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Obama CRANKS UP The 2012 Money Machine: Donors Asked To GIVE $61,600 ANNUALLY TO DNC

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Segami Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-04-11 02:24 PM
Original message
Obama CRANKS UP The 2012 Money Machine: Donors Asked To GIVE $61,600 ANNUALLY TO DNC
Edited on Fri Mar-04-11 02:25 PM by Segami
:smoke:


" Some of Barack Obama’s top operatives have embarked on a cross-country “listening tour,” pumping top donors for big 2012 donations, Politico reports. They’re asking donors who maxed out on donations to Obama and Hillary Clinton in 2008 to join a new “National Finance Council,” for the low-low price of a $61,600 donation per couple per year to the Democratic National Committee.:rofl:


Asking for so much money so early has annoyed the Democrats’ congressional committees, who fear being left with scraps,...:cry: ....since individuals can only donate $71,000 to committees and campaigns. “It’s just like them to think about themselves first,” said one congressional fundraiser. But lobbyist and fundraiser Tony Podesta disagrees. “It’s not a big deal, and in line with what everyone would expect,” he says. Besides Obama donors can recruit “their older children” to donate to the congressional cause, “or maybe their former spouses.”


http://www.newser.com/story/113378/obama-cranks-up-the-2012-money-machine.html




from Politico:



One of their pitches: an offer to join a new “National Finance Council,” which would entail a contribution to the Democratic National Committee of up to $61,600 per couple, per year. That money could be used to fund support operations for Obama’s reelection effort, in addition to smaller donations they would be expected to make directly to Obama’s as-yet-unincorporated Chicago-based campaign, according to donors.


The decision to ask for the DNC’s $61,600 up front, while hardly unprecedented, has taken some Democratic fundraisers by surprise. In part, that’s because it comes so early in the cycle — before any clear GOP frontrunner has emerged. But that kind of commitment from wealthy donors could crowd out the party’s cash-hungry congressional committees, which are desperately competing for 2012 contributions, often from the same source.

Under current federal campaign finance limits, individuals can contribute a total of about $71,000 to committees, campaigns and PACs — leaving donors with $10,000 or less in post-Obama discretionary income.

“It’s just like them to think about themselves first,” said one Democratic congressional fundraiser, referring to the Obama campaign team.



http://www.politico.com/news/stories/0311/50643.html


.:smoke:
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polichick Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-04-11 02:24 PM
Response to Original message
1. Get your checkbooks out!
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Segami Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-04-11 02:26 PM
Response to Reply #1
3. Checkbooks? I believe its ' direct syphon withdraw ' only.
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polichick Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-04-11 02:27 PM
Response to Reply #3
5. Yikes!
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Boswell Donating Member (257 posts) Send PM | Profile | Ignore Fri Mar-04-11 03:08 PM
Response to Reply #1
26. you would rather the reptunglicant's win?
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polichick Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-04-11 03:10 PM
Response to Reply #26
28. You mean Republican Republicans instead of Democratic Republicans?
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Segami Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-04-11 03:34 PM
Response to Reply #28
38. LOL!
:thumbsup:
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DainBramaged Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-04-11 02:25 PM
Response to Original message
2. It's money that they love.......
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SidDithers Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-04-11 02:27 PM
Response to Original message
4. OMG!! Politicians asking for donations!!...
Shocked. Shocked I am.

Sid
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polichick Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-04-11 02:28 PM
Response to Reply #4
6. Wonder why they don't fight for public financing instead??
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Segami Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-04-11 02:29 PM
Response to Reply #6
7. With the same vigor & passion. n/t
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Lucky 13 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-04-11 02:29 PM
Response to Original message
8. Remember how during the campaign, they touted how many under $100 donors they had?
And remember how many of the really big donors were people like Matt Damon, Ashton Kutcher, George Clooney, etc.?

They'll need an entirely new strategy this round... and this is just step 1.
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BlueIris Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-04-11 02:34 PM
Response to Reply #8
12. Know what's weird? I never met a single campaign donor in the flesh.
And yes, all of my friends and family were Obama devotees. All had donated to multiple campaigns in '04 and most still had disposable income to spend on '08. I've always wondered about that. Where were the modest donors? I didn't manage to meet even one.
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Lucky 13 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-04-11 02:37 PM
Response to Reply #12
18. I knew plenty, of course, I was in The People's Republic of Vermont.
I was broker than broke at the time... and even i managed to scrape together over $100 over the course of the election cycle. It was that important to me... at the time.
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Erose999 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-04-11 03:15 PM
Response to Reply #8
31. Well they have one less "under $100 donor" this time around. I'm going to spend my $100 on

hookers and blow with my homie Charlie Sheen.
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Renew Deal Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-04-11 02:29 PM
Response to Original message
9. If Obama succeeds, congresspeople succeed.
It's just like the committees to think about themselves first. :D
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BlueIris Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-04-11 02:32 PM
Response to Original message
10. Good luck with that, Sir.
Insane.
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Segami Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-04-11 02:37 PM
Response to Reply #10
16. Maybe he should give the UNIONS a buzz just to see if they are interested in
chipping into the pot considering his wavering support of unions lately.
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Lucky 13 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-04-11 02:40 PM
Response to Reply #16
19. I honestly think that they don't even plan on hitting up the little guys this go'round
...because they know that WE know they have spent the past 2 years shitting on us.

The unions know what's up.. and this go round I think they will be all about local elections. Fuck the presidency. We're damned if we do and damned if we don't on that one.
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Segami Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-04-11 02:51 PM
Response to Reply #19
20. it would seem that way. It will be interesting to see what ' cohesive issue ' they will pull
out of their magician's bag of tricks in order to quell Democratic supporters back into submission.
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Lucky 13 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-04-11 02:57 PM
Response to Reply #20
23. There is none. At least not for me.
I submit to no one. You either support DEMOCRATIC principles or you don't. I don't give a fuck what letter you have behind your name.

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Segami Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-04-11 03:32 PM
Response to Reply #23
37. Right on!
:thumbsup:
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AnneD Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-05-11 09:27 AM
Response to Reply #19
44. Locally....
We have 3 school board members up for re election. Considering Obama's appointment of Arne Duncan and then fact he will have to have his lips surgically removed from Jeb Bush's ass (or any other Bush family member- or member ), it is in MY self interest to focus on the local. Howard Dean was right.

They keep sending me requests for donations and I keep sending them back with tersely worded letters. You think they would read them and stop wasting their money and my time.

I have come to an important decision. Unless I see a real DEM, I will be voting for Ron Paul. He is just the turd for that Washington punch bowl. His request to audit the Fed must keep Bernanke and Geitner up late at night washing the crap out of their under ware . We need to prosecute the real criminal and those responsible for this economic mess-not blame teachers, firefighters, and those that were swindled out of their homes.
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tularetom Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-04-11 02:33 PM
Response to Original message
11. Something is seriously fucked up when the DEMOCRATS are telling their donors
That $61,000 a year is not a big deal.
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Horse with no Name Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-04-11 02:53 PM
Response to Reply #11
22. In other words
We gave you the fucking tax breaks--now give it back to us!
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sufrommich Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-04-11 02:35 PM
Response to Original message
13. Should we be hoping the republicans out spend us? nt
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Poboy Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-04-11 02:36 PM
Response to Original message
14. I got a mass mailed/faux personalized financial appeal last month.
STRAIGHT INTO THE TRASH!
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Autumn Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-04-11 02:36 PM
Response to Original message
15. Sorry I'm all tapped out. Might want to ask Wall Street
or the wealthy. I'm sure they would be delighted to help you. I believe they are doing quite well now.
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Romulox Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-04-11 02:37 PM
Response to Original message
17. Guys, it's worth it since it helps Obama keep his promise to shut lobbyist out of his cabinet
Oh, right...

:puke:
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Horse with no Name Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-04-11 02:52 PM
Response to Original message
21. not.one-red.cent
I will directly support ONLY the candidates who adhere to the traditional Democratic platform.
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Tierra_y_Libertad Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-04-11 03:00 PM
Response to Original message
24. Donations? Or, payoffs?
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spanone Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-04-11 03:02 PM
Response to Original message
25. fortunately or unfortunately, that's how our political system works
if Obama didn't raise the money, democrats wouldn't win.
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polichick Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-04-11 03:16 PM
Response to Reply #25
32. Only because bought politicians refuse to support public financing...
Neither party wants the money to stop flowing - just as neither party wants uniform verifiable voting.

"Free and fair elections" is just something to spout off about in reference to other countries.
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AnneD Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-05-11 09:35 AM
Response to Reply #25
47. He raised a lot of money for his presidential campaing....
And the Democrats in this country STILL didn't win. I don't need to be kissed to know when I've been screwed.
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Lorien Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-04-11 03:10 PM
Response to Original message
27. Why, so they can give more tax cuts and bail outs to Wall Street and stick US with the bill?
They obviously only care about those "constituents" for who that much money is pocket change.
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JoePhilly Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-04-11 03:11 PM
Response to Original message
29. Obama should fight Citizen's United money with both hands tied behind his back, I guess?
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Erose999 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-04-11 03:17 PM
Response to Reply #29
34. He should fight Citizens United money with Citizens United money. Let his cronies at Goldman Sachs

and AIG foot the bill for his re-election. He's working for them any way.
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JoePhilly Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-04-11 04:36 PM
Response to Reply #34
42. Yea, that's what it is.
Probably why Obama appointed Supreme Court Justices who would be against the CU decision.

Oh, right ... Obama hates America.

Yawn.
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readmoreoften Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-04-11 03:12 PM
Response to Original message
30. And he'll get it too. Lots of big money corporate buddies cultivated in the past 2 years.
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VoteProgressive Donating Member (664 posts) Send PM | Profile | Ignore Fri Mar-04-11 03:17 PM
Response to Original message
33. Wow, that is a lot of money!
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AnneD Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-04-11 03:18 PM
Response to Original message
35. I am so mad...
I worked OT just to give money to the last campaign (I am a Nurse so you know I worked my ass off). I then block walked and phone banked.

I got fooled once-I won't get fooled again.
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leveymg Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-04-11 03:19 PM
Response to Original message
36. They'll need lots more money, because they won't have so many volunteers. Not half.
That's what happens when you triangulate, close the door and spare no insult to the progressive Party base.

F-ck 'em.
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hobbit709 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-04-11 03:35 PM
Response to Original message
39. My gross income was $12K last year
you just know how much they'll listen to me.
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Segami Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-04-11 03:38 PM
Response to Reply #39
40. If you donate the whole $12K you earned last year, you might qualify for a robo-call from Hillary.
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DefenseLawyer Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-04-11 03:43 PM
Response to Original message
41. National Finance Council? Fuck! I was hoping they would call us Super Rangers!
What a rip-off.
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Catherina Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-04-11 07:39 PM
Response to Original message
43. I shudder to think what they'll get in return for their donation this time. n/t
Edited on Fri Mar-04-11 07:45 PM by Catherina
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BlueIris Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-05-11 09:29 AM
Response to Original message
45. I still find this hysterical.
Good luck with this, Mr. President.
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ReggieVeggie Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-05-11 09:29 AM
Response to Original message
46. $61,600? I don't think any of them are protesting in Wisconsin
most of the people the Democratic party should be helping could never give 60 grand to the DNC in a year
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Ichingcarpenter Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-05-11 09:38 AM
Response to Original message
48. He was afraid of the $64,000 question vs $61,600
which asked his supporters
WHY?

That's why it was $2,400 short.
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JustABozoOnThisBus Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-05-11 09:42 AM
Response to Original message
49. Hospitals, Insurance Companies, Big Oil
all will line up to line those DLC pockets (or whatever they call themselves these days)

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