MMC
10-28-2011, 06:41 AM
http://news.yahoo.com/obama-lost-many-donors-08-presidential-race-071945292.html
WASHINGTON (AP) — President Barack Obama has lost millions of dollars in support from former donors in Democratic strongholds and in districts that he won narrowly four years ago, according to an Associated Press analysis of the most recent federal campaign finance data.
Tens of thousands of supporters who gave him hundreds of dollars or more in the early stages of the 2008 campaign haven't offered him similar amounts of cash so far in this campaign. And in some cases, former Obama contributors gave to GOP candidates, such as former Massachusetts Gov. Mitt Romney.
But the AP's analysis indicates that Obama, beleaguered by a struggling economy, has lost early support from some of his larger financial supporters and will have to work harder to win back party stalwarts and swing voters alike. Obama's approval ratings have slumped to 41 percent in a recent Gallup poll, as steadfast supporters have found themselves less able or less willing to open their wallets again.
Obama's missing contributors live across the country, mostly concentrated in the Northeast and the West Coast. Obama also missed support from early donors in parts of Texas, Illinois and Michigan — areas he narrowly won in 2008. But he also picked up some new sources of cash in those places.
The campaign reports offer a complicated financial picture for Obama this election cycle. Recent reports show a mixed level of financial support from Wall Street, and an AP analysis earlier this month found Obama garnered continued donations from the nation's most economically hard-hit areas.
The campaign figures, however, didn't capture money raised by new, outside groups known as super political action committees, which can collect unlimited amounts of cash to influence elections. Obama and leading GOP candidates all have super PACs working in their favor, not counting groups like the GOP-leaning American Crossroads that have raised hundreds of millions ahead of the general election.....snip~
I do believe I stated that he ws losing donors as far back as June of this Year. Still he is not hurting for money yet. Bt do notice how he keeps running back to those Economically hard hit for more and more money. Preying off the Poor.....huh?
WASHINGTON (AP) — President Barack Obama has lost millions of dollars in support from former donors in Democratic strongholds and in districts that he won narrowly four years ago, according to an Associated Press analysis of the most recent federal campaign finance data.
Tens of thousands of supporters who gave him hundreds of dollars or more in the early stages of the 2008 campaign haven't offered him similar amounts of cash so far in this campaign. And in some cases, former Obama contributors gave to GOP candidates, such as former Massachusetts Gov. Mitt Romney.
But the AP's analysis indicates that Obama, beleaguered by a struggling economy, has lost early support from some of his larger financial supporters and will have to work harder to win back party stalwarts and swing voters alike. Obama's approval ratings have slumped to 41 percent in a recent Gallup poll, as steadfast supporters have found themselves less able or less willing to open their wallets again.
Obama's missing contributors live across the country, mostly concentrated in the Northeast and the West Coast. Obama also missed support from early donors in parts of Texas, Illinois and Michigan — areas he narrowly won in 2008. But he also picked up some new sources of cash in those places.
The campaign reports offer a complicated financial picture for Obama this election cycle. Recent reports show a mixed level of financial support from Wall Street, and an AP analysis earlier this month found Obama garnered continued donations from the nation's most economically hard-hit areas.
The campaign figures, however, didn't capture money raised by new, outside groups known as super political action committees, which can collect unlimited amounts of cash to influence elections. Obama and leading GOP candidates all have super PACs working in their favor, not counting groups like the GOP-leaning American Crossroads that have raised hundreds of millions ahead of the general election.....snip~
I do believe I stated that he ws losing donors as far back as June of this Year. Still he is not hurting for money yet. Bt do notice how he keeps running back to those Economically hard hit for more and more money. Preying off the Poor.....huh?