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This should go over well with the #Occupy crowd.
http://hosted2.ap.org/APDEFAULT/89ae...50ab75ca37b1b2
Obama raises more than $70 million
WASHINGTON (AP) — President Barack Obama's campaign raised more than $70 million combined for his re-election and the Democratic Party during the summer, an amount that gives him a clear financial advantage over his Republican rivals even as faces economic and political headwinds.
The fundraising total announced Thursday exceeds a goal set by the campaign of $55 million combined for the July-September fundraising period but is about $16 million less than Obama raised during the April-June quarter.
Obama has dealt with declining poll numbers and a weakened economy during the summer, prompting the president to recently call himself the "underdog" in the presidential race. Campaign officials had said they would raise less because of canceled fundraisers during the summer's debt ceiling negotiations and a typical summertime lull in raising cash.
Obama campaign manager Jim Messina said in an e-mail to supporters that more than 600,000 people donated to the campaign in the most recent quarter, more than the previous three months. He said more than 980,000 people have given money to the campaign, and in the most recent quarter, 98 percent of the donors gave $250 or less, with an average donation of $56.
"Getting to a million grassroots donors isn't just a huge accomplishment this early in the campaign. It's our answer to our opponents, the press, and anyone who wants to know whether the president's supporters have his back," Messina said.
Former Massachusetts Gov. Mitt Romney leads the Republican field in fundraising, pulling in more than $18 million in his first three months of campaigning. He is not expected to surpass that mark for the past three months but should lead the pack in cash on hand.
Texas Gov. Rick Perry raised $17 million in his first seven weeks of campaigning and had $15 million in the bank. Rep. Ron Paul of Texas, a favorite of libertarians, collected $8 million during the summer after raising $4.5 million in his first three months.
This should go over well with the #Occupy crowd.
Yay, money deciding elections!
"Some say" Kock Bros intend by themselves to flush in $200M for whoever is the Repug candidate.
Probably Barry and the Repug will spend well over $1B. America for sale, is/has been/always will be.
With people like yourself and Darrin running around you may be right.
magic negro got around 800 million last election. this time both parties combined will burn close to 2 billion
Barry's lagging in the collection's department. Only $70 million thus far and he's not exactly making fans in the sectors that were his biggest benefactors last time around - Big Oil and Big Finance.
He's not know as President Goldman Sachs and President Exxon for nothing.
I meant $1B+ each
70 mil in only 3 months. so far he probably has around 150 mil. a little ways to go to reach his goal of 1 billion to extend his lease on the white house 4 more years. but he'll most likely get there.
I don't think he can buy his way back in. But, Democrats are idiots so, who knows.
Yeah, old Barry can just give his teacher's unions, SEIU and unions some
more of his slush funds and they can give it back to him as donations.
Koch brothers can't hold a candle to the American taxpayer money.
And now he wants some more money for those shovel ready jobs. Called
shoveling BS a little higher.
The price of political favors is going up.......
He's only known as that by you and the people who told you to call him that.
yeah no . Dude lives in another universe.
lol yoni still asking what the OWS are protesting...
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