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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region Forums"In the race for money, Romney is in Obama's rearview mirror and losing ground." ??? is this true?
Obama's fund-raising machine leaves Romney in the dust
Can we finally stop hearing the erroneous claim that Republican presidential candidate Mitt Romney is winning the fund-raising battle against President Barack Obama, the all-time champion when it comes to vacuuming up campaign cash? In August, the GOP nominee had his best month of fund-raising - and fell about $2 million short of Obama's haul.
As the Sunlight Foundation has previously noted, Obama began raising money for his reelection bid in April 2011, pulling in tens of millions of dollars each month for his reelection committee and the Democratic National Committee. Romney only began his joint fund-raising efforts with the Republican National Committee in April 2012, a full year after Obama.
In aggregate, Obama's reelection vehicles have raised $134 million more than those of Romney to date. We previously noted that in order to catch Obama, Romney had a high mountain to climb. Before August's numbers were announced, we calculated that the GOP nominee would need to raise, in each of the remaining months before the election, $44 million more than his rival. Since Obama raised about $2 million more than Romney in August, the challenge got that much more daunting - in September and October, he'll need to outpace Obama by an average of $67 million.
It's worth noting that September 2008 was Obama's best month for fund-raising, when his campaign committee, the DNC and his joint fund-raising committee collectively reported donations of $202.4 million. That's almost twice as much as Romney reportedly raised in August: $111.6 million.
In the race for money, Romney is in Obama's rearview mirror and losing ground.
http://www.philly.com/philly/news/20120911_Obama_s_fund-raising_machine_leaves_Romney_in_the_dust.html
calimary
(81,238 posts)There are far more big-ticket, big-bucks ones on their side than on ours. And seemingly more all the time. They've really metastasized.
central scrutinizer
(11,648 posts)the money has a better chance of not being wasted in closer races
calimary
(81,238 posts)Obama won't be able to get much done if he has another obstructive Congress. And they can be counted on to turn even more pigheaded and Sore-Loserman than before, judging from the track record of their reprehensible, disgusting, disgraceful behavior.