Obama, DNC raise $68 million in Q4

posted at 9:50 am on January 12, 2012 by Ed Morrissey

Has the economy improved over the last three quarters?  Not for Barack Obama and the DNC.  The last quarter of fundraising in 2011 brought in a combined total of $68 million, the lowest of the three reporting quarters last year for both:

President Obama’s reelection campaign and the Democratic National Committee raised a combined $68 million in the last quarter of 2011, campaign manager Jim Messina said in a video e-mailed to supporters on Thursday morning.

The Obama campaign raised $42 million, while the DNC raised the remaining $24 million. Those numbers track closely to third-quarter hauls of $43 million and $27 million, respectively.

It fell a couple of million short combined from Q3, as the National Journal notes, but that’s just half of the story.  The Q3 numbers represented a 20% decline from Q2′s $86 million, the first quarter of fundraising for the campaign.  So far, Obama on his own has raised $131.8 million in three quarters for an average of $44 million a quarter, a lower average than after the first two quarters.

Campaign manager Jim Messina says Obama’s still doing better than Republicans:

Messina struck an optimistic note on such engagement, arguing that it stands in “stark contrast” to that of the GOP.

“Recent polls and studies show a dropping enthusiasm among Republican primary voters as they get to know their field,” he said.

Mitt Romney, the front-runner in the race for the GOP presidential nomination, raised $24 million in the last quarter of 2011, bringing his total since kicking off his campaign in June to $56 million.

That’s an apples-to-oranges argument, though.  Romney raised more than half of what Obama did in a split field during a primary.  Republican contributors have a half-dozen candidates from which to choose, while Democrats only have Obama.  It’s not a surprise that Obama outraised Romney, but it’s notable that he’s not outraising him by a lot.

Compare this instead to the last incumbent President who ran for re-election, George Bush in 2004.  His Q3 fundraising in 2003 was $50 million, and he raised another $47.5 million in 2003 Q4.  He finished the year at $132.7 million raised, which Obama missed by about a million dollars — and these are not figures adjusted for inflation, either.

Messina might be paid to put a bright spin on this performance, but at this rate, maybe not for long.  Instead of running a billion-dollar campaign, he’s underperforming George W. Bush.  Bush ended up working within the public-finance system that year, but he raised tons of money right through to the convention in August, finishing with $260.5 million in contributions and $36 million in the bank.  At the rate Obama’s going, he’ll raise about $257 million and still have to spend his own money in September and October. Maybe Obama should have “fixed” that “broken” public financing system when he had the chance.


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Who are the fools that keep contributing? Oh, yeah, unions.

SouthernGent on January 12, 2012 at 9:54 AM

There’s that same picture again – Mr. & Mrs. “Summers Eve” 2012.

50sGuy on January 12, 2012 at 9:55 AM

Still more than the GOP is getting. I think Paul may be the only candidate that can out-draw him donations wise.

abobo on January 12, 2012 at 9:55 AM

“adios mofo” – rick perry

thedevilinside on January 12, 2012 at 9:56 AM

Too bad this isn’t “Fark.com”…’cause BigSven has some choice captions for the accompanying Obama-DWS photo… :)

BigSven on January 12, 2012 at 9:57 AM

So his Hollywood constituents aren’t donating enough?

WOW, look at SMILE on DWS’s face! I knew she could do it.

listens2glenn on January 12, 2012 at 9:57 AM

DWS: “Really? You aren’t this long? But I was told all black men are at least this long…”

NotCoach on January 12, 2012 at 9:58 AM

Wow. Still.
It’s gonna cost me $10000 for a new sewer line out to the street.

$65 million could buy me 6500 new sewer lines.
We need to break this down a bit more….

Scoreboard44 on January 12, 2012 at 9:59 AM

Who are the fools that keep contributing? Oh, yeah, unions.

SouthernGent on January 12, 2012 at 9:54 AM

Don’t forget

Hdjhdj, jdjdhd

From

Somewhere, IN

angryed on January 12, 2012 at 9:59 AM

It’s all good
-lsm

cmsinaz on January 12, 2012 at 10:01 AM

Those critical of Obama’s “crony capitalism” should be pleased.

libfreeordie on January 12, 2012 at 10:03 AM

NotCoach on January 12, 2012 at 9:58 AM

I’m too much of a prude to post that, but not to smile at it. : )

listens2glenn on January 12, 2012 at 10:03 AM

Slipping out of the 1% ? Maybe come November he can join us in the 99%. Or is it the other way around. The class war fare thing is confusing. Just love the photo of Debbiegodownon though.

Bmore on January 12, 2012 at 10:05 AM

Only $68 million? He’ll need a lot more than that to buy enough votes to win.

bgibbs1000 on January 12, 2012 at 10:05 AM

obama’s campaign stated that it wants to raise $1 BILLION dollars for the 2012 year election.

In 2011, Corzine and the IMF Global “lost” – “misplaced” – $1 BILLION dollars in funds.

Does anyone wonder WHERE or HOW this money will be siphoned into the obama coffers?

jpmotu on January 12, 2012 at 10:07 AM

Shouldn’t we ask for more than 68 million dollars?

Fallon on January 12, 2012 at 10:08 AM

You guys are forgetting all the millions Obama gets from parts unknown via the website like he did in 2008, and that no one cared to look into. That’s a faucet Obama can turn on anytime.

Moesart on January 12, 2012 at 10:08 AM

Those critical of Obama’s “crony capitalism” should be pleased.

libfreeordie on January 12, 2012 at 10:03 AM

http://p.washingtontimes.com/news/2012/jan/11/bankrupt-solyndra-seeking-to-pay-bonuses/

a capella on January 12, 2012 at 10:11 AM

Messina might be paid to put a bright spin on this performance, but at this rate, maybe not for long. Instead of running a billion-dollar campaign, he’s underperforming George W. Bush.

Hate to break it to you Ed, but he’s still going to run a billion-dollar campaign. In case you haven’t noticed, most of his “official” travel and speechifying is done in swing states and sounds remarkably like campaigning.

Oh, he’s going to spend a billion dollars campaigning all right, but most of it’s going to be tax dollars.

Lost in Jersey on January 12, 2012 at 10:12 AM

True moesart

Crickets chirping on that

cmsinaz on January 12, 2012 at 10:12 AM

That’s just a myth, how long was yours before the surgery?

angrymike on January 12, 2012 at 10:13 AM

Only $68 million? He’ll need a lot more than that to buy enough votes to win.

bgibbs1000 on January 12, 2012 at 10:05 AM

Well, ACORN is mostly funded by taxpayers, so he won’t have to spend money there.

a capella on January 12, 2012 at 10:13 AM

KUNAT KALIFEE, BABY. The American people clearly want another choice.

Mutnodjmet on January 12, 2012 at 10:14 AM

That’s just a myth, how long was yours before the surgery?

angrymike on January 12, 2012 at 10:13 AM

“Same Doctor that fixed John Wayne Bobbit?”

listens2glenn on January 12, 2012 at 10:16 AM

Here’s hoping all his small donors from 2008 realize that they can’t afford to support this clown.

BuckeyeSam on January 12, 2012 at 10:16 AM

Force him to prove where every dollar came from.

Speakup on January 12, 2012 at 10:17 AM

No wonder Solyndra wants to pay half a billion bonuses to their employees.

Kissmygrits on January 12, 2012 at 10:17 AM

“And you nose grew THAT much?!”

Wait, wasn’t it a caption contest for the picture?..

Archivarix on January 12, 2012 at 10:18 AM

No worries. Obama can always count on overseas donors, Mickey Mouse, and various other untracked $100 or less debit card donors to shore up the remaining couple humdred million.

VibrioCocci on January 12, 2012 at 10:19 AM

I guess those Palestinian credit cards are maxed out buying rockets to send to Israel. Priorities, you know….

WhatNot on January 12, 2012 at 10:25 AM

They’re hedging their bets. If Obama is re-elected, they’ll want some reason to ask for payback.

The Rogue Tomato on January 12, 2012 at 10:26 AM

That picture again?

Is DWS still talking about Little Anthony and His Imperial?

Flora Duh on January 12, 2012 at 10:31 AM

So far, Obama on his own has raised $131.8 million in three quarters for an average of $44 million a quarter, a lower average than after the first two quarters.

With three and a half quarters remaining, he’s sure got a long way to go to reach that ONE BILLION MARK! Paging Warren Buffet.

Rovin on January 12, 2012 at 10:31 AM

Who are the fools that keep contributing? Oh, yeah, unions.

SouthernGent on January 12, 2012 at 9:54 AM

Forced union puppets.

Wade on January 12, 2012 at 10:47 AM

NotCoach on January 12, 2012 at 9:58 AM

DWS:”HaHaHaHa,…still trying to convince me that it is this big…. LMAO!”

belad on January 12, 2012 at 10:56 AM

From the photo on the link, I thought DWS was telling Obama about Subway’s $5 foot long sandwiches.

hobbes1970 on January 12, 2012 at 10:59 AM

OH COME ON! That’s only reported money!

OT-Look at the picture leading to this thread.
I have never been able to look past DWS’s hair or mouth before having to look away, so I do not empty contents.
I have been getting numb to DWS, and have had a titanium spine lately.
The hair keeps her ears pinned to her head…but LOOK AT THEM!
My gawd, I think she’s JugEars sister! Could be? You know by all the vetting the Media did…that JugEars da da was a manwhore!
Genetic!

KOOLAID2 on January 12, 2012 at 11:03 AM

Lost in Jersey on January 12, 2012 at 10:12 AM

Yes, exactly! And he’s so gosh-darned blatant about it, too, with nobody in the MSM calling him on it. Grrrrr..

KS Rex on January 12, 2012 at 11:08 AM

It looks like Debbie doesn’t believe barry’s packing something that big! It’s the only thing she doesn’t believe though.

vietvet68 on January 12, 2012 at 11:20 AM

The donks will get their money from the slush funds set up in 09 and 10 or maybe like DWS’s parents did the old fashioned way, steal it.

http://miami.cbslocal.com/2011/06/29/ex-commissioners-husband-sentenced-for-tax-evasion/

http://discussions.sun-sentinel.com/20/soflanews/fl-wasserman-rubin-trial-date-20111220/10

Yes that is DWS’s mother, the NUT didn’t fall far from the tree.

http://www.examiner.com/parenting-teens-in-fort-lauderdale/local-congresswoman-celebrates-moms-and-our-kids

Can you imagine the MSM sh*tstorm if the head of the RNC was tainted like DWS?

jukin3 on January 12, 2012 at 11:20 AM

I guess those Palestinian credit cards are maxed out buying rockets to send to Israel. Priorities, you know….

WhatNot on January 12, 2012 at 10:25 AM

A social snub to Netanyahu only goes so far with those people. Some of them probably thought that Obama was going to bomb Israel for them. Suckers.

trigon on January 12, 2012 at 11:20 AM

And it isn’t funds that win elections, it is votes. Soros may contribute millions, but he only has one vote. And you talk about a lack of enthusiasm? The enthusiasm from the youth and black communities were overwhelming in 2008. It isn’t and won’t be this time around for a number of reasons. Given the fact that Obama only won by 7 million votes…those 7 million aren’t going to be there this time around. Couple that with an abismal record? Obama is toast.

PorchDawg on January 12, 2012 at 11:34 AM

The donors are all the wall street fat cats, which is amazing. And gee, The One has been campaign while not on vacation. But his job – not so much.

democratsarefools on January 12, 2012 at 11:41 AM

Unexpected.

Hot Gas on January 12, 2012 at 12:28 PM

Those with the money, the smart ones anyway, won’t forward their money in advance of needing to do so. In the interim, they can use their money to birth more money.

Just wait. The money flood will rain come this summer. Personally, I would sell body parts to get rid of Obama. G– knows we’ll have to anyway if he gets four more.

Carnac on January 12, 2012 at 12:41 PM

Soros may contribute millions, but he only has one vote.

PorchDawg on January 12, 2012 at 11:34 AM

Not true, unfortunately. Money can buy busloads of (dead) people to criss-cross this land and vote in numerous places.

Carnac on January 12, 2012 at 12:46 PM

What’s the combined take for the R candidates and the RNC? It’s got to be pretty close to what the donks took in?

PetecminMd on January 12, 2012 at 1:14 PM

Who are the fools that keep contributing? Oh, yeah, unions.

SouthernGent on January 12, 2012 at 9:54 AM

It’s not just the corrupt unions that pay for the outcomes they want, it is 1000s of businesses and 100s of industries that have to pay this protection money. It’s clear extortion from corrupt politicians with the power to pick and choose who wins and who loses. Targeted people, companies, and industries that don’t put up “donations” to ensure their own survival are taxed and regulated out of existence.

Dollayo on January 13, 2012 at 1:08 AM