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Obama 2012 raises $29.1 million in January

Barack Obama

President Obama's re-election campaign raised $29.1 million in January in conjunction with the campaign and the Democratic National Committee (DNC), the campaign announced Friday.

 

Individuals, not corporations, drive super PAC financing

Super PACs, outside groups that can raise and spend unlimited corporate money to help elect or defeat candidates, have spent heavily to influence the presidential race. This chart shows the amounts raised in 2011 by some of the most active candidate-aligned super PACs and the cash they had remaining in the bank at the end of the year.

 

Is It Fair That One Candidate Has A Lot More Money to Spend Than The Other?

Restore Our Future Super PAC

Newt Gingrich lost the Florida primary to Mitt Romney, after initially leading in the polls after his South Carolina win. Gingrich’s numbers spiraled down soon afterwards. Romney had been favored to not just win in Floriday but also by a large margin, so his victory is not surprising.

I was reading two articles about the Florida primary outcome. One from LA Times and the other from the Washington Post. The thing that stuck out at me was how much more money Romney had to spent on television attack ads than Gingrich.

 

Billionaire gives $5 million to pro-Gingrich group

A Las Vegas billionaire with ties to Newt Gingrich has given $5 million to an independent group backing the former House Speaker's presidential bid.

Senh: Now he has some money to retaliate against Mitt Romney's attack ads.

 

Ron Paul raises $13M in last three months

Ron Paul

Ron Paul continues to rake in cash at a healthy clip, which bodes well for his campaign as the GOP candidates concentrate on New Hampshire and ...

 

Obama campaign seeks to raise $60 mln in 4th quarter

President Barack Obama's campaign set a goal of raising $60 million in the fourth quarter of the year to benefit the Democratic incumbent's re-election and the Democratic National Committee, a campaign official said on Saturday.

 

Obama's strategic edge: cash to campaign everywhere

He shouldn't have to concede any states for lack of money – and he already has raised more than his Republican rivals combined. His approval ratings are down and the economic recovery is sputtering. But President Obama brings to the 2012 campaign one strategic advantage that previous Democratic presidential candidates would have envied: the money to compete everywhere.

 

Herman Cain now raising money like a frontrunner

Apparently "9-9-9" is good for about $3 million. That's how much money Herman Cain says he's raised in the month of October alone as financial support begins to match a spike in the polls that is defying political gravity.

Senh: I have admit that I didn't think he had much of a chance. He didn't back down when he was down in the polls, he just kept on moving. He's an interesting candidate, but I still think Mitt Romney will come out on top.

 

Perry takes GOP fundraising lead

Texas Gov. Rick Perry tapped his home-state base of deep-pocketed donors to leap ahead of the Republican field in fundraising during the third quarter. Mitt Romney, meanwhile, used his sizeable warchest to build an infrastructure for the campaign fight ahead, new finance reports show.

Senh: Check out the article. It has a listing of how much every candidate has raised. Barack Obama is way ahead.

 

Romney, Perry and Cain Open Wide Financial Lead Over Field

A stark financial divide is opening up between two groups of Republican candidates for president, with the top candidates together bringing in tens of millions of dollars in their bids for the presidency and a second tier struggling to attract major donors and in some cases even crack the million-dollar mark.

Senh: Is it even fair when your opponents have a lot more money to spend on their campaigns? Have we ever tried either giving candidates to same amount of money to spend or limiting it? Whoever has the most money has a huge advantage.

 

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