LOGO: Truthdig: Drilling Beneath the Headlines. A Progressive Journal of News and Opinion. Editor, Robert Scheer. Publisher, Zuade Kaufman.  
November 28, 2009
Log in / Register

 Choose a size
Text Size

Most Read

Fred Branfman on 'The Making of an Elder Culture'

India May Hold the Whip Hand in Dubai Power Game

Understanding Our Hollow 'Centrists'

Obama's Thankless Thanksgiving

Purloined E-Mails Don't Change the Facts

Most Comments
Most Emailed

Reports

Ear to the Ground

A/V Booth

Arts & Culture

Digs
Financial Meltdown 101
Vetting Sarah Palin

Truthdig Bazaar
The Coldest Winter

The Coldest Winter

By David Halberstam
$35.00

more items

 
Ear to the Ground

Democrats Rake It In

Email this item Email    Print this item Print   
Posted on Feb 28, 2008
Obama and Clinton
AP photo / Chris Carlson

It’s no wonder John McCain wants to get the Democrats to commit to public financing. In a reversal of tradition, the Democrats are far out-raising Republicans during this election cycle. The Clinton campaign just announced a $35-million month—Clinton’s biggest yet. Though the Obama campaign hasn’t announced its numbers yet, estimates are in the $50-million range.


New York Times:

Senators Barack Obama and Hillary Rodham Clinton both had a record-breaking month of fundraising in February, bringing in more than $80 million combined, but with Mr. Obama again raising significantly more than his opponent.

Mr. Obama’s campaign did not release an official estimate of its February fundraising on Thursday. But several major donors estimated it is about $50 million based on their calculations and knowledge of tallies during the month, when on many days the campaign took in as much as $2 million.

The unprecedented sum is sure to make it that much harder for Mr. Obama to agree to accept public financing for the general election and abide by the spending limits that come with it, something he indicated last year he would do if the Republican nominee also signed up for the campaign finance program. Senator John McCain, the presumptive Republican nominee, has recently hammered Mr. Obama for wavering on the issue.

Read more

More Below the Ad

Advertisement


Elsewhere: .

Comments

Are you a Truthdig member yet? Login now, or register with Truthdig.

By Aegrus, March 4, 2008 at 11:30 am #

Bottom-Up strategy is a winner! Appreciate the words, Cyrena

Report this

By kath cantarella, March 4, 2008 at 4:06 am #
(Unregistered commenter)

To put a war-monger in the White House because he’s making noises about fixing the system that helped create the war… or not to put him there?

Can he actually do it, or does it just sound good for now?

There are certainly a lot of things about McCain that people are socially programmed to admire. Like Obama, he’s real easy to like, and he has the extra perk of not being a golden boy. He has suffered for his country. And that makes him really easy to respect.

But how can you turn a blind eye to his rabid support for the Iraq war, then and now? Do honourable people support unnecessary wars…as long as they are… what?... executed properly? Is just a few hundred dead a fair price to pay for oil? What about with your family included in that statistic?

Has McCain said he regrets the war? Maybe i missed something.

Is it okay to help start a war that kills other people’s sons and daughters and others, as long as your own son is at risk there with them? As long as you yourself have fought in war?

That seems stupid to me.

With Obama and Clinton wallowing like pigs in all that wasted cash, McCain’s starting to look good again. Amazing, really, that anyone can look good again after advocating the Iraq slaughterhouse.

I think McCain is going to come back in a big way in the months ahead.

For most people there are different kinds of honour, i guess.

Report this

By Maani, March 3, 2008 at 12:08 pm #

Cyrena:

Are you deliberately obtuse?  Of COURSE I rounded off the numbers.  Some were rounded down ($5.2 million became $5 million) and some were rounded up ($5.8 million became $6 mllion).  So what?

The point is that Obama has taken as much “special interest” money as Hillary, and that special interest money represents a FAR greater percentage of their overall total intake than lobby or PAC money, which you and others have harped on.

And I continue to bring this up because Obama rails against “special interests” more than any other candidate.  So it is VERY relevant to the discussion.

Peace.

Report this

By cyrena, March 3, 2008 at 7:12 am #

Well Maani,

You’ve posted these ‘figures’ about 287.3 times, and I’m clearly not sure what your aim is, but I think you’re spinning your wheels.

In reality, these ‘statistics’ come across as bogus to anybody that actually deals with statistical research anyway. Nice round numbers across all the columns, with the one small salute to the .5 in the Health Industries category. No breakdown at all, for any of the entities that these categories allegedly represent.

Move on Maani. You’ve beat this pony to death, and never even got any mileage out of it.

Report this

By Maani, March 2, 2008 at 12:03 pm #

Cyrena:

We may be ONE “special interest” (and of course the most important one), but we are not the only one. In addition to taking more money from the energy industry (~$5 million) than any other candidate (in either party), here is a short list of how much Obama has taken from other “special interests” (and, yes, Hillary has taken just as much, though in diffeent amounts from the various interests):

Legal/Law Firms: $11 million
Securities/Investments: $6 million
Education: $4 million
Real Estate: $3 million
Business/Finance: $5 million
Health Industries: $2.5 million

It is instructive to note that, while he harps on “lobby” and “PAC” money, the above special interests represent a FAR greater amount.  For example, Obama took in ~$150 million total.  Of that, he took no lobby money and about $4,000 in PAC money.  A truly negligible percent of $150 million.  However, just the numbers above (which do not include other special interests, such as telecomm, etc.) represent ~$36 million - a MAJOR percentage of the total $150 million.  [N.B.  Hillary’s numbers are similar; though she took in ~$800,000 in lobby money and $40,000 in PAC money, these, again, are negligible vis-a-vis $150 million.]

So anyone who thinks that Obama raised ~150 million from $10, $25 and $100 contributions ha got to stop smoking crack and get back to the real world.

Peace.

Report this

By cyrena, March 2, 2008 at 7:59 am #

I dunno Aegrus…

You know, I’m generally a real ‘play by the rules’ type lady. But, the GOP has absolutely NO recognition of ‘principles, integrity,character, or any thing even close). Money is the ONLY thing they are about, and they’ve been stealing our blood and treasure, for far too long now.

LOOPHOLES? I say let Obama collect all the money he wants…FROM US. It’s never ‘play by the rules’ with the GOP, until their losing.

Same with George. That’s what he did all though Yale, instead of the standard thing. He played the “World Domination” board game. (not unlike Monopoly) and he’d harass his colleagues, (when they were trying to study) and always insist on either extending the game (past the original rules) or otherwise changing them, if he was losing.

So, Obama has managed to collect the bulk of his money so far, (contrary to the lies of certain posters here) through basically nickle and dime type donations, from a huge majority of the people. And, because this thing started SOOOO early, (is it over yet?) he’s had a long time.

The average supporter, even those at the bottom of the chain, manage to work in anywhere between $15.00 and $35.00 a month. Now of course the baskets may be coming up a tad bit short at Sunday services, but poor folk know how to stretch the ever shrinking dollar. We’re used to it.

So, that has turned out well for Barack, far better than I ever expected. The larger contributions from celebrities and other rich folks certainly helps as well.

But at the end of the day, he’s done well by small contributions from far larger numbers of people. I’d also say that he hasn’t needed to spend his campaign funds in the standard way. Most of political candidates pay their campaign workers, and pay their expenses, and they travel at a relatively top dollar. (by air, and they stay in hotels, and they have to eat).

I learned from personal experience that Obama’s campaign is MOSTLY accomplished via volunteers. If they can’t travel, they work the phones and the Internet. If they do travel, they team up ‘car pools’. Housing is provided in by other volunteers who have space in whatever the cities are.

It has been, in a few short words, an AMAZING organized effort. Reminds me of the 60’s, when folks would board a bus, or do whatever it took. And, $5.00 here, or $20.00 there, IF IS IS SUSTAINED…makes all the difference in the world. I’m not kidding, these folks MAKE IT WORK!!

So, that’s why he’s been able to use his money on the stuff that can’t be ‘volunteered’. Like TV air time or whatever.

So, much of his campaign has been organized by volunteers, and it’s been doable because of organization, and a ‘spreading of the load’. People do what they can, and it works because the load is balanced. There are also far more ‘jobless’ people now, so it’s not like they don’t have time. Donate a week, or donate a weekend, or donate a few days in-between. Got kids? Stay home with ‘em and work the phones.

And, I’d say that’s ‘principled’ enough for me. The naysayers call them a cooning cult, or worse. But guess what? That’s what works! It gives people a sense of having a part in their own destiny and survival.

So, if he decides this is better than ‘public financing’ I say the hell with McCain. He can have Obama’s share of that as well. How much is $3.00 on a tax return anyway, when folks don’t even have enough income to file one?

It’s DEFINITELY not enough to run a successful campaign in this day and time.

Besides, the GOP and the neoconners have been using our money to enrich themselves for decades. Time for us to use our resources to enrich ourselves.

They only care about a ‘level playing field’ when it is no longer tilted in their favor. 

The ‘haves’ have had it all, until one day they looked up, and their ‘own’ had taken their stuff TOO! Whoops!They never saw it coming.

Now it’s time for the ‘have nots’ to pool our resources.

Report this

By cyrena, March 2, 2008 at 7:25 am #

Maani,

If ‘special interest’ money is me and the folks in the ‘hood, (which is where it’s coming from) then he can take as much of it as we are able to contribute, since WE ARE the SPECIAL INTEREST!!

Oh yeah. I don’t have a problem with that at all.

We want our country and our government back. This just shows how we can ‘pool our resources’.

It’s an Indian Thing.

Now, go eat your principles. There should be a whole bucket of ‘em in your trough.

Report this

By Maani, March 1, 2008 at 12:55 pm #

thetimes:

“To say that Senator Obama should voluntarily limit the amount of private contributions to his campaign because he initially agreed to that years ago is foolish…”

It was not “years ago”; it was last year.  And he made a pledge both verbally and in writing to do so.

“Obama would be a fool to agree to public financing considering the depth and breadth of his public support…Things change and he is probably sincerely surprised at the amount of public financial support that he continues to receive.”

That is not an adequate reason for going back on a pledge.

“But changing your position as a situation changes is not like betraying your principles while you try and woo a few voters.”

That is EXACTLY what it is like.  He IS betraying his principles, one of the most claimed of which is his wanting to keep “special interest” money out of elections.  Yet now that he sees how much of that money he can (and has) raked in, he is taking the politically expedient path rather then the principled one.

This article might interest you and open your eyes a bit more:

http://www.zcommunications.org/znet/viewArticle/16601

Peace.

Report this

By thetimesareachanging, February 29, 2008 at 5:33 pm #
(Unregistered commenter)

To say that Senator Obama should voluntarily limit the amount of private contributions to his campaign because he initially agreed to that years ago is foolish.  The only reason Mr. McCain wants Senator Obama to agree to public financing is because Mr. McCain will never be able to compete with Senator Obama otherwise.

Obama would be a fool to agree to public financing considering the depth and breadth of his public support.  And he shouldn’t.  Things change and he is probably sincerely surprised at the amount of public financial support that he continues to receive.

But changing your position as a situation changes is not like betraying your principles while you try and woo a few voters.  Wasn’t Mr. McCain the guy that spent years being tortured as a POW who intially stood up to Bush/Cheney to state the obvious that waterboarding is torture ... until he needed the neo-con, evangelical vote when he decided that acquiring power is far more important than being principled.

Now that is a flip-flop that means something.

Report this

By Aegrus, February 29, 2008 at 4:10 pm #

All Barack wants is a discussion to have a clear-cut principal campaign. He wants public financing, but I’m sure some loopholes have been brought to his attention. He’s just ensuring the right thing happens, and both candidates get equal treatment.

Report this

By DennisD, February 29, 2008 at 1:50 pm #
(Unregistered commenter)

“Money, it’s a gas. Grab that cash with both hands and make a stash.” - Pink Floyd

“Change” is what you used to get from a $20 dollar bill 20 years ago. No “change” is what you get now for just about anything you buy including the Presidency. I guess that’s just the price of “progress” in the District of Corruption.

Report this

By Maani, February 29, 2008 at 12:47 pm #

“The unprecedented sum is sure to make it that much harder for Mr. Obama to agree to accept public financing for the general election and abide by the spending limits that come with it, something he indicated last year he would do if the Republican nominee also signed up for the campaign finance program. Senator John McCain, the presumptive Republican nominee, has recently hammered Mr. Obama for wavering on the issue.”

As well he should.  Obama both stated - saying “Yes,” not “maybe” or “only if” - that he would abide by public financing, and filled out and signed a pledge to do so.  He is now waffling over what he “said” and what he “meant.”  This is typical political expediency.

What happened to his promise not to engage in “politics as usual?”  His attempt to weasel out of his pledge - by adding so many restrictions that it makes public financing no longer viable - is without question “politics as usual.”

Peace.

Report this

Add Your Comment

Posts by unregistered readers are moderated. Posts by members
are published immediately. Why wait? Register today!







Number of characters remaining: 4000

Notify you when others comment on this article?


Are you a human?
Retype the word you see here.


Please read and abide by our comment policy.
By submitting this comment, you agree to this site's terms and conditions.

 
 

 
Join the Liberal Blog Advertising Network
 
 
 
 
 
 
 

A Progressive Journal of News and Opinion. Editor, Robert Scheer. Publisher, Zuade Kaufman.
Copyright © 2009 Truthdig, L.L.C. All rights reserved.