Fundraising Woes Could Hold Back the GOP in 2010

[ObamaKerryDem]

Fundraising Woes Could Hold Back the GOP in 2010
Newsweek
By Suzy Khimm

There's been no shortage of warnings for congressional Democrats as both parties have begun gearing up for the 2010 midterm elections. With the pains of the recession still apparent across the country, anti-incumbency sentiment has steadily grown against the Democratic Congress and administration. Meanwhile, the GOP's unilateral opposition to the Democratic agenda has both united the GOP's lawmakers and encouraged the grassroots Tea Party movement that rallied against Obama's "government takeover" of America last November.

......

But there's at least one critical area in which Democrats are still massively outperforming the opposition. On the House side─where at least 40 and as many as 80 seats could be in play─the Republican fundraising arm is woefully short of cash, as Politico's Ben Smith and Josh Kraushaar reported over the weekend:

The National Republican Congressional Committee, the key cog in helping to finance GOP campaigns, has banked less than a third as much money as its Democratic counterpart and is ending the year with barely enough money to fully finance a single House race ...The DCCC outraised the NRCC this year by more than $18 million ...The NRCC has only $4.3 million left in its campaign account─with more than $2 million in debt─leaving it with just a pittance to fund the dozens of races it hopes to aggressively contest. The DCCC, meanwhile, is sitting on a $15.3 million nest egg.


http://blog.newsweek.com/blogs/thegaggle/archive/2010/01/04/fundraising-woes-could-hold-back-the-gop-in-2010.aspx?GT1=43002

[Kerrytravelers]

1. All those republicans who have voted against their own economic self-interest for decades...

... are now unemployed and have no money to donate.

[ObamaKerryDem]

2. So true.

I love your username, btw, and your sig line! :)

[burning rain]

7. We're gonna improve those miserable bastards' lives whether they like it or not.

I mean to drag them kicking and screaming into a better future!

[buff2]

3. That is real good news!

:woohoo: :applause: :applause: :applause: :applause: :applause: :woohoo: :woohoo: :woohoo: :woohoo: :woohoo: :woohoo: :woohoo: :woohoo: :woohoo:

[Vincardog]

4. Why do the GOP need to fund raise when they control BOTH Parties' "leadership"?

[existentialist]

5. I suppose that this is good news as far as it goes,

but there is still a lot of time left for fund raising, and as the article pointed out the GOP won majorities in 1994 despite being at a disadvantage as far as congressional campaign cash. Still, it is an indicator. What does it indicate?

I believe it indicates dissatisfaction with the GOP brand.

However, I believe that, as with the Democratic brand as displayed in conversations here on DU, dissatisfaction with the party in general does not equate to dissatisfaction with particular candidates, and it may mean that, as with Democrats, many Republicans will be donating directly to particular candidates rather than to a generalized campaign committee.

We'll get a better picture after the primaries get into full swing.

[Cosmocat]

6. The Ds are going to lose some seats ...

in the house for sure, probably a few in the senate, but it won't be as big as the media will TRY to make it out to be ...

Rs are splintered and people have no love the for them ... Money is not the issue either way ...

The Ds had MAXIMUM turnout last year with people supporting BO and going against Bush and won more seats than they really can control - they are not going to have the turnout like they did for the presidential, and lose some of the 50/50 districts and seats that have more Rs than Ds ...

Just a fact of life ...

But, the Rs and media will make it out to be more than it will be ...

[existentialist]

8. You are probably being realistic

Realism is scarce these days.

[Clio the Leo]

9. They're funneling it from the Teabaggers....

http://www.democraticunderground.com/discuss/duboard.php?az=show_topic&forum=433&topic_id=100796