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View Full Version : Obama Campaign Sees Red in May Money Totals.....



MMC
06-20-2012, 10:59 PM
http://l2.yimg.com/bt/api/res/1.2/cLIJVsNC.WRyxBtvouTHYA--/YXBwaWQ9eW5ld3M7cT04NTt3PTYzMA--/http://media.zenfs.com/en/blogs/theticket/AP120612157467.jpg

President Barack Obama's campaign spent more than it took in over the month of May despite his frenetic fundraising schedule, leaving the massive operation with just shy of $110 million dollars cash on hand against $115 million one month earlier.

The embattled incumbent scooped up a hair over $39 million dollars but spent nearly $44.6 million, according to a formal filing with the Federal Election Commission. A more detailed breakdown can be found here (http://query.nictusa.com/pres/2012/M6/C00431445.html).

A senior Obama campaign strategist, briefing reporters on condition of anonymity, said earlier in the day that Romney would best his earlier total — and predicted that the Republican's hauls, plus unrestricted super-PAC cash, would mean "we're going to be the first incumbent outspent."The super-PAC phenomenon has been a recurring source of handwringing at Obama HQ in Chicago. Aides say they worry that those deep-pockets will unleash an unprecedented blitz of negative ads—and that comparable entities on the Democratic side lack the cash to counter effectively.....snip~

http://news.yahoo.com/blogs/ticket/obama-campaign-sees-red-may-money-totals-221222396.html
The Ticket (http://thepoliticalforums.com/blogs/ticket/) – 5 hrs ago<<<<<

Another Senior Obama Campaign person leaking some info to the press. Actions speak louder than words right. Here is Obama spending more money Campaigning than what he was taking in. Speding 44.6 million just for the month of May. He can't even control his spending with his Campaign let alone the government.

Romney best have this blitzing the media Nationwide. Obama wants people to trust him with their money, trust them that he will reduce spending, cut the deficit. Yet he himself cannot control his own Spending and calling for that TV time. :rollseyes:

wingrider
06-20-2012, 11:38 PM
wonder if he is siphoning off some of that money and socking it away somewheres?

Trinnity
06-21-2012, 12:19 AM
Anyone surprised by this? He thinks he can buy this election.

MMC
06-21-2012, 07:59 AM
I hope he continues to overspend with the rest of his Campaigning. I also look at this as that he is working 3 times as hard Campaigning having to constantly stay out there as his numbers continue to tank and more of the Demos back out from supporting him.

Rove has him jumping thru hoops to try and keep up with the money.

Goldie Locks
06-21-2012, 08:53 AM
He spends more than he takes in, just like how he runs the country.

MMC
06-21-2012, 08:58 AM
Guess Bilbo will have to get up those 80k Cocktail parties. Better keeps an eye out for some Saudis coming round to Pay their respects. :laugh:

wingrider
06-21-2012, 11:44 PM
Guess Bilbo will have to get up those 80k Cocktail parties. Better keeps an eye out for some Saudis coming round to Pay their respects. :laugh:
you mean like in 2008?

MMC
06-22-2012, 01:01 AM
Yeah.....It didn't matter as they gave to both Clinton and Obama.