7/19/2011

Obama did 31 fundraisers in second quarter of the year

Karl Rove is less than impressed by how much money Obama brought into the campaign given how much time he put into raising it.

Thirty-one fundraisers in a quarter is a big strain on any president's schedule. Mr. Obama can’t keep that pace up and not just because he's got a day job. There are also just so many cities capable of producing $1 million and only so many times you can hold a million dollar fundraiser in them.
The president held six fundraising events each in California and New York. Even these two bastions of rich liberals have a finite amount of $2,500 donors. Mr. Obama is front-loading campaign cash and won't regularly get this amount of big buck donations each quarter.
Even though at least $35 million (almost half the total Obama/DNC haul) can be credited to just 244 well-connected “bundlers,” Team Obama made a big thing of their 260,000 new small dollar donors. But that means only 292,000 donors from his last campaign have renewed their support for the re-elect so far. That's just 6.6 percent of the 3.95 million people who donated to the '08 Obama effort, only a quarter to a third of what most reelect campaigns could expect from renewal efforts at this point. . . .

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