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So Obama is hoping to raise $1 billion for his re-election bid? Anyone else find this disturbing?

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Cali_Democrat Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-04-11 04:28 PM
Original message
So Obama is hoping to raise $1 billion for his re-election bid? Anyone else find this disturbing?
That's an insane amount of money. What's also disturbing is that Obama raised about $750 million in 2008. Although he had a record amount of donors, only 25% of those donors gave $200 or less. 75% of the donors gave more than $200.

The people contributing to his campaign will once again be awarded with special favors if he's re-elected. I'm not blaming Obama for the system, but he's taking full advantage. Our election system is flooded with special interest money and the average American's voice is being drowned out.

This "Democracy" is completely broken.

Money rules.
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liberal N proud Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-04-11 04:30 PM
Response to Original message
1. You have to buy elections these days
Just running on your good looks will not get it. And if you have to compete against the Donald with an endless supply of cash, you need a lot of it yourself.


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Dokkie Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-04-11 05:52 PM
Response to Reply #1
32. Maybe a Mitt Romney
But am not sure Donald even have any money in the bank.
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defendandprotect Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-04-11 06:10 PM
Response to Reply #1
37. "These days" -- this has been going on for decades ... pre-bribing and pre-owning our reps!!
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Tx4obama Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-04-11 04:36 PM
Response to Original message
2. I find it disturbing that folks are listening to the GOPs talking points. n/t
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Cali_Democrat Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-04-11 04:38 PM
Response to Reply #2
3. Worrying about gobs of money flooding our Democracy is a GOP talking point?
I would hope that ALL Americans regardless of party affiliation would be repulsed by this.
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DrToast Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-04-11 04:57 PM
Response to Reply #3
16. What's wrong with people donating money to the candidate of their choice?
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defendandprotect Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-04-11 06:11 PM
Response to Reply #16
38. The illusion that you can compete with corporate contributions - or that
you have the LEVERAGE over the elected officials which corporations do!!

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DrToast Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-04-11 06:15 PM
Response to Reply #38
41. Your problem is with corporate money, not individual money
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defendandprotect Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-04-11 06:36 PM
Response to Reply #41
48. Corporate money is often disguised as "individual" money -- but why worry!!
No one should be upset about the latest SC decision -- right?

And barely any of us are!!

:nuke:
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Cali_Democrat Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-04-11 06:45 PM
Original message
"Corporate money is often disguised as "individual" money"
Exactly right. I'm amazed that people can't see this.
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golfguru Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-04-11 07:02 PM
Response to Reply #16
57. Same thing with corporations giving unlimited cash
All that cash has a reason...a PAYBACK, A FAVOR.
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Whisp Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-04-11 04:56 PM
Response to Reply #2
14. no shit.
GOP views are pretty popular here, aren't they?
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dixiegrrrrl Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-04-11 05:13 PM
Response to Reply #2
26. Which specific talking points are you referring to?
and which Republican said them?
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RBInMaine Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-04-11 04:38 PM
Response to Original message
4. As long as the PUKECourt allows unlimited business money, Dems need money to fight. My hope is that
most will be raised with MILLIONS of SMALL donations of $50-$100. That would be GOOD.
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defendandprotect Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-04-11 06:39 PM
Response to Reply #4
50. Fewer citizens have money to spend on campaigns, while corporations have limitnless funds -- !!
That's not "free speech" -- it's cirminal activity to steal elections.

What you're giving your blesssing to is a downward spiral where the middle class

and the poor have no LEVERAGE over our elected officials -- and the corporations

like Big Pharma and the private H/C industry have all the LEVERAGE ...

i.e., no single-payer health care due to Obama's back room deals with them!!

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phleshdef Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-04-11 04:42 PM
Response to Original message
5. "only 25% of those donors gave $200 or less" = big fat red herring.
Edited on Mon Apr-04-11 04:42 PM by phleshdef
As if 200 dollars is some magic contribution amount that divides the line between well intentioned Americans and corporate special interest.

I contributed over 200 to his campaign. Between my wife and I, we were probably only making around 70,000 a year at the time. I'm not a lobbyist. I don't work for a large corporation. I do web apps development for a small software firm.

Am I being awarded special favors? Am I a special interest?

Spare me this BS. 88% of his contributions came from individuals and it was probably the fairest funded campaign in our history.
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Cali_Democrat Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-04-11 04:47 PM
Response to Reply #5
8. have a look at Obama's top contributors and you'll get an idea of what I'm talking about
Edited on Mon Apr-04-11 04:48 PM by Cali_Democrat
Note: Goldman Sachs, Citi Group, Microsft, Google, JP Morgan Chase, UBS, Morgan Stanley...etc..etc..etc...

http://www.opensecrets.org/pres08/contrib.php?cycle=200...

BTW, many Americans living paycheck to paycheck (and that's a lot) can't afford to send more than $200 to a campaign. Gas prices rising to $4/gallon hurts these folks tremendously.

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TheWraith Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-04-11 04:53 PM
Response to Reply #8
13. You know that those are from PEOPLE working for those companies, right?
Your employer is listed along with your name on disclosure forms. That doesn't mean it's an official contribution from that company.
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defendandprotect Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-04-11 06:14 PM
Response to Reply #13
40. Doesn't mean that it's not, either -- !!
How many scandals of that kind have we had --

corporations actually giving $ to individual employees to give to candidates!

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Armstead Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-04-11 06:16 PM
Response to Reply #13
42. Just a coincidence....Okay
I guess there's a lot of reform minded progressives toiling in the vineyards at Goldman Sachs.

Just humble folks selling bad paper and crashing the economy who don't really like the Wall St. Oligarchy.

Okay I'll buy that.

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DrToast Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-04-11 04:56 PM
Response to Reply #8
15. Nonsense
It's right there in bright red at the link:

The organizations themselves did not donate

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Cali_Democrat Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-04-11 05:01 PM
Response to Reply #15
21. Yes, I know
Edited on Mon Apr-04-11 05:01 PM by Cali_Democrat
But read this...."rather the money came from the organization's PAC, its individual members or employees or owners, and those individuals' immediate families. "

Not just ordinary janitors working for the banks. This was money from the PACs, and owners as well. There a re a lot of companies in the US, but notice how the banks are highly represented in that list.
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ProSense Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-04-11 05:05 PM
Response to Reply #21
23. "This was money from the PACs, and owners as well."
Obama took no PAC money. The DNC followed and takes no PAC money.

He raised $700 million in 2008.

Less than $30 from half of Obama voters in the last election would raise $1 billion.

Given the individual limit is more than $2,000, it's doable, not a sure thing, but doable.

Republicans will no doubt take advantage of Citizens United.

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Cali_Democrat Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-04-11 06:43 PM
Response to Reply #23
52. Obama has certainly taken money from PACs before
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ProSense Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-04-11 07:09 PM
Response to Reply #52
59. Thanks for the link to the LA Times RW blog
Now, the first sentence:

"Before he ostentatiously stopped taking money from political action committees to run for president"

Obama took no PAC money in 2008. That's what we're discussing: the Presidential election.

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Cali_Democrat Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-04-11 07:19 PM
Response to Reply #59
62. "Obama took no PAC money"
Edited on Mon Apr-04-11 07:22 PM by Cali_Democrat
Your words.

You were wrong. I was referring to the entire election cycle which obviously begins before 2008, but can be considered the 2008 cycle because thats when the GE is held.
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ProSense Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-04-11 08:05 PM
Response to Reply #62
63. "You were wrong. " You
Edited on Mon Apr-04-11 08:06 PM by ProSense
have an issue with context?

Obama took no PAC money. The DNC followed and takes no PAC money.

He raised $700 million in 2008.


The DNC didn't follow Obama prior to 2008. The OP isn't about Obama raising $1 billion for a Senate campaign.

Play the game with someone else.


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Cali_Democrat Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-04-11 08:14 PM
Response to Reply #63
64. You said "Obama took no PAC money" and you were only looking at 2008
Edited on Mon Apr-04-11 08:15 PM by Cali_Democrat
I'm not talking about the DNC. I'm talking about Obama himself. He took PAC money.

Obama raised about $400 million before prior to his nomination. He raised about $340 million after. For some strange reason, you don't want to count PAC money he got before he said he wouldn't take any. That's absurd.

Why would you not want to count PAC money taken during the nomination process? Is that money less important? Well, Obama raised more money before his nomination than after.

http://www.cfinst.org/Press/PReleases/10-01-08/Revised_...
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ProSense Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-04-11 08:24 PM
Response to Reply #64
65. What the hell are you talking about?
That link says nothing about PAC money.

Of the entire amount raised in 2008, only $1,800 came from PACs.

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Cali_Democrat Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-04-11 08:32 PM
Response to Reply #65
66. This link refers to all funds recieved by Obama. It's aggregated. Pre and post nomination
Edited on Mon Apr-04-11 08:34 PM by Cali_Democrat
Obama raised 746 million total, pre and post nomination.

Obama received PAC money funds prior to his nomination. Will you admit this? Has Obama taken PAC money? You said he didn't.
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ProSense Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-04-11 08:38 PM
Response to Reply #66
68. Hmmmm?
Edited on Mon Apr-04-11 08:38 PM by ProSense
"Obama received PAC money funds prior to his nomination. Will you admit this? Has Obama taken PAC money? You said he didn't."

PACs Stay Away from Obama

Democrat Barack Obama vowed not to accept contributions from political action committees, and it seems they've gotten his message loud and clear. During the last three months of 2007, contributions from only three PACs slipped through the crackstwo of which appear to be committees controlled by local parties or candidatesfor a total of $1,065 to Obama's campaign. Obama will likely return these in the coming months. But campaign finance reports from last year reveal that his promise to refuse PAC money may not be as bold as it soundsless than 1 percent of total contributions to all candidates came from PACs, which are formed by corporations, unions and ideological groups that are otherwise forbidden from making political donations. Of all candidates in the race, Hillary Clinton brought in the most from PACs at $960,000. PACs tend to favor congressional incumbents who have influence over their industry or interests, not presidential candidates who can't do much for themyet. Obama has also refused to accept money from federally registered lobbyists and has said that if he makes it to the White House, he won't lobbyists will not play prominent roles in his administration.






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Cali_Democrat Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-04-11 08:45 PM
Response to Reply #68
70. "Obama took no PAC money"
Obama took no PAC money

:rofl:

BTW, what about before Oct 2007? My oh my. It's funny how words can come back to haunt you in the same thread!

"Obama took no PAC money"

LOL.
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ProSense Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-04-11 08:48 PM
Response to Reply #70
72. Wow
desperate, huh?

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former9thward Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-04-11 10:52 PM
Response to Reply #23
84. Obama uses money bundlers as I'm sure you know.
It is the same as PACs except they are individuals who 'bundle' the money instead of corporate/union organizations. http://www.opensecrets.org/pres08/contrib.php?cycle=200... . http://www.sourcewatch.org/index.php?title=Barack_Obama...

Both parties intend to take advantage of Citizens United. That is why the AFL-CIO filed a brief in support of the case. http://www.ombwatch.org/node/10287
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phleshdef Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-04-11 05:08 PM
Response to Reply #21
24. A total of $1,830 came from PACS. 88% were from individual contributions.
Between Bank of America and GS alone, you have like 200,000 people employed. Banks employ a lot of friggin' people. Maybe you misunderstand how big banks actually are.

And the biggest contributing industry was, SURPRISE, lawyers. Wow, a lot of lawyers, who inherently make good money because of their trade, contributed to, A LAWYER. Wow, I'm amazed.
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Cali_Democrat Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-04-11 06:28 PM
Response to Reply #24
43. Here is a list of the nation's largest employers
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phleshdef Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-04-11 10:32 PM
Response to Reply #43
77. Thats 10 measely companies and is irrelevant either way.
Banks employ a lot of people. Thats what I said and its true. I never said no one else hires a lot of people or that banks have more employees than other large, mega corporations. You are just being absurd at this point.
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Cali_Democrat Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-04-11 10:36 PM
Response to Reply #77
78. So there's nothing to that fact that many banks were listed as his top contributors?
It's just a complete coincidence?

OK. There's nothing to see there. I'll move along.
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phleshdef Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-04-11 10:44 PM
Response to Reply #78
82. No banks were listed as his contributors. People who work for those banks were...
Edited on Mon Apr-04-11 10:45 PM by phleshdef
...and unless you are pretending to be totally ignorant, you know as well as I do that with over 200,000 people working just for Goldman Sachs and Bank of America alone, that most of those people are in fact average white collar workers, not frigging millionaires.

And although some of the individuals working in banking made some of the biggest contributions, commercial banking is number 18 among all the contributions received from overall industries.

1 Lawyers/Law Firms $43,154,642
2 Retired $42,892,978
3 Education $22,976,126
4 Misc Business $16,500,999
5 Securities & Investment $14,891,735
6 Health Professionals $11,746,631
7 Business Services $11,503,771
8 Democratic/Liberal $11,106,487
9 Real Estate $10,422,031
10 TV/Movies/Music $9,004,072
11 Civil Servants/Public Officials $8,807,391
12 Computers/Internet $8,521,003
13 Women's Issues $6,906,664
14 Misc Finance $6,398,267
15 Printing & Publishing $5,968,031
16 Other $3,669,123
17 Hospitals/Nursing Homes $3,339,099
18 Commercial Banks $3,316,351
19 Non-Profit Institutions $2,974,895
20 Construction Services $2,915,255

http://www.opensecrets.org/pres08/indus.php?cycle=2008&...

Looks like BIG EDUCATION and BIG RETIREES are right behind BIG LAW in the corporatocracy that OMGZ took over the Obama agenda in 08.
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Cali_Democrat Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-04-11 10:48 PM
Response to Reply #82
83. OK...I'll move along
Edited on Mon Apr-04-11 10:48 PM by Cali_Democrat
Many of the nations banks are listed as his top contributors and it no longer sets off alarm bells for me. They employ a lot of people. Of course many other non-financial institutions also employ a lot of people. Funny how they weren't on a list dominated by financial institutions. Nearly half of the companies on the list were banks and financial institutions. I'm no longer concerned about it. I'll move along.
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phleshdef Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-04-11 11:08 PM
Response to Reply #83
87. Except I just showed you a list of top industries that contributed & banks aren't even near the top.
So yea, move along, but don't do it with blind snark that completely ignores the annhilation of the meme you were attempting to push.
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Cali_Democrat Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-04-11 11:16 PM
Response to Reply #87
92. There's nothing to be concerned about many banks being his top contributors
Just ordinary folks working for JP Morgan, Goldman Sachs and Bank of America.

I'll move along :hi:
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phleshdef Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-04-11 05:00 PM
Response to Reply #8
19. Yea I know all about Open Secrets. And you are radically misinterpreting what that list means.
Edited on Mon Apr-04-11 05:01 PM by phleshdef
If you work as a gas station attendant for BP, guess what that means? If you make a contribution to Obama, suddenly his records show that he got another contribution from BP.

My developer friends that work for Microsoft, same deal, their contributions get counted as a contribution for Microsoft.

And Americans living paycheck to paycheck can't afford it, you are right. And no one is trying to make them pay it. Its voluntary, as you well know. But we have, what, 350 million people in this country right now? Only a small fraction of that still need to make contributions in order for it to add up to a lot of money. Not everyone is poor. Most people actually aren't. That doesn't make the level of poverty any more acceptible. Its not. That doesn't change the fact that most people aren't poor and if a sizeable fraction of all citizens decide to contribute money to a candidate, that candidate can and will end up with a lot of money. End of story.

Your entire analysis here denies proper perspective.
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defendandprotect Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-04-11 06:33 PM
Response to Reply #19
47. Of course, Big Pharma and Health Care contributions mean absolutely NOTHING .....!!!!
:rofl: :rofl: :rofl:

:rofl: :rofl: :rofl:

If it wasn't so awfully sad for our nation -- and naive!!







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phleshdef Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-04-11 10:41 PM
Response to Reply #47
79. 1. Lawyers, 2. Retirees, 3. Teachers 4. Misc, 5. Stock Brokers, 6. Health professionals...

Top Industry contributors to Barack Obama:
http://www.opensecrets.org/pres08/indus.php?cycle=2008&...

And health professionals means anyone working in the health field, not just people working in health insurance. Or are you pretending that doctor's dont exist?

Commercials Banks are 18 on that list too. Try again. Or better yet, spare yourself the embarassment and don't.

Barack Obama got more contributions from more people than any candidate in history.

These were contributions from employees from every company out there. Basically you can't read anything into it unless you have some monumentally stupid idea like, say, only unemployed people should be allowed to contribute. Thats about the level of absurdity with what some of you people are getting at. This shit is public record. 88% of his contributions came from individuals and the demographics of the individuals are quite varied. You can hammer the guy on policy, but this nonsense about the nature of his 08 campaign contributions somehow being corporate leaning is nothing but straight up lying bullshit. No 2 ways about it.
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SPedigrees Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-04-11 04:49 PM
Response to Reply #5
9. Same here. Our grand total in contributions
may have reached topped the $500 mark, in dribs and drabs over the course of the campaign. I WISH my priorities were a special interest. No special favors here. I hope to afford more contribution money to the re-election campaign, but not expecting any favors this time around either.
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Kolesar Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-04-11 04:43 PM
Response to Original message
6. I am glad that we have Barack Obama to carry our fight
He is a good man who is campaigning on principle. Gobama !! !!
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Tx4obama Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-04-11 04:46 PM
Response to Original message
7. Don't forget this....
Excerpt:

An effective Obama fund-raising effort could help the Democratic Party, which lost control of the House of Representatives to Republicans and has a smaller majority in the Senate after last November's congressional elections.

Obama gave millions from his campaign war chest to Congressional candidates in 2008.
Every seat in the House will be up for grabs again in 2012, as well as one-third of the seats in the Senate, and many experts say the battle for Congress -- particularly for the Senate -- could be the real fight.

Republican donors will be even more focused on Congress if their party cannot find a presidential candidate with a real chance of defeating Obama and some have admitted it will be difficult to deny Obama a second term.

http://www.huffingtonpost.com/2011/04/04/barack-obama-t...


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Tx4obama Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-04-11 04:49 PM
Response to Original message
10. Please post a LINK to a quote where President Obama 'said' that. n/t
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damntexdem Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-04-11 04:50 PM
Response to Original message
11. Only in the sense that it might not be enough to top the GOP.
;-)

Of course it's an insane amount of money for a reelection campaign. But that is what U.S. campaigns have become: insane. And the Citizen's United ruling only makes it worse.
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RichGirl Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-04-11 04:53 PM
Response to Original message
12. You act as if he is going to put the billion in his bank account.
It's going to be spent. Paid to people who will be providing a service for the campaign. Think of all the people who will be working for that billion.
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defendandprotect Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-04-11 06:31 PM
Response to Reply #12
45. Well, lots of ways to look at that ... officials get paid -- volunteers don't ....
PLUS this money is an investment in Obama's future -- not necessarily ours!!

Though we don't really know how corporations eventually deal with the quid pro quo

thing --

but obviously Cheney and W weren't doing it for nothing!!



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JTFrog Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-04-11 04:59 PM
Response to Original message
17. A republican president will not put in place S.C. justices that would get rid of Citizens United.
It sucks that it is going to take $1 billion for his re-election, but the blame lies squarely with the republicans here.

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Peacetrain Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-04-11 05:00 PM
Response to Reply #17
20. GMTA!
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Peacetrain Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-04-11 05:00 PM
Response to Original message
18. Now that the SCOTUS has given corporations rights of citizens.. I don't know if that will be enough
We are going to get hammered by the UNKNOWN..even from overseas.. money without having to report where it is coming from is going to throw us all into a loop
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flpoljunkie Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-04-11 05:05 PM
Response to Original message
22. Fact. Open Secrets: In 2008, 54% of Obama donors donated $200 or less.
Edited on Mon Apr-04-11 05:17 PM by flpoljunkie
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babylonsister Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-04-11 05:49 PM
Response to Reply #22
31. Thanks for finding that; I knew the OP was incorrect. nt
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Cali_Democrat Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-04-11 06:57 PM
Response to Reply #31
56. See reply #55
Edited on Mon Apr-04-11 06:57 PM by Cali_Democrat
We were both wrong, but I was much closer to the actual figure :hi:
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Cali_Democrat Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-04-11 06:56 PM
Response to Reply #22
55. Actually we were both wrong. I wasn't looking at the aggregate. You're looking at 1 year
Here's the aggregate information:

http://www.cfinst.org/Press/PReleases/10-01-08/Revised_...

- New Figures Show That Obama Raised About One-Third of His General Election Funds from Donors Who Gave $200 Or Less
- another 23 percent ($79 million) of Obama's general election funds came from donors who gave $201-$999
- While the largest portion, 42 percent ($143 million) came from donors who gave $1,000 or more.
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stevenleser Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-04-11 11:10 PM
Response to Reply #55
88. CFI's info conflicts with every other source out there. OpenSecrets has a track record. I'd trust
them first.
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Liberal_Stalwart71 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-04-11 05:12 PM
Response to Original message
25. Not at all. With Citizens United and the Koch Bros., I don't know what you expect of him, Cali.
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Starbucks Anarchist Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-04-11 05:16 PM
Response to Original message
27. We need as much as possible to hold off the teabaggers.
Edited on Mon Apr-04-11 05:17 PM by Starbucks Anarchist
Fuck fighting fair.
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Cali_Democrat Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-04-11 06:33 PM
Response to Reply #27
46. True. You make a good point
I'm just sickened at how much money is floating around the system. I'm not as familiar with how they do it in much of Europe, but I believe every candidate gets the same amount of money from a public fund.
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golfguru Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-04-11 07:04 PM
Response to Reply #27
58. So it is OK to be corrupt since other side is also corrupt!
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Starbucks Anarchist Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-04-11 09:50 PM
Response to Reply #58
73. I'm sure purity wins many elections.
:eyes:
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Name removed Donating Member (0 posts) Send PM | Profile | Ignore Mon Apr-04-11 05:33 PM
Response to Original message
28. Deleted message
Message removed by moderator. Click here to review the message board rules.
 
ReturnoftheDjedi Donating Member (839 posts) Send PM | Profile | Ignore Mon Apr-04-11 05:38 PM
Response to Original message
29. your disturbed that Obama's in it to win it? oh...of course, you want him to lose.
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dionysus Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-04-11 05:48 PM
Response to Original message
30. what's more disturbing is that some people would rather he just let the GOP outspend him
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onenote Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-04-11 05:53 PM
Response to Original message
33. Don't find it disturbing that he's hoping to raise that much
Which isn't the same as saying that I'm not disturbed that our system of financing elections is such that he needs to raise that much.
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Fire1 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-04-11 05:55 PM
Response to Original message
34. "By George I think you've got it!" n/t
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defendandprotect Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-04-11 05:56 PM
Response to Original message
35. Remember that, DU website raised another $280,000 for him as I recall it -- !!
Edited on Mon Apr-04-11 05:57 PM by defendandprotect
That's the figure as I recall it --

that was on top of the nearly $800 million he had raised --

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AndyTiedye Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-04-11 05:58 PM
Response to Original message
36. Yes. It Won't Be Nearly Enough. The Repubs Will Have At Least $10 Billion
Citizens United changed everything.
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craigmatic Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-04-11 06:12 PM
Response to Original message
39. I do. The only way to get that much money is to sell out to corporations.
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defendandprotect Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-04-11 06:45 PM
Response to Reply #39
53. ONLY $1 BILLION ... 2010 election cost $4 BILLION .... !!! Are we awake yet -- ???
Edited on Mon Apr-04-11 06:46 PM by defendandprotect
:nuke:
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cottonseed Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-04-11 06:30 PM
Response to Original message
44. I call on Obama to return all campaign money!
He can show me how serious he is about running for President if he can do it without other people's money!
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defendandprotect Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-04-11 06:46 PM
Response to Reply #44
54. EXACTLY ... this pendulum has gone far enough in this direction -- !!
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CakeGrrl Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-04-11 06:39 PM
Response to Original message
49. Not when the SC has opened the door to corporate contributions (helping the GOP)
Would you worry that, say, Dennis Kucinich's contributors would be rewarded?

Or do you just not trust President Obama for some reason?
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OwnedByFerrets Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-04-11 06:41 PM
Response to Original message
51. What "democracy"?
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Mass Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-04-11 07:11 PM
Response to Original message
60. Welcome to United Citizens world...
Yes, it is absurd, but it is what is needed to win until there is a serious change in campaigning laws, and this is not going to come any time soon.
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Countdown_3_2_1 Donating Member (778 posts) Send PM | Profile | Ignore Mon Apr-04-11 07:19 PM
Response to Original message
61. I find this disturbing. No one need a billion dollars to get elected.
If it takes a billions dollars to get elected, we might as well just slap corporate labels on the presidents suits, limo and security.

Or better yet, lets cut the middle men out and let "corporate entities" run for president.
Wouldn't you sleep better knowing that the president of the US is a corporation? And all domestic and foreign policy is run by a fortune 500 company?

and finally, if the President is -bragging- about getting a billion dollars on day ONE of his re-election...then he doesn't likely need my paltry contributions.
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killbotfactory Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-04-11 08:34 PM
Response to Original message
67. CITIZENS UNITED VS. FEC
Citizens United v Federal Election Commission, 130 S. Ct. 876 (2010), was a landmark decision by the United States Supreme Court holding that corporate funding of independent political broadcasts in candidate elections cannot be limited

http://en.wikipedia.org/wiki/Citizens_United_v._Federal...

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yellowcanine Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-04-11 08:40 PM
Response to Original message
69. Nope. You don't bring a knife to a gun fight.
Republicans are going to throw everything possible at Obama. There will be "independent groups" of every stripe all selling the same message. By getting out of the gate early with loads of cash Obama can define himself and his record before the lies can take hold.
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AtomicKitten Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-04-11 09:54 PM
Response to Reply #69
75. x 100000
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MasonJar Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-04-11 08:47 PM
Response to Original message
71. I don't know where he expects to get it from. Many liberals
Edited on Mon Apr-04-11 08:48 PM by MasonJar
won't contribute. Some of them are big names and wealthy like Matt Damon. I am not saying that Matt Damon will not contribute, but he has been calling it like it is with Obama lately. And he was a big time supporter. I feel the same. I'm giving my money to John Yarmuth.
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quaker bill Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-04-11 09:53 PM
Response to Original message
74. I went over $200
but I haven't noticed any favors yet.
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Pisces Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-04-11 10:09 PM
Response to Original message
76. I am disturbed this post is allowed to stand with RW talking points. I'm disturbed you can lie
about things that have been proven to be false and it is allowed.

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babylonsister Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-04-11 10:55 PM
Response to Reply #76
85. +1. It is disturbing. I think that's the point though. Seems pretty
clear there's a pattern.
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Whisp Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-04-11 10:42 PM
Response to Original message
80. would it be as disturbing if Dennis Kucinich tried to raise a lot of money?
or is this just an Obama criticism?

unrecced for silliness
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Cali_Democrat Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-04-11 11:14 PM
Response to Reply #80
90. "would it be as disturbing if Dennis Kucinich tried to raise a lot of money?"
Yes.
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stevenleser Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-04-11 10:43 PM
Response to Original message
81. Do you always want people to handicap themselves in a contest or is this a special Obama thing?
Just curious. We know Republicans are going to raise and spend a boatload of money in the wake of Citizens United.

Would you prefer Obama just hand them the election? What is YOUR solution that has a chance of being put in place between now and election day?
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Safetykitten Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-04-11 11:08 PM
Response to Reply #81
86. "Would you prefer Obama just hand them the election?"
He already has.
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stevenleser Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-04-11 11:23 PM
Response to Reply #86
95. And with that nonsensical response, I welcome you to my ignore list. n/t
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Cali_Democrat Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-04-11 11:12 PM
Response to Reply #81
89. My overall conclusion is that we're in a sad state of affairs when it takes $1 billion...
Edited on Mon Apr-04-11 11:13 PM by Cali_Democrat
to run for President. Of course many people took it as a specific critique of Obama, but that wasn't my intention. My critique was specific to the system itself. My intention was just to point our how much money it actually takes now days to run for Prez.

I know Obama is pretty much forced to play by these rules and I'm not expecting him to not raise $1 billion. That doesn't mean that I don't have a right feel repulsed by that kind of money floating around.
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babylonsister Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-04-11 11:18 PM
Response to Reply #89
93. It WAS a specific critique of Obama when he's the name in the OP.
Please, don't now insult everyone here. :eyes:
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Cali_Democrat Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-04-11 11:19 PM
Response to Reply #93
94. Please read the last three lines of my OP
Edited on Mon Apr-04-11 11:20 PM by Cali_Democrat
To see my conclusion. I wasn't blaming Obama, but the system itself.
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Name removed Donating Member (0 posts) Send PM | Profile | Ignore Mon Apr-04-11 11:26 PM
Response to Reply #94
96. Deleted message
Message removed by moderator. Click here to review the message board rules.
 
stevenleser Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-04-11 11:27 PM
Response to Reply #89
97. $1 billion is spent by ordinary citizens on things much more repulsive every year
How much do we spend on energy that comes from burning coal? Oil? Last time I checked, a billion a day.

How much money do we spend on fast food that is killing us?

It's $1 billion that is spent by the combination of donations from tens of millions of people.

And, the silver lining is, the money goes to people making signs, people building websites, activists who run the campaign, etc. It doesnt go to large corporations or harming the environment.
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Sheepshank Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-04-11 11:14 PM
Response to Original message
91. Where'd you get those contribution numbers? They're wrong...misleading
Edited on Mon Apr-04-11 11:24 PM by Sheepshank
http://www.opensecrets.org/pres08/donordems.php

And the post election analysis:
http://voices.washingtonpost.com/44/2008/11/20/obama_ra...
Obama Raised Half a Billion Online
By Jose Antonio Vargas

In an exclusive interview with The Post, members of the vaunted Triple O, Obama's online operation, broke down the numbers: 3 million donors made a total of 6.5 million donations online adding up to more than $500 million. Of those 6.5 million donations, 6 million were in increments of $100 or less. The average online donation was $80, and the average Obama donor gave more than once.

...snip...

Obama also raised millions from traditional campaign bundlers -- rich, well-connected fundraisers -- but the bulk of the more than $600 million that Obama raised throughout the campaign was through the Internet, aides said. (Some of those bundlers, of course, also arranged for donations to be made online, so there is some overlap.)

In September, his single biggest month of fundraising, Obama amassed more than 65 percent of his record-shattering haul -- $100 million of the $150 million -- from online donations, aides said. After Alaska Gov. Sarah Palin dismissed the value of community organizing in her acceptance speech at the Republican National Convention on Sept. 3 -- "I guess a small-town mayor is sort of like a community organizer, except that you have actual responsibilities," she said to applause -- Obama raised $10 million within 24 hours.





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Dead_Parrot Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-04-11 11:28 PM
Response to Original message
98. Lock at OP's request.
Thank you.
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