Wednesday, July 4, 2007

Yes! Yes! YES!!! (fists pumped in the air!!!) YEEEEES!!! Obama SHATTERS donation record!

For those of you who have been busy with holiday plans or blinded in the news by the stankyness of the Scooter Libby poop, here’s something fun and encouraging that’s worth celebrating. My man Barack is kicking ass and taking names! …and it’s all happening from the support of everyday Americans LIKE ME AND YOU who want to make a difference. Absolutely beautiful.

To donate to Barack Obama's campaign and be part of this incredible ride for a better America and world future, go to this link: Help Obama! Thank you for your support!

I was feeling bummed out and bittersweet earlier today, but then I recalled this in the news the last couple of days. NOW I’ve found a reason to celebrate today!

Here’s the article from the Chicago Tribune, by Mike Dorning and John McCormick, Tribune staff reporters. Mike Dorning reported from Washington and John McCormick reported from Chicago. Published July 2, 2007.

WASHINGTON -- Presidential candidate Barack Obama on Sunday reported raising a formidable $32.5 million during the past three months, breaking records for a Democratic candidate and demonstrating surging financial strength.

The Illinois senator's fundraising total placed him well ahead of his rivals in securing donor support and building cash for what is expected to be an extremely costly nominating season.

Of Obama's total, $31 million can be used for the primary campaign, half again as much as the $21 million reported by Sen. Hillary Clinton of New York. Including primary and general election funds, her campaign said it raised "in the range" of $27 million during the quarter.

That means Obama has outraised Clinton both in this most recent quarter and for the first six months of 2007.

The second quarter ended at midnight Saturday amid a barrage of appeals from the campaigns for last-minute contributions. The candidates must file detailed disclosures by July 15 but are free to release figures earlier, something none of the major Republican candidates did Sunday.

While money is just one ingredient in a campaign, Obama's fundraising pace puts his candidacy on a course to match and possibly exceed the resources available to Clinton, a former first lady who came to the campaign with extensive ties to the Democratic establishment and a ready-made donor base.

Still, despite the celebrity media coverage Obama has received since he arrived on the national stage in 2004, to most voters he is a much less familiar figure than Clinton. And the advertising that campaigns traditionally use to introduce voters to a candidate can be expensive.

Obama began advertising last week, with two television commercials in Iowa introducing his biography to voters. Clinton, who leads in national polls, has not begun advertising.

The Obama campaign emphasized the breadth of its fundraising support, reporting that more than 154,000 new donors had given during the April-June period for a total donor database of 258,000. The Clinton campaign had about 60,000 donors in the first quarter but did not release a total for the last three months.

Historic effort, Obama says

"Together, we have built the largest grass-roots campaign in history for this stage of a presidential race," Obama said in a statement.

Obama's fundraising receipts were the largest quarterly total ever for a Democratic candidate during an off-election year. President Bush, who raised $35.1 million as an incumbent during the April-June quarter of 2003, is the only candidate who has exceeded the total.

The $32.5 million Obama reported was a substantial increase from the $25.7 million he raised during the first quarter. Clinton's estimate of approximately $27 million indicated slower growth from the $26 million she reported during the earlier quarter.

Former Sen. John Edwards of North Carolina, meanwhile, reported raising at least $9 million, down from $14 million in the first quarter.

Aides to Edwards downplayed the decrease from the first quarter, as well as the widening money gap with Clinton and Obama.

"This isn't a money race," said Joe Trippi, a senior Edwards adviser and a former strategist for 2004 presidential hopeful Howard Dean. "It's a race to win the nomination, and that's what we intend to do."

The strategic implications of the fundraising performances were apparent in comments each campaign made after their release.

Obama's campaign said the latest fundraising total shows it will have the resources to compete not only in the early states of Iowa, Nevada, New Hampshire, South Carolina and Florida, but also in a group of more than 20 states expected to hold primaries on Feb. 5.

"We are on a financial course that will allow us to both fully fund efforts in the early primary and caucus states, and also participate vigorously in all the Feb. 5 contests, including large states like California, New Jersey, New York, Georgia and Missouri," campaign manager David Plouffe wrote on the campaign's Web site.

Edwards' deputy campaign manager, Jonathan Prince, said the campaign would concentrate its resources in the earlier states. "The nomination is going to be won or lost in those early states," he said.

New Mexico Gov. Bill Richardson closed in on Edwards' fundraising, reporting on Friday that he had received at least $7 million in contributions during the quarter.

The fundraising totals suggest that Obama probably has more money available for use in his presidential primary campaign than Clinton, despite a $10 million advantage she began with in leftover funds transferred from her 2006 Senate campaign in New York.

Federal campaign finance rules limit donors to a $2,300 contribution to a candidate's primary campaign. Big-dollar donors can contribute an additional $2,300 for use during the general election campaign.

Clinton pursues bigger donors

Clinton's campaign has relied more on big-dollar donors. During the last quarter, less than three-quarters of her total was available for the primary.

At the March 31 close of the first quarter of 2007, the Clinton campaign showed $24 million in cash on hand for the primaries versus Obama's $18.2 million.

Michael Toner, a former chairman of the Federal Election Commission and currently an adviser to Republican Fred Thompson's presidential exploratory committee, said the financial edge probably will now shift, depending on how much each campaign has spent.

"Sen. Obama in all likelihood is going to have more cash on hand for the primaries than Sen. Clinton and possibly considerably more cash on hand," Toner said. "Very few people would have predicted that six months ago."

None of the major candidates released figures on their spending.

Sen. Christopher Dodd (D-Conn.), meanwhile, reported raising $3.25 million this quarter. Aides said he had $6.5 million cash on hand, bolstered by $4.7 million that he transferred in from his Senate campaign account earlier this year.

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mdorning@tribune.com

mccormickj@tribune.com

So then, YES!!! All the effort's starting to pay dividends! GObama!!! GObama!!! GObama!!! GObama!!! GObama!!! GObama!!! GObama!!! GObama!!! GObama!!! GObama!!! GObama!!! GObama!!! GOOOOOOOOOOOOOOOObama!!! Whooohooo!!! See? He can hear ya! Ya got him all amped and he's pointin' atchya! I'm screaming GObama out my front door! I'm screaming GObama out my car window! I've lost my friggin' voice!

I can't get enough of this guy's positive energy and focus on the Presidential prize. I'm absolutely overcome with unadulterated joy---something I haven't felt since the Mariners came from behind to beat the Yankees in that division series in 1995.

Now let’s crack a beer and enjoy the fireworks! I'm throwing on Rush's self-titled debut album from 1974 to get "in the mood," no pun intended. Some happy music and blue collar hard-groovin' raw Canadian blues for the soul... S

2 comments:

Curtis Faith said...

Glad to see we have another supporter.

It amazes me how many people are supporting Hillary just because. No real reason just that they remembered Bill being a likeable guy.

Check out my blog at: www.unitedinthestates.org if you get chance. I'm a fellow supporter.

Sweva said...

Thank you Curtis, I'll definitely check that site out. Thanks for taking the time and interest, for leaving a comment, and for spreading the word on my page.