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GOP, Inc. Makes Up For McCain's Lack of Fundraising - $96 Million Total

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Median Democrat Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Aug-17-08 09:06 PM
Original message
GOP, Inc. Makes Up For McCain's Lack of Fundraising - $96 Million Total
Edited on Sun Aug-17-08 09:06 PM by Median Democrat
Yes, Obama can outraise McCain 2 to 1. However, corporations can contribute to the National Party up to about 28,000. Thus, one corporation or wealthy indvidual can outraise 50 small Obama contributors. As a result, GOP, Inc. can and has closed the fundraising gap between Obama and McCain.

http://news.yahoo.com/s/ap/20080815/ap_on_el_pr/campaign_money

/snip

WASHINGTON - John McCain and the Republican National Committee started August with a hefty $96 million, financially flush and strongly positioned to compete with prolific fundraiser Barack Obama and the Democrats.

Republicans have been trying to even out the financial playing field after trailing Democrats in overall fundraising for most of the election cycle.

McCain has been a subpar fundraiser and has lagged the much-more adept Obama in monthly campaign tallies. But the RNC, with big-draw President Bush helping, has trounced its Democratic counterpart in collections. That has helped McCain and the GOP stay competitive financially with Obama and the Democratic National Committee.

The July numbers reflect how far McCain and the Republicans have come.

McCain raised $27 million in July, his largest one-month fundraising haul since clinching the GOP presidential nomination, and had $21 million available to spend, while the RNC brought in nearly $26 million, and had $75 million on hand to compete with the Democrats.

/snip
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napi21 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Aug-17-08 09:14 PM
Response to Original message
1. Yea, but I THOUGHT the RNC $$ was supposed to help the
Senators & Congress critters get elected?
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rurallib Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Aug-17-08 09:26 PM
Response to Reply #1
2. I believe that idea was deep-sixed a couple months ago
and all bets are on McCain.
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napi21 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Aug-17-08 09:37 PM
Response to Reply #2
3. Ahh, the hell with the guys who did our dirty work for us cause they
can't win anyway???? Nice, loyalty an all!
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rurallib Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Aug-17-08 09:41 PM
Response to Reply #3
4. Repuke version of darwin.
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Vinnie From Indy Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Aug-17-08 10:49 PM
Response to Original message
5. That's chump change copmpared to the FREE advertising given McCain
US corporate media has perfected the art of giving political donations under the guise of "news reporting". The Swiftboating of Obama will use the same playbook as used on Kerry. The way it works is that an allegation is made and a commercial or book is produced from some obscure group or individual. The lies and smear in the book or commercial will be repeated thousands of times by news organizations under the guise of news reporting when in reality, it is FREE advertising that McCain will benefit from. A few hundred million dollars of advertising contributed by the gargantuan conglomerates that own the US mainstream media. No muss, no fuss!
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Median Democrat Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Aug-17-08 11:44 PM
Response to Reply #5
6. Exactly - Obama's Ads Don't Get A 10th Of The Free Airplay
You look at Corsi. The guys is an anti-semetic, racist, yet all of a sudden he is not a fringe lunatic, and it is okay to interview the guys and allow him to present his crap as though it was a serious piece of journalism. Shoot, is there any difference between the KKK's stormfront show and CNN?

Fox News, of course, is the worse offender, since they just slam on Obama 24/7, which gives the other networks a pretext for covering the narratives shoved down our throats by Fox News. What is not being coverged?

1. McCain's affairs.
2. McCain's use of Ralph Reed, a key figure in the Abramoff scandal, to raise money.
3. The role of McCain's FP advisor in the Georgia/Russia crisis and the advisor's conflict of interest.
4. McCain's numerous flip flops.
5. The fact that McCain's plans just do not add up. They are false. The tax cuts will result in a growth in the deficit, which will cause the dollar to decline, which will increase inflation and gas prices. See? That is not difficult.
6. McCain hiring the same smear merchants that he said would go to help for what they did to him in 2000.
7. McCain's vote for the Iraq war, and his claim that it is the central front in the war on terrorism.
8. The role of McCain's advisor, Phil Gramm, in pushing deregulation leading to the mortgage crisis.
9. The role of McCain's advisor, Phil Gramm, in pushing deregulation leading to the Enron debacle.
10. The fact that McCain continues to insist on less regulation despite the current mortgage crisis.

I mean there is whole lot of material to cover, yet the media never gets to it.
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