Entitlement Whore wrote: your man is not even getting near the same percentage of money from his past sources... .
Facts pulled out of his butt alert!
Obama Sees Steep Dropoff in Cash From Major Donors
President Obama’s re-election campaign is straining to raise the huge sums it is counting on to run against Mitt Romney, with sharp dropoffs in donations from nearly every major industry forcing it to rely more than ever on small contributions and a relative handful of major donors.
From Wall Street to Hollywood, from doctors and lawyers, the traditional big sources of campaign cash are not delivering for the Obama campaign as they did four years ago.
With Chicago terrified by the almost certain prospect of being outspent by the cumulative forces of the Romney campaign and its conservative Super-PAC allies, and with Wall Street having largely dried up as a source of largesse, the campaign has turned increasingly to three sources of big-donor dollars: Hollywood, Silicon Valley, and the gay community.
Let there be no doubt where Wall Street’s political loyalties lie: Of all the money the securities and investment industry has poured into the 2012 presidential contest so far — to the candidates and the super PACs behind them — an unambiguous 92 percent has gone to the GOP, according to a new Center for Responsive Politics analysis.
Between his campaign committee and a monster super PAC supporting his candidacy, Romney has benefited from about 72% percent of the near $33 million Wall Street has contributed through February.
Individual Donations To Obama Campaign See 88 Percent Decline
(MintPress) – Change may have a different connotation right now for President Barack Obama’s campaign than it does for voters, as an analysis of campaign finance data by BuzzFeed shows that individual donors to Obama’s reelection push have significantly fallen since his 2008 election. The analysis indicates that 88 percent of the donors that gave at least $200 in 2008 have either refrained from contributing or gave less than they did in 2008. Figures for donations less that $200 are not tracked by the Federal Elections Commission (FEC).
COLORADANS TO OBAMA: We're Just Not That Into You Anymore
by: ColoradoPeakPolitics
Tue Jun 12, 2012 at 14:56 21 MST
A report by Buzzfeed this morning found that Colorado is among the top states in the nation where donations to Obama's campaign have drastically dropped since 2008. It seems Colorado Democrats just aren't that into Obama anymore.
I guess after four years, people have decided Obama hasn't brought change. And they hope he loses his job.
Staggering numbers from Wall Street. If the 1% desert you, it is hard to win. And I have seen on a couple different networks that the burn rate for the Obama campaign is staggering, spending 33% more than they are taking in. Just like the US budget, eh?
Thomas Sowell: There are no solutions, just trade-offs.
There’s no way to sugarcoat it: The already-sluggish U.S. economy is stalling out, stung by doubts about our economic and fiscal future.
The Institute for Supply Management reported that its manufacturing index dropped to 49.7% in June from 53.5% in May, signaling that the manufacturing sector is contracting for the first time since mid-2009.
By itself, the decline in the ISM index below the benchmark 50% level does not mean that the economy is in a recession, but it does make it much more likely. A reading of 49.7% is consistent with slow, but positive growth of about 2.4%, according to the ISM.
The manufacturing sector has been the most robust part of the economy coming out of the recession, but that momentum has now been lost. The U.S. has now caught the fever racing through Europe and China.
So we can compare healthcare coverage in the soup lines if you like. Not sure who is going to be picking up the rather large tab on it...but that's just details right?
And it looks like the Clinton tax increases will automatically come to pass if Mitt doesn't win. That will further slow the economy. As the 1%r's decide to reduce their risk investments because of higher tax penalties.
Thomas Sowell: There are no solutions, just trade-offs.
FredHayek wrote: And it looks like the Clinton tax increases will automatically come to pass if Mitt doesn't win. That will further slow the economy. As the 1%r's decide to reduce their risk investments because of higher tax penalties.
Obama can't even keep up with Mitt's campaign fund raising. Obama is not even getting near the same percentage of money from his past sources. Mitt certainly has a financial advantage.
Well at least you can take some solace in the fact that you have an unfunded healthcare program to fall back on if you can get a ride from your cardboard house under the bridge right?
