Obama Rakes It In

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June 2008
- Obama Moves to Clean Up DNC Money Machine
  
  Politico | Jun 5, 08 12:04 PM CDT
  
  (Newser) - Barack Obama moved today to make his campaign more transparent, in keeping with his theme of bringing change to Washington. Obama will open all his fundraisers to the press, Politico reports. He’s also cleaning up his party’s fundraising efforts; starting today, the Democratic National Committee, like Obama’s campaign, won’t accept money from lobbyists or political action committees. More »
- In '08, Drudge Coming More Out of Left Field
  
  Politico | Jun 2, 08 1:28 PM CDT
  
  (Newser) - The powerhouse news-aggregating Drudge Report is surprising its loyal fan base by straying from typically conservative output, Politico observes. Editor Matt Drudge had gained the affection of Republicans and ire of Democrats through previous election cycles, but this time the reclusive blogger has displayed a certain fondness for Barack Obama, while damaging Hillary Clinton and John McCain's presidential bids. More »
May 2008
- Spreadsheets Can't Handle Democrats' Haul
  
  Politico | May 26, 08 11:16 AM CDT
  
  (Newser) - The Democratic presidential candidates have raised so much money that the FEC can’t handle the data, Politico reports. Barack Obama’s January report was so big that industry standard spreadsheet programs like Microsoft Excel 2003 couldn’t handle it. By March, Hillary Clinton had also broken the Excel barrier—a mere 65,536 rows and 256 columns. More »
- McCain to Rely on RNC Money
  
  New York Times | May 19, 08 9:10 AM CDT
  
  (Newser) - Lagging behind Barack Obama's fundraising juggernaut, John McCain is planning to rely heavily on the Republican National Committee for general-election cash, the New York Times reports. The RNC has $40 million in the bank, compared with McCain’s $21 million, and has big-gun fundraisers like President Bush lining its coffers. “We intend to provide substantial, maybe unprecedented, resources to the McCain campaign,” said the RNC deputy chairman. More »
- Obama Gears Up for GOP Smears
  
  Newsweek | May 11, 08 4:00 PM CDT
  
  (Newser) - John McCain is prepping for a smear campaign this summer while camp Obama, ever cool and controlled, awaits the first strike. "It's going to be Swift Boat times five on both sides," said one McCain adviser who expects Obama to return fire. McCain's challenge is to hit above the belt and not seem racist, while Obama needs to react fast without sparking endless fights, Newsweek reports. More »
- Clinton Camp May Need Another Loan
  
  New York Times | May 9, 08 12:43 PM CDT
  
  (Newser) - Hillary Clinton's loss of momentum is taking a tangible toll on her ability to raise—and spend—money, leaving her campaign even more strapped for cash at a time she needs to pull out all the stops, the New York Times reports. Advisers say that Clinton is prepared to shell out more of her own, adding to the $11 million she's already provided. More »
April 2008
- Top Clinton Fundraiser Jumps to Obama Camp
  
  Los Angeles Times | Apr 26, 08 12:35 PM CDT
  
  (Newser) - Hillary Clinton will lose one of her key fundraisers to Barack Obama, the Los Angeles Times reports. Gabriel Guerra-Mondragon, a former ambassador under President Clinton who had raised $300,000, “became concerned about the tone of the race,” an Obama aide said. But a Democratic strategist said one defection isn’t enough to sink Clinton: “You need a pattern in politics.” More »
- Tech Biz Workers Back Barack
  
  Seattle Post-Intelligencer | Apr 14, 08 5:19 PM CDT
  
  (Newser) - Google and Yahoo workers who have donated to presidential campaigns support Barack Obama, the Seattle Post-Intelligencer reports, donating significantly more to him than any other candidate. Obama does well with the tech industry as a whole, though his edge is less pronounced at older companies like Microsoft and Apple. Obama took in a whopping $264,800 from Google employees to Hillary Clinton’s $75,500. More »
- Obama Clashes With Philly Pols Over Payouts
  
  Los Angeles Times | Apr 11, 08 2:44 PM CDT
  
  (Newser) - Barack Obama has been expected to do well in Philadelphia in this month's Pennsylvania primary, but a test of wills between his campaign and local party bosses might jeopardize his chances. The Philadelphia political scene has a long tradition of "street money"—payment to Democratic operatives who dispense $10, $20, and $50 bills to those who help get out the vote. But Obama's people won't pay up, writes the Los Angeles Times . More »
- Obama Has Big-Money Donors, Too
  
  Washington Post | Apr 11, 08 1:49 PM CDT
  
  (Newser) - Barack Obama has made much of his grass-roots fundraising, but he’s no stranger to big-money donors, the Washington Post reports. Seventy-nine bundlers—deep-pocketed backers who use their contacts to drum up even more cash—have wrangled up more than $200,000 each for the senator. Five billionaires are on the team, and donations of more than $200 account for roughly half of the $240 million that Obama’s raised so far. More »
- Obama's $40M in March Doubles Clinton's Take
  
  Washington Post | Apr 3, 08 4:53 PM CDT
  
  (Newser) - Barack Obama raised $40 million in March to Hillary Clinton’s $20 million, and, Chris Cillizza writes in the Washington Post , financial perceptions could spell doom for the former first lady. While Clinton appears to have the money to compete right now, she’ll only keep raking it in if fence-sitting donors believe enough in her viability to make the investment. More »
March 2008
- Vendors to Clinton: Don't Be a Deadbeat
  
  Politico | Mar 30, 08 1:17 PM CDT
  
  (Newser) - Hillary Clinton’s campaign is earning a deadbeat reputation among some campaign vendors, reports Politico. To keep pace with Obama and maintain reserves for future media buys and events, it has put off paying hundreds of bills, leaving many—mostly small and local—businesses grousing. Clinton ended February with $16 million in primary funds, including $5 million of her own money, and $8.7 million in unpaid bills. More »
- Hillary Camp in the Red Last Month
  
  Talking Points Memo | Mar 22, 08 5:25 PM CDT
  
  (Newser) - Hillary Clinton’s campaign is in debt despite a massive influx of donations last month, according to FEC filings. She raised $35 million in February, spent $31 million and ended up with $33 million—but most of it is reserved for the general election and the rest is owed. However, $5 million of that debt is to herself and need not be repaid. More »
- Clinton Finally Figures Out the Internet
  
  New York Times | Mar 22, 08 2:29 PM CDT
  
  (Newser) - Hillary Clinton is suddenly raking in donations over the Internet, the New York Times reports. Clinton took in $30 million online in February, and looks on pace for similar figures in March. That may pale before the $45 million the webizens bestowed upon Barack Obama, but it’s a landmark for Clinton, whose online pull had previously topped out at $8 million. More »
- $55M Another Record Month for Obama
  
  Chicago Tribune | Mar 6, 08 4:10 PM CST
  
  (Newser) - Barack Obama has 55 million reasons to keep his chin up despite losses this week in Democratic primaries, the Chicago Tribune reports, with the Illinois senator taking in $55 million in February to shatter, again, records for political donations. About 750,000 people donated last month; $45 million came online—an amount that itself eclipses Obama's January haul of $36 million. More »
- Looking to Knock Out Clinton, Obama Spends Big
  
  New York Times | Mar 2, 08 6:31 AM CST
  
  (Newser) - Barack Obama is lavishing his considerable campaign wealth on advertising and get-out-the-vote efforts in Texas and Ohio, hoping to deal a death blow this week to Hillary Clinton's faltering campaign. The Obama cash blitz is most apparent on television, where he is outspending Clinton nearly 2-to-1 in both states, the New York Times reports. More »
February 2008
- January Take: Obama $36M, Clinton $13.5M, Mac $11.6M
  
  Associated Press | Feb 20, 08 2:51 PM CST