
Your democracy
This makes me ill:
TEAM OBAMA BEGINS PLANNING $1 BILLION REELECTION CAMPAIGN
“Bracing for a half-billion-dollar onslaught of outside GOP cash in 2012, President Obama’s advisers are quietly working to bring back together the major donor base that produced a record-breaking fundraising haul in his first run for president. In the past few months, Democratic National Committee aides have contacted several of Obama’s earliest financial backers to brainstorm about when and where to host the first money-raising events. Several big donors said they expect the Obama 2012 operation to open its doors this spring, with a string of fundraisers to generate the early cash needed to rebuild the president’s high-tech campaign operation. … ‘They are getting organized in Chicago to start a massive two-year campaign, which I believe will be successful, but has extraordinarily large challenges in some of the major states,’ said Philadelphia philanthropist Peter Buttenweiser, who hosted one of the first Obama presidential fundraisers in 2007 and is in talks to organize an early one for the re-election. …
“Obama was scheduled to go to New York this week to meet with about 25 large bundlers and supporters … but that event was canceled after the Tucson shootings … The one piece of Obama’s fundraising apparatus that has been managed closely since his inauguration is his online, small donor base. … But a billion dollar presidential re-election bid is unlikely to be launched or sustained for long exclusively with small donors. Even in 2008, Obama’s eye-popping online giving was matched with larger donations generated by roughly 700 big and small bundlers. Rebuilding that half of his financial operation is critical to his prospects and talk of it dates back to before the midterms when the president hosted a string of late summer DNC fundraisers. Attached to each of those large events was a smaller gathering where Obama had private time with his biggest bundlers and talk inevitably turned to 2012.”
One billion dollars. That’s almost $4 from every man, woman and child in the country.
But he’s not gonna get that money from a bunch of college kids sending him their beer money like he supposedly did last time. In fact, last time he got most of his money from Wall Street, BP, health insurance company execs, energy company execs, and all the other Joe Moneybags special interests.
ONE BILLION DOLLARS
How much time will Barack Obama be spending at fundraisers during the next two years? What will his donors expect for their investment? What promises will he be making?
How will he spend that money anyway? It’s not like he needs to pay for advertising because nobody knows who he is. Will we see more paid bloggers and summer camps for the Obama Youth?
Below is a screencap from Memorandum. Why aren’t all the lefty bloggers covering this story? I thought campaign finance reform was a big priority in Left Blogistan? I guess that died in 2008 when Obama broke his promise on campaign financing.

BTW – Didja notice the smooth opening? “It’s the Republicans fault!”
Filed under: 2012 Election, broken promises, Campaign Finance Reform, Democracy as a form of liberal goverment, Democratic Party, General | Tagged: Barack Obama, Campaign Finance Reform | 32 Comments »