Showing posts with label fund raising. Show all posts
Showing posts with label fund raising. Show all posts

Sunday, July 20, 2008

US$52M in June

The Meaning of Obama's $52-Million Month

While our leaders have to fork out money for plane tickets, hotel, petrol, cigarette; the developed nations chip in to support their presidential candidates with both sides having a war chest of almost US$180M combined. That's some serious money from lobbyists, special interest groups, concerned citizens, girl scouts, etc. If the Old Putera Association starts collecting US$30k per table, we could have our own President run for any party presidency. Something to ponder.

"Two numbers tell the entire Obama story: $2 million and $68. The latter is the average size of a contribution to the Obama campaign in June. The amazing thing is that it's about $30 lower than the average contribution in May, April or March. This indicates that the senator attracted a massive number of new $5, $10, $20 donors once the primaries ended--presumably from the ranks of devoted Dems who had (until then) supported Hillary Clinton" (think about the last time your supporter chipped in RM68 for you).

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Ultimately, Obama could raise more than $250 million by Election Day if he continues at this pace--and judging by his expanding pool of small donors, he will".