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Monday, March 19, 2012

"Obama lags behind Republican front-runner Mitt Romney in finding donors willing to give $2,000 or more..."

"... a surprising development for a sitting president, and one that could signal more worrisome financial problems heading into the general election," writes WaPo.
At this point in the last election cycle, Obama had received such large donations from more than 23,000 supporters, more than double the 11,000 who have given him that much this time....

At the end of January, President Obama and the DNC had $74 million on hand for the period before the conventions, according to the latest Federal Election Commission reports. Bush and the Republican National Committee had $144 million at the same point in 2004.

Some bundlers have decided to stop supporting Obama entirely, including several in the finance sector, which has been hit with stringent new regulations pushed by Democrats.

“There’s a lot of disaffection and buyer’s remorse among the people I know,” said one 2008 Obama fundraiser, who is no longer working for the president and was interviewed on the condition of anonymity in order to speak freely. “At the end of the day, would they vote for him? Maybe, but they’re certainly going to be less active.”

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