Clinton donors poised to back Obama

[brooklynite]

Source: Financial Times

A leading fundraiser for ­Hillary Clinton says her supporters will rush to back Barack Obama once he finally wins the Democratic presidential nomination and he could raise as much as $500m to spend on the election campaign.

Mr Obama has raised about $240m to date, thanks in part to an internet campaign that has attracted individual donations from more than 1.5m people.

But Noah Mamet, a Democratic party consultant and fundraiser who has organised high-profile events in Los Angeles for Mrs Clinton, told the Financial Times that Mr Obama’s finances would be boosted by Mrs Clinton’s backers, when he wins the nomination.

“Almost all donors will support Obama,” he said, adding that Mr Obama’s online campaign had yet to realise its full potential. “Eighty per cent of people who have given money to the Obama campaign haven’t come close to giving him the maximum amount.”

Read more: http://www.ft.com/cms/s/0/ac9b968c-30d0-11dd-bc93-000077b07658,dwp_uuid=729ab242-9cb1-11db-8ec6-0000779e2340.html

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I maxed out to the Clinton campaign in November; I maxed out to the Obama campaign on Friday.

[DesertFlower]

1. i've only given to obama's campaign.

i did not max out. i knew he would need my help during the GE.

[LakeSamish706]

6. Yep, me as well and once I know that he is finally the Presidential nominee...

I will get more serious in my donations....

[DesertFlower]

7. same here. we have to defeat McCain. nt

[Saturday]

2. "rush to back Obama"? "Almost all donors"?

Interesting choice of words. I would definitely call this spin.

[tridim]

3. I would call this great news. nt

[Tarheel_Dem]

4. Well I guess it's lucky for Obama that you have little or no influence outside DU

The big money people don't want to be on the outside looking in, should Obama win this without them. I just hope he's a lot more careful about who he accepts monies from, than Sen. Clinton was.

[ProgressiveEconomist]

9. "Big money people don't want to be on the outside looking in" Great insight--

If you are correct, then perhaps deep pockets will outdo themselves th make sure that in the end they will have given much MORE to Obama than they gave to Hillary.

Many of them can well afford to be on the winning side when the dust settles, even if that means doubling or tripling their initial ante-ups.

[LaurenG]

5. I'm sure there are "bitter" supporters who hate the thought of that. I think it's wonderful nt

[Ian David]

8. That's $500 million, minus whatever campaign debt Hillary can run-up before then. n/t

[TheMadMonk]

10. Everyone: This is also where "THEY" have their chance to sink...

...their hooks in.

Obama needs to be very careful.