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Obama's cash blitz: Pulling in an average of $1 million a day; average donation is $14

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DeepModem Mom Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-10-08 02:11 PM
Original message
Obama's cash blitz: Pulling in an average of $1 million a day; average donation is $14
CNN: January 9, 2008
Obama's cash blitz


Obama's campaign is touting its latest fundraising numbers.

WASHINGTON (CNN) — Democrat Barack Obama is raking in money at an extraordinary pace so far this year — pulling in an average of $1 million a day over the last week, according to his campaign.

In a campaign memo sent to reporters Wednesday morning, following the Illinois senator's surprise loss in New Hampshire, Obama campaign manager David Plouffe said the campaign raised over $8 million in the first eight days of 2008, and had taken in an additional $500,000 online since midnight — well after it was clear he had lost the New Hampshire primary to rival Hillary Clinton.

Plouffe also said the campaign had signed up 35,000 new donors in the first week of the year.

UPDATE: CNN's Jessica Yellin reports that the campaign raised $1.5 million online between midnight and 10 p.m. Wednesday, according to an Obama aide, who says the average donation was $14.

http://politicalticker.blogs.cnn.com/2008/01/09/obamas-cash-blitz/
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AndyA Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-10-08 02:13 PM
Response to Original message
1. Congratulations, America.
Once again, we're going to let *MONEY* elect our President.

It's worked out so well the last 7 years, why change? :shrug:

Pathetic. It certainly isn't anything to be proud of.
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babylonsister Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-10-08 02:15 PM
Response to Reply #1
7. No one can run without it; I'm very happy people realize that and
are supporting their candidate.
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TwilightGardener Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-10-08 02:16 PM
Response to Reply #1
8. Yes--we should starve our candidates of money until they are forced to drop out--
That'll show those damn Republicans we mean BUSINESS!
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Adelante Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-10-08 02:17 PM
Response to Reply #1
9. You begrudge Obama my fourteen bucks?
:shrug:
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AndyA Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-10-08 02:24 PM
Response to Reply #9
13. Of course not.
But how about some of that $3 million plus he's taken from the various media industries. You know the ones: they report the news, and are ignoring candidates that they are concerned about.

Changing the status quo is going to shake up the media industry big time. And they are pretty happy with things the way they are. Follow the BIG money...it will tell you who they support. ;)
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Adelante Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-10-08 02:28 PM
Response to Reply #13
15. Okay
Obama has raised 80 million. Edwards only 30 million.

28% of John Edwards Donors are “small donors”

25% of Barack Obama’s Donors are “small donors”

Let’s look at some industries.

Health Care

Barack Obama (D) 1.6% of his total
$1,330,743

John Edwards (D) 1.4 % of his total
$419,326

Insurance Industry

Barack Obama (D)
$390,513 0.4% of his total

John Edwards (D)
$129,600 0.4% of his total

Lobbyists

Barack Obama (D)
$76,859 0.09% of his total

John Edwards (D)
$18,900 0.06% of his total

Banks

Barack Obama (D)
$865,856 1% of his total

John Edwards (D)
$153,650 .5% of his total.

Pharma

Barack Obama (D) 0.3% of his TOTAL
$261,784

John Edwards (D) 0.05% of his total
$15,000


http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=132x3995573

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AndyA Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-10-08 02:34 PM
Response to Reply #15
16. It's not the percentages, it's the TOTALS that matter.
And by the way, John Edwards refunded 100% of the lobbyist money, but it still had to be reported.
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veniceboy Donating Member (44 posts) Send PM | Profile | Ignore Thu Jan-10-08 02:54 PM
Response to Reply #16
20. LOL!
People vote with their feet, and in this case wallets. Face it- your canidate isn't popular. Get over it.
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AndyA Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-10-08 03:06 PM
Response to Reply #20
24. You just keep on believing that.
Get back to me later when you realize you are wrong. :eyes:
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cali Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-10-08 03:08 PM
Response to Reply #16
25. that's incredibly clueless.
Use your brain, man. It's about percentages not totals. The smaller the percentage, the less influential that donation. You've got it exactly ass backward. And if Edwards were raising money like this in small amounts, you'd be thrilled.
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Clarkansas Donating Member (701 posts) Send PM | Profile | Ignore Thu Jan-10-08 02:24 PM
Response to Reply #1
14. Oh please.
Edwards had his chance in Iowa and it didn't work out.
The number of small donors to Obama is very impressive.
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AndyA Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-10-08 02:53 PM
Response to Reply #14
19. And with the constant 24/7 media coverage and promotion,
it would be impossible to not have a lot of small donors.

The media is manipulating the election, and people just don't seem to get it, which is exactly the way they want it.

Follow the money, look at the facts, open your eyes. Things are the way they are because the powers that be WANT THEM to be this way. And that should make everyone interested in real change very nervous.
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veniceboy Donating Member (44 posts) Send PM | Profile | Ignore Thu Jan-10-08 02:55 PM
Response to Reply #19
21. Edwards has tons of advantages-
Typical dull white guy with personal fortune who was VP candidate last time. There isn't a consipiracy against him, people just arn't buying what he's selling.
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AndyA Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-10-08 03:29 PM
Response to Reply #21
30. Funny how Barack and Hillary have begun selling the same thing as Edwards, finally.
:eyes:
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Clarkansas Donating Member (701 posts) Send PM | Profile | Ignore Thu Jan-10-08 03:11 PM
Response to Reply #19
26. They don't cover him because he has always been out of the top tier.
It is the same reason they don't talk about Thompson anymore. By your logic, they must really be scared of Duncan Hunter, because he gets the least coverage of anyone. Ron Paul wants businesses to regulate themselves. Why does the media ignore him? Why doesn't the media conspire to help elect him, since you claim they conspire to keep Edwards down?

Everyone can get on the internet and find out more about the candidates, or get off their asses and go to a rally or campaign headquarters. If they chose not to do that, that is their fault. The media is giving them the garbage they want.

There is no conspiracy against Edwards.
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AndyA Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-10-08 03:28 PM
Response to Reply #26
29. Believe what you want to believe.
Ten years ago, no one would have believed that habeas corpus would be removed, but it was.
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Occam Bandage Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-10-08 02:57 PM
Response to Reply #1
22. I sent Obama 20 bucks. Is that "pathetic?"
I thought an Edwards supporter would be happy that the common man is beating wealthy interests at the money game.
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cali Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-10-08 03:05 PM
Response to Reply #1
23. Have you read the article? The average donation is $14 bucks
You should be cheering this not bitterly pissing on it.
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jenmito Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-10-08 03:19 PM
Response to Reply #1
28. Yeah, unlike YOUR candidate. Oh wait-HE refused to take matching funds until he
wasn't able to raise as much as he had hoped "to remain competitive." :eyes:
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babylonsister Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-10-08 02:14 PM
Response to Original message
2. Wow! That's a lot of people, and money!
:applause:
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killbotfactory Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-10-08 02:15 PM
Response to Original message
3. But he's beholden to corporate interests!
They make up a tiny percentage of his support!

The small donors who make up nearly 1/4th of his funds will have no wieght!!!11oneone

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northzax Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-10-08 02:15 PM
Response to Original message
4. average of $14?
that makes no sense. that's an awful lot of $1-5 donations, which actually cost the campaign money to process.
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Muddy Waters Guitar Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-10-08 03:12 PM
Response to Reply #4
27. Yeah, seems like a digit
was maybe left out in the figures.
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Nedsdag Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-10-08 03:40 PM
Response to Reply #4
31. I donated $10 on Tuesday night.
More is coming.
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northzax Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-10-08 02:15 PM
Response to Original message
5. average of $14?
that makes no sense. that's an awful lot of $1-5 donations, which actually cost the campaign money to process.
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northzax Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-10-08 02:15 PM
Response to Original message
6. average of $14?
that makes no sense. that's an awful lot of $1-5 donations, which actually cost the campaign money to process.
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jakem Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-10-08 02:17 PM
Response to Reply #6
10. online it does not cost much to process small donations.
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TwilightGardener Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-10-08 02:17 PM
Response to Reply #6
11. Do you have an itchy "enter" finger?
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silverweb Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-10-08 02:51 PM
Response to Reply #6
18. It makes plenty of sense.
I'm one of those donors. My average donation is $10-20 once or twice a month, depending on how each paycheck looks... and there are lots and lots of people like me. :)

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MethuenProgressive Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-10-08 02:20 PM
Response to Original message
12. Still counting every button sale as a seperate 'donation' to keep that 'average' down?
Makes a good PR.
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Muddy Waters Guitar Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-10-08 02:35 PM
Response to Original message
17. Consistent with what I've been hearing about
Massive outpouring of financial and other support just since last night.
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