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Politics Obama campaign clocks in $82 Million for 2011
- Posted on January 31, 2012 at 5:55pm by
Christopher Santarelli
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As potential opponents have spent the better part of the last year at each other’s throats, the Obama campaign has been quietly building up their war chest. POLITICO reports that the President’s reelection campaign raised $40 million in the last three months of 2011, ending the year with $82 million in the bank and $3 million in debt. A separate joint fundraising committee supporting Obama’s reelection and the Democratic National Committee, reported raising $24 million in the fourth quarter, spending $23 million and finishing the year with less than $1 million on hand.
The Obama campaign also released a list of 450 major bundlers who combined to collect at least $74.4 million for his campaign and the DNC. Some on the list of big money bundlers live up to the stereotype from Obama’s critics of who most supports the President; entertainment elites living in Hollywood and New York.
Top fundraisers include movie producer Harvey Weinstein, DreamWorks CEO Jeffrey Katzenberg, Eva Longoria, gay power couple James Costas of HBO and former White House interior decorator Michael Smith, and Vogue editor-in-chief Anna Wintour. Wintour is the inspiration for Meryl Streep’s character in The Devil Wears Prada.
Shamed investor and former New Jersey Governor Jon Corzine was also on the list individuals having raised over $500,000 for the Obama campaign. AP notes that list includes two fundraisers linked to Solyndra LLC, the California solar company that received a $528 million federal loan and then later declared bankruptcy, prompting a federal investigation. Steve Spinner, an Energy Department adviser, raised at least $500,000 and Steve Westly, a venture capitalist who was an unpaid adviser to the department, raised between $200,000 and $500,000.
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Smokey_Bojangles
Posted on February 6, 2012 at 3:47pmGuess we know where all that lost money is going.Still Short of that $528 million.Not to mention the $1.2 billion that Corzine “Lost.” Maybe he left it in his other pants and it got laundered?
Report Post »Anamah
Posted on February 6, 2012 at 4:06pmI’m anxious waiting the moment all this dirtiness is washed & disinfected.
Report Post »TemayElbor
Posted on February 5, 2012 at 3:38amIt seems that the wealthy supporters of Obama are the ones he used to“gave favor to” and now Obama is collecting from those favors.;;;Corzine, etc.
These people seem to believe that they can count on Obama to give them “favors” once again once re-elected. It makes me wonder, what promises he made to them.
Report Post »One Man Progressive Wrecking Crew
Posted on February 1, 2012 at 1:25amWhy would anyone worth a shiite with a record to stand on worth a shiite need a billion dollars to run for president? This should be the focus of the campaign, wasted billions on ads that lie up the azzz and spread BS propaganda that would make Lenin, Marx and Goebbels blush? And how much of that money went from the US treasury to companies like Solyndra who then turned around and got billions from the treasury from Obama and then send campaign contributions using THAT VERY DOUGH to do it?
I’d bet literally hundred of millions. This man is the largest criminal on planet earth since Bin Laden was killed NOT BY BARRY OBAMADINEJAD BUT SEAL TEAM 6
Report Post »freedomofspeech
Posted on February 1, 2012 at 1:04amjust wondering how much filtered tax money going to Obama’s coffers? with names like Corzine and Solyndra LLC, energy department adviser, Steve Westly. It’s good to know what celebs are supporting this administration too for future purchases on entertainment.
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