Obama Could Raise $100 Million In June, Dem Fundraisers Say

Now that the Obama campaign has turned its focus towards the general election against John McCain, leading Democratic fundraisers are predicting that Obama's fundraising could skyrocket even higher than it already has. Specifically, some predict that he could raise $100 million in June:

Leading Democratic fundraisers predict that Sen. Barack Obama (D-Ill.) will raise hundreds of millions of dollars over the next few months if he opts out of public financing and begins raising money for the general election.

Specifically, they say Obama could raise $100 million in June and could attract 2.5 million to 3 million new donors to his campaign.

These fundraisers say Obama could increase his fundraising dramatically because of three factors: a boost of enthusiasm among Obama donors following his clinching of the nomination; the migration of Sen. Hillary Rodham Clinton's (D-N.Y.) donors to his camp; and the mobilization of big Democratic donors who have given little so far this year.

Record-breaking projections give Obama strong incentive to pass up $85 million in public funds that his opponent, Sen. John McCain (R-Ariz.), has said he would accept.

Check Huffington Post's Fundrace to see if your friends, neighbors, colleagues and even your boss are adding to Obama's potential $100 million haul.

Earlier: Obama Donor Lists Too Large For FEC To Process

Comments

[Sabreen60]

I read somewhere that if each person who donated to O8 during the primary gave $250, he would get
$3 billion.

[armadillious2002]

It's all great that the Dems are supporting so well financially this time. We'll need every penny to counteract the repub lies. Just this morning - every sound bite I heard from McCain was about Obama raising taxes on the middle class the elderly and blah blah blah. Sure it's all hogwash but it has to be countered since this is and has always been one of their favorite campaign issues.

Of course the truth is that Obama wants relief for the middle class and elderly and mainstream Americans and he wants the big corps to start paying their share. He wants to close offshore tax havens and roll back some of the big tax giveaways to the richest 1%. This old phrase about "tax and spend" liberrals has got to be countered this year and the sooner the better. The repubs have got to be exposed for what they really are and have always been 'by the rich, for the rich, and of the rich".

Bush was supposed to have been the big tax cutter - well my taxes didn't go down any I guarantee you - they went up. So who got the tax cuts? This has got to be hammered home to the American voter.

[busybeez]

I heard that Obama had an immediate reply to McCain today, so this Obama's reply was played with McCain's spot on the news. That's what he has to do--punch back fast. Obama is on his game.

[CindyInIndy]

()bama was born in Hawaii on August 4th, 1961.

from http://www.barackobama.com/about/

[Citizenofreality]

We give each and every month and we are on a small fixed income. I add whatever I can when possible, the future of my country is more important to me than having money to spend on frivolities.

[CostaMesaJoe]

I'm a graduate student and am living as frugal and penurious as possible; but I will still give him a $50 a month no matter what....

[Underthematrix]

I'm a student and I also give every month. It's not a lot but when you add all us small donors we have a HUGE impact. I'm going to start working soon so I'll be giving more to Obama and will start giving to the DNC.

[emmav70]

Why did you make me cry ? Why ? :) :)

Good luck with your studies and thank you so much for being such an inspiration !

[veracity]

Thanks for dat, Citizen o' Reality! That _is_ the bottom line this election 2008.

If the United States _expands_ its wars in the Mideast, it will be because too many Americans preferred a night at the movies, a night on the town, or even a night on the sofa watching a ball game, to getting off their couch potato duffs and stopping this illegal regime's relentless usurpations of power.

Fortunately, the new Dem. candidate is inspiring tens of thousands of _new_ Democratic voters to make that committment, even sacrifice. Perhaps those new voters, donors, and activists understand that this current regime is lusting after not just "surgicial" bomb and cruise missile strikes on ____ targets, but on calling up the draft, and even asserting martial law.

After all, back in 2002-2003, when they had 85% approval ratings behind their backs and control of both House and Senate (thanks to Joe Lieberman _quashing_ the Senate Enron investigation in his committee, thereby _robbing_ Democratic voters, activists, and candidates of their best issue in the 2002 election - - - the opportunity to TIE George W. Bush to the FRAUD and CORRUPTION of his biggest donor, Ken Lay and ENRON)
....the Bush-Rove-Cheney White House felt frisky enough to go down to Alabama, blatantly _rob_ Democratic Governor Don Seigelman of his re-election win there, and then whip up a lynch-mob prosecution of Siegelman that all but buried him when he protested that stolen election (and started to run for re-election again) !!

[ChristiB]

I hope he opts OUT of public funding.

[Beelzebul]

A chain-smoking preacher man selling pipe dreams to his flock of followers. Nice.

10s of millions of us will be voting for a true war hero and protector of our homeland come November. Not some skinny sermonizer with a bucket of snakes and carton of cigarettes next to his podium.

[ejay579]

I didn't know that a true war hero is running for POTUS this cycle? Who is it?

[suzyhein]

that tickled

[Karisma]

Well said!

[Karisma]

Finally someone else who see's the light! Praise the Lord!

[Meggie]

since Mccain has already broken his own campaign finance rules, Obama should not tie himself into that whole situation. it would be nice to be able to have that kind of a campaign, but Mccain and the repubs have already shown that they are not interested in being decent or fiscally responsible. if they say anything about the dems' path, then the dems need to pound them into the ground about the fact that Mccain has already broken campaign finance laws.
more important than financing, dems need to be all over voter registration and protecting votes. this should not be some shocking, dirty story that gets poo-pooed the morning after the election, this should be front and center with lots of noise from now until the voting is over. if dems allow this election to be stolen because they've sat back for the past 8 years and done nothing, then maybe the party doesn't deserve so much serious attention at the big elections. they need to be on this now.

[KeysDan]

My hope is that Senator Obama will opt out of federal financing so as to enlarge his campaign funding. He will need a great deal of money to counter McCain and the Republican party. After all, the only real chance McCain will have is to conduct negative campaigning and to mount disingenuous attacks. What else do the Republicans have going for them? The Bush misadventures, mismanagement and malfeasance are glaringly apparent. Moreover, the Republicans have no programs to offer. In fact, they are opposed to programs other than war--what do they say, if elected we will cut back social security, medicare, medicaid, give no help to veterans or students, nothing for middle classes, and certainly, nothing for the poor? Elect me and let the markets save the day, except for those markets in Baghdad, where we can take a leisurely stroll.

[KillTheMessenger]

Yes. We can.

And, you, Mr. McCain, you can't.

[JJeff88]

I love that the campaign is raising all that money (and the way we're raising it).

But all those "Money Bags" headlines in the media make me uncomfortable (I'm not sure this is the signal we want to convey to the unemployed auto worker in Michigan or the laid off mine worker in Eastern Kentucky).

Although political PR operations are probably overrated when it comes to influencing how the media treats news stories, I hope the campaign emphasis will be more on "how many people have donated" and less on what the totals are.

Also - I know I deliberately decided to withhold financial support for the DNC until I felt comfortable that they wouldn't be unfair to Sen. Obama with regard to Michigan or Florida. It appears that everything has worked out OK. Right now the DNC is lagging behind the RNC in money. If there are others who took the same approach that I did, it might be time to free up any loose change & zap it over to the DNC.

[Strywever]

Especially important to start giving to the DNC now that Obama has ruled out lobbyist donations to the DNC!

[CalvinistHobbesian]

I'm gonna call right now and double the monthly contribution I started when Governor Dean became Chairman. In 2004 I believed he would transform the Democratic Party, and he has. I believe that Barak Obama is the next step in that transformation, and I'm going to start a monthly contribution to his campaign as well...

[eladora]

he needs to come out screaming about the revelation fron Iraq about the bases ----

[williamg]

There is no revelation. It isn't going to happen.

[vippy]

Little he can do with the cowardly senate and congress. We, the people, need to fire them all come re-election time 2012. What have they ever done for us, the masses, but vote themselves
huge pay increases and enrich themselves by passing the laws of the future's market in order
to sell us high priced gas. Are we ANGRY yet - it is high time to take action. Obama alone cannot do it. Who knows if Obama is not forced to take in Hillary, then may god have mercy with us.

[marykins123]

Obama also needs to come out SCREAMING when ever McCain says that he has a "balanced budget"...­.Obama should be SCREAMING, "Oh really, that 'balanced budget' DOES include the war in Iraq, right? Or are you just another Bush and going to "hide" to the cost of the war outside your budget?"

[sij3o]

And about this clip:
http://video.236.com/services/link/bcpid1595640978/bctid1595738300

[barackobama4prez]

But what if we don't need all that $$$$ to beat McCain. What then? Does anyone know where the extra money goes?

[ylpatriot]

Can we say, Its vulgar, yes vulgar the amount of $ thrown towards a campaign..­. regardless of of party affiliation !!!! Such a waste and corruption

[Actionmac]

in the war chest to be used another day... help down tickets, special elections and 2012 presidential azz kickin'.

[Meggie]

great question. I've always wondered. I thought it would be great press when dem candidates in the past have had surplus to donate to one of the government programs that need financing, like education, SS or just into the deficit. amazed that nobody has done that yet. is it against some law?

[BeyondGoodAndEvil]

Back to the DNC. And he will need it all and more.

[ldsrapha]

We will need it to fight the 527. Unlike McCain, Obama wants to stop the 527's from defining his campaign message

[karela]

It isn't that Barack Obama is a saint. He isn't. It isn't that he can do everything alone. He can't. This is what it is: He made us believe that if we stood together we could change the country and the world for the better and achieve more justice for more people. If we took financial responsibility for our own political candidates, we could take our government back from the lobbyists and special interests who have been controlling it to our detriment for so long. The great gift that he has brought us is not a messiah figure, but rather a belief in our own power for good if we work together. Don't worry about whether or not we're paying our bills. We are. We're very concerned about what's been happening to our country and we feel an urgency. An America that loses it's moral compass will result in wide spread suffering . The world knows it too. That's why every international poll shows that Obama is more popular than any other lving world leader. They write songs about him in Japan, hang banners in Scotland, form support groups in France, blog from Indonesia and Kenya. They know that the choice we make about who will lead us, will impact their lives too. We think we're spending our donation dollars wisely.

[Rockville]

Well said! In 2000 my husband and I moved to Europe for 3 years. I was amazed at how much everyone knew about the details of our government and how much what happens in our country influences them. I had never thought of it on such a personal level before. We must think globally!

[Teritt]

great post!

[Actionmac]

x2, well said except lets not say donations, but INVESTMENTS dollars in the future of our country. I see that change in language is more in line with how we view the money we give.

[Cookie100]

go od po st

[mahoner]

Here in Canada we're also big fans as well. I just wish that donations could be accepted from non US citizens. I'd gladly help out, and I actually plan to hit a rally near on of the borders with my girlfriend as soon as he's back in around Ohio or Michigan.

[HumeSkeptic]

What if gets only $89 million in June? Will that be considered a failure?

[ElPerro]

Bob Barr 08 = Nader 00

Get Er Done!!

[NotGuilty]

Bob Barr meets Borat:

http://www.youtube.com/watch?v=mPn4mlFycpI

[Bertha40869]

Every time I think about Bob Barr on Borat, I think of the fact that this man is so stupid that he would eat cheese from a total stranger, and he wants to run this country? It would be funny if it weren't so sad.