The Obama campaign “Obama’s Billion-Dollar Campaign? ‘That’s Bullsh**’ We don’t take PAC money” Lie

December 29, 2011

Devin DwyerBy Devin Dwyer
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Dec 29, 2011 11:50am

Obama’s Billion-Dollar Campaign? ‘That’s Bullsh**’

In an end-of-year fundraising video, Obama campaign manager Jim Messina appeals for grassroots cash, describing as  ”bullsh**” the speculation that theirs is a billion-dollar campaign.

“People have speculated that this is a billion-dollar campaign. That’s bullsh**,” he says. “We don’t take PAC money, unlike our opponents. We fund this campaign in contributions of $3 or $5 or whatever you can do to help us expand the map, to put more people on the ground, to build a real grassroots campaign that is going to be the difference between winning and losing.”

Watch the video HERE.

The Obama campaign has never explicitly thrown out the billion-dollar figure and aides have pushed back hard on media reports that they anticipate raising that much during the campaign.

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Obama Needs One Billion Dollars For 2012 Campaign

Democratic Super PAC raises individual, union, corporate and Super PAC contributions 

By Bill AllisonJun 23, 2011 6:05 p.m.

  1. The House Majority PAC, one of the two Democratic Super PACs currently seeking permission from the Federal Election Commission to have federal candidates and party officials solicit funds for them, has disclosed its first batch of donors in the 2012 election cycle. Among the big givers are stalwart Democratic donors, including unions like the American Federation of State, County and Municipal Employees ($200,000) and the Communications Workers of America ($50,000), individuals like Fred Eychaner ($100,000) and George Soros ($75,000), trial law firm Kazan McClain Lyons Greenwood & Harley ($10,000), tech company Integrated Archive Systems ($25,000) and America’s Families First Action Fund ($50,000), which is itself a Super PAC.Read all about it

Law firm Perkins Coie represents both groups; Robert Bauer, an attorney at the firm and former White House Chief Counsel, represents the Democratic National Committee and President Barack Obama’s reelection campaign.

Obama returns to Chicago Jan. 11 for fund-raisers

By Lynn Sweet on December 29, 2011 12:00 PM | No Comments

WASHINGTON–President Barack Obama returns home to Chicago on Jan. 11 for high end fund-raisers to bankroll his re-election drive, as he jumps back on the traveling fund-raising circuit after taking a break for a few weeks over the holidays. This will mark Obama’s tenth visit back to Chicago since becoming president.

Obama will be hosted at the North Side home of media mogul Fred Eychaner, who is also one of the biggest donors to third-party Democratic “SuperPacs,” playing a role in the 2012 campaign.



Big Government

From the New York Times:

Despite a pledge not to take money from lobbyists, President Obama has relied on prominent supporters who are active in the lobbying industry to raise millions of dollars for his re-election bid.At least 15 of Mr. Obama’s “bundlers” — supporters who contribute their own money to his campaign and solicit it from others — are involved in lobbying for Washington consulting shops or private companies. They have raised more than $5 million so far for the campaign.

Because the bundlers are not registered as lobbyists with the Senate, the Obama campaign has managed to avoid running afoul of its self-imposed ban on taking money from lobbyists.

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One Response to “The Obama campaign “Obama’s Billion-Dollar Campaign? ‘That’s Bullsh**’ We don’t take PAC money” Lie”

  1. As for Mr. Obama’s popularity with Wall Street donors, contrary to his Occupy Wall Street rhetoric, the president has received more campaign contributions from Wall Street than all Republican candidates combined.

    MSNBC host Joe Scarborough says Team Obama’s rhetoric versus their fundraising reality is nothing less than audacious.

    Obama seems capable of effortlessly floating between
    demonizing Wall Street gambling one day and profiting from it the next.The audacity is breathtaking.

    The president has raised more money from Wall Street through the Democratic National Committee and his campaign account than any politician in American history. This year alone, he has raked in more cash from bank employees, hedge fund managers and financial services companies than all Republican candidates combined.

    Even poor Mitt Romney was outraised by the Obama money machine at his former employer, Bain Capital, by a margin of 2 to 1.

    It is a campaign operation whose wheels are greased by Wall Street bundlers like MF Global former chief, Jon Corzine. These financiers are so good at what they do that the Center for Responsive Politics reports that Obama’s Wall Street fundraising will “far surpass 2008 in terms of raw dollars and as a percentage of what he raises overall.”

    That’s saying a lot considering that Obama’s “Hope and Change” campaign in 2008 raised more money from the financial community than any other politician in American history.

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