Dem fund raising
Posted in Elections by Peter W. Schramm
While Obama's poll numbers
are still down, he and his party have a new concern, one that has a way of focusing politicians' attention, a drop in fundraising
, huge drop, actually. "The pair of Democratic committees tasked with raising money for House
and Senate candidates -- and doing so at a time when the party holds
its strongest position on Capitol Hill in a generation -- have watched
their receipts plummet by a combined 20 percent." Also, "While donations from special interest political action committees have
increased, individual donors are disappearing at a rate that has
alarmed party leaders: The DSCC's contributions from individuals was
$18.5 million through August, a drop of $12.6 million, or nearly 40
percent, from two years earlier..."
12:55 PM / September 25, 2009
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The Stimulus money is clearly not being spent fast enough by our government to have the intended effect.
I think we need to address the elephant in the room. Right now, support for the Democrats' campaign committees could be seen as support for Obama. It can't be ruled out that the underlying reason for a steep drop in donations from individuals is due to racism. I don't mean to single anyone out, but this is something that can't be dismissed out of hand.