Obama's super PAC is As big of a failure as his presidency is.

Discussion in 'Politics' started by Max E., Feb 21, 2012.

  1. Max E.

    Max E.

    He msust be kicking himseelf for giving us yet another flip flop on this issue all for a measly 59k.

    Obama super-PAC Priorities USA raises only $59K in January

    By Jonathan Easley - 02/21/12 07:29 AM ET

    Pro-Obama super-PAC Priorities USA raised only $59,000 in January, far less than any of the super-PACs backing Republican presidential candidates

    By comparison, pro-Mitt Romney super-PAC Restore Our Future took in nearly $7 million in January.


    Priorities USA raised only $4.4 million in all of 2011, the bulk of which came from a handful of wealthy Hollywood donors.
    The paltry January haul came before the campaign reversed course to acknowledge the necessity of super-PAC fundraising, while publicly disapproving of the concept of super-PACs, which must remain unaffiliated with the campaign but can take in unlimited amounts from single donors.

    “With so much at stake, we can't allow for two sets of rules in this election whereby the Republican nominee is the beneficiary of unlimited spending and Democrats unilaterally disarm," Obama campaign manager Jim Messina wrote in a blog post earlier this month.

    Still, the Obama campaign has proven it can generate cash from small donors. Last week, the campaign announced $29.1 million in fundraising for January, 98 percent of which it said came from donations of $250 or less.

    The Romney campaign saw a steep decline in January fundraising, taking in $6.5 million, compared to the over $11 million it generated in December.

    http://thehill.com/blogs/ballot-box/fundraising/211677-obama-super-pac-raises-only-59k-in-january
     
  2. Brass

    Brass

    Translation: grass roots.
     
  3. rew

    rew

    Comparing the fund raising of the Democrats vs. the Republicans at this point is meaningless. There is a real contest for the Republican nomination while everybody knows who the Democratic candidate will be. So even if I was a rich Democrat I'd be in no great hurry to contribute to the Obama campaign.