Obama Being ‘Outspent’?


Pages: 1 2

According to the latest media-aided meme emanating from the Obama re-election campaign, the president and his supporters are being outspent by the Romney campaign. A fund-raising email sent out in late June reveals the level of purported angst. “I will be the first president in modern history to be outspent in his re-election campaign, if things continue as they have so far,” it reads. “I’m not just talking about the super PACs and anonymous outside groups–I’m talking about the Romney campaign itself. Those outside groups just add even more to the underlying problem.” Yet like so much of what the president has said about a variety of things over the last three years, this is yet another statement at odds with the truth.

The email continues. “The Romney campaign raises more than we do, and the math isn’t hard to understand: Through the primaries, we raised almost three-quarters of our money from donors giving less than $1,000, while Mitt Romney’s campaign raised more than three-quarters of its money from individuals giving $1,000 or more,” it said. “We can be outspent and still win–but we can’t be outspent 10 to 1 and still win.”

That is undoubtedly true. It’s also complete hyperbole. As the charts from the Center for Responsive Politics shown here indicate, the president’s campaign has not only raised more money that Romney’s campaign it has spent more and has more cash on hand. Yet campaigns are only part of the picture. When President Obama attends fundraising parties, such as the one at the home of celebrity Sarah Jessica Parker attended by 50 donors who paid $40,000 each for the privilege–even as the above email excoriated Romney for raising money “at a secretive retreat for the biggest donors to both his campaign and the super PACs that support him”–that money goes to both the president and the Democratic National Committee (DNC). The DNC spends a substantial portion of that money to re-elect Obama. As of now the DNC has also raised more money that the Republican National committee as well.

So what is President Obama talking about? Much like former president Bill Clinton, parsing the language becomes a critical element in this deception. Romney has indeed out-raised Obama on occasion, meaning in a given month his cash intake may be higher than the president’s. But the number of months President Obama has out-raised Romney far is higher. With respect to outside money, such as 527 organizations, which are tax-exempt groups that engage in political activities, Obama may have a point, since Romney currently maintains a small edge. Yet if the president insists on counting 527s, etc., then the part of his email contending he will be “the first president in modern history to be outspent,” is also untrue: in the 2004 election campaign, George W. Bush was outspent by challenger John Kerry.

The Washington Post, hardly a bastion of conservative thinking, further undermines President Obama’s contention. “The lie needs to be put to the very idea that President Obama might be outspent during the 2012 election. Nobody knows how much the candidates and campaign will raise in the weeks ahead, but, so far, the numbers are pretty clear,” writes Ed Rogers. Rogers totals up the amount of money raised by three elements: the respective campaigns, national committees (RNC vs. DNC) and the so-called Super PACs, which are political action committees arising as a result of a federal court case known as SpeechNow.org v. Federal Election Commission. Super PACs can raise unlimited sums of money from sources such as corporations, unions, associations or individuals. They can spend those unlimited sums to overtly advocate for or against political candidates. But they are prohibited from donating directly to candidates.

Pages: 1 2

  • H&R_ Barack

    America's Tax-Payer Worker-Bees are being out-spent by Obama's welfare queen-bee TAKER class.

    ~Obama's Section 8 housing subsidies, – Obama's Medicaid, and other support programs have been created to establish a permanent welfare class which, – in terms of skills and attitudes, is poorly equipped to return to work.

    Not only that, but the children of OBAMA welfare queens are nurtured in a mentality that perpetuates their dependency from generation to generation.

    We see it the first of every month at the grocery store.

  • Chezwick

    From my locality, I see an Obama (anti-Romney) ad every single night while watching baseball. I have yet to see a single Romney ad.

  • http://soundclick.com/333maxwell 333maxwell

    President Obama – Millions of people are giving him hundreds of dollars to get elected.

    Governor Romney – Hundreds of people are giving him millions of dollars to get elected.

    • Looking4Sanity

      Maxwell (Ain't) Smart.

      • H&R_ Barack

        Agent 99: – Did I hear something?
        Maxwell Smart: – Yes, there were some tap dancers in the hallway.

        Pardon me while I get my shoe phone.

  • H&R_ Barack

    Re: "Obama Being ‘Outspent’"

    …..and that is just in intellectual currency.

    • kafir4life

      His currency is counterfeit.

  • Looking4Sanity

    Indeed. He's certainly being out classed. Granted. That was never a monumental task…still…

    • H&R_ Barack

      The oppressed are allowed once every few years to decide which particular representatives of the oppressing class are to represent and repress them.
      ~ Karl Marx

      • Looking4Sanity

        I was never fond of Karl Marx either.

      • Amused

        Exactly and conservatives have found their "oppressor " in Romney . Bend over H&R , you called this one ./

        • fiddler

          YOU are IRRELEVANT.

  • Swemson

    This is a real joke.

    Obama lies about EVERYTHING!

    This is but one more example. Obama will spend double whatever he thinks he needs to win, and if he were somehow to run short on funds, he's just call his pal Timmy over at Treasury and have him print some more. To Obama & his supporters, there are no rules, no laws, no right or wrong, just the absolute imperative that Obama be given a second term so he can finish his mission of destroying this country.

    Does anyone really doubt that a good chunk of the $787 BILLION "stimulus" wound up in the pockets of Obama and his friends & supporters? Heck, normal brokerage alone on that adds up to $39.35 BILLION, and Obama & his crowd would never have been satisfied with a lousy 5% cut.

    Between unlimited financial reserves, and massive voter fraud, I honestly believe that we'll have to win by somewhere between 8 to 10 percent of the popular vote ink order to squeak out the thinnest of victories here. The odds are stacked so high against us, that I'm afraid we hardly have any chance at all of getting rid of this goniff.

    I hope to heck I'm wrong, but I'm not going to hold my breath.

    fs

    • Asher

      Romney made over 4.2 million in just a couple of days after the Health care law was deemed a Tax.

    • WilliamJamesWard

      We will all be long gone and buried before the trail of where the "stimulus" money actually ended
      up and I think Obama's reelection efforts are well greased by it. Our corrupt government has
      acheived a platform where it can become completely corrupt and unredeemable. If enough
      Americans see this and vote out Obama then maybe they will vote out all who have been
      attached to him and every professional politician for a new start and cleanup, maybe. The
      stimulus may have stimulated sane people to become active in order to save themselves.
      William

  • kafir4life

    Dennis miller had a great idea for Romney right after President Stinky (-bo) met with his hollywood wierdos raising 15 million. Romney should have had a barbeque fundraiser with a bunch of normal people, and at the end, hold up the 15 hundred dollars he raised.

  • Asher

    The Thrill is Gone, This is the End, so Why Pretend! Barry has lost his Big popularity! All of you who are getting married please forego your wedding gifts, and ask your friends and relatives to donate to Obama 2012…Like we are all going to do this looser that kind of a favor…Our relatives would think we nuts in the Head.

  • Schlomotion

    It is so disgusting to watch people haggle over how much gelt the horses are worth in this election. Pass the popcorn.

  • mrbean

    The mainstream media had their tongues so far up Obama's A$$ that they have embedded his dingleberries in their chin. White guilt, black tribalism, and the adoring leftist mainstream media are the only reasons this clown was ever not properly vetted and ended up elected as President , and the GOP chosing a loser like John "Dead Man Walking" McCain as their candidate in 2008 did not help either. And the MSM still gives him a free ride but let us hope he is gone in January 2013.

  • stevefraser

    Are you suggesting O is lying?

    • fiddler

      No just talking. Are they one in the same?

  • http://www.facebook.com/mike.villano.71 Mike Villano

    This is the latest lie from the O admin and their lame stream media pie holes.
    "Underdog Obama Faces Off Against Big Evil Rich Privileged White Guy."
    The corrupt lame stream Pie Holes for Power embed the underlying message because they "care about people" and they want to make sure "everyone gets it."