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The Money Chase: Obama Cashes In

4/4/07, 11:30 am EST

I guess counting all that cash takes time. Barack Obama’s campaign has finally announced that it raised $25 million in the last quarter, with $23.5 million of that being dedicated primary money. On the face of it, this puts him a hair shy of Hillary Clinton. But it seems likely that he actually has more primary cash than Clinton, who has not disclosed what portion of her haul is earmarked for the general election.

UPDATE: ABC News is reporting that roughly $6 million of Hillary’s $26 million is non-primary, making Obama king of the finance hill on the Democratic side. Interestingly, he had more individual donors (100K+) than Clinton and John Edwards combined.
A roundup:

Hillary Clinton: $26 million

Barack Obama: $25 million

Mitt Romney: $23 million

Rudy Giuliani: $15 million

John Edwards: $14 million

John McCain: $12.5 million

Bill Richardson: $6 million


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Comments

ray | 4/4/2007, 12:54 pm EST

Good for Senator Obama. With Sen ator Edwards getting asympathy boost Senator Obama needed to have a good quater. Look for Senator Obama to go back up in the polls.

Croaker | 4/4/2007, 5:17 pm EST

I’m more interested in WHERE all this money is actually coming from, regardless of candidates. How many political favors are owed to big business, oil and the pharmaceuticals who seem to have bought and paid for our government? Dems or Repubs, the stories are all the same…what’s great for big business is bad for most Americans…

Eclectic but Clever | 4/4/2007, 9:55 pm EST

Obama= “Half Honkey, All Donkey”

J.D. | 4/4/2007, 11:12 pm EST

Great! That’s about $116 million down the drain.

C Co... aka I Smell Propaganda | 4/4/2007, 11:30 pm EST

Tim, why is this being covered so much and you haven’t mentioned one thing about the British hostages in Iran?

lik roper: | 4/4/2007, 11:43 pm EST

$100 zillion

Jab | 4/5/2007, 8:28 am EST

Thank you Propaganda. As for the funding deal: they’ve accumulated far too much money, I’m a Libertarian and believe in everyone’s right to accumulate as much money as they can, but this is kind of ridiculous (esp. considering not a one of these fine individuals shares my Libertarian views).

If one candidate were to yield the rest of his/her funds to charity, I’d shit myself, then start volunteering time to their campaign. If they cared to they could easily fund a campaign for less, which is still not a pittance, but wouldn’t seem so much in excess.

Jab | 4/5/2007, 8:29 am EST

lik roper is a goofy bastard.

Puremuny | 4/5/2007, 11:36 am EST

I agree.

That is great he raised the money but their should be a public financial statement stating where the funds are going. You know that will not happen since Kenneth Lay’s Enron books were looked at. ;)

Jed Clampett | 4/5/2007, 12:10 pm EST

so, who’s for taking private money out of the election process in order to divorce the candidates from their obligations to repay their major contributors with no bid contracts and special provisions in bills that have nothing to do with the issue at hand? Anyone willing to donate $5 from their tax return to a general election fund?

DeezNutz | 4/5/2007, 12:19 pm EST

Jed- I’m with you. Public financing of elections would be an excellent start for getting politicians that actually have the best interest of their constituency in mind.

jeffery mcnary | 4/5/2007, 12:41 pm EST

it would be wise to calculate amounts targeted to the primary, how much (maxed out) for the general. another variable is how many contributed to more than one candidate.
what does stand out, at this writing, is that mr. obama’s contributions are spread across the board rather than a small pac(k).
now, lets read this again. perhaps say it aloud or lip-sync it. anything to have what’s goin’ on sink in, yes?

Me | 4/5/2007, 6:07 pm EST

I heart Obama

sluuurp | 4/5/2007, 8:15 pm EST

While I am all for Obama over Clinton, I notice every election goes one of two ways: vote for a candidate who takes away rights to protect you from yourself OR vote for a candidate who takes away rights to protect you from the rest of the world. Dem or rep, either way Ron Paul looks a lot better.

Let Them Eat Cake | 4/6/2007, 12:46 am EST

Wow, Hallzee’s back and loaded for bear…

The Repubes can go over and voice their objections to the big idiot president’s war policies, but let Pelosi do it and, Bang-she’s “Out of Line”…Get Lost, Hallzee-the Game is New and the Players are not Republican wusses….We Got Game and We Got Oversight…’Bout Time that the Competition Speaks Out-No more Stepford Wives Syndrome…

Bush and Cheney need to be in Prison-no more power for Corrupt and Inept Fools…No Frauds Accepted…That leaves most of the GOP Out…

Elizabeth Wareen | 4/6/2007, 2:26 am EST

I am actually waiting for Barack Obama to have even one specific thing to say about anything. It’s one shallow platitude after another.

Soon there will be more forums (he blew the last four) and those all intensive debates. I’m sure he isn’t looking forward to any of them as he will be under pressure to actually stand for something and his seemingly limited knowledge on the issues will be tested.

What an empty suit. Sure he made big money. Thousands of college kids who never took an interest in politics before now have a rock star that they’d like to put in the WhiteHouse.

Do they even realize how close Obama is to Joe Lieberman?

God help us.

Anonymous | 4/6/2007, 5:58 pm EST

Please read letter to a Christian nation and wake up from your delusions

Hallzee | 4/9/2007, 9:30 am EST

Jab,
Pelosi is the Speaker Of The House. That means she is 3rd in line to lead this country. Therefore, if you and your Lib Friends should actually get your wet dream wish and Bush and Cheney are Locked Up or assassinated then Pelosi can play President all she wants (God Help Us). Until then she can do what she is overpaid to do. Find any TV camera she can to plant her face in front of and bash this administration just enough without jeopardizing the 08 elections.

Face it Jab, You know you missed me

Word | 4/10/2007, 12:01 am EST

Jab,

” The only qualm our government has with the Iranians lies in them having a wealth of oil and telling us to fuck ourselves.”

Totally, 180 degree, fucking WRONG. This has to do with Israel buddy. Get it through your head: ISRAEL. It has nothing to do with oil or we’d be in Venezuala. Israel is freaked Iran will send a nuke into thier country via hezbollah. This is the only reason for our interest in the mid east. Re-align your reality buddy, it ain’t as simple as you think. (hell, wiki neo-conservatives if you want. Or PNAC).

C Co... aka I Smell Propaganda | 4/10/2007, 7:27 pm EST

Word
You tell him that “it ain’t as simple as you think” and then respond by making it simple by attributing our involvement in the Middle East to Israel. I think it has to do with various factors, one of which (this might be a shocker) that Bush is actually trying to fight terrorism (however misguidedly). At least you are intelligent enough (way more intelligent than most people on this site) to realize that the “blood for oil” rhetoric is lazy and ignorant logic. And yes, you are right when you say a huge factor for being over there is to protect Israel. It isn’t the only one, though, and it ain’t all so simple, as you pointed out. However, I would die for Israel over oil any day.

Tinfoil Hat | 4/13/2007, 10:44 pm EST

C.Co, Though it is entertaining to hear you rate the intelligence of other posters based on their opinions, you are (as usual) blowing farts across the water. Of course its about oil. Even many conservatives I know will admit that. If you really think that the US invaded Iraq because of terrorism, WMDs, or humane compassion for oppressed Iraqis, you are a bigger idiot than I ever imagined.

C Co... aka I Smell Propaganda | 4/14/2007, 1:21 am EST

Tinfoil Hat
No, the first Gulf War was to protect our oil. To spend the all that time, money, and lives to aquire oil (a limited amount anyway) in Iraq doesn’t make sense. And if we were in it just for oil, we would have left as soon as Saddam fell (ala, 2 weeks from the start of the war) and not stayed to secure the cities and help set up the government. The logic doesn’t work. I can also point you to liberal voice of Word who say it has nothing to do with oil. Andecdotes and opinions from people you know mean nothing when it comes down to fact. Just because I’m not such a dissident, assuming the worst of every Presidental move (no matter the facts), and making claims based on emotions without real evidence, that doesn’t make me an idiot, it makes a realist.

Tinfoil Hat | 4/14/2007, 11:02 am EST

C.Co,
Even Bill Crystal admits that it was mostly about oil. OK, so they had some other motivations (fantasies) that they were hoping they could facilitate. The war was prosecuted under a bunch of assumptions which did not come to fruition. Now anyone with a memory, a brain, and a sense of irony can see that we are stewing in a conconction of our own making and we are already medium rare. Now the Bush admin is pushing their own version of a “new Iraqi Oil policy” down the throats of the Iraqi legislature.

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