| *Breaking News* Obama campaign raised $52 million in June; Obama campaign raised $52 million in June - Yahoo! News
WASHINGTON - Democrat Barack Obama's presidential campaign says it raised $52 ... |
07-17-08, 07:26 AM
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| | Young Money Millionaire
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Obama campaign raised $52 million in June - Yahoo! News Quote:
WASHINGTON - Democrat Barack Obama's presidential campaign says it raised $52 million last month.
The Obama campaign and the Democratic National Committee ended the month of June with a combined total of nearly $72 million in the bank.
Last week the campaign of Republican John McCain reported raising more than $22 million in June, which was his best month of the year.
Together, the McCain campaign and the Republican National Committee began July with about $95 million in the bank.
| I'm not too up to date on campaign financing but is this good for Obama? or McCain? Somebody mind explaining what these numbers mean?
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07-17-08, 08:12 AM
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Current Mood:  | Re: Obama campaign raised $52 million in June
It's really no surprise. The general campaign flow actually differs from what most people want to believe. Republicans tend to get the good portion of their campaign donations from individuals and families while Democrats get it from corporations and multimillionaires (the vast majority being the latter). With times hurting middle America as much as it has (not to mention a monstrously bad Republican rep), Obama should be burying McCain under the weight of cold, hard cash.
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07-17-08, 03:30 PM
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Originally Posted by Gipper  It's really no surprise. The general campaign flow actually differs from what most people want to believe. Republicans tend to get the good portion of their campaign donations from individuals and families while Democrats get it from corporations and multimillionaires (the vast majority being the latter). With times hurting middle America as much as it has (not to mention a monstrously bad Republican rep), Obama should be burying McCain under the weight of cold, hard cash. | So Obama is beating McCain? | |
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07-17-08, 11:43 PM
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Originally Posted by Hatuey So Obama is beating McCain? | How much of the money came from overseas or special interest groups? I'd be interested to know exactly who is buying the favors of a possible future President. Tell me again why he didn't want the US public funds? Don't feel so chuffed that Obama is beating McCain in this area. It is a nasty can of worms. | |
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07-17-08, 11:48 PM
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| | Professor
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Originally Posted by Happy Days How much of the money came from overseas or special interest groups? I'd be interested to know exactly who is buying the favors of a possible future President. Tell me again why he didn't want the US public funds? Don't feel so chuffed that Obama is beating McCain in this area. It is a nasty can of worms. | Why don't you look it up? | |
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07-17-08, 11:55 PM
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| | Enemy Combatant
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Originally Posted by Gipper Republicans tend to get the good portion of their campaign donations from individuals and families while Democrats get it from corporations and multimillionaires (the vast majority being the latter). | That doesn't seem to be the case in this election cycle. The average donation to Obama's campaign is a little over $60. Quote: |
Originally Posted by Gipper With times hurting middle America as much as it has (not to mention a monstrously bad Republican rep), Obama should be burying McCain under the weight of cold, hard cash. | And I have no doubt he'll do just that, unless McCain picks Romney as VP and Romney feels like self-financing the campaign.
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07-18-08, 10:25 AM
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07-18-08, 06:33 PM
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| | Young Money Millionaire
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Originally Posted by Reverend_Hellh0und | I'll take 50 million in a month. | |
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07-18-08, 06:35 PM
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Originally Posted by Hatuey I'll take 50 million in a month. |
in the business world if you pedict 100 million in a month and you only achieve half that your stock goes down. | |
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07-18-08, 06:39 PM
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Originally Posted by Reverend_Hellh0und in the business world if you pedict 100 million in a month and you only achieve half that your stock goes down. | Well this isn't the business world, this is politics. And Obama's stock has gone from $63 to $69 in the last month. Intrade Prediction Markets | |
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