Thursday, January 12, 2012

Obama and DNC Raise $68 million in 4th Quarter

The newest fundraising reports are in, and President Obama and the Democratic National Committee raised a combined $68 million dollars in the last quarter of 2011.

Obama campaign manager Jim Messina said Thursday in a video to supporters that the campaign collected more than $42 million for the quarter, with the DNC bringing in more than $24 million, along with $1 million for a joint fund to help state parties in key states.

Breaking it down, that's 1.3 million individual donors last year, with 583,000 in the last quarter. More than 98 percent were for donations of $250 or less and the average donation was $55. That puts the president in good position heading into the election, but more is going to be needed. Mitt Romney raised a total of $56 million for the primary last year. If you don't think that's important, read this:
Romney has been a formidable fundraiser and most party leaders expect a large amount of money to flow into his campaign if he sews up the nomination. Republican-leaning Super PACs have also fared better than Democratic-backed outside groups, further offsetting the president's fundraising.
While we may all decry the corporate money being funneled into the campaigns because of the Citizens United loophole, we have to acknowledge that for at least this campaign season, it's a major factor.

In other news, Republicans in Congress are "outraged" by President Obama's use of a recess appointments, particularly of Richard Cordray to the Consumer Financial Protection Bureau. That's because they're claiming they're technically not on recess. Which is why they're planning on introducing a resolution criticizing the move.
Rep. Diane Black (Tenn.) and 71 other House Republicans introduced a nonbinding resolution today voicing concern over President Barack Obama’s recess appointment of four administration nominees last week.
“It’s astounding to me that the president is claiming these are recess appointments and within his authority, when Congress was not in fact in recess,” Black said. “These appointments are an affront to the Constitution. No matter how you look at this, it doesn’t pass the smell test. I hope the House considers my resolution as soon as we return to Washington so we can send a message to President Obama.” [emphasis added]
Jonathan Bernstein calls it "the best self-refuting argument ever." In other words, they're going to decry the president's use of recess appointments, because they weren't in recess, and they'll vote on it the minute they get back from recess.

This is why we, as Democrats, need to get involved. It's not just returning the President to the White House. It's returning Congress to Democratic control, so we don't have to put up with obstructive nonsense like this any longer.

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