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Obama Campaign Not Sharing the Money

Obama Campaign Not Sharing the Money

The Obama campaign has already shown itself as a fundraising juggernaut this campaign season, raising tens of millions of dollars each quarter in conjunction with the Democratic National Committee.  And they have no intention of sharing any of it.

According to Politico, despite requests from other Democratic politicians and groups, the campaign will be keeping their money to themselves.  Requests from leaders of the House and Senate, as well as the Democratic Congressional Campaign Committee and the Democratic Senatorial Campaign Committee, are all likely to be denied.

The fear? That their campaign won’t have enough money to take on all of the conservative super PACs likely to come after them, and that there won’t be enough strength in Democratic PACs to take them on.

“The financial caution for the Obama team also reflects the growing power of super PACs, especially for Republicans,” Politico reports. “The groups — technically unaffiliated with any candidate yet already a huge factor in the GOP presidential contest — are prepared to dump tens of millions, possibly hundreds of millions, into the White House race. So far, Democrats, including Obama’s own super PAC allies, have been unable to match that flood of pro-Republican cash.”

If the campaign is drastically outspent, at least there won’t be quite as many ads flooding the airwaves before election day.  But those that do make will be that much more likely to be attacking the president.

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Photo credit: revisorweb

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7:28PM PDT on Mar 26, 2012

Sharing isn't a political term is it?

8:53PM PST on Mar 10, 2012

This is an election where money is not going to be the deciding factor. No words or lies or spinning things around will stop the world wide desire for a better life. It doesn't matter if only Americans can vote for Obama, the movement of energy is for social justice, financial empowerment to survive and thrive, and freedom from oppression.The repuplicans do not represent that even if they say the right words. We want a sane, clean and healthy world for everything, not just a few rediculously wealthy banking families.

10:30AM PST on Mar 8, 2012

I'm sure Romney would like someone to share their money with him. His big money donors have hit their limit, and no one else is donating to him. So sad, too bad.

10:28AM PST on Mar 8, 2012

Mike C = the majority of the money Obama has collected has come in $3 to $20 at a time from Grass roots supporters, not from Millionarres or PACs. To give this money to other candidates would betray the trust of those of us small donors who went without lunch so we could donate!

6:36PM PST on Mar 7, 2012

Billie C. Which is why most working class people support him, duh. The only ones who support the GOP are the greedy rich and the dumbasses who only THINK that they will someday be rich by pleasing the already rich. THAT won't happen.

4:51PM PST on Mar 7, 2012

HA HA HA sharing the wealth, except when it's his own.

3:51PM PST on Mar 7, 2012

poor obama might have to defend his bad policies. i'm sure soros and the unions will give him all the money he wants. i love how dems think only the gop gets pac funding. obama is bought and paid for by the unions and they will keep buying him. obama must go.

3:45PM PST on Mar 7, 2012

Paul B. "OMG - Obama Must Go"

PMGBTS- Paul must go back to school

3:33PM PST on Mar 7, 2012

It is sad to to me that all these billions of dollars to spread lies, and partial truths,....when people are hungry and need to have homes and healthcare.

2:59PM PST on Mar 7, 2012

Lee... you mean that vetting Obama is somehow wrong. The MSM let him slide on every issue from his past, but hold any Rep candidate responsible for any act they ever committed in their life. You say it doesn't matter what Obama did prior to his election, but hold Reps accountible.. .

How do you justify that hypocrisy???

Yes Obama will need all the cover fire he can muster as he NOW has a record to run against, which is worse for him than any candidate he will be facing, as very little of his record is actually in his favor.

From Unknown to Failure... big difference 4 years can make.

OMG - Obama Must Go.

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