Obama on pace to raise $60 Million in February?

[Perky]

Obama: $60M in February?by Patrick Ruffini :: February 21st, 2008 5:20 pm

According to my initial projections off this crowdsourced spreadsheet(http://spreadsheets.google.com/pub?key=pGs001QCUxNLKrjUNxZ9icg) of Obama donations I set up after the Wisconsin victory, Obama has already raised at least $45 million for February and is on track to raise $60 million for the month.

A source who tracks Obama’s public donation number like a hawk tells me that Obama had tallied about 256,000 donors for the year as of the end of January. Those donors produced $36 million in receipts, for an average contribution of $140.

Obama’s public donor count stands at 583,525, meaning about 327,000 people donated in February. With the same average, that would give Obama just over $46 million in 21 days.

This is in line with the expectations game they are playing. The campaign says they will raise at least $36 million in February. You can bet that they wouldn’t say that if they hadn’t already passed the mark, plus a decent sized buffer. Their lowered expectations call for them to beat January’s total, when they will in fact blow them out.

A couple of notes.

First, I wouldn’t be surprised to see the $140 average go up this month. People give more as the stakes go up. I’m sure he is also getting some “frontrunner” money he wasn’t getting before. I wouldn’t be surprised if the total would up being $70 million.

Also, thanks to an interesting quirk in the way the Obama website publicly records donations — batch uploading donations from made from the email fundraising link at once — it’s possible to separate out donations made from email from those that organically come in on the Web site. Both e-mails I tracked seemed to generate about 36,000 contributions, or somewhere between $3.5 and $4 million. So, even without any momentum-generating primary victories (in fact, there are none left this month), all the Obama campaign would need to do is send 3 or 4 more emails to their list to reach $60 million.

Adjust your March 1 David Plouffe conference call expectations accordingly.

http://www.patrickruffini.com/2008/02/21/obama-60m-in-february/

[Zynx]

1. I think more than anything this proves corporate financing is a thing of the past if we want it to

be. They can't compete with that due to donation limits.

[Hippo_Tron]

4. Unfortunately corporations have control over our congresspeople

Presidents always amass a huge warchest for their re-election bid and so they aren't as susceptible to any particular special interest unless they want to be (like Bush).

It's congressmen that are constantly kissing corporate ass to get enough money for re-election.

[Araxen]

2. They can't milk the email thing too much

otherwise people will get old of it. They put them out at a nice pace and shouldn't change it.

[COFoothills]

3. That is stunning...

This campaign took what Howard Dean started in 2004 and expanded it and grew it to a new level.

This year marks the turning point in how presidential campaigns will be run.

Obama executed a grass-roots , 50 state strategy to perfection and the results are obvious. National political campaigning will never be the same. This is the new model and the new path to success but it only work if you have the ability to draw the boots on the ground and the grass roots level support to make it work. Obama could do that.

Clinton did it the old way. Big donors and big states. You see how that has worked out.

[Independent-Voter]

5. Yep. This election year is going to dissected for years in poly sci classes

[workinclasszero]

23. Dean is an f'in genius!

The 50 state strategy is the wave of the future!

Top down, Hillary style is deader than dead! It is the grassroots, the people rule! Boots on the ground! An old style pol like Hillary ain't got a chance.:nopity:


GOBAMA!

[GodlessBiker]

6. That is some serious coin.

[blues90]

7. If any candidate needs to raise and spend hundreds of millions

Of dollars then there is really something wrong here people . It's beyond insane , well beyond . This money is wasted and goes right in the pockets of corporate owned media for the most part .

I would rather know where all of this money ends up rather than think of it as something grand .

The sick part about it is nowhere near this amount of money is ever collected and donated to a good humanitarian cause . But if it's a popular fools game like politics as usual then there the money just flows out .

It would be different if the funds really did sometthing to put people in the government and this had a direct effect on people lifes but we end up with do nothing people .

[Perky]

8. Oh good grief.

These are ordinary americans donating in record fashion to a candidate they believe in. There is nothing wrong with that.

He obviusly is pending a lage amount of those dollars in advertising his candidace...but he is also spend lots of money building a 50-state grassroots organbization and renting large arenas that can scale to the amount of people who really like him. That takes money. Lots of money.


Ther is NOTHING WRONG WITH IT. And it is moronic to suggest otherwise.

[blues90]

13. You think it's that simple ? check out how it all works

and try spell check before tossing out the word moron .

[Perky]

19. again gimme a break

it that the only respnse you have?

[snooper2]

9. Well, I gave another $25 in that time period..

It all adds up when Lots of people give a little money !

[AtomicKitten]

10. "It's shake and bake, and I helped."

:)

[Adelante]

11. Total donor figure is 959,839 currently

http://www.barackobama.com/index.php

Amazing.

[Bullet1987]

12. Who is in charge of Obama's fundraising?

And creating the grassroots organization he has? Whoever it is is doing a damn great job!!!

[Perky]

14. Ya think?

[Coexist]

25. I think he totally plagarized Howard Dean

and I think he was smart for doing so - Dean must be bustin' at the seams!

[dkf]

32. Yeah Obama took Dean's process to new heights.

He was a "Dean Dozen"!

http://en.wikipedia.org/wiki/Dean_Dozen

Yay Howard!

[Johnny__Motown]

15. Today's outburst might raise that a bit....anyone for 62 million?

[progressive_realist]

16. Yes, but some of the money is coming from Republicans

And people in caucus states. So none of it counts.

:sarcasm:

[Forkboy]

18. You would have had me if not for the sarcasm icon.

Let that be a lesson on not using it again. :D

[AtomicKitten]

17. Barack Obama is running an excellent campaign.

Hillary? Not so much.

[Forkboy]

20. That may be in the eye of the supporter, but yes, he's run a very good campaign so far.

I know some people won't buy this for a second, but they're partisans who can't see tactics to save their lives. :)

[AtomicKitten]

21. The fact that she didn't plan past Feb 5th is pretty breathtaking.

[Forkboy]

26. And it speaks to an arrogance that I find bothersome.

Of course, I find sticky pasta to be bothersome, so take that as you like. :P

[AtomicKitten]

29. I find just plain sticky bothersome ...

[Perky]

27. I do not blame the canddiate for that nearly as much as Mark Penn

Iowas slapped them in the face n they assumed they had the connections and that Obama would finish
third....South Carolina probably stunned them silly....It made the beauty contest in FLorida meaningless in terms of using that to build momentum into SC. They brok even there, but di not have money to compete in the ten primaries.

Mark Penn totally misread the campaign from the start and should never work at the national level again.

[AtomicKitten]

31. That's what she gets for hiring a douchebag to manage her campaign.

That's a reflection on her poor organizational and management skills.

She should have fired him after this: http://www.youtube.com/watch?v=TtQxyaweiYQ

[Forkboy]

33. Penn is shit, lest anyone try to kid themselves.

I'm more glad to see him fail than Hillary. But she chose to make her bed with him, now she has to lie in it.

[Skip Intro]

22. Do I hear 100 million???!!! C'mon - change, change, whatever you got....

change you can believe in!

that's what I'm talkin' 'bout....

dig deep...

oh yeah, dig deep for HOPE!

And Change!

yeah.

c'mon now, caugh it up...

:eyes:

[yourguide]

24. Bitter much?

You are just upset that people are SO passionate about this candidate they WANT to give money.

I give money every time HRC goes negative on him, so it's totaling into a tidy sum.

Your candidate had suites at the bellagio and didnt plan financially to even meet Super Tuesday, which is why she had to loan herself money.

[bridgit]

28. Is this an update? A thread earlier stated 50mil by that time...

If we wait a bit longer at that rate, say 12-18hrs or so, it should be up over a brazillion :bounce:

[NDambi]

30. Gave my $250 this month...