It appears that with his fundraising efforts during the Democratic primary season, Senator Barack Obama has amassed a financial forest.
With the primary race over and Senator Clinton preparing to suspend her campaign on Saturday, the general election will begin an earnest and the Obama money machine is poised to smash all existing records generating enough financial support for Democrats to win back the White House.
Over on HuffingtonPost.com, they write, “that Obama’s donor lists are so large that the Federal Election Commission is unable to process them with their current spreadsheet applications. Now that Obama has won enough delegates to clinch the nomination, and Clinton will concede the race to him on Saturday, the GOP fears that the Democrats’ extraordinary fundraising will leave them at a terrible disadvantage come November:
With Hillary Clinton’s campaign coming to an end this weekend, Barack Obama’s rise as the Democratic nominee brings serious bad news to a new group — John McCain’s finance team…
…Obama’s campaign, which raised $272 million through April for the primary, now is reaching out to Clinton’s fundraisers, who raised another $200 million through April, in an effort to unite forces and bury the historically deep-pocketed Republicans.
Take a look at some of the numbers:
If each of Obama’s donors gave him a modest $250, he’d have $375 million to spend during the two-month general election sprint. That’s $186 million a month; $47 million a week.
During the same September to Nov. 4th period, McCain will have about $85 million to spend since he has decided to take taxpayer money to help finance his campaign activities.
Obama has more than 1.5 million donors; McCain has a few hundred thousand. If just a million of Obama’s donors sent him the maximum donation, $2,300, he could raise $2.3 billion.”
Be a part of the solution so that we can eliminate the problem that now exists.
