Fewer political fundraisers are reaching for their pocketbooks

[Fearless]

Reporting from Washington—

The vast majority of big-money bundlers who power political fundraising are sitting out the 2012 presidential contest so far...

Many contacted by The Times said they still planned to get involved, noting it was still early — particularly because the president does not have a Democratic primary challenger. But several also said that the economic malaise, the absence of a clear Republican opponent and some disenchantment with the administration's policies have made fundraising more difficult than during Obama's passion-filled 2008 bid...

Among the nearly 1,000 "Pioneers" and "Rangers" who raised substantial sums of money for George W. Bush's two campaigns, fewer than 150 have given to the presidential hopefuls this year. Of the roughly 530 who helped Sen. John McCain's presidential bid in 2008, about 130 have made contributions this year.


http://www.latimes.com/news/nationworld/nation/la-na-fundraising-2012-20110729,0,7824036.story

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I for one am glad. We're talking big money donors, not the average Joe.

[patrice]

1. They are over a barrel. So this one is OURS, I hope. nt

[DJ13]

2. I bet a lot of them plan on direct ads instead of contributing to candidates