[Marxism] Obama's Haul: Big Money from Big Donors

Dan DiMaggio dan.dimaggio at gmail.com
Sat Jul 16 19:14:48 MDT 2011


Here is some info on just how much money Obama raised from his biggest
donors. With a gem of a quote at the end: “President Obama wants voters to
believe he’s running a grass-roots campaign, but it’s clear the
hope-and-change president is bought and paid for by liberal fat-cat donors,”
said Kirsten Kukowski, a spokeswoman for the Republican Party.

http://thecaucus.blogs.nytimes.com/2011/07/15/obamas-haul-big-money-from-big-donors/

July 15, 2011, *7:39 pm* Obama’s Haul: Big Money From Big Donors By MICHAEL
D. SHEAR <http://thecaucus.blogs.nytimes.com/author/michael-d-shear/>

Twenty-seven fund-raisers collected more than $500,000 each in contributions
for President Obama<http://topics.nytimes.com/top/reference/timestopics/people/o/barack_obama/index.html?inline=nyt-per>and
the Democratic
Party<http://topics.nytimes.com/top/reference/timestopics/organizations/d/democratic_party/index.html?inline=nyt-org>in
the past three months, helping Mr. Obama collect a record haul of
campaign cash as he starts his re-election effort.

The list of Mr. Obama’s biggest bundlers, which was posted on the
president’s campaign Web
site<http://www.barackobama.com/pages/volunteer-fundraisers-Q2>on
Friday, is filled with celebrities and the well-connected, like
Jeffrey
Katzenberg<http://topics.nytimes.com/top/reference/timestopics/people/k/jeffrey_katzenberg/index.html?inline=nyt-per>,
the Hollywood mogul; Andy Spahn, a close friend and consultant to Steven
Spielberg<http://topics.nytimes.com/top/reference/timestopics/people/s/steven_spielberg/index.html?inline=nyt-per>,
the moviemaker; and Anna
Wintour<http://topics.nytimes.com/top/reference/timestopics/people/w/anna_wintour/index.html?inline=nyt-per>,
the editor of Vogue.

More than 200 other people scooped up tens or hundreds of thousands of
dollars each in contributions for the president. Collectively, they raised
at least $35 million for Mr. Obama and the Democratic National
Committee<http://topics.nytimes.com/top/reference/timestopics/organizations/d/democratic_national_committee/index.html?inline=nyt-org>,
or about 40 percent of the $86 million he reported for the quarter.

Jim Messina, Mr. Obama’s campaign manager, said this week that the
president’s re-election effort was largely a grass-roots affair financed by
hundreds of thousands of donors whose contributions averaged just $69 each.

“Ninety-eight percent of all donations that came in were $250 or less,” Mr.
Messina bragged in a video released to supporters.

Those numbers, and Mr. Obama’s success at tapping small donors using the
Internet, mask another skill: the president’s ability to recruit wealthy
supporters who have even wealthier friends.

As he begins his 2012 campaign, Mr. Obama is pushing for even bigger
big-time contributions. Former President George W.
Bush<http://topics.nytimes.com/top/reference/timestopics/people/b/george_w_bush/index.html?inline=nyt-per>reported
bundlers who raised $200,000 or more. Mr. Obama’s report adds a new
top level: $500,000 and above.

The Sunlight Foundation, which tracks campaign contributions, called Mr.
Obama’s bundler list “a veritable Rolodex of the rich and powerful across
the country — among them you’ll notice a C.E.O., editor, former politician
and even a former lobbyist.”

Officials noted that the amounts raised by Mr. Obama’s top bundlers included
contributions to the Democratic Party, which are not subject to the same
individual limits that apply to people giving directly to the president’s
campaign. And they were quick to point out that the Republican candidates
for president had not released their list of bundlers.

“President Bush disclosed his bundlers, but the current
G.O.P.<http://topics.nytimes.com/top/reference/timestopics/organizations/r/republican_party/index.html?inline=nyt-org>field
has not followed suit, raising questions about the extent to which
special interests are funding their campaigns,” said Ben LaBolt, a campaign
spokesman. “More than 552,000 Americans have funded ours.”

Even so, the extent of the big-dollar contributions flowing into the
president’s campaign account is significant.

Because the amount each bundler gathers is reported in a range — from
$50,000 to $100,000, for example — it is impossible to know exactly how much
the 244 people have collected. It is possible that their totals represent
close to half of all the money the president has raised so far for the
“victory fund” operated jointly by his campaign and the party’s national
committee.

The Republican National
Committee<http://topics.nytimes.com/top/reference/timestopics/organizations/r/republican_national_committee/index.html?inline=nyt-org>quickly
seized on the numbers to question Mr. Obama’s grass-roots claims.

“President Obama wants voters to believe he’s running a grass-roots
campaign, but it’s clear the hope-and-change president is bought and paid
for by liberal fat-cat donors,” said Kirsten Kukowski, a spokeswoman for the
Republican Party.



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