Snappy newsletters. Simple Facebook sharing. Spirited comments. Sweet features are waiting… GET THEM NOW!

Amid Recession, Obama to Prod Weary DNC Donors

By Harry Kimball, Newser Staff

Posted Mar 16, 2009 4:20 PM CDT

(Newser) – President Obama is set to address a Democratic fundraiser later this month—the first such event of his presidency—but the money might not flow from donors cowed by recession and overextended after the recent election, Bloomberg reports. “Nonetheless,” said a White House... Read full story »

COMMENTS

Read the comment policy

You need to Log in to Newser to comment. Don't have an account yet? Sign up now!

3 comments

A snapshot of the day's best news stories.

View Larger Grid

All Today Yesterday Pick a Date

What's Popular Now on Facebook

Miami Face-Eater Identified

'Serpent Pastor' Dies of Snake Bite

Bloomberg (Source Grid »)

Tickets range from $100 to $2,500
Chicago Tribune

Could opinions on bailout hinder fundraising?
International Herald Tribune

Politics • Money

Tim Kaine • recession • Democratic National Committee • governor • political donations • fundraising • President Obama

More Newser Stories

Obama Has More Wall St. Cash Than GOP Candidates

Obama, DNC pulling in more cash ... even from firm Romney founded

(NEWSER) - Despite his moves to tighten regulation of the financial sector, President Obama has more Wall Street money in his war chest than all of the Republican hopefuls combined, the Washington Post finds. Obama's campaign has received $3.9 million in donations from employees of financial firms, compared with $7.5 million for Mitt Romney. But as president, Obama can also include Democratic National Committee donations, which brings his total up to $11.7 million. Rick Perry has received $2 million from financial workers, Jon Huntsman $401,000, Ron Paul $289,000, and Herman Cain only $129,000. More»

Obama Romancing 'Fat-Cat' Donors

And, simultaneously, not-so-rich ones

(NEWSER) - President Obama's 2012 machine is revving up early, and his campaign is using all its assets to pull in wealthy donors—while also courting the small Internet donors that fueled his grass-roots machine in 2008. The Washington Post takes a long look at the fundraising push, which has included everything from cocktail parties to one-on-ones with Valerie Jarrett to $44 bar get-togethers, depending on what group of donors is being pursued. And the campaign team isn't done yet: Future fundraisers will be even more creative, like the food tasting with the White House chef that's in the works. More»

Palin's Haul From Small Donors Echoes Obama: Silver

60% of war chest in chunks under $200

(NEWSER) - The nearly $1 million raised by Sarah Palin’s political action committee this year is not in itself all that impressive, writes Nate Silver for FiveThirtyEight.com. After all, her figures are dwarfed by Republican players with significantly less star power. But Palin’s fundraising numbers reveal a true strength: A full 60% of her total comes from donations under $200. More»

Va. Guv Kaine to Lead DNC

Longtime Obama friend will become voice of the new administration

(NEWSER) - Virginia Gov. Timothy Kaine will take the top post at the Democratic National Committee later this month, the Washington Post reports. With a year left in the governor’s office, Kaine will juggle his gubernatorial responsibilities with his new role as the voice for the Obama administration. Kaine has gotten credit for helping Obama win in Virginia, the first time a Democrat won the state since Lyndon B. Johnson in 1964. More»

Obama's Big Donors Slow to Write Checks

His fundraising is down compared to 2008

(NEWSER) - Whether because of the economy, fighting with Wall Street, or the lack of an exciting primary battle of his own, President Obama's fundraising this election cycle is behind where it was in 2008—$196 million as of the end of the March, down from $235 million in March 2008, reports the New York Times . It blames the falloff on big donors, from major industries to Hollywood stars, failing to keep up with their pace of 2008, meaning the campaign is pushing harder among small, grass-roots supporters. More»

NEWS FROM OUR PARTNERS

What is Newser?

Face it: there's too much news. At Newser, we choose the most thought-provoking and entertaining stories from hundreds of US and international sources and reduce them to a headline, picture, and two paragraphs. And we do it 24/7—you can come back morning, noon, night (and in between) for something new that matters. Read less, know more.

Learn more »

Partnering with: Slate

View Newser on the mobile website

Amid Recession, Obama to Prod Weary DNC Donors

Tim Kaine • recession • Democratic National Committee • governor • political donations • fundraising • President Obama

MOST POPULAR STORIES

[ By Views ]

[ By Comments ]

More Newser Stories

Obama Has More Wall St. Cash Than GOP Candidates

Obama, DNC pulling in more cash ... even from firm Romney founded

Obama Romancing 'Fat-Cat' Donors

And, simultaneously, not-so-rich ones

Palin's Haul From Small Donors Echoes Obama: Silver

60% of war chest in chunks under $200

Va. Guv Kaine to Lead DNC

Longtime Obama friend will become voice of the new administration

Obama's Big Donors Slow to Write Checks

His fundraising is down compared to 2008

About Us

Site

Community

Site Maps

Tools

More News

What is Newser?