By Patrick Martin, wsws.org, July 15, 2011
Proving that President Obama is the first choice of Wall Street and the American super-rich, his reelection campaign announced Wednesday that it had broken all previous records for fundraising, raking in $86 million during the second quarter of this year.
The $86 million total dwarfed the previous record for presidential reelection fundraising, the $50 million raised by George W. Bush in the third quarter of 2003. It was far above the $60 million target set by Obama’s campaign manager, Jim Messina.
Obama for America, the official name of the reelection effort, raised $47 million, while the Democratic National Committee collected $38 million, largely from fundraising events featuring the president, where big donors are allowed to give up to $30,800 apiece. Individual donations to Obama for America are limited under federal election laws to a maximum of $5,000.
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1 comment:
Heloo Dear Nasir
We the West Papua - Indonesia can not do like other people for obama, but our prayers are always for Obama as a fellow black people in West Papua we continue to support Obama in order to better lead America again and we hope Obama can see the aspirations of the people of Papua to self-determination (independence) as a sovereign nation ..
Facebook suport for Obama http://www.facebook.com/pages/WEST-PAPUA-FOR-OBAMA-2012/109552735800240?sk=wall
thanks and peace
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