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Is this correct? I thought we were way ahead in $.?

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jerryster Donating Member (685 posts) Send PM | Profile | Ignore Sat May-24-08 08:09 PM
Original message
Is this correct? I thought we were way ahead in $.?
Although Mr. Obama has continued to raise far more money than Mr. McCain, Mr. Bush’s fund-raising machinery has helped keep the Republican Party competitive. The McCain campaign and the Republican National Committee, between them, have $11 million more on hand — about $62 million — than the combined cash-on-hand of Mr. Obama and the Democratic National Committee.

For full article: http://www.msnbc.msn.com/id/24808130
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taught_me_patience Donating Member (1000+ posts) Send PM | Profile | Ignore Sat May-24-08 08:12 PM
Response to Original message
1. Wait until Obama is the nominee
There will be a tidal wave of funding.
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jerryster Donating Member (685 posts) Send PM | Profile | Ignore Sat May-24-08 08:15 PM
Response to Reply #1
2. Are you saying the statement is correct?
If so, why has the RNC chairman been telling Repubs running for House and Senate that there is no money for them? Is it because they are conceding the houses and betting the wad on the Presidency?
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madokie Donating Member (1000+ posts) Send PM | Profile | Ignore Sat May-24-08 08:18 PM
Response to Reply #2
6. All the recent reports I've read is that Obama is flush with cash
and the ace is scrapping the bottom of the barrel. methinks someone is playing loose with the facts in that report for whatever reason.
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Mz Pip Donating Member (1000+ posts) Send PM | Profile | Ignore Sat May-24-08 08:16 PM
Response to Original message
3. WOW
those 18% who still think the country is on the right track must have multiple accounts and screen names in the fund drives.

Then there are the folks who can funnel millions into the 527s.

We think it's ugly now? THe worst is yet to come.
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Jane Austin Donating Member (1000+ posts) Send PM | Profile | Ignore Sat May-24-08 08:16 PM
Response to Original message
4. It's because all the money is tied up in the Dem primary.
Nobody's giving to the DNC, and some of Hillary's supporters demanded their money back from the DNC that they'd previously given.

I'm worried about candidates like Rick Noriega, who have a chance against Sen. Cornyn, but isn't getting the money, because everybody's attention and money is tied up in the Presidential primary.
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FogerRox Donating Member (1000+ posts) Send PM | Profile | Ignore Sat May-24-08 08:32 PM
Response to Reply #4
11. Correct, we're looking at maybe 300 mill being spent by Dems in the Primary.
And if we kick in another 300 million after the convention, ouch.

Another way to look at it Dems have raised about 300 mill, while the repubs have raised about 120 mill.
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mach2 Donating Member (164 posts) Send PM | Profile | Ignore Sat May-24-08 08:17 PM
Response to Original message
5. That is just one reason I continue to warn us against overconfidence.
Winning primaries against other Democrats is a piece of cake compared to the carnage of the upcoming general election.

McCain IS an ass...roughly as much of one as the guy who is now spending the last of two terms in the White House...in spite of all predictions by Democrats in 2000.

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CountAllVotes Donating Member (1000+ posts) Send PM | Profile | Ignore Sat May-24-08 08:18 PM
Response to Original message
7. just donated another $150 to Obama
If he needs money, he shall have it. We The People will not let him down!

:dem:

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Jane Austin Donating Member (1000+ posts) Send PM | Profile | Ignore Sat May-24-08 08:42 PM
Response to Reply #7
14. Obama's OK in terms of money.
It's the Dems down the ticket who will need help from the DNC.

New Dems, who don't have an incumbent's advantage in fundraising, are really going to need help from the DNC.

Remember, the DNC is Howard Dean and crew. They are not the ones who interfere in primaries - that is the DCCC and the DSCC.

And the DNC is not the DLC, either. The DLC is people like Lanny Davis, Terry McAuliffe, and Harold Ford.

It's because of Howard Dean and the DNC that we have operations in all 50 states, even unlikely ones like Louisiana and Mississppi, where Dems recently captured long-time Republican seats.

I can't wait until Obama is official and he can ask his supporters to support the DNC, too.
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KharmaTrain Donating Member (1000+ posts) Send PM | Profile | Ignore Sat May-24-08 08:21 PM
Response to Original message
8. The RNC Has Raised More Than The DNC
That's where most of their money lies. Their other coffers...the RCCC and RSCC are a joke. Much of the DNC money has gone to party building and the protracted primary season has hurt the committee from raising more funds.
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jerryster Donating Member (685 posts) Send PM | Profile | Ignore Sat May-24-08 08:29 PM
Response to Reply #8
10. Thanks for the info. n/t
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seasat Donating Member (1000+ posts) Send PM | Profile | Ignore Sat May-24-08 08:29 PM
Response to Original message
9. Large corporate donors to the RNC are propping them up.
Edited on Sat May-24-08 08:29 PM by seasat
They can give unlimited amounts to the parties but are limited to 2300 per individual for the candidate. The big corporate donors know that there is no way the Repugs are going to take the house or senate so they are betting their whole wad on at least controlling the presidency. Their senate and house campaign committees are seriously behind ours.

Also, while I admire Howard Dean and feel he has done an excellent job, the DNC has lagged in fund raising under him. Plus, many of our donors have been tied up with a primary candidate in this protracted race. With Obama taking control of the DNC soon, it'll be a beautiful combination. We'll have Dean with his reform policies that have put us in play in every state and the Obama team's fund raising abilities. I predict that once the primary is settled, we may pull ahead of the Repugs in total campaign cash.
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napi21 Donating Member (1000+ posts) Send PM | Profile | Ignore Sat May-24-08 08:33 PM
Response to Original message
12. I'm not sure that is right. Earlier today I read several posts about
Edited on Sat May-24-08 08:34 PM by napi21
a campaign rally in AZ where Shrub was to be raising $$ for McCain. It was to be at a sports stadium in Phoenix but had to be moved because they couldn't get enough people to fill the stadium and moved it to a much smaller facility. The posts also indicated that Shrub's $$ raising abilities were not what they used to be. I'll see if I can find a link to one of those posts.

Here ya go:

http://www.democraticunderground.com/discuss/duboard.php?az=show_mesg&forum=389&topic_id=3335482&mesg_id=3335482
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ShadowLiberal Donating Member (1000+ posts) Send PM | Profile | Ignore Sat May-24-08 08:33 PM
Response to Original message
13. Several reasons
There's several reasons for this I believe.

-The RNC has continued to raise more then the DNC despite republican's getting heavily out raised by the democrats elsewhere. However the cash advantage of the RNC compared to the DNC is much smaller then it used to be.

-The RNC has decided from the lack of cash all of a sudden all over the board, and the likely losses in both houses of congress, to bet everything on McCain, so they're not going to help bail out republicans in close senate and house races

-The RNC is working so closely with McCain that they're now telling their donors that they can legally give McCain up to $70,000 dollars under current finance laws, as long as they give it to the right people (I forget exactly how, but it's sending it to 3 different republican groups that can share the money, $2,300 to McCain, some to the RNC, and some to someone else, I forget who)
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BlooInBloo Donating Member (1000+ posts) Send PM | Profile | Ignore Sat May-24-08 08:48 PM
Response to Original message
15. I thought it was the *congressional* group that we were kicking their asses on....
While the Presidential funding groups were closer - and them currently slightly ahead at the moment.

It's only a vague memory though.

And I suspect it won't matter much in a month or two anyway.
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