Obama, Democrats At Disadvantage Thanks To Liberal Mega-Donors' Hesitation To Give

Politico:

After spending $200 million trying to oust President George W. Bush in 2004, big liberal donors are hesitant to jump back into the outside money game, even as Republican super PACs emerge as the Goliaths of 2012.

Ground zero for the debate is a little-known, but highly influential club of mega-donors. How the fight shakes out will go a long way toward determining whether top Democratic groups can keep up with their deep-pocketed GOP counterparts – or be badly outgunned heading into the fall, leaving President Barack Obama and other Democratic candidates at an extreme disadvantage.

Read the whole story: Politico

Comments

[Molly D]

12:26 AM on 03/04/2012

What is this always equating money with chances to win? I get 15 robocalls a day, mostly for Republicans, whose ballot I won't even have (with half the county judges on the primary, that takes precedence over messing with them). It matters now amongst Repubs trying to smear each other, and even there I don't understand how an intelligent person is swayed by any of that. The prez has his job to do, debates, campaign appearances. Screw the robocalls.

[Ariel Finn]

10:49 AM on 03/03/2012

It's very very true that the Dems are at a big disadvantage. It's going to be very difficult for any Democratic Congressman and Senator to win with Obama's horrific record and failed economic, job creation and energy policies.

[Truth Talker]

08:12 AM on 03/10/2012

Millions have jobs have been created under President Obama. Millions.

The stock market is up hugely, humongously, under President Obama.

General Motors is the largest car company in the world under the policies of President Obama.

We are producing more oil and importing less oil under President Obama. We have more oil rigs pumping oil under President Obama now than we had when he took office.

[Ariel Finn]

01:21 PM on 03/11/2012

Enough White House talking points.

Although 223,000 jobs were created in January., you need to tell the other part of the story. 1.2 million people gave up looking for work in January. These 1.2 million people were removed from the group of persons who are reported to be unemployed, dropping the pretend unemployment number to 8.3%.

And while Obama has added 3.7 million new jobs, the reality of the situation is that 4.4 million jobs have simply disappeared since Obama became President.

4.7 million people have stopped looking for work since the Inauguration of Obama. Added to the 12.7 million, the total of unemployed is 17.4 million without work or about 11%.

When one adds in the 10.5 million who were forced to work part time but need to work full time, we have 28 million who are unemployed or underemployed. The REAL rate of unemployment rate is 17%.

I'm sorry if the facts get in the way of your talking points.

And producing more oil? You can thank President Bush for that. Because he added more leases (unlike Obama who cut them), we are finally getting more oil. Under Obama, he has cut drilling in the Gulf and is barely let oil companies explore in the U.S., let alone send oil from Canada through the Keystone Pipeline.

Sorry to burst your bubble.

[StillAmused]

03:44 AM on 03/03/2012

Yeah... but we have Obama.

The GOP?

How much — per voter — d'ya' figure it would cost the Republican mega-funders to buy the election for ANY one of the passengers in the GOP cl0wncar?

[voteforhopeandchange]

05:48 AM on 03/03/2012

"The King Of All Clowns" LOL LOL...............................NOBAMA2012.

[Petey131]

09:27 AM on 03/03/2012

The clowns are on the GOP road trip.

LOL LOL..............................NOBAGGERS2012! oh yes and NOMORMON!!!!

[StillAmused]

06:33 PM on 03/03/2012

Stock up on ãntidepressants, m0 ron.

You're gonna have a rough November.

[annyp]

12:53 AM on 03/03/2012

People power beats money anyday. President Obama will get a second term.

[voteforhopeandchange]

05:51 AM on 03/03/2012

The only way he would be allowed any where near The White House would be if our new president keeps him on as vacation planner or maintenance man.

[Petey131]

09:28 AM on 03/03/2012

You know Bush isn't President any more right?

[l78lancer]

11:46 PM on 03/02/2012

Whiny, gutless rich donors liberal are useless. They complain about what wasn't done as if they haven't borne witness to the obstruction that has occurred over the past 3 years. The working class and middle class voters who put him there before will do it again - with or without the help of those cowards.

[whispurr]

01:14 AM on 03/03/2012

I always laugh (and sometimes cringe) at voters in a lather thinking the president hasn't done enough for them when any candidate on the right would clearly do a lot less, and probably turn things backwards 50 years. Yet they whine. Ugh.

[l78lancer]

12:09 AM on 03/04/2012

Well stated. F/F.

[voteforhopeandchange]

05:52 AM on 03/03/2012

Any one who would allow him another 4 year free ride need to have their head examined.

[Petey131]

09:29 AM on 03/03/2012

Rember Bush? He is no longer in the W.H.

[l78lancer]

12:11 AM on 03/04/2012

Well, thanks to HCR, the examination line will be VERY long.

O-2012.

[Tquin]

11:28 PM on 03/02/2012

This is only because smart money does not bet on a loser.

[Molly D]

12:35 AM on 03/04/2012

Sometimes that money is a bid, sometimes a "buy it now." Goldman is bullish on Mitt.

[centsable]

09:30 PM on 03/02/2012

Had me thinking there for a while, then noticed it was Politico...may as well be FOX.

[larmarch5]

08:22 PM on 03/02/2012

How much will it take as long as Rush and the GOOPs are joined at the scrotum?

[Cacey]

07:16 PM on 03/02/2012

The President is not the only person running and regardless of who is nominated to run against him, his continued success will depend on the nation's having a Democratic House and Senate. In the last election, my Republican district was smart enough to elect the Democratic incumbent and we must work together to assure that Leaders, Democratic Leaders take over a Democratic House and maintain a stronger Republican Senate.

[voteforhopeandchange]

06:27 AM on 03/03/2012

Success LOL LOL America is in desperate need of a leader. America has not had a leader since President Clinton..................................SAVE AMERICA.........................NOBAMA2012.

[Petey131]

09:30 AM on 03/03/2012

Bush, Bush, Bush. He is no longer in office. Where have you been? NOBAGGERS/MORMON IN 2012!

[Payd Troll]

05:56 PM on 03/02/2012

president O definitely won't have to spend much making tv commercials. it's all on film as we type.

[Payd Troll]

05:53 PM on 03/02/2012

money can NEVER ever overcome people power. sorry to rain on your teaparade.

[1 t-bone]

10:03 PM on 03/09/2012

Really? Then why ahve a fundraiser, collecting from nba players at 30k per person. they aare hoping for 40 to 70 contributors. Thats 1.2 mil to 2.1 mil. plus this little excerpt from the Orlando Sentinal

"His nine-hour visit to Florida includes an "official event" — a speech on the economy at the University of Miami — which means taxpayers will foot the cost of his travel from Washington aboard Air Force One. The jumbo jet costs $181,757 per hour to operate, according to an Air Force estimate given to the National Taxpayers Union.
But after the speech, Obama will spend the rest of his time fundraising, including stops at the Biltmore Hotel and the home of influential attorney Chris Korge.
But of course this is not reported anywhere in the main stream media except locally.

[tiare75]

05:48 PM on 03/02/2012

They are probably waiting to see who the Repbulican nominee will be. If it happens to be Santorum then Obama won't be needing a whole heck of a lot of money to beat him. If it's Romney then he'll need some.

[merle7]

05:04 PM on 03/02/2012

WITH ALL THEIR MONEY THEY WILL STILL LOSE !!!!!!

[RG41]

08:44 PM on 03/02/2012

I really hope so because with a Romney Presidency we would ALL (middle class and poor) be digging one GIANT CORPORATE GRAVE for ourselves.

[mistlesuede]

04:59 PM on 03/02/2012

We are going to be at a disadvantage no matter what, so the mega-donors better get their wallets in gear and do it until it hurts. If there is any hope of getting an amendment to the constitution to strike down CU, we're going to need total control of congress and the President.

[voteforhopeandchange]

06:29 AM on 03/03/2012

First we have to elect a REAL president.

[Petey131]

09:31 AM on 03/03/2012

We have a REAL President. The fake one was Bush. Remember? You member...

[mistlesuede]

06:28 PM on 03/03/2012

I remember a puppet for eight years whose strings were pulled by his VP.
Thank God we have the real thing now.

[tangelan]

04:57 PM on 03/02/2012

Based on current events Democrats will find that they don't need as much money as they thought. I'll keep donating, though.