Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Small Online Contributions Add Up to Huge Fund-Raising Edge for Obama

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Archives » General Discussion: Presidential (Through Nov 2009) Donate to DU
 
Scurrilous Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-21-08 09:16 AM
Original message
Small Online Contributions Add Up to Huge Fund-Raising Edge for Obama
<snip>

"A cluster of cramped cubicles, tucked away in a rear corner of Senator Barack Obama’s campaign headquarters here, serves as the heart of a fund-raising machine that has reshaped the calculus of the 2008 election.

Mr. Obama’s finance director, Julianna Smoot, who has helped him raise more than $150 million so far, does not even have her own office. A Ping-Pong table is the gathering spot for Friday lunches for her team.

The setting, which has the feel of an Internet start-up, is emblematic of how Mr. Obama, of Illinois, has been able to raise so much money. On Wednesday, the Obama campaign will report to the Federal Election Commission that it collected $36 million in January — $4 million more than campaign officials had previously estimated — an unprecedented feat for a single month in American politics that was powered overwhelmingly by small online donations. That dwarfed the $13.5 million in January that Senator Hillary Rodham Clinton of New York is expected to report Wednesday and the $12 million Senator John McCain’s campaign said he brought in for the month."

<snip>

"The details of Mr. Obama’s January fund-raising illustrate just how much his campaign has been able to chart a new path for the presidential race. He brought in $28 million online, with 90 percent of those transactions coming from people who donated $100 or less, and 40 percent from donors who gave $25 or less, suggesting that these contributors could be tapped for more. (Donors are limited to giving $2,300 per candidate during the primary season.) More than 200,000 of the campaign’s nearly 300,000 donors in January were first-time givers to Mr. Obama.

The campaign’s success over the Internet has freed Mr. Obama from having to take valuable time off the trail for fund-raising events for major donors — just $4 million in January came from traditional fund-raisers."

more
Printer Friendly | Permalink |  | Top

Home » Discuss » Archives » General Discussion: Presidential (Through Nov 2009) Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC