To date, Senator Obama has raised more than $200 million in donations most smaller than $200 - unprecedented. Here's Senator Obama's message:
Showing posts with label campaign finance. Show all posts
Showing posts with label campaign finance. Show all posts
Thursday, June 19, 2008
Barack Obama Refused Public Financing For General Election
This is one of the news items of the day. Senator Barack Obama has annouced today that he is not going to use taxpayer money to finance his campaign for President of the United States.
To date, Senator Obama has raised more than $200 million in donations most smaller than $200 - unprecedented. Here's Senator Obama's message:
To date, Senator Obama has raised more than $200 million in donations most smaller than $200 - unprecedented. Here's Senator Obama's message:
Friday, May 09, 2008
Obama Camp: Problematic if or how to help w/ Hillary's debt
Will Obama pay Hillary's debt?
Many of Obama's grassroots and netroots backers appear to be somewhere between concerned and irate at the thought that the Obama for America campaign might step in to lend a hand to get Clinton out of a financial hole -- and out of the race...And further outraged that skunk Mark Penn would be standing in line with his hand out, as Clinton reportedly owes Penn a very large sum.From the FEC:
According to an associate of mine who decided to call the FEC for the straight scoop asked their opinion of the situation. Here are the relevant facts, quote from the email I got earlier today:
"I just called the FEC to get some clarification. (Nothing like going to the source.)Now I'll be the first to admit it's not carved in stone since it was a verbal exchange, but it seems to suggest there are some real limits to just how magnanimous Obama can be financially regardless of his willingness to make gestures in the pursuit of party unity.If Obama wants to help Hillary with her debts, he has to do it with a separate funding program."
- Obama can only donate $2300 to Hillary's campaign. [Ed: Michelle Obama could, also, bringing the total to $4600 obviously]
- He can donate money to the Democratic National Committee (DNC), and they can donate money; that is limited to $5000.
- The DNC can pay for a variety of things, such as commercials, out of hand expenses, but that is limited to the general election.
Monday, October 22, 2007
Hillary Clinton and Rudy Giuliani Spend Donor Money On Five-Star Hotels - Yahoo!
Senator Clinton and Former Mayor Rudy Giuliani should be very careful how they spend their money. Take a look at this Yahoo! report.
WASHINGTON (AFP) - Doughnut eateries, stationery chains and purveyors of private jets are cashing in as White House campaigns open their warchests leading into the make-or-break weeks of primary voting.
ADVERTISEMENT
Financial data released by the candidates shows they have raised collectively a staggering 420 million dollars this year, led by Democratic frontrunner Hillary Clinton, who has taken in just under 91 million.
Voluminous reports filed with the Federal Election Commission for the third quarter of 2007 also provide a snapshot of how, for the poorer second tier of candidates, it is a tale of two campaigns.
Clinton and her chief Republican rival Rudolph Guiliani spent a fortune on five-star hotels, spa retreats and chartered jets as they pursued their presidential quests in style.
But Texas Representative Ron Paul from the libertarian wing of the Republican Party (campaign issues: scrap income tax, the Federal Reserve and gun control) saves his pennies at motel chains.
"You know, we don't travel around with a retinue of media in a private jet," said Mike Gravel, a rank outsider for the Democratic nomination who has raised just 239,000 dollars overall.
"And, of course, I pay a price for that, because they don't cover me on a continuous basis like they do the other candidates, but that's the nature of the beast," the former Alaska senator told PBS television.
Through the services of a company called Flight Options, Republican John McCain had planned to head to electioneering stops by private jet.
But as he burned through cash, the Arizona senator took more commercial flights and recouped more than 420,000 dollars from canceling charters with Flight Options.
Humble aides for all the candidates were to be found in the cheap eats that dot the United States, such as the IHOP pancake chain, McDonald's and Dunkin' Donuts.
Nothing was too small to be itemized: someone in Team Clinton spent 24.07 dollars at a Krispy Kreme branch in South Carolina on September 29. Paul listed all his gasoline receipts from refueling stops on lonely highways.
Fedex did a roaring trade from printing and delivering campaign materials, Staples was the favored supplier of the stationery, and American Express was raking it in from charges on the candidates' hefty credit card bills.
With this campaign on course to top the billion dollar mark by the time the next president is elected next November, some of the contenders are spending freely to raise their exposure before the first primaries.
Among the Republicans, former Massachusetts governor Mitt Romney spent over 21 million dollars from July to September -- over double the amount he raised. But then Romney is a multi-millionaire who can afford to dip into the red.
Much of the cash from the man bidding to be America's first Mormon president went on a television advertising blitz in New Hampshire and Iowa, which will hold their first nominating contests in less than three months.
"Because the calendar is not yet fixed the strategies are in constant flux," said Costas Panagopoulos, a politics professor at Fordham University who specializes in elections research.
"At the end of the day all candidates will spend heavily on TV but other media are on their plates as well," he said, noting that radio and the Internet are playing a bigger role than ever in grassroots campaigning.
Clinton's main Democratic rivals, Barack Obama and John Edwards, are banking on early advances in this packed election cycle as a springboard to the party's nomination.
Both contenders have lavished millions on building up campaign operations across the flatlands of Iowa, and are more active on the airwaves than the former First Lady, who does not lack for name recognition.
Obama is not too far behind Clinton in the cash stakes, and the Democrats' fundraising take as a whole has dwarfed the Republican effort.
But Giuliani -- who spent about 13 million dollars in the third quarter -- is campaigning harder in more populous states such as Florida, New Jersey and Illinois that will vote later.
For some Giuliani backers, the style in which the former New York mayor travels is no problem.
"I don't give a damn whether he's staying at Motel 6 or Ritz Carlton," one unidentified donor to Giuliani told the Washington Post. "What I care about is where he is in the polls."
WASHINGTON (AFP) - Doughnut eateries, stationery chains and purveyors of private jets are cashing in as White House campaigns open their warchests leading into the make-or-break weeks of primary voting.
ADVERTISEMENT
Financial data released by the candidates shows they have raised collectively a staggering 420 million dollars this year, led by Democratic frontrunner Hillary Clinton, who has taken in just under 91 million.
Voluminous reports filed with the Federal Election Commission for the third quarter of 2007 also provide a snapshot of how, for the poorer second tier of candidates, it is a tale of two campaigns.
Clinton and her chief Republican rival Rudolph Guiliani spent a fortune on five-star hotels, spa retreats and chartered jets as they pursued their presidential quests in style.
But Texas Representative Ron Paul from the libertarian wing of the Republican Party (campaign issues: scrap income tax, the Federal Reserve and gun control) saves his pennies at motel chains.
"You know, we don't travel around with a retinue of media in a private jet," said Mike Gravel, a rank outsider for the Democratic nomination who has raised just 239,000 dollars overall.
"And, of course, I pay a price for that, because they don't cover me on a continuous basis like they do the other candidates, but that's the nature of the beast," the former Alaska senator told PBS television.
Through the services of a company called Flight Options, Republican John McCain had planned to head to electioneering stops by private jet.
But as he burned through cash, the Arizona senator took more commercial flights and recouped more than 420,000 dollars from canceling charters with Flight Options.
Humble aides for all the candidates were to be found in the cheap eats that dot the United States, such as the IHOP pancake chain, McDonald's and Dunkin' Donuts.
Nothing was too small to be itemized: someone in Team Clinton spent 24.07 dollars at a Krispy Kreme branch in South Carolina on September 29. Paul listed all his gasoline receipts from refueling stops on lonely highways.
Fedex did a roaring trade from printing and delivering campaign materials, Staples was the favored supplier of the stationery, and American Express was raking it in from charges on the candidates' hefty credit card bills.
With this campaign on course to top the billion dollar mark by the time the next president is elected next November, some of the contenders are spending freely to raise their exposure before the first primaries.
Among the Republicans, former Massachusetts governor Mitt Romney spent over 21 million dollars from July to September -- over double the amount he raised. But then Romney is a multi-millionaire who can afford to dip into the red.
Much of the cash from the man bidding to be America's first Mormon president went on a television advertising blitz in New Hampshire and Iowa, which will hold their first nominating contests in less than three months.
"Because the calendar is not yet fixed the strategies are in constant flux," said Costas Panagopoulos, a politics professor at Fordham University who specializes in elections research.
"At the end of the day all candidates will spend heavily on TV but other media are on their plates as well," he said, noting that radio and the Internet are playing a bigger role than ever in grassroots campaigning.
Clinton's main Democratic rivals, Barack Obama and John Edwards, are banking on early advances in this packed election cycle as a springboard to the party's nomination.
Both contenders have lavished millions on building up campaign operations across the flatlands of Iowa, and are more active on the airwaves than the former First Lady, who does not lack for name recognition.
Obama is not too far behind Clinton in the cash stakes, and the Democrats' fundraising take as a whole has dwarfed the Republican effort.
But Giuliani -- who spent about 13 million dollars in the third quarter -- is campaigning harder in more populous states such as Florida, New Jersey and Illinois that will vote later.
For some Giuliani backers, the style in which the former New York mayor travels is no problem.
"I don't give a damn whether he's staying at Motel 6 or Ritz Carlton," one unidentified donor to Giuliani told the Washington Post. "What I care about is where he is in the polls."
Subscribe to:
Posts (Atom)