over again expecting a different result.

I think it's just that a lot of folks are realizing that if the Repubs get the White House and Congress, they're going to dismantle the social safety net.

Clearly there is a subset of the population that would like to see this happen, but you also gotta look at the historical perspective where working people in the US fought for generations to get it.

One thing people don't consider unless they have direct experience (I do) is that, when you get old, you simply can't afford private health insurance. No one would cover you because you're too expensive to carry. So without medicare (a social program I grant you,) when you get old, you will not be able to get healthcare.

Getting rid of medicare actually does = pulling the plug on grandma.

With that said, it definitely needs to be reformed, because we waste way too much $$$ on unnecessary and harmful treatment.

The other thing about Social Security is, without it, you're going to be going back to poorhouses. And again, that's a valid choice. But it's really not a question of can we afford Social Security so much as priorities. I guess we'll see in the next couple of years how the country really feels.

But that's why I think the money's flowing. People are getting really scared.

:2 cents:

 

[Legzman]

Getting rid of medicare actually does = pulling the plug on grandma.

Good riddance. To many old fucks clogging up the roads anyway. Look at it as population control!

With that said, it definitely needs to be reformed, because we waste way too much $$$ on unnecessary and harmful treatment.

We waste so much money on a lot of shit in this country.

The other thing about Social Security is, without it, you're going to be going back to poorhouses. And again, that's a valid choice.

By the time I'm of retirement age there won't be any social security left anyway cause our government spent all the money! That wasn't my fuckin choice!!!!!!

 

[Hot Mega]

With that said, it definitely needs to be reformed, because we waste way too much $$$ on unnecessary and harmful treatment.

The other thing about Social Security is, without it, you're going to be going back to poorhouses. And again, that's a valid choice. But it's really not a question of can we afford Social Security so much as priorities. I guess we'll see in the next couple of years how the country really feels.

But that's why I think the money's flowing. People are getting really scared.

:2 cents:

With that said, recent history has shown us unequivocally that while GOPers are more than adept at vilifying and killing any Demo offer to reform it...they demonstrate no intent on reforming the system even simply on the grounds that they opposed the Demo offer...

That spells disingenuous to anyone who can spell...

 

[Ike Stain]

Good riddance. To many old fucks clogging up the roads anyway. Look at it as population control!

A lot of societies practiced that. It's a valid position.

We waste so much money on a lot of shit in this country.

Props to Obama—eliminating this waste is part of his approach.

By the time I'm of retirement age there won't be any social security left anyway cause our government spent all the money! That wasn't my fuckin choice!!!!!!

That's why you want to keep going with immigration—they can pay for your social security! A wickedly elegant solution.

 

[ragincaucasian]

the bottom line will be who Goldman Sachs contributes more to......that person has ALWAYS become the POTUS regardless of party affiliation for the last 30 years

 

[Legzman]

That's why you want to keep going with immigration—they can pay for your social security! A wickedly elegant solution.

Only if it's legal. Otherwise I'm paying for their medical care and they aren't giving me shit!

 

[Trident1]

So we should do what, T-dent?

Do whatever you want. I'll vote for someone else.

 

[Hot Mega]

Do whatever you want. I'll vote for someone else.

Noooo:surprise:....:1orglaugh

 

[Rey C.]

Do whatever you want. I'll vote for someone else.

Just in case that slick Mormonite beats her out, I'm preparing a petition to draft my lil sweetie, Michele Bachmann, to run on the TEA Party ticket. It may just be me, you and this dude at work who talks to himself. But by golly, we'll all three stay on the front row and at least get some good upskirt shots! Are ya with me?! It wasn't over when the Germans bombed Pearl Harbor and it won't be over if the Romster beats Mickey!

Michele Bachmann 2012. Be There or Be Square! :nanner: (pretty catchy, huh?)

 

[Trident1]

Just in case that slick Mormonite beats her out, I'm preparing a petition to draft my lil sweetie, Michele Bachmann, to run on the TEA Party ticket. It may just be me, you and this dude at work who talks to himself. But by golly, we'll all three stay on the front row and at least get some good upskirt shots! Are ya with me?! It wasn't over when the Germans bombed Pearl Harbor and it won't be over if the Romster beats Mickey!

Michele Bachmann 2012. Be There or Be Square! :nanner: (pretty catchy, huh?)

Knock yourself out man. I'll vote for someone else.