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Obama raised $.6 billion, not done yet

 
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Obama raised $.6 billion, not done yet - 10/23/2008 11:06:54 PM   
Rockwall

 

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quote:

With $605 million already, Obama asks only $10 more from each of us

Having hauled in a record $208,333 every hour of every day last month -- $150 million in all -- plus a few more unreported millions so far this month, Barack Obama is worried that he might come up short in the political money war with the John McCain-Sarah Palin ticket.

Just to relieve himself of that $150 million before the polls open, Obama will have to spend $12.5 million a day.
---
Having now collected more than $605 million altogether, the freshman senator shows no concern over the appearance of buying the presidency. Imagine for a moment the national political conversation that could be going on now if rich Republicans had raked in that much loot for one campaign

Source LINK


Gotta at least give him credit for that.. well not before you call him a liar about public financing money:
Obama's lie LINK

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RE: Obama raised $.6 billion, not done yet - 10/24/2008 12:04:03 AM   
Jhud


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Well, in way McCain did it to himself. He was one of the architects of McCain-Feingold, and he believed Obama was an honest person. Obama's next opponent won't be so trusting.

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RE: Obama raised $.6 billion, not done yet - 10/24/2008 12:32:41 AM   
Zhi


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He's bought an entire half hour of primetime TV to bring a "political message" here in Colorado on network programming (7PM to 7:30PM October 29th, on CBS, NBC, and one of the three FOX stations, if you don't believe me feel free to look up the Denver tvguide.com listings yourself, 80228 will work for a Denver ZIP). Quick check shows that it's going on in Ohio too, so it might be nationwide...

So, I guess he's hard at work on the spending thing.

Can you imagine the brouhaha that would be going on if a Republican did that? heh.

Is it ironic that his proposed "fairness doctrine" would probably make that illegal?

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RE: Obama raised $.6 billion, not done yet - 10/24/2008 2:48:02 AM   
LabGuy


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Speaking of Senator Obama's fundraising, there's this story about how fraud-friendly his campaign's donation web site is. Apparently no security checks whatsoever are done on credit cards - including not even matching the cardholder name. Reportedly this would require the intentional disablement of default safeguards in the credit card processing software.

There are two possibilities if this report is accurate. Either Obama's web team is hopelessly incompetent, or the site was intentionally set up to permit fraudulent donations. (The article notes that the McCain campaign site properly rejects bogus transactions.)

Well at least they're consistent with their philosophy - voters don't need their ID's verified, so why should donors?

-Robb
Post #: 4
RE: Obama raised $.6 billion, not done yet - 10/24/2008 5:27:31 AM   
zamdad

 

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If he's getting that much wealth for his campaign, when's he gonna spread it to the rest of us?

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RE: Obama raised $.6 billion, not done yet - 10/24/2008 7:02:15 AM   
ddave12000

 

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quote:

ORIGINAL: zamdad

If he's getting that much wealth for his campaign, when's he gonna spread it to the rest of us?


that's what I was wondering...time to put his money where his mouth is!! :)
Post #: 6
RE: Obama raised $.6 billion, not done yet - 10/24/2008 7:14:54 AM   
TMeeks

 

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Trusting a leftist politician is like a letting a 30' python give you a hug!

quote:

ORIGINAL: Jhud

Well, in way McCain did it to himself. He was one of the architects of McCain-Feingold, and he believed Obama was an honest person. Obama's next opponent won't be so trusting.


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RE: Obama raised $.6 billion, not done yet - 10/24/2008 8:10:32 AM   
stateofgrace


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quote:

ORIGINAL: LabGuy

Speaking of Senator Obama's fundraising, there's this story about how fraud-friendly his campaign's donation web site is. Apparently no security checks whatsoever are done on credit cards - including not even matching the cardholder name. Reportedly this would require the intentional disablement of default safeguards in the credit card processing software.

There are two possibilities if this report is accurate. Either Obama's web team is hopelessly incompetent, or the site was intentionally set up to permit fraudulent donations. (The article notes that the McCain campaign site properly rejects bogus transactions.)

Well at least they're consistent with their philosophy - voters don't need their ID's verified, so why should donors?

-Robb


My background is in web development, including e commerce. I agree with your assessment. Either this was done deliberately or it was handled by complete incompetents who didn't have any idea about online security, and they likely would have had to override the settings on their payment processing software in order to allow this.

< Message edited by stateofgrace -- 10/24/2008 8:33:30 AM >


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RE: Obama raised $.6 billion, not done yet - 10/24/2008 9:10:43 AM   
EStan


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My understanding is his campaign is outspending McCain's something like 3-to-1 or 4-to-1 in advertising?

Frankly, if he's spending that much more money, why isn't Obama 12-15 points ahead?

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Post #: 9
RE: Obama raised $.6 billion, not done yet - 10/24/2008 9:18:25 AM   
kernsfamily

 

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quote:

ORIGINAL: EStan

My understanding is his campaign is outspending McCain's something like 3-to-1 or 4-to-1 in advertising?

Frankly, if he's spending that much more money, why isn't Obama 12-15 points ahead?


because, in politics, one can spend a TRILLION dollars.....and lose.

Having more money CONTRIBUTED to your campaign is no guarantee of getting elected.

However, as someone who is in marketing & media, to get your message out to the 300+ million voters in America, it DOES take a massive amount of money to undergo a serious campaign....and, there's really no way around that fact.

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RE: Obama raised $.6 billion, not done yet - 10/24/2008 10:08:06 AM   
Rockwall

 

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quote:

ORIGINAL: EStan

My understanding is his campaign is outspending McCain's something like 3-to-1 or 4-to-1 in advertising?

Frankly, if he's spending that much more money, why isn't Obama 12-15 points ahead?


Good point.

I wonder if we need new stimulus checks because the first one was sent to the candidates.

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Post #: 11
RE: Obama raised $.6 billion, not done yet - 10/24/2008 4:32:47 PM   
Pat-rebel_lady

 

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quote:

ORIGINAL: ddave12000

quote:

ORIGINAL: zamdad

If he's getting that much wealth for his campaign, when's he gonna spread it to the rest of us?


that's what I was wondering...time to put his money where his mouth is!! :)

If he's getting that much wealth, and more on the way, all he would have had to do was pay for the broken Economy; gotten it back on board; and he wouldn't have had to do any campaigning. He would have been a shoe in for President. Then again, that is if, as they say, he'll win because of the broken Economy; Guess it's not true or he missed the boat on this one.
Post #: 12
RE: Obama raised $.6 billion, not done yet - 10/24/2008 4:37:45 PM   
Zhi


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quote:

My background is in web development, including e commerce. I agree with your assessment. Either this was done deliberately or it was handled by complete incompetents who didn't have any idea about online security, and they likely would have had to override the settings on their payment processing software in order to allow this.


I've been writing credit card processing software myself lately, and I concur. I am not sure even how they would manage this... I was under the impression that the credit card company's own processing servers would balk at a name mismatch, even if you did manage to completely destroy the safety checks on the payment gateway (presumably by creating your own, because I have not yet met a legitimate payment processing gateway that would allow such a thing).

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Post #: 13
RE: Obama raised $.6 billion, not done yet - 11/6/2008 12:32:15 PM   
Rockwall

 

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I was looking to see exactly how much Barack's campaign total was, and I mainly find "more than $600 million" but no exact numbers. I was also wondering what happens to the money that wasn't spent and found this article:

quote:

Obama’s Secret Campaign Cash: Has $63 Million Flowed from Foreign Sources?

A Newsmax canvass of disclosed Obama campaign donors shows worrisome anomalies, including outright violations of federal election laws.

The link in LabGuy's post could explain why Barack's campaign deliberately removed stop-checks that would have prevented overseas donations.


For example, Obama has numerous donors who have contributed well over the $4,600 federal election limit.

Many of these donors have never been contacted by the Obama campaign to refund the excess amounts to them.

And more than 37,000 Obama donations appear to be conversions of foreign currency.
LINK

Many people also donated more than legally allowed. Maybe we need campaign finance reform.

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Post #: 14
RE: Obama raised $.6 billion, not done yet - 11/6/2008 12:40:12 PM   
stamper_ben


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quote:

Maybe we need campaign finance reform.
Gee, y'think?

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Post #: 15
RE: Obama raised $.6 billion, not done yet - 11/6/2008 12:54:34 PM   
cow451


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quote:

ORIGINAL: kernsfamily

quote:

ORIGINAL: EStan

My understanding is his campaign is outspending McCain's something like 3-to-1 or 4-to-1 in advertising?

Frankly, if he's spending that much more money, why isn't Obama 12-15 points ahead?


because, in politics, one can spend a TRILLION dollars.....and lose.

Having more money CONTRIBUTED to your campaign is no guarantee of getting elected.

However, as someone who is in marketing & media, to get your message out to the 300+ million voters in America, it DOES take a massive amount of money to undergo a serious campaign....and, there's really no way around that fact.


The party that raises less money will always complain about the other's methods. It's just jealousy. If Mc could have done, he would have. Money and advertising will only go so far. Bad advertising will kill a campaign. Just ask Elizabeth Dole, the outgoing Senator from North Carolina.

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Post #: 16
RE: Obama raised $.6 billion, not done yet - 11/6/2008 1:08:23 PM   
EStan


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I just want to know how much of that $600 million+ is going to pay my mortgage and put gas in my tank?

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Eternal Father, grant that through the tears of repentance I may see more clearly the brightness and glories of the saving cross.
Post #: 17
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