Fundraising Looms Large on Obama's Schedule
President spends more time chasing donations thanks to McCain-Feingold
By Kevin Spak, Newser User
Posted Oct 26, 2009 11:37 AM CDT
President Barack Obama takes his leave after speaking at a fundraiser for Sen. Chris Dodd, D-Conn., left, in Stamford, Conn., Friday, Oct. 23, 2009.   (AP Photo/Gerald Herbert)

(Newser) – In between massive federal bailouts and health reform, President Obama has spent a lot of time rustling up cash for Democrats this year, with tonight marking his 26th fundraiser. George W. Bush, by contrast, headlined only six fundraisers in his first year. But that was before McCain-Feingold capped how much “soft money” big donors could hand out. In those six fundraisers, Bush scared up $48 million; in his first 20 appearances, Obama managed only $21 million.

“Basically, the president has done just about anything we've asked him to do,” Democratic Senatorial Campaign Committee chairman Robert Menendez tells the Wall Street Journal. “Very clearly the president knows history as well as I do, and the history of midterms means the president's party loses seats.” But a GOP counterpart says Obama’s risking his reputation as a “change” candidate by supporting old guard figures like Chris Dodd and Harry Reid.

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Showing 3 of 16 comments
Oct 28, 2009 11:40 AM CDT
Oh, he probably remembers the rest of the story, but with his arrogance and greed he can't help himself but to try and be leader of the world. You see he believes nothing can touch him. He is the golden one.
Oct 28, 2009 8:36 AM CDT
One reason Bush wasn't out on the hustings right away in 2001 was the hostility so many felt as a result of the Supreme Court's highjacking of the election and the "defeat" of Al Gore: - President/dp/156025355X And of course it wasn't "seemly" to conduct business as usual after the 9/11 catastrophe or use it as as a fundraising tool for some time. When Bush got into the swing of things, however, nothing could slow down the fundraising juggernaut (certainly not the impending doom of a great American city due to natural disaster.) If there are losses to the Repugs in the 2010 elections and it is perceived that the President didn't do all he could for his party, he will lose support for his programs and support that would have been there for his re-election in 2012. As Dr. Z keeps reminding us, this team is playing chess (three dimensional I would add) while the opposition is still trying to master the game of checkers.
Oct 28, 2009 4:05 AM CDT
Do your own dirty work. If you really want to know you can find out. I don't keep up that much.