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Serious question: how much more money does Obama need from now til the election ?

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steve2470 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-05-08 12:08 AM
Original message
Serious question: how much more money does Obama need from now til the election ?
Edited on Sun Oct-05-08 12:17 AM by steve2470
I know the ideal answer is "as much as possible", but does anyone have a handle on that ? Thanks.

on edit: just gave, felt good ! :)
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BlooInBloo Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-05-08 12:10 AM
Response to Original message
1. A lot.
:P
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Ioo Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-05-08 12:11 AM
Response to Original message
2. All of it?
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NotThisTime Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-05-08 12:11 AM
Response to Original message
3. I think you said it yourself, as much as possible... he's going to need it...
I'm donating as much as I can, unfortunately I will not max out, sadly we're set to close on our house 10/31 if all goes well, and I was going to max out with the house sale, but by then it will be too late. I'd donate now on the credit card, but if the house sale falls through for some reason I'd be up a creek without the rest of the funds....
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fearnobush Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-05-08 12:14 AM
Response to Original message
4. He collected 66 milllion in August alone
I suspect he collected a similar amount or more during September.
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gmoney Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-05-08 12:16 AM
Response to Original message
5. $840 billion should cover it (n/t)
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napi21 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-05-08 12:28 AM
Response to Original message
6. I think you're right in saying as much as possible. I think it's very telling
that so many people are donating to his campaign. Most of those people have never given to any politician before! That is GREAT! However, I have to tell you, I'm very aggrivated that ANY politician or collectively ALL politicians drop the obscene amount of $$ that spent in a single year, just to win an office that usually pays them less than they're making in their private sector job! I suppose there are a few who enter politics because they really want to make things better in our Country, but the total amount of money floating around during recent campaigns is really obscene! I have no way of knowing what the total expenditure is, but if you accounted for the presidential, senate, house, governor, state legislature campaigns, I have to question why are so many people complaining about higher taxes, gas prices, HC costs, grocery prices and everything else when so many seem willing to throw so much money at so many candidates?
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MarthaMyDear Donating Member (446 posts) Send PM | Profile | Ignore Sun Oct-05-08 12:34 AM
Response to Original message
7. Just gave too!
It does feel good...this is second candidate I've tried to support financially. I've been setting aside small amounts of cash to send on a regular basis the past few months...just CANNOT imagine living under another 4 years under Bush regime (McBush).

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gravity Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-05-08 12:35 AM
Response to Original message
8. Depends on your risk tolerance for a McCain victory
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steve2470 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-05-08 01:37 AM
Response to Original message
9. gentle reminder, please give if you can nt
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Median Democrat Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-05-08 02:26 AM
Response to Original message
10. Unlike Obama, McCain Has Access And Control of Unlimited RNC Funds
Edited on Sun Oct-05-08 02:29 AM by Median Democrat
The DNC does not have as much cash on hand while the RNC does, and can continue to fundraise on top of the 84 million in public funds McCain is getting.

http://www.washingtonpost.com/wp-dyn/content/article/2008/09/16/AR2008091603321.html

/snip

McCain's campaign team has argued privately for months that he would be able to raise enough money to be competitive in the fall, and RNC officials announced earlier this week that the party would enter the general-election period with $110 million in its various accounts. Combined with McCain's federal infusion, the Republican candidate had about $200 million at his disposal. When his total is added to funds held by the Democratic National Committee, Obama began the month with about $94 million at his disposal and the ability to continue raising as much as he can.

/snip

http://blog.newsweek.com/blogs/stumper/archive/2008/09/09/was-obama-right-to-opt-out-of-public-financing.aspx

/snip

Take July, for example. While Obama netted a massive $51 million--again clobbering McCain, who racked up $27 million--the important statistic to look at is the combined amount of cash-on-hand for each candidate and his party (i.e, how much is actually available to spend on getting the nominee elected). In this case, the totals were nearly identical: the Republicans finished the month with $96 million in the bank ($75 million for the RNC, $21 million for McCain) versus $94.3 million for the Democrats ($25.8 million for the DNC, $65.8 million for Obama). In other words, the "mighty" Obama and "measly" McCain--who raised only $120 million over the course of the entire 16-month primary campaign--were tied. So much for the punditocracy's pecuniary predictions.

/snip
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ps1074 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-05-08 02:50 AM
Response to Original message
11. Lots of money
Last week Obama spent 13,5 million in TV ads (McCain psent 5,5 million) and the campaign are trying to air 20% more ads each week till election day, so that is something like 80 million for ads only. He will also need money for GOTV... I don't know how much but add 50 million or so.

I'd say anything between 130 to 150 million dollars from now till election day will do fine.
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PBS Poll-435 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-05-08 02:51 AM
Response to Original message
12. Please read this...
Obama needs all the funds that he can get.

The CW and media spin is that McCain/Palin are limited to the public funds they received after the convention. Not true. They can use of to 5% of their "compliance fund" for their ad budget.

http://www.slate.com/id/2199935/
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lamp_shade Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-05-08 05:36 AM
Response to Original message
13. McCain doesn't get it all. Some RNC $$$ must fund state and local campaigns.
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