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In Past Two Weeks, Large Donors Gave Obama $11 Million

By Matthew Mosk
Sen. Barack Obama's campaign has been trying to keep donors worried about the possibility of being swamped by attack ads in the final hours of the 2008 campaign.

"Our spending plans have been stretched by John McCain's negative attacks and the overwhelming resources of the Republican National Committee," warned a recent e-mail the campaign sent to supporters. "Right now we need your help more than ever to get this campaign across the finish line."

But by the look of the campaign's reports to the Federal Election Commission, the Obama camp hasn't had too much to worry about. Over the past two weeks, the campaign has raised $11 million in large donations of $1,000 or greater. For the most part, that's money that has come in with minimal effort; since mid-October, Obama has devoted almost all of his time to campaigning and very little to fundraising efforts.

That $11 million figure doesn't include all the small dollar contributions generated by e-mail solicitations, which had the potential to raise tens of millions of dollars more for Obama to spend during the final days of the campaign. How much money arrived in smaller donations won't be reported until after the election, as the FEC only requires candidates to report contributions of $1,000 or greater during the final 20 days of the campaign. But it is safe to assume the amounts raised from the smaller donations were many magnitudes greater, thanks to the lack of large-dollar fundraising events.

One interesting tidbit emerging in these reports: That costly infomercial very well may have paid for itself. On October 29th and 30th, during the 48-hour period around its airing, the campaign reported having collected more than $1.2 million in checks of $1,000 or greater.

Posted at 5:15 PM ET on Nov 3, 2008  | Category:  The Green Zone
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Comments

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Obama's got big money behind him, limousine
liberals who can't identify with the middle class; they don't realize Obama's policies make it harder for businesses to create jobs. Jobs are the key to economic growth -- we need a candidate who is "pro-business" in order to grow the economy. Vote McCain.

Posted by: ohioan | November 3, 2008 7:13 PM

LOL! I LOVED it when a Poster(Forget who) Posted that "RAT" was an Acronym for:

RepubliCAN Attack Team! ;~)

Posted by: SAINT---The | November 3, 2008 6:50 PM

The GOP Rats are Deserting the USS McCain in Titanic Proportions


The Republican rats are all jumping the ship. The USS McCain/Titanic is in full sink mode and all the traditional Republicans, strategists and party faithful are running away as fast as they can.
.
http://www.youtube.com/watch?v=Wbjg9Hh17lI
.


All of these Republican water-carriers who faithfully parroted every lunacy and vicious Bush/Cheney lie of the last eight years are seeing their Propaganda Factory shut down and put out of business. They can't control the national conversation anymore, so they're all angling to be considered "one of the good ones" in the post-conservative era. I look for a lot of these guys to start avoiding Fixed News Channel like the plague the next few years as they seek to rehab their reputations.
.

Posted by: DrainYou | November 3, 2008 6:40 PM

jealousy...the repubs wish their people cared enough to generate that revenue...

we'll see if they are true patriots tomorrow after the smoke clears...

will they step up and support the new dem president? or become disenfranchised from the system, and become part of the problem...

true colors will come shining through...

Posted by: Arthur5 | November 3, 2008 6:39 PM

"How can anyone who is not a millionaire cheer John McCain, who has said he wants to extend the tax breaks for the wealthiest instead of returning the tax for them to what it was during the Clinton administration, as Obama proposes?"
BettyW1

Betty, I know ten thousand or more coal miners in West Virginia this morning who are waking up to read the Spectator and none are millionaires, yet all are questioning any support they may have had for Obama.
Bill Clinton said in 1988 that removing the cap on social secutity taxes was "regressive...no one wants to." THAT'S Exactly what Obama wants to do- it will hurt small business. Obama cleverly claims that 98% of small businesses make under 250k and therefore won't be hurt. He conveniently leaves out the fact that ALL SMALL businesses are included in his figure- EBAY sellers who work at home by themselves, for example. 50% of all small business INCOME will suffer additional heavy taxes due to Obama's unprecidented move.
His "most aggressive cap and trade policy"- his words- will put tens of thousands of coal workers out of work across the country- New Mexico, Colorado, W. Virginia, Ohio, Pennsylvania, Indiana, Alabama, Kentucky, and Virginis. WHO WILL EMPLOY THESE PEOPLE? THE SMALL BUSINESSES WHO ARE BEING MORE HEAVILY TAXED?

The NY Times last week covered the horrible jobs picture in Rhode Island- 8.8% unemployment as the state with the highest cumulative business taxes-

Wake up Betty, don't cut off your nose to spite your face, by voting for Obama in order to "stick it" to Exxon/Mobile and in turn ruining the entire job creating small and medium sized business sector in our great country.

Millionaires, like Penny Pritzker and Barbara Streisand can AFFORD to support Obama Betty- we can't.


Posted by: thecannula | November 3, 2008 6:30 PM

Who knows how much of that haul is legal? A cloud of illegality follows BHO everywhere he goes. His poker buddy got raided by the FBI a few weeks ago. His former bagman is now a convicted felon. And, many more.

And, continuing with the theme of illegality, the BHO campaign intentionally disabled address checking used when people make donations:

http://24ahead.com/blog/archives/008251.html

Try and order something from Amazon or any other online merchant while using an address not associated with your credit card. It's easier to donate thousands of dollars to the BHO campaign than it is to buy a $10 book from Amazon.

Posted by: LonewackoDotCom | November 3, 2008 6:26 PM

Actually, we stopped demanding the best education of our citizens.

Now many of them can't tell the difference between truth and fiction.

John McCain as president? You've got to be kidding me. Colin Powell and Warren Buffet are no dummies...

I'd like to see Bush or McCain graduate from Harvard Law School with a 4.0 record...

Posted by: brad99 | November 3, 2008 6:22 PM

Limits?!

Nobody said anything to me about "Limits"

Oh Golly "Barry";

My BAD!

Feel free to return the left-over from that $5,000,000 "Cash" Donation-While keeping as much as you legally can of course! ;~)

To: RAT-The, General delivery, Rio Grande Valley of Tejas, Mexico!

Por Favor!

Posted by: SAINT---The | November 3, 2008 6:20 PM

I don't know a soul who's not been battered,
I don't have a friend who feels at ease.
I don't know a dream that's not been shattered
Or driven to its knees.

But it's all right, it's all right,
For we've lived so well, so long.
Still, when I think of the road we're traveling on,
I wonder what's gone wrong.
I can't help it, I wonder what's gone wrong.
--Paul Simon, "American Tune" 1973

I don't know a soul who's not been battered,
I don't have a friend who feels at ease.
I don't know a dream that's not been shattered
Or driven to its knees.

But it's all right, it's all right,
For we've lived so well, so long.
Still, when I think of the road we're traveling on,
I wonder what's gone wrong.
I can't help it, I wonder what's gone wrong.
--Paul Simon, "American Tune" 1973
I don't know a soul who's not been battered,
I don't have a friend who feels at ease.
I don't know a dream that's not been shattered
Or driven to its knees.

But it's all right, it's all right,
For we've lived so well, so long.
Still, when I think of the road we're traveling on,
I wonder what's gone wrong.
I can't help it, I wonder what's gone wrong.
--Paul Simon, "American Tune" 1973

Tomorrow! Obama 08

http://www.youtube.com/watch?v=7DdN4KH0kFQ

Posted by: toritto | November 3, 2008 6:08 PM

Republicans have become a party of whiners. The one time in history they've come out looking into the wrong end of the money shotgun and they've been crying like babies for two years.

Posted by: skeetchamp | November 3, 2008 6:05 PM

Obama vs. jobs
By Ralph R. Reiland Pitts. Trib
Monday, November 3, 2008

I interviewed two plumbing company owners over the weekend about Barack Obama's economic proposals for small business.

One has 15 employees and 12 trucks. The other has 52 employees and 34 trucks. They're Joe the Plumber, writ large.

Both owners had the same reaction to Obama's proposed new taxes and mandates. To not have their bottom lines reduced by government fiat, both said they'd be forced to lay off employees.

pecifically, here's what the owner of the larger firm said regarding six of Obama's key proposals for the small-business sector: The average wage at his company, figuring the 52 paychecks of his office staff, installers and service workers, is $31,200, $15 an hour.

First, "Barack Obama and Joe Biden will require that employers provide seven paid sick days per year," states the Obama campaign's Web site. "I give three paid sick days," explained the business owner. His extra cost for this one new regulation would be $24,960 (4 extra days, 52 employees, at an average of $120 per day). "That's one of the women in the office," he said. "I can make up that cost by letting one of the office people go."

Second, Obama states that employers will be required to pay 100 percent of the cost of health insurance premiums for 100 percent of their employees or face a tax penalty. "I pay 75 percent of their coverage," explained the owner. "The family policy is about $11,000. For single guys, it's about $5,000." At an average annual cost of $7,000 per policy, his additional cost for 52 employees to cover the 25 percent of the premiums that he currently doesn't pay is $91,000. "That's the price of three installers," he said. "Just to stay even with where I am, I'd have to fire three more people or raise some prices and fire two."

The result is more unemployment or more inflation, or both.

Sixth, the increase in taxes on this small business owner from Obama's proposed hike in the income tax rate from 36% to 39.8% on incomes above $200,000 and the proposed increase in Social Security taxes comes to $32,000 per year. "That's another employee," he said, referring to the termination of another installer in order to just stay even.

As Obama explained in July: "We cannot continue to rely on our military to achieve the national security objectives we've set. We've got to have a civilian national security force that's just as powerful, just as strong, just as well funded."

As "well funded" as our Armed Forces personnel comes to $119 billion per year in paychecks for "community activism," a lot of money for registering dead voters, caulking windows, making sure that all the guns are locked up at the municipal buildings, and monitoring the airways to make sure that conservatives don't have too many talk shows.

Bottom line, Obama's economic plan doesn't hold water. Neither will our pipes.

Posted by: thecannula | November 3, 2008 6:05 PM

I gave to Obama's campaign, and I'm a citizen. Not like Hao (http://www.chicagotribune.com/news/nationworld/chi-donorsoct29,0,1269595.story)

By Wednesday, Rick Davis and Steve Schmidt will be out of a job, thank God.

Sarah Palin can concentrate on running Alaska and trying to avoid impeachment for abuse of power and breaking the law with her comments on the Pebble Mine ballot initiative.

And John McCain can try to redeem himself.

Posted by: dpc2003 | November 3, 2008 6:00 PM

Yeah, and where are Sarah Palin's medical records.

Yeah sure, her water broke and she gave a speech, then flew to Seattle, then flew to Anchorage, then drove to a little obscure town to, as a 40yr old, give birth to a downs syndrome baby.

Given that Republicans have a long and sordid history of lying, cheating and stealing, one has to wonder what she's hiding.

And why the WaPo isn't reporting on this issue. Where are the Palin medical records?

Posted by: jrob822 | November 3, 2008 5:55 PM

I don't know a soul who's not been battered,
I don't have a friend who feels at ease.
I don't know a dream that's not been shattered
Or driven to its knees.

But it's all right, it's all right,
For we've lived so well, so long.
Still, when I think of the road we're traveling on,
I wonder what's gone wrong.
I can't help it, I wonder what's gone wrong.
--Paul Simon, "American Tune" 1973

Tomorrow! Obama 08!

Posted by: toritto | November 3, 2008 5:51 PM

The only thing we gave Obama was our vote, but we live in Missouri so there. ..............


http://thefiresidepost.com/2008/11/03/redneck-gazette-obama-uses-common-sense/

Posted by: glclark4750 | November 3, 2008 5:51 PM

.


.


.


.


If there was a white Presidential candidate who was found to be a member of a racist church, same as the Rev. Wright's church except substitute "white values" for "black values" and visa vera, THE MEDIA WOULD BE IN TOTAL ATTACK MODE AGAINST THAT WHITE CANDIDATE.


OBAMA IS A RACIST - OBAMA GAVE $20,000.00 TO A RACIST CHURCH IN ONE YEAR.


YOU CALL THAT JUDGEMENT ???


Washington Post - there are a lot of Churches in Chicago which are black and which are not racist - Obama did not have to give $20,000.00 to this one Church - STOP GIVING OBAMA A PASS ON HIS RACISM AGAINST WHITES.


WAKE UP WASHINGTON POST WAKE UP MEDIA.


WAKE UP AMERICA.


.


.


Exactly right he's racist. Just listen to Irreverend Wrong, his pastor for many, many years.


Exactly right he's socialist. Just listen to him admit it to Joe the Plumber, or his interviews in the past.


Exactly right he's a rotten human being. Just look at his abortion voting record.


Exactly right he has questionable judgment. Just look at his associations with people in his past.


Exactly right he's corrupt. Just look at the Rezko land deal.


Exactly right he's a liar. Just look at what he says about taxes vs. how he's actually voted.


Exactly right he has no executive experience. Just look at his resume -- or lack thereof.


Exactly right he's secretive. Just look at his lack of birth certificate, SAT scores, grades, etc. etc., etc.


Exactly right he'll be challenged in his first 6 months of office if elected. Just look at what he says about meeting unconditionally with world leaders.


We cannot be SERIOUS about electing this guy!! Obama in charge of nukes?! What. The.


Sorry George Washington, we messed everything up.


We stopped demanding the best people in the White House.


.


.


.

Posted by: DorchesterAndCongress | November 3, 2008 5:47 PM

From now on, please also tell us how much of them are illegal contributions.

Posted by: peterdaol | November 3, 2008 5:34 PM

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