Free Markets, Free People

fundraising


Obama fundraising down?

Drudge sent out an alert highlighting this story buried deep in a NY Times piece about a “more sociable Obama”.  It talks about the fund raising effort for the Obama campaign in this quarter:

Mr. Obama had planned a West Coast swing during the summer, campaign officials said, but it was scrapped because of the talks to raise the federal debt ceiling. Several other fund-raising trips were also canceled in the 60 days that the president was hunkered down in Washington.

That has left the campaign behind where it wanted to be in fund-raising. The campaign manager, Jim Messina, told Democratic Party officials recently that the campaign expected to raise $55 million in the third quarter, compared with $86 million in the previous quarter.

The excuse offered, of course, is that Obama was in DC doing his job and thus couldn’t be fund raising.  But wasn’t his strength the last time the $5 and $10 dollar online effort?  What’s up with that?

They were once among President Obama’s most loyal supporters and a potent symbol of his political brand: voters of moderate means who dug deep for the candidate and his message of hope and change, sending him $10 or $25 or $50 every few weeks or months.

But in recent months, the frustration and disillusionment that have dragged down Mr. Obama’s approval ratings have crept into the ranks of his vaunted small-donor army, underscoring the challenges he faces as he seeks to rekindle grass-roots enthusiasm for his re-election bid.

In interviews with dozens of low-dollar contributors in the past two weeks, some said they were unhappy with what they viewed as Mr. Obama’s overly conciliatory approach to Congressional Republicans. Others cited what they saw as a lack of passion in the president, or said the sour economy had drained both their enthusiasm and their pocketbooks.

For still others, high hopes that Mr. Obama would deliver a new kind of politics in his first term have been dashed by the emergence of something that, to them, more resembles politics as usual.

Oh.

Don’t you just hate it when the little people look behind the curtain?

Keith Koffler has a theory:

This helps explain the vitriol Obama has been dumping out on the campaign trail. He needs to get people motivated to send him their money, and if he can get the hating thing going – hate Republicans, hate the rich, hate EVERYONE – maybe they’ll part with some cash.

The old class warfare gambit.  Wow … how original.

In recent weeks we’ve seen stories about how blacks were less enthusiastic about him, Hollywood was giving him the cold shoulder and his numbers across the board were in free fall.   The drop in fundraising is the unsurprising “other shoe” in that sort of a scenario.

~McQ

Twitter: @McQandO